California issues more than 75k offset credits without DEBs
The California regulator issued fewer than 75,500 compliance-grade offsets over the most recent reporting period, with no direct environmental benefits (DEBs) to the state, according to data released on Wednesday.
Read MoreCountries can curve plastic pollution without a global treaty -report
International cooperation can achieve significant reductions in plastic production and its emissions despite the absence of a legally binding global treaty, according to a report.
Read MoreAlberta releases draft update of CCS quantification protocol for public comment
Alberta is seeking public comment on proposed updates to its carbon capture and sequestration (CCS) quantification protocol that would let eligible direct air capture (DAC) projects account for low-carbon electricity, while clarifying how removal credits and storage reversals would be handled under its large-emitter system.
Read MorePolicymakers should pursue integration of North American carbon markets -report
US policymakers should align voluntary and compliance carbon markets around common standards and infrastructure to improve market efficiency, a public policy group reported.
Read MoreQ2 WCI carbon auction sells out near $29
The Q2 California-Quebec carbon auction last week sold out above the 2026 price floor but a bit below the $29 mark, within the expectations of most market participants, according to a notice published Wednesday.
Read MoreANALYSIS: States, industry groups urge SCOTUS to curb local climate liability suits against oil companies
A broad coalition including the US federal government, states, business groups, legal scholars, and tribal interests has urged the US Supreme Court (SCOTUS) to block a landmark climate damages lawsuit against two oil companies, arguing it would let local governments regulate GHG emissions through state tort law.
Read MoreCOMMENT: Clean cookstoves are becoming a carbon market litmus test
Local communities must be put at the heart of clean cooking projects for them to generate credible carbon credits and fulfil their potential as one of the only climate measures that can be deployed fast and at scale in displacement settings.
Read MoreLegacy carbon credits face rising audit risk, guide says
Corporate buyers of legacy voluntary carbon credits could face growing audit, disclosure, and impairment risks as carbon accounting rules tighten, according to a recent guide by a US investment bank.
Read MoreBiodiversity Credit Alliance calls for digital infrastructure
If nature markets are to scale with transparency, auditability, and inclusivity, they should be developed as digitally native mechanisms, Biodiversity Credit Alliance (BCA) said in a paper on Tuesday.
Read MoreMajor seafood firms lag on environmental action, investor network finds
An investor network has published an assessment showing that the world’s biggest seafood companies are lagging in addressing their environmental impacts.
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