Former FERC chairman joins board of California-based carbon removal company

Published 15:29 on March 27, 2024  /  Last updated at 15:29 on March 27, 2024  / /  Americas, Bavardage, US, Voluntary

A former chairman of the Federal Energy Regulatory Commission (FERC) has joined the board of a Los Angeles-headquartered carbon removal company that specialises in direct air capture (DAC) technology.

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Georgia-based direct air capture company launches, looks to scale tech

Published 19:56 on March 26, 2024  /  Last updated at 19:56 on March 26, 2024  / /  Americas, US, Voluntary

An Atlanta-based direct air capture (DAC) company announced its official launch Tuesday, aiming to provide an economically advantageous way to remove CO2 at large scale.

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California again achieves record-low emissions in February, as natural gas sees its role recede

Published 17:41 on March 26, 2024  /  Last updated at 17:07 on May 2, 2024  / /  Americas, Canada, US

California electricity sector emissions continued to fall to record lows in February, as natural gas retreated from its historically high share of the state’s energy supply it has held in recent months, data published Friday showed.

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UK-registered carbon insurer unveils enhanced rock weathering product

Published 15:10 on March 26, 2024  /  Last updated at 15:10 on March 26, 2024  / /  EMEA, Nature-based, Voluntary

A London-headquartered carbon insurance company has unveiled the expansion of its offering to covered voluntary enhanced rock weathering (ERW) projects.

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US DOE announces $6 bln for annual industrial decarbonisation of 14 Mt

Published 18:48 on March 25, 2024  /  Last updated at 18:48 on March 25, 2024  / /  Americas, US

The US Department of Energy (DOE) announced Monday up to $6 billion in funding for industrial decarbonisation projects across multiple states, which the agency said collectively are expected to slash emissions by 14 million tonnes annually and facilitate wider adoption of carbon-cutting technologies.

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California fuel sales fall again in December, diesel declines as emissions fall on year

Published 06:34 on March 22, 2024  /  Last updated at 06:34 on March 22, 2024  / /  Americas, US

California gasoline sales and emissions trailed 2022 levels for the fourth month in a row in December, while diesel reversed course and also declined and total transportation emissions fell overall on the year, state data published Thursday showed.

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Permitting process, public communication should improve to advance CCS, CDR -panel

Published 03:36 on March 21, 2024  /  Last updated at 03:36 on March 21, 2024  / /  Americas, US, Voluntary

Faster permitting processes and more effective public communication are vital to scaling up and accelerating carbon capture and storage (CCS) and CO2 removal (CDR) technologies, conference attendees heard from an expert panel Wednesday.

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Pennsylvania legislators announce bill for state cap-and-trade replacing RGGI

Published 02:55 on March 21, 2024  /  Last updated at 02:55 on March 21, 2024  / /  Americas, US

A pair of Democratic lawmakers in Pennsylvania announced legislation Wednesday for the establishment of a power sector cap-and-trade programme to replace the state’s participation in RGGI, although fierce Republican resistance in the divided legislature is expected.

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National Mexican ETS regulations not expected during current presidency, expert says

Published 01:34 on March 21, 2024  /  Last updated at 01:34 on March 21, 2024  / /  Americas, Carbon Taxes, Mexico

An already delayed proposal for a national cap-and-trade system in Mexico will likely not see concrete regulations put forth until a new presidential administration takes over in October, an expert told conference attendees Wednesday.

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Draft Mexican VCM regulation poses “nearly zero” risk to developers -lawyer

Published 02:19 on March 20, 2024  /  Last updated at 02:19 on March 20, 2024  / /  Americas, Mexico, Nature-based, Voluntary

The draft regulation for the national voluntary carbon market (VCM) in Mexico poses “nearly zero” risk to project developers in its current form due to deep structural issues, a conference heard from a legal expert Tuesday.

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