WCI Markets: ARB rulemaking update expectations drive up CCAs amidst inexplicable WCA rally
Anticipation for the next stage in ETS rulemaking lifted California Carbon Allowance (CCA) prices in the secondary market over the last five sessions, while the $10 rally over the last two weeks in Washington Carbon Allowances (WCAs) continues to confound traders.
Read MoreGlobal climate fund to invest up to $1 bln to decarbonise industry sectors in developing countries
One of the largest climate funds in the world announced on Thursday that it would invest up to $1 billion in technologies that reduce emissions from the industrial sector in developing countries.
Read MoreAustralian shipping tech developer to design CO2 tanks for bulk marine transport
Two shipping companies from Asia Pacific announced on Tuesday a collaboration to further marine transport of CO2 for long distances and large cargo volumes.
Read MoreUS dairy operators run pilot to curb methane emissions from livestock barns
A Denmark-based company announced on Tuesday a field test at a US farm to remove methane from dairy barn exhaust using a non-invasive technology.
Read MoreUS carbon refiner to support food supply chain by making protein from CO2
A US-based carbon refiner is in the process of commercialising a way to address food security issues by producing a nutrient-rich alternative to plant and animal-based proteins directly from CO2, according to a Tuesday announcement.
Read MoreNatural gas necessary bridge fuel in US grid decarbonisation, CCS not yet commercially viable -report
Natural gas will remain important to bridge the gap in energy demand for “many decades” as the US grid expects greater additions of solar and wind power, but carbon capture technology is not yet commercially competitive, according to a study published Monday by a US public policy think tank.
Read MoreUS DOE plans to fund up to $1.3 bln carbon capture projects
The US Department of Energy (DOE) plans to fund up to $1.3 billion in carbon capture and sequestration (CCS) projects, according to a Notice of Intent (NOI) issued on Friday.
Read MoreCWNYC24: BRIEFING – COP29 to encourage private sector role crucial to decarbonisation
The private sector is poised to take an increasingly important role in achieving global decarbonisation tasks, according to speakers at the New York edition of the World Climate Summit 2024 this week, in line with Climate Week NYC programming.
Read MoreWashington CFS adjustments to prioritise new methane reduction projects
The Washington Department of Ecology (ECY) wants to prioritise new methane reductions through the forthcoming Clean Fuel Standard (CFS) rulemaking, according to staff at an environmental justice webinar on Thursday.
Read MoreUPDATE – Tech giant buys 8k CDR credits, its second purchase in a week
A global tech giant has paid for the removal of 8,000 tonnes of CO2 over five years through a US-based company’s enhanced rock weathering (ERW) technology, according to an announcement on Tuesday.
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