Verra issues record 3 mln soil carbon credits to Mexican grassland project
Some 3 million carbon credits have been issued to a northern Mexico grassland restoration project after achieving verification under Verra’s Improved Land Management (VM0042) methodology, according to an announcement Wednesday.
Read MoreClimate targets relying heavily on CDR may fall short of legal duties -study
States planning to rely extensively on future carbon removal (CDR) to meet their climate targets risk falling short of international legal obligations under the Paris Agreement and customary international law, according to a peer-reviewed legal analysis published on Tuesday.
Read MoreClean energy developer accuses Exxon-controlled pipeline of blocking US Gulf Coast blue ammonia project
A clean energy project developer has accused oil and gas major ExxonMobil of using its control over the only operating CO2 pipeline on the US Gulf Coast to cut off a rival blue ammonia project and benefit Exxon’s own competing ammonia plans, according to a lawsuit filed on Monday.
Read MoreSuriname targets first ITMO carbon credit trades in Q1
Suriname expects to carry out its first trades of Internationally Transferred Mitigation Outcomes (ITMOs) in the first quarter of this year, with the initial transaction structured as a pilot involving credits generated in 2021, government officials said on Monday.
Read MoreGuyana secures ART issuance of 9.1 mln CORSIA-eligible TREES credits
Guyana has secured the issuance of more than 9 million jurisdictional REDD+ (J-REDD) carbon credits under the ART TREES certification programme, with the vintage 2023 units eligible for use under UN aviation offsetting scheme CORSIA.
Read MoreProposed federal EV fees risk cutting US uptake, raising emissions -report
Proposals to impose new federal fees on electric vehicles (EVs) could significantly reduce uptake in the US and increase transportation sector emissions over the coming decades, according to a recent analysis.
Read MoreOklahoma bill would require landowner approval for wind, data centre, CCS projects
An Oklahoma lawmaker has introduced legislation that would require certain energy, infrastructure, and industrial projects to receive approval from affected landowners before state or local authorities could issue permits or authorisations.
Read MoreParliamentary committee releases report finding climate risks, misalignment in Canada’s financial system
Canada’s federal financial system should better reflect the country’s climate and biodiversity commitments, and address gaps in disclosure, transition planning, and oversight, which could leave the economy exposed to climate-related risks, according to a parliamentary environment committee.
Read MoreAlberta should focus on renewables, electrification over carbon capture in decarbonisation push, advocacy group says
Alberta should decarbonise its energy system by expanding renewable electricity, electrifying buildings, transport, and industry, and cutting overall energy demand, rather than relying on carbon capture or hydrogen, according to a Tuesday report.
Read MoreNetherlands violated human rights in Bonaire by failing to address climate change, court rules
A Hague court ruled on Wednesday that the Netherlands violated the human rights of residents of the Caribbean island of Bonaire by failing to take sufficient measures to protect them from the effects of climate change.
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