Washington tribes’ climate deception lawsuit survives oil companies’ dismissal bid

Published 23:07 on May 4, 2026 / Last updated at 23:07 on May 4, 2026 / / Americas (US & Canada), Net Zero Transition (Litigation)

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A Washington state judge denied oil companies’ bid to dismiss climate deception claims brought by two Tribal governments, allowing most of the case to proceed while giving the tribes 30 days to amend allegations against one defendant.

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Trump administration moves to block state climate lawsuit, citing federal primacy over emissions

Published 22:19 on May 4, 2026 / Last updated at 22:19 on May 4, 2026 / / Americas (US & Canada), Net Zero Transition (Litigation)

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The US federal government has filed a lawsuit seeking to halt a state-level climate case, arguing that regulation of interstate and international pollution falls under federal authority.

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Offset developer reports revenue surge, return to profit on strong Q4 performance

Published 17:33 on May 4, 2026 / Last updated at 17:33 on May 4, 2026 / / Americas (Compliance Markets & Taxes, US & Canada), Asia Pacific (Asia, Compliance Markets & Taxes), Nature-based Carbon (Other NbS), Voluntary (VCM Developments)

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A Canadian offset developer reported a sharp rise in revenue and a return to profitability in 2025, with results heavily weighted toward a strong fourth quarter.

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Massachusetts CDR potential strong, but insufficient to meet 2050 net zero target -report

Published 17:19 on May 4, 2026 / Last updated at 17:19 on May 4, 2026 / / Americas (US & Canada), CO2 Management (CCUS, Engineered Removals), Nature-based Carbon (Other NbS), Voluntary (VCM Developments)

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Massachusetts will likely need to rely on out-of-state carbon dioxide removal (CDR) and further emissions cuts to meet its 2050 net zero target, despite having strong potential to deploy and lead innovation in several removal pathways, according to a state-commissioned study.

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Researchers propose ‘carbon removal budget’ to limit overreliance

Published 14:01 on May 4, 2026 / Last updated at 17:47 on May 7, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), CO2 Management (CCUS, Engineered Removals), EMEA (Africa, Europe, Middle East), Nature & Biodiversity (Policy), Nature-based Carbon (Forestry, Other NbS), Net Zero Transition (Industrial Decarbonisation, Investment, Reporting & Disclosure), Voluntary (VCM Governance)

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A “carbon removal budget” (CRB) could help governments and companies avoid delaying climate action by quantifying how much carbon removal (CDR) capacity is available, according to a new academic paper.

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Global cotton association launches carbon credit programme

Published 12:58 on May 4, 2026 / Last updated at 12:58 on May 4, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia), EMEA (Africa, Europe, Middle East), Nature-based Carbon (Other NbS), Net Zero Transition (Industrial Decarbonisation), Voluntary (VCM Developments, VCM Governance)

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The International Cotton Advisory Committee (ICAC) has launched a carbon crediting programme to provide cotton farmers with additional income streams, the group recently announced.

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UPDATE – EU defies US pressure on anti-deforestation rules, but proposes leather exemption

Published 11:01 on May 4, 2026 / Last updated at 14:24 on May 4, 2026 / and / Americas (US & Canada), EMEA (Europe), Nature & Biodiversity (Policy)

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The European Commission has confirmed it will not reopen its regulation on deforestation-free products (EUDR), defying pressure from the Trump administration, but has proposed excluding leather and retreaded tyres from its scope.

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Fixing methane leaks would recover twice the gas supply lost during Hormuz closure, IEA says

Published 06:00 on May 4, 2026 / Last updated at 13:45 on May 5, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), Net Zero Transition (Power/Electrification)

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Fixing methane leaks would provide a massive boost to energy markets, recovering a volume of gas equivalent to twice the supply lost due to the closure of the Strait of Hormuz, according to a new report by the International Energy Agency.

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CFTC: Producers build RGAs amid market volatility, as V27 data reported for first time

Published 00:10 on May 2, 2026 / Last updated at 00:10 on May 2, 2026 / , and / Americas (Compliance Markets & Taxes, US & Canada)

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Producers built and managed money cut their V26 RGGI Allowance (RGA) net holdings during the recent historic surge in futures prices, according to the latest US Commodity Futures Trading Commission (CFTC) data, which reported V27 RGA data for the first time, showing emitters with net length and managed money with a net short in the vintage.

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Global shipping carbon price still on the table as countries agree to continue talks on Net-Zero Framework

Published 19:50 on May 1, 2026 / Last updated at 08:49 on May 5, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), International (Shipping)

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Despite persistent attempts by some countries this week to dismantle key elements of the Net-Zero Framework (NZF) for global shipping, including removal of a carbon levy and decarbonisation fund, the framework has survived and is set to form the basis of further discussions.

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