REDD alert as low prices stop developers reaping rewards from high integrity carbon projects, say analysts
Verra’s new methodology for crediting avoided deforestation REDD+ projects will slash issuance levels and create a minimum floor price of $15/tonne, but the current value of units is still too low to incentivise many project developers to take the risk, according to new analysis.
Read MoreResearch initiative aims to provide new data on emissions from hydrogen
A research initiative between academics, and companies in the chemicals and oil & gas business has started measuring emissions from hydrogen infrastructure in North America and Europe, in an effort to fill a gap in empirical data in a growing international market, the group announced on Wednesday.
Read MoreIEA flags growing challenges to critical mineral supply
The International Energy Agency (IEA) on Wednesday released an updated critical minerals report, saying there are potential supply crunches for the majority of minerals needed for a clean energy transition.
Read MoreFires fuelled record global forest loss in 2024, report says
Last year saw a record surge in global forest loss, with fires overtaking agriculture as the main driver of tropical primary forest destruction, being responsible for nearly 50% of the total loss, according to a study published Wednesday.
Read MoreBRIEFING: US pressure compels industry enthusiasm for Canadian biofuels production
Made-in-Canada renewable fuel mandates – brought upon by a provincial government in response to US trade war pressure – have encouraged domestic production, as the industry pushes other governments to follow suit, a conference heard Tuesday.
Read MorePREVIEW: Tempered expectations for Q2 WCI auction as federal risks unresolved
Market expectations for California-Quebec’s Q2 allowance sale clear were toned down as a result of the overhang of potential federal legal action and prolonged programme extension negotiations with state lawmakers.
Read MoreNew Mexico proposes clean transportation fuel programme rules beginning 2026
A New Mexico agency this month published a draft proposal for its clean transportation fuel programme, advancing the state’s efforts to establish its Clean Transportation Fuel Standard (CTFS).
Read MoreHonduras announces no new coal-fired plants as LAC moves towards cleaner energy grids
During a closed-door event in the first Climate Week in Panama City, Honduras announced it is joining the Powering Past Coal Alliance (PPCA), becoming the 10th Latin American country to commit to building no new coal power plants.
Read MoreCompanies must prepare for nuanced emissions measurement under SBTi, GHG Protocol reporting frameworks -webinar
Corporate entities can start planning for data granularity in their emissions reporting based on the drafts and discussions happening around updates for the Science Based Targets initiative (SBTi) and GHG Protocol reporting standards, experts said on a Tuesday webinar.
Read MoreCDR buyer non-profit announces new fund aimed at recycling capital into further purchases
A US-based non-profit carbon removal (CDR) buyer revealed Tuesday the launch of a new fund aimed at recycling revenue from the sale of credits into further purchases, in a bid to help scale the nascent market.
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