New York asset management firm launches $25 mln carbon credit fund
A New York City-headquartered asset management firm has launched a $25 million fund to offer individual investors access to early-stage carbon projects.
Read MoreCanada awards $15 mln globally for sustainable forestry projects
The Canadian government has awarded C$20.6 million ($15.4 mln) to 31 projects across the globe aimed at promoting sustainable forestry.
Read MoreCFTC: Shift to V25 CCAs extends, traders reduce RGGI exposure
An ongoing build-up of V25 California Carbon Allowance (CCA) holdings comes at the expense of V24s, while RGGI traders reduce exposure as allowance prices in the secondary market decline from summer peaks, according to this week’s data released Friday from the US Commodity Futures Trading Commission (CFTC).
Read MoreBrazil’s Amazonas REDD+ recommendation to suspend activities halted as prosecutors defend effort
Brazil’s Federal Public Prosecutor’s Office (MPF) recommendation to suspend REDD+ activities in the state of Amazonas has been temporarily halted by an oversight committee despite MPF objections.
Read MoreUS DOE awards $17 mln to state and local governments for clean energy
The US Department of Energy (DOE) announced Wednesday that it is awarding nearly $17 million to 23 state and local governments to support clean energy projects and programmes.
Read MoreUS Senators propose to include mine methane capture in federal CCS tax credits
A bipartisan pair of US senators introduced legislation Wednesday to make mine methane capture efforts eligible under 45Q tax credits for carbon capture and storage (CCS).
Read MoreSpanish engineering, liquid logistics firms reach CCS service agreement
Two Madrid-based companies announced an agreement Tuesday to provide carbon capture, transport, and storage services to large industrial customers.
Read MoreUS FERC dismisses complaint Dominion overcharged for RGGI costs
The US Federal Energy Regulatory Commission (FERC) has dismissed a complaint from the Virginia Municipal Electric Association (VMEA) that Dominion Energy improperly accounted, and subsequently over-charged, for its RGGI costs.
Read MoreRGGI Market: RGAs give back week’s gains after proposed programme updates
RGGI allowance (RGA) prices plummeted 12.4% Monday upon the release of a long-awaited programme review update from market administrator RGGI Inc., which provided modelling of an additional regional cap trajectory scenario and detailed potential expanding of the Cost Containment Reserve (CCR).
Read MoreTech giant buys 15k CDR credits from UK ERW firm
A global tech giant has bought 15,000 CO2 removal credits (CDR) in a second purchase agreement from a London-headquartered enhanced rock weathering (ERW) firm, per an announcement on Tuesday.
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