Green groups, utilities advocate for Emissions Containment Reserve in California cap-and-trade reforms
California regulator ARB during the forthcoming cap-and-trade rulemaking should implement an Emissions Containment Reserve (ECR) to help address allowance oversupply in a predictable manner, a collection of environmental organisations, business groups, and utilities said in public comments.
Read MoreCanadian carbon credit investor seeks Nasdaq listing via merger
A Vancouver-headquartered environmental asset investor on Thursday announced it is aiming to combine with another company in order to pursue a listing on the US-based Nasdaq Stock Exchange.
Read MoreUS govt assigns $300 mln to improve GHG accounting of nature-based CO2 sequestration
The US Department of Agriculture (USDA) on Wednesday announced the federal government will disburse $300 million towards improving the measurement and verification of GHG emissions and CO2 sequestration from climate-smart agriculture and forestry.
Read MoreNorth American firms partner for ocean-based carbon removal facility
A pair of carbon capture firms on Wednesday announced they will pilot an ocean-based CO2 removal facility in Canada as they seek to validate the technology for roll-out across the country.
Read MoreBlockchain-based platform announces forward units for hemp carbon credits
A UK-based climate technology company on Wednesday revealed the availability of its first batch of forward carbon credits derived from its hemp farming methodology, with the platform imposing several buyer restrictions to foster greater internal GHG abatement.
Read MoreUS EPA implements next stage of HFC phasedown trading system
The US EPA on Tuesday issued a final rule governing the next phase of the agency’s programme to wind down the use of high global warming potential HFC gases, including the allocation methodology for giving tradable allowances to regulated entities.
Read MoreNova Scotia eschews reserve volume for final regular cap-and-trade sale
The Nova Scotia government on Monday disclosed the allowance volume on offer for the province’s last regular cap-and-trade auction next month, which unlike the previous sale does not include permits from the scheme’s reserve.
Read MoreAdvocates say New York cap-and-invest programme should scrap ceiling price, consign all free allowances
New York regulators should abandon a price ceiling in crafting their economy-wide cap-and-invest rule, while also implementing a consignment requirement for all freely distributed permits, programme advocates said Thursday.
Read MoreLCFS Markets: California prices reach 3-mth bottom as quarterly credits hit accounts, Oregon and Canada values rise
California Low Carbon Fuel Standard (LCFS) values continued to sink this week as participants were reported to have received their latest batch of quarterly credits, while clean fuel standard prices in Oregon and the new Canadian programme have climbed recently.
Read MoreUN insurers’ climate group ditches requirement to set GHG targets
A UN-convened climate alliance for insurance companies on Wednesday dropped a requirement for its members to set GHG reduction goals in line with its protocol after Republican politicians in the US lobbed anti-trust allegations at the initiative.
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