Carbon offset provider reports expanded net loss in latest quarterly filing despite recent revenue rise
A North American carbon offset provider said in filings Tuesday that its net losses expanded in the latest quarter to over $5 million despite a ramp up in revenues over the first nine months of the fiscal year.
Read MoreClean energy, security at forefront of Berlin climate talks
Energy security took centre-stage at annual international climate talks in Berlin this week, with a number of leaders highlighting their work in support of a clean energy transition – against the backdrop of the global fossil fuel price spike.
Read MoreDisappearing REDD leaves fresh issuance of credits lowest since 2019
Issuance and retirement levels of voluntary credits both dropped in the first quarter of the year, as well as investment in carbon projects – although carbon credit prices climbed higher, a webinar heard Wednesday.
Read MoreUS court blocks parts of Trump-led wind, solar restrictions in early-stage ruling
A federal judge in Massachusetts granted a preliminary injunction against several Trump-era agency actions that had slowed or constrained wind and solar project permitting, siding in part with renewable energy groups challenging the measures.
Read MoreBRIEFING: Cracking the financing problem behind biodiversity credits
Biodiversity credit projects can overcome the “valley of death” stopping some pilots in their tracks by following bankability principles, a market actor said on Wednesday.
Read MoreFEATURE: Microsoft “a partner, not just a buyer” for nature-based CDR, as possible investment pause stokes confusion
On the back of reports that major carbon removals (CDR) buyer Microsoft may be temporarily halting its CDR purchases, nature-based CDR developers have highlighted the significance of its ‘partnership’ model of project investment.
Read MoreDATA DIVE: How could Microsoft’s credit buying ‘pause’ impact different engineered CDR sectors?
Reports from earlier this month that Microsoft may be easing away from new investments in the carbon removal (CDR) sector caused alarm for developers, though some pathways stand to be relatively more exposed to a drop-off in forward buying from the tech giant.
Read MoreUS non-profit launches phytoplankton CDR research programme to assess risks, viability
A US environmental non-profit said Wednesday it will launch a new research programme to assess whether phytoplankton stimulation can remove atmospheric carbon and what impacts it may have on ecosystems and communities.
Read MoreINTERVIEW: Turkish COP champion hopes to connect carbon markets, emission cuts with daily lives
Turkiye’s COP31 high-level champion is hoping to help translate the carbon market “architecture” established in recent years into “real-world delivery”, primarily through harmonisation, during this year’s UN climate summit.
Read MoreERW developer defends quantification of CO2 removal that achieved 8.3 tonnes per hectare
A US developer in enhanced rock weathering (ERW) has defended the carbon quantification behind its first issuance of credits that raised eyebrows for being too good to be true.
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