US-based carbon registry posts update to its methodology combatting ozone-depleting gases

Published 22:39 on November 6, 2024  /  Last updated at 22:39 on November 6, 2024  / /  Americas, Canada, Mexico, US, Voluntary

A US-based carbon registry has posted changes to its methodology for earning voluntary carbon credits from transitioning to advanced refrigeration systems.

Read More

Alberta TIER October spot prices continue to tumble amid weak demand

Published 21:53 on November 5, 2024  /  Last updated at 22:13 on December 9, 2024  / /  Americas, Canada, Voluntary

The Alberta Technology Innovation and Emission Reduction (TIER) programme’s spot prices reached historic lows for the second month in a row, according to a report published Friday.

Read More

Canadian consultancy, US-based energy tech firm team up to provide CCS, EOR solutions

Published 16:17 on November 5, 2024  /  Last updated at 16:17 on November 5, 2024  /  Americas, Canada, US, Voluntary

A Canadian consultancy and a US-based energy technology provider have announced a joint venture focused on providing engineering and geoscience solutions for carbon sequestration and enhanced oil recovery (EOR) projects in the US.

Read More

Canada slightly blunts emissions cap on oil and gas sector

Published 01:53 on November 5, 2024  /  Last updated at 01:53 on November 5, 2024  / /  Americas, Canada, Carbon Taxes, Voluntary

Canada opts for a marginally less stringent regulation of oil and gas emissions with compliance flexibilities in its draft regulations published Monday, targeting a 35% reduction in sector emissions by 2030.

Read More

Alberta releases draft update of CCS offset protocol for public comment

Published 00:33 on November 5, 2024  /  Last updated at 00:33 on November 5, 2024  / /  Americas, Canada, Voluntary

Alberta’s environmental ministry has released a draft of its proposed changes to a protocol for offset generation from CO2 capture and sequestration projects for a 30-day public comment period.

Read More

BASF, Exterra join forces to explore building CCS project in Quebec

Published 23:37 on November 4, 2024  /  Last updated at 23:37 on November 4, 2024  /  Americas, Canada, Voluntary

BASF and Exterra Carbon Solutions have signed a memorandum of understanding (MoU) to explore the deployment of a commercial-scale carbon capture and storage (CCS) project in Quebec.

Read More

US ELECTIONS PREVIEW – PART 1: Policy implementation hurdles constrain WCI market schemes across US West as elections near

Published 16:38 on November 4, 2024  /  Last updated at 16:38 on November 4, 2024  / , , , , and /  Americas, Canada, Carbon Taxes, Nature-based, US, Voluntary

US West Coast states envisioned additional emissions reduction policies in the past legislative year, but implementation challenges have placed Washington’s carbon market on the ballot, with close elections in Arizona and Nevada that could dictate the future of environmental policy at a state and federal level.

Read More

WCI Markets: WCA prices gain momentum ahead of key repeal decision, CCAs rise into month-end

Published 01:09 on November 1, 2024  /  Last updated at 01:09 on November 1, 2024  / /  Americas, Canada, US

Washington Carbon Allowance (WCA) futures prices rose past $50 on Thursday ahead of the looming Nov. 5 vote to decide the fate of the state’s ETS, while California Carbon Allowance (CCA) activity took a backseat lacking fundamental drivers.

Read More

Quebec’s free carbon allocation declines slightly in 2023

Published 22:07 on October 29, 2024  /  Last updated at 22:07 on October 29, 2024  / /  Americas, Canada, US

Quebec distributed the remainder of its 2023 free carbon market permits, bringing the annual total slightly down from 2022 volumes as the number of recipients remained unchanged, data released by the province’s environment ministry showed.

Read More

Canada Growth Fund proposes to fund major CCS project in Alberta oilsands -media

Published 23:30 on October 28, 2024  /  Last updated at 23:30 on October 28, 2024  / /  Americas, Canada, Voluntary

Canada’s C$15 billion ($10.9 bln) public investment fund has made an offer to finance carbon capture and storage (CCS) technology for the fossil fuel industry, media reported Monday.

Read More