CF NORTH AMERICA: Canadian carbon offset fund announces RFP towards first Quebec project
A Montreal-based fund that develops carbon offsets announced Tuesday a request for proposal (RFP) for its first project in Quebec at the Carbon Forward North America conference.
Read MoreVerra suspends registry account linked to Brazilian carbon credit fraud investigation
Verra has suspended a registry account linked to three projects that are reportedly the subject of a fraud probe launched by the Brazilian Federal Police (PF) last week.
Read MoreNew York Senate approves Clean Fuel Standard bill, proposal in limbo again
The New York State Senate approved Friday a bill seeking to establish a Clean Fuel Standard (CFS), but the proposal once again failed to clear both chambers ahead of the end of the legislative session.
Read MoreClimate superfund legislation passes New York legislature, awaits governor’s signature
The New York State assembly passed Friday a bill establishing a climate change adaptation fund to be financed by fossil fuel companies, which now awaits Governor Kathy Hochul’s (D) signature to become law.
Read MoreBritish Columbia details stakeholder concerns with CCS offset protocol
The environmental ministry of British Columbia (BC) has released stakeholder feedback on its draft carbon capture and sequestration (CCS) offset protocol that detailed concerns around monitoring periods and leak detection, project eligibility, crediting and stabilisation periods, quantification and verification, and additionality.
Read MoreBrazilian federal police launch effort against alleged criminal carbon offsetting operation
The Brazilian Federal Police (PF) launched an operation Wednesday that aims to dismantle an unidentified criminal group suspected of selling around R$180 million ($34 mln) in carbon credits from illegally authorised lands, according to a government press release.
Read MoreFiscal pressures could open opportunity for US carbon pricing deal, experts say
Experts debated at two panels Tuesday on whether increasing fiscal and climate pressures would be enough to facilitate a future bipartisan agreement in the US on some form of national carbon price.
Read MorePREVIEW: Market expects record RGGI Q2 auction clear, but still at discount to front-month futures
Market participants expect the second RGGI auction of the year to set another historic clearance price, albeit at a discount to secondary market valuations, with many traders projecting a wide range of outcomes in light of regulatory uncertainty in the market.
Read MoreRGGI Market: RGAs retreat from record highs on low volumes ahead of Q2 auction
RGGI allowances (RGAs) reached an all-time high last Wednesday before tailing off at the end of the week, as market participants largely look to the upcoming second auction of the year despite expressing varying degrees of confidence in recent historic prices.
Read MorePREVIEW: Mexican presidential candidates offer options towards national decarbonisation
Candidates in Mexico’s presidential election – to be held this Sunday – have presented differing approaches to ramping up the country’s climate ambitions.
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