Aramco, US-based climate tech firm enter into MoU to advance DAC
Oil giant Saudi Aramco and a US-based direct air capture (DAC) developer unveiled a Memorandum of Understanding (MoU) on Friday intended to advance the nascent carbon removal (CDR) technology.
Read MoreBrazilian national civil aviation authority incorporates CORSIA into law
The board of directors of the Brazilian National Civil Aviation Agency (ANAC) unanimously approved Tuesday a resolution that incorporates the UN’s CORSIA aviation offsetting into law.
Read MoreUS appeals court upholds EPA power sector emissions rule amid Republican challenge
A US federal appeals court has denied a temporary halt to an Environmental Protection Agency (EPA) rule that mandates significant reductions in carbon emissions from existing coal-fired and new natural gas power plants.
Read MoreRural electricity cooperative files stay motion against EPA power plant regulations amidst growing challenges
A trade association representing hundreds of local electric cooperatives filed in federal court this week a motion to halt the implementation of controversial US Environmental Protection Agency (EPA) power plant emissions regulations, amidst ongoing legal challenges since the rules were published.
Read MoreOver half of ARB-approved US forest offset land at moderate to very high risk from wildfires -report
Nearly 3 million acres (1.2 mln hectares) of land involved in the California ARB forest carbon offset programme lies in areas at moderate to very high risk from wildfires, potentially endangering millions of tonnes of stored CO2, according to a report published Monday.
Read MorePara public defender targets R$20 mln fine for alleged Brazil REDD+ infractions -media
The public defender of forest-rich Brazilian state Para is targeting fines totalling R$20 million ($3.9 mln) for alleged illegal land-grabbing practices related to multiple REDD+ projects, according to local media reports.
Read MoreRGGI Market: RGAs flatline as market re-enters programme review purgatory
RGGI allowance (RGA) prices largely plateaued over the past week on lower volumes, with many market participants expecting the futures to hover around their current range in the continued absence of programme review updates, despite a general sense of bullishness.
Read MoreINTERVIEW: DAC developer launches pilot facility, plans to scale new chemical approach
A Tennessee-based direct air capture (DAC) company launched a pilot facility Wednesday, its initial deployment of an approach that the firm’s CEO told Carbon Pulse offers a more energy efficient alternative in the emerging industry.
Read MoreVirginia lawmakers poised to reach budget deal that excludes rejoining RGGI -media
Democratic lawmakers in Virginia and the state’s Republican governor reportedly reached a yet-to-be-published budget deal Thursday that is expected to exclude proposed language on rejoining the regional power sector cap-and-trade programme.
Read MoreMicrosoft finalises agreement for 3 mln removals credits from Brazilian reforestation
The US-based tech giant and a Rio de Janeiro-headquartered carbon offset developer announced Thursday an offtake agreement for 3 million tonnes worth of CO2 removal (CDR) credits from reforestation efforts focusing on Brazil’s Atlantic biome.
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