FEATURE: Next wave of orphaned oil and gas wells in the US offers vast methane abatement potential
The next wave of orphaned oil and gas wells is about to crop up in the US, offering significant potential to generate methane abatement credits.
Read MoreINTERVIEW: Cement maker explores offshore CO2 storage, eyes credit sales from carbon mineralisation
A multinational cement maker is working with partners to develop ways to store its CO2 in offshore reservoirs in Europe, while supporting the development of carbon mineralisation technologies from which it could generate carbon credits.
Read MoreJust 6% of past voluntary carbon credit issuances likely to meet ICVCM’s CCP label -analysts
A little over 6% of historical credit issuances have a strong chance of receiving the CCP label by the Integrity Council for Voluntary Carbon Markets (ICVCM), with the tag potentially a more stringent marker of quality than CORSIA-eligible credits, according to market analysts.
Read More‘Carbon neutral’ fee charged by ride-hailing company risks greenwashing -NGO
A charge imposed on ride-hailing customers in Southeast Asia to mitigate the climate impact of their travel is backed by dodgy voluntary carbon credits and subjects the company to potential claims of greenwashing, according to an investigation by a local non-profit.
Read MoreINTERVIEW: Brazilian rainforest state to build bridge between smallholder farmers and the carbon market
A Brazilian state is working to enable access to the carbon market for smallholder farmers by rewarding them for protecting the Amazon and setting up an intermediary agency to facilitate access to offset buyers.
Read MoreDeep sea mining could lead to multi-billion toll of natural capital destruction
Deep sea mining for resources such as polymetallic nodules used in the energy transition could lead to more than $500 billion in value destruction, including at least $465 bln of natural capital loss, according to a report which finds preserving the deep sea to be worth at least 10 times more than exploiting it.
Read MoreINTERVIEW: VCMI to road test flexibility claim with companies, aims to launch by year end
The Voluntary Carbon Markets Integrity Initiative (VCMI) plans to road test its flexibility claim idea with companies over the next seven to eight months, despite it clashing with SBTi rules.
Read MoreBuilding integrated value chains for CCS, hydrogen, and wind helps to drive up returns -oil major
Creating integrated value chains across offshore wind, green hydrogen, and carbon capture and storage (CCS) in industrial heartlands is key to achieving higher returns and counteracting the impact of an inflationary environment, said an oil major executive speaking at a conference today.
Read MoreCarbon markets key enabler in funding switch to regenerative agriculture, says investor
Carbon finance can be key in supporting farmers transition to regenerative agriculture, according to an investor working at the intersection of climate change and social impact.
Read MoreUkrainian startup secures EU backing to implement DAC carbon removal technology
The EU will provide grant funding to a Ukrainian startup looking to scale up its direct air capture (DAC) technology, with the CO2 intended to be used in agricultural applications.
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