EXCLUSIVE: Alberta government says remains committed to industrial carbon pricing
The Alberta government remains committed to industrial carbon pricing, allaying concerns that the province’s existing TIER system could be dismantled following next week’s Canadian federal election.
Read MoreEU reliance on forest biomass, BECCS undermines net zero plans -report
The EU’s growing use of forest biomass for energy is eroding the bloc’s carbon sink, while planned reliance on bioenergy with carbon capture and storage (BECCS) risks locking in net emissions, a recent study has warned.
Read MoreTrump orders agency to set deep sea mining in motion
US President Donald Trump on Thursday ordered the National Oceanic and Atmospheric Administration (NOAA) to expedite the process for reviewing and issuing seabed mining permits, seeking to set the nation up as a global leader even as scientists warn of potential disastrous consequences for the ocean.
Read MoreVenture-backed initiative launches first reforestation project in Brazil
A Brazilian reforestation venture has unveiled its first project with an aim to restore 1,200 hectares of rainforest in the country’s Atlantic Forest with over 70 native tree species, its CEO told Reuters in an interview.
Read MoreMicrosoft signs five-year carbon removal deal with US biochar startup
Adding to its string of carbon removal deals, tech giant Microsoft on Friday signed a five-year offtake agreement with a US-based carbon removal company for 44,000 CO2 removal credits.
Read MoreStartup inks carbon removal offtake deal with US investment firm to scale ERW in Indonesia
An Indonesian enhanced rock weathering (ERW) startup has signed a carbon dioxide removal (CDR) offtake agreement with a US-based asset management firm for 4,400 removal credits.
Read MoreBrazil’s $125 bln fund fails to protect tropical forests -report
Brazil’s emergent $125 billion “Tropical Forest Forever Facility” fund, set to be launched at COP30, fails to finance forest preservation actors, environmental advocacy non-profits said in a report Thursday.
Read MoreCarbon credit developer plugs first gas well in Alberta, announces new collaboration
A partnership to plug an orphan gas well in Canada yielded its first tranche of carbon credits.
Read MoreBioCarbon launches water crediting programme
The BioCarbon environmental standard on Thursday launched a water crediting programme at the Colombia Carbon Forum in Bogota, following a 30-day public consultation.
Read MoreWCI Markets: CCAs lurch towards auction floor amidst heavy selling, WCAs show resilience
California Carbon Allowances (CCA) fell below the 2025 price floor amidst strong front-end selling and political uncertainty around the future of the state’s cap-and-trade programme, while Washington Carbon Allowances (WCAs) gained value in thin markets despite the threat of legal action from the federal government, traders said.
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