Report suggests governments cease support for carbon capture, hydrogen after $30 bln wastage
Governments across the globe have wasted $30 billion supporting carbon capture and hydrogen projects and should cease support for these ‘ineffective’ technologies, according to an advocacy group.
Read MoreOil giant invests $100 mln into US forestry carbon projects
A global oil major announced Friday a $100 million agreement with two US firms to support improved forest management (IFM) carbon crediting projects across multiple states.
Read MoreUS ag tech firm announces $10 mln Series A raise
A US-based agricultural technology firm that quantifies soil carbon announced Thursday the completion of an initial close of $10 million in Series A investment.
Read MoreBrazil development bank approves nearly $29 mln for Amazon reforestation
A Brazilian project developer has received R$160 million ($28.8 mln) in financing from the country’s national development bank to support reforestation projects in the Amazon.
Read MoreUS awards further $15 mln for small landowner access to climate markets
A US federal department announced Wednesday that it is awarding $15 million to nine projects aimed at helping under-served and small-acreage landowners to access emerging climate markets.
Read MoreNew York Republicans propose postponing state emission reduction targets by a decade
The New York GOP unveiled a proposal Friday to delay emissions reduction targets under the state’s climate law, arguing more time is needed for clean energy projects to develop at affordable rates.
Read MoreBrazil opens over $1 bln in funding for sustainable aviation, maritime fuel projects
Two public authorities in Brazil launched last week a R$6 billion ($1.1 bln) joint call providing R$6.6 billion ($1.1 bln) in funding for sustainable aviation fuel (SAF) and maritime biofuel projects.
Read MoreRGGI Market: RGAs reverse from record highs ahead of Q3 auction
RGGI allowance (RGA) prices on the secondary market peaked at a new all-time high early last week before dropping off on heightened volumes ahead of the upcoming Q3 auction.
Read MoreUS-led initiative outlines how corporates can decarbonise value chains
A US-led carbon crediting programme published a brief last week detailing how its credits can be used in corporate climate strategies.
Read MoreDemocratic state AGs defend fossil fuel lawsuits from Republican challenge
A group of attorneys general (AGs) from Democrat-led states filed a brief Wednesday in the US Supreme Court (SCOTUS) defending their lawsuits to hold fossil fuel producers responsible for the effects of climate change.
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