Verra issues corrections and clarifications for VM0042 carbon methodology
Verra has issued a number of corrections and clarification for version 2.2 of its VM0042 methodology for Improved Land Management that was released in October.
Read MoreWCI Markets: CCAs back off from recent highs
Trading of California Carbon Allowances (CCAs) slowed following the high of regulator ARB’s recent vote on proposed Cap-and-Invest programme changes, while Washington Carbon Allowance (WCA) prices and trading activity dipped into the Q2 auction results.
Read MoreUS flight emissions disclosures increases sensitivity of consumer demand -report
A non-profit reported that online disclosures of flight emissions in the US has increased sensitivity around the consumers’ willingness to pay for reductions.
Read MoreAbsolute Climate launches consultation on updated carbon accounting standard
Carbon accounting firm Absolute Climate has opened a month-long public consultation on an updated version of its Absolute Carbon Standard (ACS), introducing revisions to its framework for certifying removal activities and low-carbon products amid growing scrutiny of market integrity.
Read MoreUS solar dodges Trump cooldown, breaks generation record
Solar has surpassed coal-fired power generation in the US for the first time and leads additions to the power grid, despite US President Donald Trump’s efforts to bolster the fossil fuel and pull back from renewables.
Read MoreShipbuilder spurs DAC scale-up in Canada to bolster submarine bid
A German shipbuilder, a sustainable technologies provider, and a Californian direct air capture (DAC) developer are pairing up to advance clean tech in Canada.
Read MoreERW shows mixed effects on soil sponge function in review
Enhanced rock weathering (ERW) produced inconsistent responses across indicators linked to soil sponge function, according to a review of published research.
Read MoreMicrosoft inks first Asian ERW removal credit deal with Indian firm
Microsoft has agreed to purchase up to 36,920 tonnes of CO2 removal credits from Indian enhanced rock weathering (ERW) developer Alt Carbon under a multi-year deal that marks the technology giant’s first ERW procurement agreement in Asia.
Read MoreSB64: Colombia’s fossil fuel transition push post-Santa Marta divides developing countries -sources
Colombia is demanding institutional support for a global transition away from fossil fuels (TAFF) in Bonn, building upon momentum from April’s Santa Marta conference – and exposing divides among parties in the G77-plus-China negotiating bloc.
Read MoreANALYSIS: New SBTi standard opens door for carbon markets, but guardrails will temper near-term demand
The Science-Based Targets initiative’s (SBTi) long-awaited new Corporate Net-Zero Standard was widely welcomed for recognising companies that address their ongoing emissions, including with voluntary ‘high-integrity’ credit buying – but stakeholders critiqued its lack of mandate on near-term action, which they said will significantly dampen the immediate market signal.
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