INTERVIEW: Canadian CDR player makes push into Australian mining heartland

Published 08:57 on February 17, 2025  /  Last updated at 08:57 on February 17, 2025  / /  Americas, Asia Pacific, Australia, Canada, Voluntary

A Canadian carbon dioxide removal (CDR) firm has announced a wide-scale push into Australia’s mining heartland with two partnerships with local miners and an $8 million boost from two venture capital firms to further its tech, and a separate partnership with the Climate Recovery Institute.

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LATAM Roundup: REDD+ issuers push for inclusion in compliance schemes

Published 07:01 on February 17, 2025  /  Last updated at 07:01 on February 17, 2025  / /  Americas, International, Nature-based, Paris Article 6, South & Central, Voluntary

Regional governments, firms, and non-profits involved in REDD+ forest projects all advocated a role for these credits within compliance carbon pricing or payments for ecosystem services (PES) in the week ending Feb. 16.

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Permafrost GHG loss may persist under global net-zero, net-negative emissions -study

Published 11:44 on February 16, 2025  /  Last updated at 16:47 on February 16, 2025  /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Melting permafrost in the northern hemisphere is likely to continue releasing greenhouse gases even under stringent climate mitigation efforts, potentially weakening the effectiveness of CO2 removal (CDR) strategies, a new study warns.

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Critical for carbon removals to be reserved for hard-to-abate sectors, researchers warn

Published 17:13 on February 15, 2025  /  Last updated at 23:17 on February 15, 2025  /  Americas, Asia Pacific, EMEA, EU ETS, Nature-based, Voluntary

Carbon dioxide removal (CDR) units must absolutely be prioritised for industries lacking viable decarbonisation alternatives, rather than being used to offset emissions from sectors that can more easily transition, a new study warns.

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Article 6 body launches interim registry, approves first CDM transition requests

Published 09:36 on February 15, 2025  /  Last updated at 11:26 on February 17, 2025  / /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, Voluntary

The Supervisory Body for the Article 6.4 mechanism (SBM) agreed to launch an interim registry to help speed along the operationalising of the Paris Agreement Crediting Mechanism (PACM) at its first meeting of the year, also making the first approvals as part of the Clean Development Mechanism (CDM) transition process.

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CFTC: CCA price slump draws in investors, RGAs shelved

Published 01:31 on February 15, 2025  /  Last updated at 01:31 on February 15, 2025  / and /  Americas, Canada, US

Investors continued to build net length in California Carbon Allowance (CCA) as futures prices reversed mid-week ahead of the first quarterly permit sale, while traders reduced RGGI exposure amidst US-Canada tariff uncertainty, latest figures from the US Commodity Futures Trading Commission (CFTC) showed Friday.

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Washington state lawmakers propose ETS amendments to enable linkage with California-Quebec

Published 00:37 on February 15, 2025  /  Last updated at 00:37 on February 15, 2025  / /  Americas, US

Two Washington state representatives introduced a bill on Friday proposing changes to the state’s cap-and-invest programme to facilitate linkage with other jurisdictions.

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Bipartisan US senators reintroduce nationwide E15 sales year-round legislation

Published 23:27 on February 14, 2025  /  Last updated at 23:27 on February 14, 2025  / /  Americas, RINs & LCFS, US

US senators proposed a bill that would fulfill President Donald Trump’s mandate for energy independence, allowing gasoline that is blended with 15% ethanol to be sold year-round.

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Brazilian NbS group urges govt to engage private sector, follow recommendations for new ETS

Published 22:22 on February 14, 2025  /  Last updated at 22:22 on February 14, 2025  / /  Americas, International, Nature-based, Paris Article 6, South & Central, Voluntary

An industry group of 20 carbon project developers and non-profits involved in nature-based solutions (NbS) have called upon the Brazilian government to include private sector voices and several other considerations when converting the country’s new ETS law into regulation.

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Pennsylvania sues federal agencies as over $3 bln in funds for climate projects still frozen

Published 22:18 on February 14, 2025  /  Last updated at 22:18 on February 14, 2025  / /  Americas, US

More than $3 billion in Pennsylvania’s emissions reductions efforts, such as mine reclamation and oil well plugging projects, are under threat as the new administration under President Donald Trump continues withholding money following its federal funding freeze announced last month, according to a lawsuit the state filed Thursday.

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