CO2 removals necessary to achieve US climate goals, but more federal support needed -report

Published 22:12 on April 10, 2024  /  Last updated at 22:12 on April 10, 2024  / /  Americas, Nature-based, US, Voluntary

The US may be a leader on CO2 removal technology (CDR), but greater federal support in driving demand, R&D, and demonstration and deployment is needed to fulfil national emissions reduction goals, a report published Wednesday found.

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US federal court upholds California’s authority to set state clean vehicle air standards

Published 01:00 on April 10, 2024  /  Last updated at 01:00 on April 10, 2024  / /  Americas, US

A Washington DC federal court ruled Tuesday in favour of defendants of a Clean Air Act (CAA) waiver to California, reinforcing the state’s longstanding authority to set its own standards that are stricter than those at the federal level.

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US environmental group, energy firm strike “landmark” community benefits agreement for CO2 pipeline

Published 00:11 on April 10, 2024  /  Last updated at 00:11 on April 10, 2024  / /  Americas, RINs & LCFS, US, Voluntary

A Colorado-based energy firm and a Nebraska environmental group announced a “landmark” community benefits agreement on Tuesday that ensures a proposed CO2 pipeline can proceed unopposed, setting a precedent for similar projects dealing with local opposition.

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Illinois energy subsidiary tamps down CO2 pipeline capacity in wake of public opposition

Published 00:16 on April 9, 2024  /  Last updated at 00:16 on April 9, 2024  / /  Americas, US, Voluntary

A subsidiary of an Illinois energy firm has announced plans to reduce the capacity of a proposed CO2 pipeline by roughly a third following public backlash, according to recent testimony.

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Canadian project financier receives first correspondingly-adjusted, Article 6 authorised carbon credits from Verra

Published 23:48 on April 8, 2024  /  Last updated at 11:06 on April 9, 2024  / /  Africa, Americas, Canada, EMEA, International, Paris Article 6, Voluntary

A Toronto-headquartered carbon project financier announced Monday that it has received the first-ever correspondingly-adjusted and Article 6 authorised credits from standards body Verra.

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WCI compliance instrument surplus continues to expand through Q1 2024

Published 23:38 on April 5, 2024  /  Last updated at 23:38 on April 5, 2024  / /  Americas, Canada, US

The WCI compliance instrument surplus continued to build in Q1 as the market entered the final year of the fourth trading period, government data published Thursday showed.

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Panelists agree on need for more US federal regulation of VCM, but split on extent

Published 01:47 on April 5, 2024  /  Last updated at 01:47 on April 5, 2024  / /  Americas, US, Voluntary

A panel of experts agreed on the need for increased federal regulation of the relatively young voluntary carbon market (VCM), but expressed different views on how and to what extent US authorities should tackle the VCM, in a webinar Thursday.

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UNFCCC calls for Brazil to improve accuracy of REDD+ reporting

Published 23:55 on April 4, 2024  /  Last updated at 00:50 on April 5, 2024  / /  Americas, International, Nature-based, South & Central, Voluntary

Experts at the UNFCCC have completed technical checks on Brazil’s higher submission of avoided emissions from forestry protection, recommending several improvements in the accuracy of REDD+ reporting, including mapping tree cover every two years.

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Canadian carbon removal company adds Dutch DAC firm to growing roster of partners

Published 20:14 on April 4, 2024  /  Last updated at 17:55 on April 5, 2024  / /  Americas, Canada, EMEA, Voluntary

A Montreal-headquartered carbon removal company announced Thursday that it will deploy a direct air capture (DAC) unit from an Amsterdam-based firm to scale the emerging technology in Canada.

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Canadian agricultural carbon credit project first to get approval from US-based registry

Published 19:43 on April 3, 2024  /  Last updated at 19:43 on April 3, 2024  / /  Americas, Canada, Nature-based, US, Voluntary

A regenerative agriculture project from a Saskatchewan-based carbon credit origination and streaming company was the first to receive approval by a nascent New York-headquartered registry, according to a statement released on Wednesday.

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