Air Canada and Lufthansa look to bolster their green aviation credentials
Air Canada on Thursday firmed up plans to purchase durable carbon removal credits, while Germany’s national carrier announced a scaling up of its voluntary climate offering for passengers.
Read MoreCarbon credit registry launches new US forest project methodology
A methodology for protecting US forests at risk from other land uses like real estate, mining, and agriculture has been announced by carbon credit registry in collaboration with a forest carbon firm.
Read MoreFirst ever carbon mineralisation at active mine now fully funded
A Canadian province announced funding for a carbon removal mineralisation company, allowing the world’s first CO2-to-rock project at an active mine to go ahead in Australia on Wednesday.
Read MoreCOP28: Canada silent on oil and gas cap, pushing for coal phaseout
Canada’s priorities for negotiations at COP28 in Dubai will include finalising a loss and damages fund, encouraging a strong response to the Global Stocktake, and pushing for a coal phaseout, but representatives won’t comment on the country’s planned oil and gas emissions limit until Friday.
Read MoreAmazon, the company, steps up investment in Amazon, the rainforest
US tech giant Amazon is increasing its investment in the vast rainforest after which it is named through two new agroforestry projects, in an effort to meet its 2040 net zero pledge and promote projects that meet a new standard, company representatives told Carbon Pulse on Wednesday.
Read MoreAlberta announces 12% CCUS tax credit, partially funded by TIER
The government of Alberta will provide energy, building, and chemical industries with a 12% incentive tax credit for new eligible capital project costs on carbon capture, utilisation, and storage (CCUS) operations, funded in part by its emissions trading system, the province announced Tuesday.
Read MoreRGGI Market: RGAs drop below Cost Containment Reserve trigger levels on rolling positions
RGGI allowances (RGAs) tied a record settlement price for the benchmark contract this week before sinking significantly as traders rolled their position to next year, with the vast majority of trades being spreads over the past five days.
Read MorePharma giant, nutrition firm launch regenerative programme in Brazil
A pharmaceutical and biotech giant as well as a nutrition company launched a regenerative agriculture programme to improve soil health and productivity in Brazil on the same day Brazilian President Lula da Silva is expected to announce the country’s restorative pastureland policy.
Read MoreVoluntary registry announces US and Canadian biochar protocol comment period
A voluntary carbon market registry announced Wednesday a public comment period for a US and Canadian biochar protocol that will provide guidance on how to quantify, monitor, report, and verify emissions reductions from the production and use of biochar.
Read MoreUPDATE – Pennsylvania governor will appeal RGGI court ruling, but experts warn of “uphill climb”
The legal battle over whether Pennsylvania can join RGGI through executive action will continue, following an appeal from Governor Josh Shapiro (D) of a Nov. 1 Commonwealth Court ruling that blocked the state’s regulations.
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