Canada-based VER investors accumulate smaller net losses for January-March period
A pair of Toronto-headquartered voluntary carbon credit financiers registered slimmer net losses over the first three months of the year when compared to the same period in 2022 as the firms’ revenue streams began to materialise, according to earnings reports published Monday.
Read MoreCanadian ag tech company raises C$15 mln to aid in soil carbon verification
A Montreal-based soil science firm this week announced it has netted C$15 mln ($11 mln) from investors to expand its technology that it says will help establish a reliable method to verify nature-based carbon credits.
Read MoreUS Carbon Markets and LCFS Roundup for week ending May 12, 2023
A summary of legislative, regulatory, and policy action on carbon, clean fuel standard, and clean energy markets at the US federal and subnational levels this week, including the updated status of several carbon market and climate-related California bills, and the Vermont legislature overriding a veto of a bill to draft clean heat standard regulations.
Read MoreXpansiv CBL planning to launch separate GEO contract for next CORSIA phase
ESG marketplace Xpansiv has no plans on amending the specifications of its existing CORSIA-aligned offset contract in light of UN body ICAO’s vintage decision for the next phase of the global aviation carbon credit programme, and instead intends on launching a new contract with the required changes, the company told Carbon Pulse.
Read MoreCarbon credit infrastructure firm pots $19 mln to build out supplier platform, triple headcount
A US-based application programming interface (API) on Thursday announced a $19 mln fundraise to help develop the company’s digital infrastructure for voluntary carbon markets, along with greatly expanding headcount and launching a new overseas headquarters.
Read MoreRevamped US power plant carbon regulations offer trading, CCS as compliance options
The US EPA on Thursday published a draft rulemaking to slash CO2 output from fossil-fuel fired electricity generators through means such as emissions trading and carbon capture and storage (CCS), with President Joe Biden’s administration feeling confident the proposal will fall within the Supreme Court’s restricted regulatory parameters.
Read MorePennsylvania joining RGGI would slash allowance prices and emissions, modelling says
Pennsylvania’s membership in the power sector RGGI carbon market would cause allowance values to fall significantly and yield CO2 abatement with little change in electricity prices, according to new modelling published Tuesday.
Read MoreUS financial services giant to aid carbon market investors with administration, deposit services
A US-based investment manager on Monday announced a new service to help fund owners and other financial institutions integrate compliance and voluntary carbon assets on the physical and futures markets into their portfolios.
Read MoreAlberta TIER credit prices tick up in April, as traders debate upcoming election impact
Spot carbon credit prices under Alberta’s Technology Innovation and Emissions Reduction (TIER) regime rose slightly in April, while traders had different opinions on whether the outcome of the provincial election later this month would influence the output-based pricing system (OBPS) market.
Read MoreUS Carbon Markets and LCFS Roundup for week ending May 5, 2023
A summary of legislative, regulatory, and policy action on carbon, clean fuel standard, and clean energy markets at the US federal and subnational levels this week, including rescheduled and newly scheduled hearings for California climate and cap-and-trade bills, committee approval of a bill to develop offset projects on Alaska state-owned lands, progress on a Delaware climate bill, and Vermont’s governor once again vetoing clean heat standard legislation.
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