Colorado adopts nation’s first manufacturing sector emissions mitigation rules

Published 21:58 on September 26, 2023  /  Last updated at 22:02 on September 26, 2023  / Joan Pinto /  Americas, US  /  Comments Off on Colorado adopts nation’s first manufacturing sector emissions mitigation rules

After marathon deliberations, a Colorado regulatory body approved rulemaking late Friday for a market-based programme with facility-specific emission reductions from large in-state manufacturers, adopting amendments from business leaders and a longer lead time for the regulations to take effect.

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Qualitative study finds agricultural soil carbon offsets lack additionality

Published 21:53 on September 25, 2023  /  Last updated at 21:53 on September 25, 2023  / Joan Pinto /  Americas, Nature-based, US, Voluntary  /  Comments Off on Qualitative study finds agricultural soil carbon offsets lack additionality

US farmers are implementing sustainable agricultural practices irrespective of monetary incentives, and are also voicing concerns about the burdens of participating in the voluntary carbon market (VCM), according to an academic study published Monday that pointed to a resulting absence of additionality from such soil carbon projects.

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Academics once again find California forest offset protocol lacks additionality, ARB sees potential biases

Published 21:56 on September 21, 2023  /  Last updated at 21:56 on September 21, 2023  / Joan Pinto /  Americas, Canada, US  /  Comments Off on Academics once again find California forest offset protocol lacks additionality, ARB sees potential biases

Improved forest management (IFM) projects under California’s compliance offset programme may not reduce emissions as claimed, researchers said Thursday in findings that add to a growing chorus of academic literature, though state regulator ARB pointed to potential biases in the new study. 

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Partial linkage of North American carbon markets carries potential risks -experts

Published 23:13 on September 20, 2023  /  Last updated at 23:13 on September 20, 2023  / Joan Pinto /  Americas, Canada, US  /  Comments Off on Partial linkage of North American carbon markets carries potential risks -experts

Partial linkages are an option to connect North American compliance carbon markets, but carry risks for jurisdictions if fundamental aspects are not harmonised, experts said on Wednesday on the sidelines of New York Climate Week sessions.

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Canadian VER investor inks biochar offtake deal with multinational buyer

Published 18:00 on September 20, 2023  /  Last updated at 18:03 on September 20, 2023  / Joan Pinto /  Americas, Canada, Nature-based, US, Voluntary  /  Comments Off on Canadian VER investor inks biochar offtake deal with multinational buyer

A Toronto-headquartered offset financier on Wednesday announced an agreement to provide thousands of biochar removal credits to a large multinational to meet the organisation’s carbon negative target.

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Carbon removals framework to address voluntary market development impediments

Published 22:12 on September 19, 2023  /  Last updated at 22:15 on September 19, 2023  / Joan Pinto /  Nature-based, Voluntary  /  Comments Off on Carbon removals framework to address voluntary market development impediments

A coalition of developers and academics on Tuesday published a framework of guidelines for offset suppliers in the carbon removals space to address structural risks that represent barriers to scale at a recent summit.

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WCI Markets: CCAs reach new YtD high on October cap-and-trade workshop impetus

Published 17:40 on September 19, 2023  /  Last updated at 18:01 on September 19, 2023  / Joan Pinto /  Americas, Canada, US  /  Comments Off on WCI Markets: CCAs reach new YtD high on October cap-and-trade workshop impetus

California Carbon Allowance (CCA) prices briefly spiked to a new year-to-date high in early morning Tuesday trade, spurred by the mere announcement late Monday of the state’s next cap-and-trade rulemaking workshop for its WCI-linked programme.

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California’s October cap-and-trade workshop to discuss post-2030 allowance budgets

Published 23:18 on September 18, 2023  /  Last updated at 23:18 on September 18, 2023  / Joan Pinto /  Americas, Canada, US  /  Comments Off on California’s October cap-and-trade workshop to discuss post-2030 allowance budgets

California regulator ARB on Monday announced the next public workshop date to discuss potential updates to its cap-and-trade programme regulation and mandatory GHG reporting scheme, including in regards to allowance budgets after 2030.

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Brazil plans return to more stringent 2015 Paris NDC targets, installs ETS working group

Published 22:00 on September 18, 2023  /  Last updated at 22:01 on September 18, 2023  / Joan Pinto /  Americas, South & Central  /  Comments Off on Brazil plans return to more stringent 2015 Paris NDC targets, installs ETS working group

A group of government ministers have agreed to revert Brazil’s emissions cuts back to the country’s 2015 Paris pledges, and have set up several working groups to develop a more ambitious plan and implement the country’s Emissions Trading System (SBCE), among other resolutions the environment ministry announced Friday.

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Carbon portfolio bundle pilot aims to correct VCM legacy over-crediting flaw

Published 16:01 on September 18, 2023  /  Last updated at 17:29 on September 18, 2023  / Joan Pinto /  Americas, US, Voluntary  /  Comments Off on Carbon portfolio bundle pilot aims to correct VCM legacy over-crediting flaw

A US-based rating agency of voluntary carbon market (VCM) credits has piloted a portfolio product with a carbon investment fund innovator in an attempt to solve for overestimation problems in legacy low-quality offsets, the company announced in a white paper published Monday.

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