US DOE releases first blueprint for decarbonising national building sector
The US Department of Energy (DOE) has unveiled its first federal strategy for decarbonising the buildings sector, intended to reduce related greenhouse gas (GHG) emissions 65% by 2035 and 90% by 2050.
Read MoreRGGI confirms near-universal compliance in fifth control period, as RGA prices drop
RGGI confirmed near-universal compliance for the fifth three-year compliance period of the regional power sector cap-and-trade scheme, while RGGI allowance (RGA) prices dipped considerably in an unrelated development, correcting from historic highs in the face of continued lack of Program Review news.
Read MoreBrazilian steelmaker sells 15,000 biochar carbon credits to California-based removals marketplace
The bioenergy division of a Brazil-based steelmaker has sold a San Francisco-headquartered carbon removals marketplace 15,000 tonnes of biochar credits so far in 2024, they said Tuesday.
Read MoreCanadian conservation groups urge federal govt to address forestry, logging gap in GHG emissions review
Eleven Canadian conservation groups have urged federal government ministries to include logging and forestry emissions in an ongoing review of national greenhouse gas accounting practices.
Read MoreWashington Clean Fuel Standard ramps up credit surplus in Q3
The Washington Clean Fuel Standard (CFS) saw its credit surplus more than double in the third quarter of 2023, as ethanol and renewable diesel represented the largest sources of credit generation, according to recently published and updated state data.
Read MorePennsylvania House GOP unveils energy counterproposal to Shapiro’s cap-and-trade
Republican members of the Pennsylvania House of Representatives unveiled last week a series of bills they say are intended to promote energy affordability and serve as a counterproposal to Governor Josh Shapiro’s (D) energy transition plans that include the implementation of a cap-and-trade system to replace the state’s participation in RGGI.
Read MoreWashington to offer higher current year volume at Q2 auction in June
Washington state’s Department of Ecology (ECY) will offer a higher number of current year volumes at its quarterly carbon allowance auction in June, as well as a smaller amount of future vintage allowances, according to a notice published by the agency Friday.
Read MoreCanadian project developer buys 25,000 tonnes of BECCS removals credits from UK energy firm
A UK energy firm announced Thursday that it has reached a five-year agreement for the sale of 25,000 tonnes of bioenergy with carbon capture and storage (BECCS) credits to a Calgary-headquartered project developer at $350/tonne, according to a Thursday press release.
Read MoreCanadian carbon removal company partners with US startup for DAC deployment
A Montreal-based carbon removal company announced Thursday a partnership with a Los Angeles-headquartered direct air capture (DAC) firm to further deploy the emerging technology in Canada.
Read MoreCalifornia ARB offset issuance ticks up again, but remains behind 2023 levels
California regulator ARB has issued the highest number of compliance-grade offsets so far this year, although year-to-date totals continue to lag behind 2023, data published by the agency Wednesday showed.
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