RGGI Market: RGAs soften amidst continued market uncertainty, lack of liquidity

Published 23:54 on January 27, 2025  /  Last updated at 23:54 on January 27, 2025  / and /  Americas, US

RGGI allowance (RGA) prices began to soften last week amidst ongoing uncertainty around the Third Program Review and a lack of liquidity and demand, traders said.

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CO2 pipeline developer demands recusal of South Dakota commissioner from permit review

Published 23:29 on January 24, 2025  /  Last updated at 23:29 on January 24, 2025  / /  Americas, US, Voluntary

An Iowa-based CO2 pipeline project developer filed legal action Thursday against a commissioner on the South Dakota Public Utilities Commission (PUC), demanding she be recused from reviewing the company’s permit application due to an alleged conflict of interest.

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New York awards $1.2 mln to four hydrogen R&D projects

Published 22:49 on January 23, 2025  /  Last updated at 22:49 on January 23, 2025  / /  Americas, RINs & LCFS, US

New York awarded on Thursday $1.2 million to four R&D projects to demonstrate new designs for clean hydrogen electrolysers.

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“There is still hope” for a renewables revolution, despite Trump -experts

Published 19:38 on January 23, 2025  /  Last updated at 19:38 on January 23, 2025  / and /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, South & Central, South Korea, Switzerland, US

The goal of tripling global renewable energy capacity by the end of this decade is still within reach, despite the US likely backtracking on its energy transition in the next four years, renewable energy leaders and governments said on Thursday.

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Burned areas in Brazil increase 79% in 2024, majority in the Amazon biome -monitor

Published 23:11 on January 22, 2025  /  Last updated at 23:11 on January 22, 2025  / /  Americas, Biodiversity, Nature-based, South & Central, Voluntary

More than 30.8 million hectares burned in Brazil last year, a 79% increase year-on-year (YoY) and the largest such figure since 2019, with most of this fire damage taking place in the Amazon biome, a monitor group said Wednesday.

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Vermont, oil and gas industry wrangle in fossil fuel compensation lawsuits

Published 23:55 on January 3, 2025  /  Last updated at 23:55 on January 3, 2025  / /  Americas, US

Vermont remains embroiled in a pair of lawsuits against the fossil fuel industry – a challenge to its climate superfund legislation and the other case involving the state’s pursuit of compensation from oil and gas companies.

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Several countries to use international carbon markets to achieve Paris goals, while others keep options open

Published 16:32 on January 3, 2025  /  Last updated at 16:32 on January 3, 2025  / , , , , and /  Africa, Americas, Asia Pacific, Australia, Canada, Climate Talks, EMEA, International, Mexico, Other APAC, Switzerland, Voluntary

A handful of mostly developing countries said they intend to use the Article 6 carbon markets to help finance their Paris Agreement climate plans by 2030 — or are keeping open the option to do so, according to the first round of transparency reports to be submitted to the UN every two years.

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Republican states, oil major petition SCOTUS in fossil fuel lawsuits

Published 01:32 on January 3, 2025  /  Last updated at 01:32 on January 3, 2025  / /  Americas, US

A group of Republican-led states and a global oil major continued their fight against separate lawsuits looking to hold fossil fuel companies financially liable for the effects of climate change in briefs submitted in December to the US Supreme Court (SCOTUS).

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Appeals court rejects power producer’s Washington cap-and-trade challenge

Published 23:24 on December 24, 2024  /  Last updated at 23:24 on December 24, 2024  / /  Americas, US

An appeals court on Tuesday ruled against a power producer’s challenge to free allowance provisions under Washington’s cap-and-trade programme, rejecting the petitioner’s argument that no-cost allowance provisions under the scheme were discriminatory.

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Researchers propose framework for social considerations in urban NBS project selection, siting

Published 22:04 on December 24, 2024  /  Last updated at 22:04 on December 24, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, South & Central, Voluntary

Academics from universities across the globe outlined in a paper published earlier this month a methodological framework they said can guide the optimal selection and siting of nature-based solutions (NBS) projects in urban contexts by incorporating social and other considerations.

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