Study highlights Canada’s seabed sediment as critical carbon sink
A new study published Friday has highlighted the pivotal role of Canada’s seabed sediments as carbon sinks, stressing the urgent need for stronger protections.
Read MoreUS Federal Reserve, four Canadian banks withdraw from net-zero banking alliances
The US Federal Reserve (Fed) announced that it will be leaving the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) in the days leading up to President Donald Trump’s return to the White House.
Read MoreInvalidation expires for nearly 3 mln CCOs along with robust ARB first offset outlay of 2025
The invalidation period of about 3 million credits expired during California regulator ARB’s first bi-weekly compliance-eligible offset issuance of 2025, agency data showed.
Read MoreWCI Markets: Aftershocks of ETS rulemaking delay keep CCA volatility high
Another delay to highly anticipated cap-and-trade rulemaking jolted California Carbon Allowances (CCA) prices in the secondary market briefly to near three-year lows on Tuesday, with volatility driving up option prices.
Read MoreToyota’s US subsidiary settles falsified emissions testing lawsuit for $1.6 bln
A Toyota subsidiary agreed to plead guilty to charges of emissions fraud, resulting in a $1.6 billion settlement, the US Department of Justice (DOJ) said Wednesday.
Read MoreUS CDR company delivers second tranche of ERW credits to buyers club
A US CO2 removal (CDR) company announced delivery of 420 credits from enhanced rock weathering (ERW) projects to a carbon buyers club.
Read MoreCanada projected to reach 2030 emissions reductions five years late -report
Led by CO2 abatement in the electricity sector, Canada achieved a 0.8% total reduction in emissions in 2023, which potentially put the country off-track from meeting its 2030 targets, a report said Tuesday.
Read MoreCDR funding faces potential uncertainty under Trump administration, expert says
CO2 removal (CDR)’s bipartisan nature and economic benefits are pitted against the potential repeal of climate policies and new departmental leadership, making its future in the US uncertain, a policy expert said on Monday.
Read MoreWyoming senate bill profiles CO2 benefits, calls for net-zero repeal
Wyoming lawmakers introduced a bill in the state legislature on Friday, detailing plans to repeal low-carbon energy standard requirements.
Read MorePreliminary 2024 US GHG emissions not on track to meet Paris target -report
Preliminary US data for 2024 is expected to show declines in the country’s oil, gas, and industrial sector emissions, while total emissions dipped slightly, according to a report published Thursday.
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