New York announces largest-ever investment in renewable energy by US state
New York announced Tuesday that 25 projects will be granted awards to promote the development of offshore wind and other forms of renewable energy, in a move that seeks to revitalise developers struggling under economic pressures and protect the state’s climate goals.
Read MoreCalifornia power emissions accelerate year-on-year decline in September
California electricity sector CO2 year-on-year output decreased at an even faster pace during September, reaching a ten-year low for the month as shares of renewable energy and hydroelectricity continued to build on their 2022 levels, according to data published Monday.
Read MoreFinancial, methodological barriers preventing rural sector participation in US voluntary carbon market -govt report
Numerous obstacles are currently preventing US agriculture and forestry sector stakeholders from participating in the voluntary carbon market, though the federal government can take several steps to support the development of the space, according to a Department of Agriculture (USDA) report published Monday.
Read MoreEmitters continue to build V23 CCA, RGA holdings while financials roll positions onto V24s
Compliance entities continued the trend over the last month of growing V23 California Carbon Allowance (CCA) and RGGI Allowance (RGA) holdings while reducing V24 net length, as speculators continued to build V24 net positions, US Commodity Futures Trading Commission (CFTC) data showed Friday.
Read MoreCanadian non-profit allocates C$3 mln to support carbon management tech from British Columbia
A Vancouver-based organisation announced Thursday that it will provide C$2.8 million ($2.05 mln) in non-dilutive funding to help develop commercial pathways for measurement, monitoring, and verification (MMV) of carbon management solutions originating from British Columbia.
Read MoreVerra halts credits issuance, launches investigation into Kariba REDD+ project after latest allegations
Carbon credits standard body Verra announced Tuesday that it will initiate an investigation into the Kariba REDD+ project and put it on hold following the publication of another investigative article that details new accusations of trophy hunting and financial malpractice in connection with the Zimbabwean project.
Read MoreCanadian carbon capture firm partners with British tech company for CCUS project development
A Vancouver-headquartered carbon removal solutions provider and UK-based CO2 management technology firm announced Tuesday a partnership to eventually deploy large-scale carbon capture, utilisation, and storage (CCUS) projects globally.
Read MoreRGGI Market: RGA stagnation reigns as market outlook remains murky
RGGI Allowances (RGAs) held steady once again over the week amid a continued dearth of volatility, with market participants reporting uncertainty from numerous directions, though they expressed a split over whether a pre-Q4 auction lull was hindering further gains.
Read MoreVerra introduces new retirement reason for carbon credits within its registry
Carbon credit standards body Verra announced Thursday that it is introducing a “corporate emissions inventory accounting” option as an interim measure to increase transparency and reduce the risk of double counting.
Read MoreINTERVIEW: First Brazil-based carbon credit certifier seeks to fill market gap by adapting to national context
Officials from Brazil’s first homegrown carbon offset standards body will bring in smaller landowners and promote conservation across the country by reducing the significant time and costs involved in applying for credit certification.
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