Canada finalises first-in-the-nation refrigerant offset protocol
The Canadian government on Friday published a refrigerant carbon credit protocol that will apply nationwide under the federal offset system, as it unveiled further details of other methodologies currently under development.
Read MoreCanadian economy continues to decouple from emissions output in 2021 -study
While Canada’s greenhouse gas emissions increased in 2021, the jump in output didn’t keep pace with an economy resurging from an end to pandemic lockdowns, according to a recently released independent analysis showing how the nation’s economic fortunes are being decoupled from pollution levels.
Read MoreCalifornia offset issuances rebound to 5-mth high, but DEBs remain sliver of the pie
California granted the most compliance offsets since mid-September over the past two weeks following a notable dip during the previous issuance, though a similarly small portion of offsets with direct environmental benefits to the state (DEBs) were distributed, according to data from regulator ARB published Wednesday.
Read MoreANALYSIS: Clean fuel pricing bills advancing in Vermont would mark two potential firsts
Proposed legislation in Vermont could see the state adopt a first-in-the-nation clean heat standard that experts say would be a model for other jurisdictions to follow, while lawmakers also mull implementing the first transportation sector low-carbon fuel standard (LCFS) in the eastern US.
Read MoreUS Carbon Markets and LCFS Roundup for week ending February 17, 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 accelerated clean power targets in New Jersey and Maine.
Read MoreCarbon credit investor pursues offtake from “largest” forest project in Western Hemisphere
A US-based carbon offset investor and consultancy this week advanced a strategic partnership that could see the firm eventually acquire tens of millions of offsets from a proposed Canadian improved forest management project, which it claims will be the largest in the Western Hemisphere.
Read MoreBattle lines drawn in US Senate committee’s first hearing on national clean fuel standard
A US Senate hearing on Wednesday for a national clean transportation fuel standard saw Republicans and Democrats clash and industry panellists take sides over technology-neutrality and the benefits of existing state-level low-carbon fuel standard (LCFS) programmes.
Read MorePREVIEW: Traders anticipate tame Q1 WCI auction result as market awaits drivers
The February WCI cap-and-trade auction on Wednesday is expected to settle in a relatively narrow range compared to current secondary market levels, as market participants see a lack of regulatory news and poor speculative conditions running up against smaller sale volumes and the potential start of annual deficits in California.
Read MoreFormer Washington state senator nets $14 mln to launch climate investment firm
A recently retired Washington State Senator has teamed up with an investment executive and a climate strategy advisor and raised $14 million to launch a Seattle-based company to help corporations decarbonise.
Read MoreUS Carbon Markets and LCFS Roundup for week ending February 10, 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 a proposal for the Washington state government to sell carbon offsets, and the return of a CO2 tax and dividend bill in Hawaii.
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