Canadian laboratory receives nearly C$5 mln to develop low-carbon fuels
A Canadian nuclear science and technology laboratory won federal funding to develop two low-carbon transportation fuel projects, the firm announced last week.
Read MoreAustralia bets on SAF to decarbonise crucial aviation industry
Australia plans to decarbonise its aviation industry in coming years, both domestically and internationally, but government support will be needed to drive the uptake of sustainable aviation fuel (SAF), according to a government white paper released on Monday.
Read MoreVCM Report: Liquidity dries up, old standardised voluntary carbon contracts trade at rock bottom
Liquidity dried up last week amid the height of the summer holiday season, and with the market still waiting for the next batch of Integrity Council for the Voluntary Carbon Market (ICVCM) methodology approvals for its Core Carbon Principles (CCP) high-integrity label.
Read MoreVCM Report: Smattering of low-priced trades keeps voluntary carbon market ticking over
A handful of trades kept the voluntary carbon market ticking over last week, with the slim pickings mostly confined to low-volume deals, as brokers grow more inclined to promote two-way markets to attract corporate interest.
Read MoreBRIEFING: Orsted drops e-methanol plant for shipping, following Shell and BP retreat from biofuels
Danish energy giant Orsted has scrapped a proposed e-methanol plant meant to supply green fuel for container ships amid a lack of demand, it announced Wednesday, in the latest sign that European energy majors are retreating from green fuel projects.
Read MoreFederal court dismisses SAF greenwashing lawsuit against United Airlines
A federal court granted United Airlines’ (UA) motion to dismiss a class action lawsuit alleging the airline had misrepresented its green claims from the use of sustainable aviation fuel (SAF), according to court documents released Wednesday.
Read More“Kill your darlings”: Voluntary carbon participants lament state of market, but integrity initiatives provide some solace
Sentiment in the voluntary carbon market (VCM) is weak with buyers staying away, scared off by the multiple scandals that have plagued the sector, but participants are hopeful the integrity initiatives underway will lead to better times, despite demand-side challenges remaining.
Read MoreVoluntary carbon issuances shifting away from REDD to fresh reforestation credits, analysis finds
Fresh issuances of voluntary nature-based carbon removal credits, such as reforestation, outstripped newly minted avoided deforestation credits in the first half of the year, according to analysis published Tuesday.
Read MoreBRIEFING: First SAF plant launches converting CO2, H2 to jet fuel in single step
The first facility to demonstrate the production of sustainable aviation fuel (SAF) using CO2 and hydrogen in a single-step process has been launched at Oxford Airport in England on Monday.
Read MoreVCM Report: Surprise sell-off in N-GEO futures sees contract dip below physical levels
A sell-off in Xpansiv CBL’s N-GEO futures contract on CME, attributed to an urgent portfolio liquidation, caught the voluntary market by surprise last week.
Read More