Vermont, oil and gas industry wrangle in fossil fuel compensation lawsuits
Vermont remains embroiled in a pair of lawsuits against the fossil fuel industry – a challenge to its climate superfund legislation and the other case involving the state’s pursuit of compensation from oil and gas companies.
Read MoreSeveral countries to use international carbon markets to achieve Paris goals, while others keep options open
A handful of mostly developing countries said they intend to use the Article 6 carbon markets to help finance their Paris Agreement climate plans by 2030 — or are keeping open the option to do so, according to the first round of transparency reports to be submitted to the UN every two years.
Read MoreRepublican states, oil major petition SCOTUS in fossil fuel lawsuits
A group of Republican-led states and a global oil major continued their fight against separate lawsuits looking to hold fossil fuel companies financially liable for the effects of climate change in briefs submitted in December to the US Supreme Court (SCOTUS).
Read MoreAppeals court rejects power producer’s Washington cap-and-trade challenge
An appeals court on Tuesday ruled against a power producer’s challenge to free allowance provisions under Washington’s cap-and-trade programme, rejecting the petitioner’s argument that no-cost allowance provisions under the scheme were discriminatory.
Read MoreResearchers propose framework for social considerations in urban NBS project selection, siting
Academics from universities across the globe outlined in a paper published earlier this month a methodological framework they said can guide the optimal selection and siting of nature-based solutions (NBS) projects in urban contexts by incorporating social and other considerations.
Read MoreCanada publishes new proposed environmental claims guidelines
The Canadian government published Monday new proposed guidelines intended to help businesses determine whether their environmental claims are compliant with national law.
Read MoreRGGI Market: RGAs hold above $23 ahead as holiday lull starts to set in
RGGI allowances (RGAs) continued to hold above the $23 threshold as market activity dampened heading into the holiday season.
Read MoreCalifornia power emissions drop in November as renewables and natural gas recede, imports climb
California electricity sector emissions fell year-on-year (YoY) in November as the share of generation from renewables and natural gas decreased while imports increased, data published Thursday by the state’s grid operator showed.
Read MoreNew Mexico releases draft rules for clean transportation fuel programme
The New Mexico Environment Department (NMED) released Thursday a discussion draft of its future Clean Transportation Fuel Standard (CTFS), inviting public comments until mid-January.
Read MoreWCI Q1 auction sees allowances drop after Q4 rise
The California-Quebec joint WCI auction in February will offer a lower volume of allowances in the first quarterly allowance sale of 2025 than it did in the last of this year, according to a Friday notice from California regulator ARB.
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