Argentine digital logistics platform to offset emissions via green bonds
An Argentine digital logistics platform that specialises in truck fleet management for the logistics industry has announced the launch of a programme to provide its customers with the chance to offset their greenhouse gas (GHG) emissions through green bonds free of charge, according to a LinkedIn post.
Read MoreNorth American carbon market traders once again grow V24 holdings across WCI, RGGI
For the second week in a row, regulated parties and speculators both built on their net holdings of California Carbon Allowances (CCAs) and RGGI allowances (RGAs) as the new year began, while the US Commodities Futures Trading Commission (CFTC) again did not report Washington allowance (WCAs) holdings, data published Friday showed.
Read MoreWCI Markets: CCAs rally late in week, WCA sluggishness persists post holidays
California Carbon Allowances (CCAs) plateaued and dipped early during the week following the holiday season before rallying late to near-record highs, while Washington Carbon Allowances (WCAs) declined slightly as the market continues to largely languish in stagnation, market participants told Carbon Pulse.
Read MoreNew Argentine president includes provisions for national cap-and-trade system in overhaul efforts
Freshly inaugurated President of Argentina Javier Milei last week included provisions for a national cap-and-trade system in an omnibus reform bill put forth to Congress, reinforcing the country’s previous commitment to implementing a carbon market despite Milei’s history of fiery anti-climate change rhetoric and anti-regulation ideology.
Read MoreBrazil cap-and-trade bill passes lower chamber, to return to senate
The Brazilian Chamber of Deputies on Thursday evening passed a bill establishing a national cap-and-trade programme, though the legislation will now head back to the senate after undergoing a number of changes.
Read MoreWashington issues first carbon offsets for state cap-and-invest programme
The Washington Department of Ecology (ECY) on Wednesday issued the first carbon offsets under the state’s cap-and-invest programme, awarding them to two projects that collected and destroyed refrigerant gases.
Read MoreNew York releases preliminary cap-and-invest programme outline, affordability study
The New York State Department of Environmental Conservation (DEC) and the New York State Energy Research and Development Authority (NYSERDA) published two key documents Wednesday as part of the development of the state’s upcoming cap-and-invest programme, dubbed NYCI, which the agencies say will help inform stakeholders to provide feedback for the development of full draft regulations.
Read MoreUS tech giant signs 15-year agreement with removals developer for afforestation carbon credits
A US technology behemoth and a New York-headquartered project developer have signed a 15-year offtake agreement that will eventually equate to millions of tonnes of CO2 removed, they announced on Wednesday, in the latest in a series of moves to acquire nature-based removals credits.
Read MoreUS DOE dishes out $46 million more for CCS, announces semi-finalists for DAC award
The US Department of Energy (DOE) continued its streak of heavy investment in emissions cuts, announcing Tuesday $45.6 million in investments in carbon capture, transport, and storage, as well as semi-finalists for an award of $1 mln in direct air capture (DAC) development.
Read MoreUS government proposes “first of its kind” national old growth forest conservation plan
The US Department of Agriculture (USDA) announced Tuesday that it is proposing changes to forest management plans across all national parks and grasslands in an effort to conserve and steward old growth forests, a move hailed by environmental groups as an important first step.
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