Massachusetts GWSA emissions reach record low in Q3

Published 23:18 on November 2, 2023  /  Last updated at 23:38 on November 2, 2023  / /  Americas, US

Third quarter emissions under the Massachusetts Global Warming Solutions Act (GWSA) maintained a trend of historic lows shown throughout the year so far, according to data updated this week.

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US Senators propose bill to tax imports from high-emitting countries

Published 16:42 on November 2, 2023  /  Last updated at 14:01 on November 5, 2023  / /  Americas, Asia Pacific, Carbon Taxes, CBAM, China, International, US

A pair of US Republican senators introduced legislation Thursday to implement a carbon adjustment fee on imported products that result in heavy GHG pollution, a move sponsors say targets countries without comparable environmental standards, particularly China.

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RGGI emissions decline at slower pace in Q3

Published 23:13 on November 1, 2023  /  Last updated at 23:39 on November 1, 2023  / /  Americas, US

The US Northeast and Mid-Atlantic RGGI power sector cap-and-trade system saw overall CO2 emissions decline in Q3 compared to the same quarter last year, programme data published Wednesday showed.

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New research shows greater range for regional warming caused by Amazon deforestation

Published 21:14 on October 31, 2023  /  Last updated at 21:14 on October 31, 2023  / /  Americas, Nature-based, South & Central, Voluntary

New research published Monday concludes that deforestation in the Amazon has a more drastic and long-reaching warming effect on non-local land surfaces than previously known, suggesting an even greater importance for forestry projects located in the world’s largest rainforest.

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RGGI Market: RGAs inch past all-time highs on nearly three-month low volumes

Published 20:07 on October 30, 2023  /  Last updated at 20:45 on October 30, 2023  / /  Americas, US

RGGI allowances (RGAs) crossed a record settlement price during the week, despite relative sluggishness in the market and concerns over the availability of renewable energy sources moving forward, as participants continue to await programme updates.

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Chevron acquisition of US oil company won’t affect $750 mln carbon credit deal -Guyana VP

Published 17:03 on October 27, 2023  /  Last updated at 17:10 on October 27, 2023  / /  Americas, Nature-based, South & Central, US, Voluntary

The $750-million dollar deal between New York-headquartered Hess and the Guyanese government for the purchase of tens of millions of avoided deforestation carbon credits will not be affected by the former’s acquisition at the hands of the global energy giant, Guyana’s vice president said Thursday.

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US govt announces $36 mln for development of marine CO2 removal methods

Published 19:48 on October 26, 2023  /  Last updated at 20:18 on October 26, 2023  / /  Americas, US, Voluntary

The US Department of Energy (DOE) announced Thursday the allocation of $36 million for 11 marine CO2 removal (mCDR) projects across the country, as the agency expands its support for advancement of the nascent technology.

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US-based voluntary carbon market platform adds removals to its portfolio offerings

Published 18:26 on October 26, 2023  /  Last updated at 18:31 on October 26, 2023  / /  Americas, Nature-based, US, Voluntary

A California-headquartered carbon solutions provider announced Thursday that it will offer clients access to carbon removal credits based on an array of project types in the latest version of its signature product.

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Canadian carbon project developer forms partnership to address emissions affecting Indigenous territories

Published 23:46 on October 25, 2023  /  Last updated at 23:46 on October 25, 2023  / /  Americas, Canada, Voluntary

A Calgary-based carbon project developer announced Wednesday a partnership with a community development organisation and an ESG-specialised consultancy to provide emission offset solutions and explore CO2 removal options in ways that benefit Indigenous communities.

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Brazil agricultural association pushes for Article 6.4 recognition of forestry carbon credits at COP28

Published 21:09 on October 25, 2023  /  Last updated at 21:09 on October 25, 2023  / /  Americas, Climate Talks, International, Nature-based, Paris Article 6, South & Central, Voluntary

Nations gathered at the COP28 UN climate summit next month should include carbon credits from forestry-based activities in the final rules for the Article 6.4 successor mechanism to the Kyoto Protocol, a Brazilian agriculture lobby group said in recommendations to the federal government Wednesday.

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