National Audubon Society, US grassland projects developer team up for carbon crediting programme
A wildlife habitat initiative from the National Audubon Society (Audubon) and a Texas-based grasslands carbon project developer announced Tuesday a partnership to establish a carbon crediting programme for landowners who implement regenerative land management practices.
Read MoreCLARIFICATION – Carbon removals buyers’ group signs $49 mln offtake deal with Swedish energy firm
A corporate CO2 removals (CDR) buyers’ club and a Stockholm-based energy firm announced Tuesday a $48.6 million offtake agreement for credits from a commercial-scale CDR retrofit on a biomass-fueled district heating facility.
Read MoreNYCI electricity coverage, facility-specific caps could protect disadvantaged communities and prevent leakage -report
A report published Monday by a US-based nonprofit found that obligating the electricity sector and including facility-specific caps under New York’s future cap-and-invest programme (NYCI) – which is set to exclude the use of offsets – would help to reduce leakage and protect disadvantaged communities (DACs) from the adverse effects of greenhouse gas (GHG) emissions.
Read MoreCF NORTH AMERICA: Longer term strategy necessary in maturing VCM, experts say
Heightened regulatory scrutiny could encourage investment in the voluntary carbon market (VCM), but market players need a long-term strategy for the relatively nascent industry, panellists told conference attendees this week.
Read MoreBrazilian Senate committee approves national green hydrogen framework
The Brazilian Senate’s Special Committee on Green Hydrogen advanced a bill Wednesday establishing a regulatory framework for energy sources that includes incentives designed to promote the nation’s industry.
Read MoreCF NORTH AMERICA: Canadian carbon offset fund announces RFP towards first Quebec project
A Montreal-based fund that develops carbon offsets announced Tuesday a request for proposal (RFP) for its first project in Quebec at the Carbon Forward North America conference.
Read MoreVerra suspends registry account linked to Brazilian carbon credit fraud investigation
Verra has suspended a registry account linked to three projects that are reportedly the subject of a fraud probe launched by the Brazilian Federal Police (PF) last week.
Read MoreNew York Senate approves Clean Fuel Standard bill, proposal in limbo again
The New York State Senate approved Friday a bill seeking to establish a Clean Fuel Standard (CFS), but the proposal once again failed to clear both chambers ahead of the end of the legislative session.
Read MoreClimate superfund legislation passes New York legislature, awaits governor’s signature
The New York State assembly passed Friday a bill establishing a climate change adaptation fund to be financed by fossil fuel companies, which now awaits Governor Kathy Hochul’s (D) signature to become law.
Read MoreBritish Columbia details stakeholder concerns with CCS offset protocol
The environmental ministry of British Columbia (BC) has released stakeholder feedback on its draft carbon capture and sequestration (CCS) offset protocol that detailed concerns around monitoring periods and leak detection, project eligibility, crediting and stabilisation periods, quantification and verification, and additionality.
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