Global organisation launches first accounting standard for cocoa, outlines carbon removals framework
An international organisation has announced the world’s first accounting standard for the cocoa sector, setting a framework for companies to report Scope 3 emissions and measure carbon removal.
Read MorePetrobras launches bioeconomy fund eyeing carbon, biodiversity credits
Brazilian state-owned oil company Petrobras has established a bioeconomy fund to support climate- and nature-focused initiatives in the country, with plans to target carbon and biodiversity credit projects.
Read MoreBRIEFING: Experts confident of strong CORSIA supply and demand, including from US
Carbon market participants are confident that there will be both strong supply and demand for CORSIA credits, including from US airlines, despite political developments this year that have cast uncertainty over international climate initiatives.
Read MoreINTERVIEW: Hybrid DAC developer eyes scale-up with ‘water-positive’ approach
Hybrid direct air capture (HDAC) technology could help drive down the cost of carbon removals (CDR) by capturing both CO2 and water in a single process, the founder and CEO of a California-based firm told Carbon Pulse.
Read MoreWCI Markets: CCAs hover above $30 with limited upside
Benchmark California Carbon Allowance (CCA) prices found support around the $30-handle, but traders questioned whether this level would sustain ahead of the first quarterly permit sale in a few weeks, while activity in Washington Carbon Allowances (WCA) was limited.
Read MoreIowa Republican lawmakers pitch policy package restricting CO2 pipelines
A group of Iowa House Republicans introduced several bills on Thursday that aim to put new regulations on CO2 pipeline development.
Read MoreBrazil proposes new regulatory agency to oversee national ETS -media
Brazil’s finance ministry is proposing to create a new agency to regulate and manage the country’s recently approved ETS, national media reported Thursday.
Read MoreRoadshow for Chile’s first-ever auction of tax-eligible offsets slated for next week
A Latin American carbon markets platform will host a show-and-tell for the first auction of carbon credits eligible toward payment of Chile’s CO2 tax next week, it announced Thursday.
Read MoreUS rescinds $4 bln in pledged funding for Green Climate Fund, removes climate stress testing from banks
The administration of US President Donald Trump has rescinded previously pledged funding to the UN’s Green Climate Fund (GCF) amounting to some $4 billion, alongside a pullback of voluntary climate risk determinations from major US banks.
Read MoreUS DOE to advance Trump’s inauguration plans
The US Secretary of Energy appears to be making good on President Donald Trump’s promise to “unleash” fossil fuels with a new order moving forward plans announced in the president’s inaugural speech.
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