US rating agency partners with offset platform to launch “highly-rated” carbon credit portfolio
A carbon offset buyer platform will offer a portfolio of credits vetted by a ratings agency to be “highly-rated” as part of a newly formed partnership announced Wednesday.
Read MoreRGGI Markets: Compliance demand holds benchmark prices north of $20
Compliance entities continue to support RGGI allowance prices even as transaction volumes in the secondary market declined through the week, with participants reporting lower snow levels likely impacting imported hydro power.
Read MoreUPDATE – Potential market rules worry traders as allowances sell off on release of ARB workshop slidedeck
California regulator ARB will discuss potential changes to market rules surrounding corporate disclosures and holding limits in their public rulemaking cap-and-trade workshop scheduled Tuesday, according to a slidedeck posted Monday that sparked a sell-off in the secondary market as traders were disappointed over the lack of clarity on where proposed emissions cap adjustments would originate from and cost containment Tier level changes.
Read MoreApple employs suite of tools to reduce emissions, adopts offsets as “interim” solution
En route to carbon neutrality at the end of the decade, US tech giant Apple plans to offset 25% of emissions across its value chain with voluntary carbon credits, it said in a progress report released Thursday.
Read MoreOregon explores clean fuels programme amendments amid CI modelling delay
The Department of Environmental Quality (DEQ) is delayed in updating its carbon intensity (CI) model adjustments for Oregon’s Clean Fuels Program (OCFP), but staff targets rulemaking completion towards the original planned date, a webinar heard Wednesday.
Read MoreUS DOE picks finalists for $1.5 mln DAC innovation award
The US Department of Energy (DOE) announced Wednesday recipients selected for $1.5 million in prize money among several ongoing competitions to develop commercial-ready CO2 direct air capture (DAC) technologies.
Read MoreUS carbon developer sells first forest credits for $34 apiece
A New York-based developer of nature-based carbon projects announced on Wednesday the sale of its first batch of Improved Forest Management (IFM) offsets for $34 each.
Read MoreCalifornia and Norway sign MoU collaborating on renewable energy, decarbonisation
The Memorandum of Understanding (MoU) between California and Norway signed Tuesday, establishes a framework of voluntary cooperation on areas including clean energy, zero-emission transportation and ports, carbon removal, and climate-smart agriculture.
Read MoreBrazilian bank allocates R$98 mln from Amazon Fund to combat deforestation
A Brazilian state will receive funding from the country’s development bank that manages the Amazon Fund to address illegal deforestation and forest degradation, according to a press release.
Read MoreEmissions reduction technology firm signs agreement with SAF, biodiesel producers in Spain
A new biofuels plant in Spain will utilise industrial hydrotreating technology to reduce emissions in the production of sustainable aviation fuel (SAF) and biodiesel, the companies announced Tuesday.
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