More research gives further credence to notion of carbon credit buyers as corporate climate leaders
Companies that are active buyers in the voluntary carbon market (VCM) reduce their emissions quicker and have more ambitious climate strategies than those that are not, according to a study published Tuesday that reinforces previous research with similar findings.
Read MoreCanadian nature-based carbon offset developer finalises share sale, raises over C$1 mln in total
A Vancouver-headquartered carbon credit developer announced Friday the close of the final tranche of its non-brokered private placement offering, with proceeds intended in part to help expand operations in West Africa and Latin America.
Read MorePair of insurance partnerships announced to provide security to carbon credit buyers
Two partnerships for providing insurance on carbon credits were announced Thursday, with both intended to help provide financial and reputational security on transactions and scale investment in the voluntary carbon market (VCM).
Read MoreBrazilian Senate committee passes ETS legislation following deal to exempt agriculture
A Brazil Senate committee on Wednesday by a unanimous vote approved cap-and-trade legislation supported by President Luiz Inacio Lula da Silva, and in the process incorporated a number of amendments to secure agricultural sector support and enshrine a timeline for compliance obligations to begin.
Read MoreAlberta TIER market credit prices inch upwards in September, as vintage value differential grows
Spot credit prices under the Alberta Technology Innovation and Emission Reduction (TIER) programme in September edged marginally above August prices, while newer vintage units widened their premium to older-dated credits, said a report published Tuesday.
Read MoreUS direct air capture company announces refusal to take oil and gas funds
A San Francisco-based direct air capture (DAC) company on Monday revealed its principles for “high-road” CO2 removal (CDR), which include barring the use of fossil fuel revenues and raising barriers for energy industry involvement.
Read MoreEmitters pick up CCAs, RGAs as speculators trim holdings in both markets
Regulated parties picked up holdings of California Carbon Allowances (CCAs) and RGGI Allowances (RGAs) over the week as financial players moved in the opposite direction, while the roles were reversed in the third week of Washington Carbon Allowance (WCA) holdings being reported in US Commodities Futures Trading Commission (CFTC) data published Friday.
Read MoreCalifornia compliance offset issuance retreats, though exceeds 2022 levels through Q3
California took a slower pace in the issuance of compliance offsets over the last two weeks, including of those tagged with direct environmental benefits (DEBs), although it continues to distribute credits faster than last year, data from state regulator ARB published Wednesday showed.
Read MoreRGGI Market: Programme review meeting propels RGAs to all-time high above Cost Containment Reserve trigger
RGGI Allowance (RGA) prices vaulted above the 2023 Cost Containment Reserve (CCR) trigger price on Tuesday afternoon and set a new all-time high in the process, following officials from the power sector cap-and-trade programme discussing the finer points of recent modelling to tighten the scheme.
Read MoreCanadian carbon credit investor enters second streaming agreement with reforestation developer
A Toronto-based carbon financier and a US reforestation company announced Monday a second streaming agreement that will generate credits from a post-wildfire forest restoration project in California.
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