Majority of countries ramping up renewables ambition in updated NDCs -report
A total of 15 of the 19 countries that have submitted updated Nationally Determined Contributions (NDCs) under the Paris Agreement are planning to increase their renewable energy ambition ahead of 2035, according to a report by two non-profit research and campaign groups.
Read MoreCanada awards C$150 mln for decarbonisation via carbon tax revenues
Canada is set to fund 40 decarbonisation projects with proceeds from its industrial carbon levy.
Read MoreTransparency gaps in carbon removal, forestry raise doubts over 2050 net zero targets -report
A lack of transparency in national climate strategies, particularly around the role of engineered carbon removal (CDR) and land-use, land-use change, and forestry (LULUCF), is raising doubts over the credibility of 2050 net zero targets, according to a report released over the weekend.
Read MoreCalifornia transportation fuel emissions nudge down in 2024, despite December diesel rise
Transporation fuel emissions in California nudged down just over 1% year-on-year (YoY) in 2024, even as diesel consumption increased in December, state data published Friday showed.
Read MoreCFTC: Investors add record V26 CCA length, producers reduce RGGI exposure
Investors built their V26 California Carbon Allowance (CCA) net length while cutting more V25s, and producers pulled back their RGGI Allowance (RGA) exposure, according to latest weekly data released Friday by the US Commodity Futures Trading Commission (CFTC).
Read MoreINTERVIEW: Canada’s ‘first’ CDR dashboard critical to scaling development
It’s time for Canada’s carbon removal (CDR) industry to take its turn in the limelight, according to the policy director of one of the country’s leading policy advocacy groups.
Read MoreSlight drop to available allowances at Q2 WCI auction
The California-Quebec joint WCI auction in May will offer a lower volume of allowances in the second quarterly sale of 2025 than it did in the first, according to a Friday notice from California regulator ARB.
Read MoreWCI Markets: CCAs retreat amidst ARB uncertainty, WCA market tightens
California Carbon Allowance (CCA) prices slipped from an early week bump as the market once again faced rulemaking delay-induced uncertainty, while Washington Carbon Allowances (WCAs) rose amidst ongoing tightness, traders said.
Read MoreWestern Canada’s first hydrogen liquefaction plant awarded nearly C$50 mln
The Vancouver-based hydrogen supplier developing the British Columbia-Alberta heavy-duty transportation hydrogen network has won another influx of federal cash for its next plant.
Read MoreUPDATE – Alberta bill demands provincial control over emissions data
Alberta proposed an amendment to existing law that would restrict the federal government from collecting emissions data from provincial oil and gas facilities.
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