Major Canadian financial, food companies undertake soil carbon project for new net zero agriculture group
A collection of Canadian financial and food firms on Tuesday launched a new alliance to slash emissions from the country’s agri-food sector by 2050, with the group hoping that helping improve soil carbon measurement and reporting will help achieve the goal.
Read MoreVoluntary carbon credit platform nets $2 million in early funding for diversified sales approach
A San Francisco-based voluntary carbon market sales company on Wednesday announced it has secured $2.25 mln in pre-seed funding for its plan to offer a diverse portfolio of credits in alignment with academic guidance.
Read MoreRGGI states increase allowance volume for Q4 sale, as Virginia prepares to exit
Allowance volumes offered at RGGI’s Q4 auction will increase to the highest point since the first quarter of this year, the power sector cap-and-trade scheme’s notice showed Tuesday, with Virginia primed to participate in its last ever sale.
Read MoreRGGI Market: RGAs inch up as programme review uncertainty takes hold
RGGI Allowance (RGA) prices made modest gains following last week’s rollercoaster in response to the latest Third Program Review meeting, as participants indicated that market interest was fading amid directional uncertainty and forecasts of a warm winter.
Read MoreParaguayan Congress approves carbon credit regulation bill by wide majority
Paraguay’s lower house of Congress on Wednesday voted to pass the country’s first national legislation regulating the voluntary carbon market with almost no opposition, sending the bill to President Santiago Pena for final approval.
Read MoreParaguayan Senate passes carbon credit regulation bill with amendments
Legislation outlining regulation of the voluntary carbon credit market passed Paraguay’s Senate this week by a significant margin following a number of amendments, and now goes to the country’s Chamber of Deputies before it can become law.
Read MoreSoil carbon a cheaper alternative to direct air capture, developers argue
Soil carbon projects could prove a cheaper alternative to direct air capture (DAC) technology for CO2 removal buyers, according to developers in the space, who say testing of ground storage is making older sequestration methods more reliable.
Read MoreNew York official discloses timeline for final regulation, compliance obligations in cap-and-invest system
New York is aiming to finalise its economy-wide cap-and-invest (NYCI) regulation next year and implement compliance obligations for regulated entities shortly thereafter, a government official said Wednesday.
Read MoreWCI jurisdictions should pursue Pan-American carbon market linkages, Quebec official says
North American jurisdictions participating under the linked WCI cap-and-trade market should pursue future linkages with Latin American states, and the only barrier to carbon markets integrating across the Western Hemisphere is price differential, a Quebec government official said Wednesday.
Read MoreVoluntary carbon market must be more proactive in countering industry criticism, stakeholders argue
Proponents of the voluntary carbon market (VCM) need to push back against criticisms of the industry more vociferously and refute accusations of poor environmental integrity, an event heard this week.
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