Cemex says emissions cuts allowing it to stretch surplus carbon allowance inventories beyond 2026
Cemex continues to cut its Scope 1 and 2 emissions, allowing it to stretch the length of time it can rely on its surplus of European carbon allowances, the cement-maker said on Tuesday.
Read MoreGeorgia-based direct air capture company launches, looks to scale tech
An Atlanta-based direct air capture (DAC) company announced its official launch Tuesday, aiming to provide an economically advantageous way to remove CO2 at large scale.
Read MoreGold Standard “regrets” lack of dialogue with voluntary crediting programmes after CORSIA decision
Gold Standard has expressed disappointment with a UN decision to keep its voluntary carbon credits still pending approval for the current phase of CORSIA, and regrets that the assessment process did not allow for more open communication with other applying programmes.
Read MoreCalifornia again achieves record-low emissions in February, as natural gas sees its role recede
California electricity sector emissions continued to fall to record lows in February, as natural gas retreated from its historically high share of the state’s energy supply it has held in recent months, data published Friday showed.
Read MoreSBTi has no plans to validate voluntary carbon credit use towards corporate emissions targets
The Science Based Targets initiative (SBTi) will not bow to pressure and validate the use of voluntary carbon credits to help a company achieve its emission targets, the body confirmed to Carbon Pulse Tuesday.
Read MoreJapanese, US giants look to clean fuel agreement
Japan’s Jera plans to buy into a giant US hydrogen project that would supply it with 500,000 tonnes of green ammonia per year, it said Tuesday.
Read MoreRGGI Market: Observers anticipate permit values to hold strong as RGAs set fresh records
RGGI allowance (RGA) prices continued to soar past last week’s peaks amid heightened market strength, fuelled by the outcome of the first auction of the year and expectations surrounding the ongoing programme review.
Read MoreCanada Growth Fund announces third tranche, invests C$50 mln into private equity firm
The Canada Growth Fund (CGF), a federal investment vehicle, allocated C$50 million ($36.8 mln) towards a Montreal-based investment firm backing clean tech companies, the federal government announced Monday.
Read MoreUS DOE announces $6 bln for annual industrial decarbonisation of 14 Mt
The US Department of Energy (DOE) announced Monday up to $6 billion in funding for industrial decarbonisation projects across multiple states, which the agency said collectively are expected to slash emissions by 14 million tonnes annually and facilitate wider adoption of carbon-cutting technologies.
Read MoreVCM Report: Market pauses as ICAO delays approval of new standards, ICVCM wades through voluntary carbon methodologies
Trade in the voluntary carbon market stumbled last week under a cloud of uncertainty created by key organisations.
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