New CDR portfolio aims to simplify corporate buying for 2030 net zero targets
A new carbon removal (CDR) portfolio launched on Thursday aims to simplify how companies source credits for 2030 net zero targets by combining multiple high-durability pathways into a single offering.
Read MoreGigatonne-scale DACCS deployment unlikely without major subsidies, stronger policy -preprint
Direct air carbon capture and storage (DACCS) is unlikely to reach gigatonne-scale deployment by mid-century without sustained, high public subsidies and stronger climate policy, a recently published preprint found.
Read MoreUS university drops carbon neutrality claim after offset-backed 2024 target -media
A US university has dropped its carbon neutrality claim after using carbon offsets to meet its 2024 target, shifting spending toward on-campus emissions reductions aligned with a 2050 net zero goal.
Read MoreDATA DIVE: Oil and gas, mining net zero strategies hinge on emissions cuts, not production change
Major oil and gas and mining companies are prioritising operational emissions reductions while providing limited clarity on capital allocation and production shifts, according to new data covering companies worth more than $2.8 trillion.
Read MoreVerra opens consultation on coal plant retirement methodology revisions
Verra opened a public consultation on proposed revisions to its methodology for the accelerated retirement of coal-fired power plants, according to a Friday announcement.
Read MoreInvestor advocacy group, academics say climate risk remains unpriced in Canadian bond market
Climate risk is not being priced at the firm level in Canadian corporate bond markets, an investor advocacy group said, pointing to research showing emissions have little impact on borrowing costs.
Read MoreVerra pushes back Scope 3 programme to align with VCS update, external standards
Verra will release the first phase of its Scope 3 Standard (S3S) Program in Q3 2026, delaying an earlier timeline as it works to align the framework with external standards and ongoing pilots, it announced on Wednesday.
Read MoreScarcity of high-quality CDR raises need for stricter, equity-based use -study
Carbon removal (CDR) should be reserved for the most difficult-to-eliminate emissions and allocated based on responsibility and capability, researchers said, arguing that misusing limited supply could undermine climate targets.
Read MoreUS EPA waives summer fuel limits, allowing nationwide E15 sales to ease supply pressures
The US EPA on Wednesday issued an emergency waiver to allow nationwide sales of higher-ethanol gasoline blends, citing “extreme and unusual fuel supply circumstances” linked to global disruptions and reduced refining capacity.
Read MoreMaryland Supreme Court rejects climate liability suits, finds claims preempted by federal law
Maryland’s highest court on Tuesday upheld the dismissal of climate liability lawsuits brought by three local governments, finding their claims against oil and gas companies are preempted by federal law and fail under state tort doctrines.
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