Canadian offset project financier rakes in $11.2 mln from Rwandan, Vietnamese projects
A Toronto-headquartered carbon project financier announced Thursday that it has received $11.2 million from the sale of carbon credits from its Vietnamese household device and Rwandan cookstove projects.
Read MoreUS DOE gives out $44 mln towards geologic CO2 storage
The US Department of Energy (DOE) announced Thursday it is allocating $44.5 million in funding towards nine university- and industry-led projects to advance knowledge of the potential of geologic basins to permanently store CO2 emissions.
Read MoreUS Democratic lawmaker introduces legislation to encourage Scope 3 disclosures
Congressman Adam Schiff (D) of California on Wednesday introduced a bill that would direct the US Environmental Protection Agency (EPA) to establish voluntary guidelines for companies to disclose their Scope 3 emissions, seeking to promote transparency on corporate carbon footprints.
Read MoreUS blockchain firm expands carbon platform services with first South American franchises
A US blockchain environmental registry announced Wednesday the opening of franchises in Argentina and Paraguay.
Read MorePollination partners with forestry nonprofit subsidiary to support ARR carbon projects
The London-headquartered investment and advisory firm and a US-based subsidiary of a forestry-focused nonprofit will partner to identify suitable afforestation, reforestation, and revegetation (ARR) projects for carbon credits.
Read MoreBill Gates-founded climate investment firm pulls in $839 mln for new fund
A sustainable investments firm founded by Bill Gates has raised $839.4 million, according to recent US Securities and Exchange Commission (SEC) filings, which will go to a new fund focused on climate.
Read MoreColorado firm successfully demonstrates 1,000 hours of cryogenic CCS
A Colorado company announced last week that it has successfully completed 1,000 hours of testing for its cryogenic point-source carbon capture and storage (CCS) system that removes CO2 from flue gas before its release into the atmosphere.
Read MoreCanadian timber company says it sold 600,000 voluntary carbon credits in Q2 for C$19.7 mln
A New Brunswick-based timber company announced in Q2 financial results last week that it sold 600,000 credits from a Maine improved forest management (IFM) project for C$19.7 million ($14.3 mln), adding that it plans to continue its involvement in the voluntary carbon market (VCM) moving forward.
Read MoreRGGI Market: RGAs return from record highs as market faces looming reversal
RGGI allowance (RGA) prices retreated over the last week from all-time highs, with market observers saying that signs point to a looming return to lower price ranges after valuations on the secondary market have entered historic levels recently.
Read MoreCanadian carbon offset developer postpones London listing, citing market conditions
A Vancouver-based offset project developer announced Friday that it will delay its dual listing on the London AIM exchange until “market conditions in [the] UK and Canada improve”, while affirming its commitment to the process.
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