Oil well plugging company sells 104K carbon credits for Texas project
A carbon project developer focused on methane abatement announced on Thursday the sale of some 103,750 carbon credits from its Texan oil well plugging project.
Read MoreVerra opens consultation on cookstove methodology revision
Verra opened a one-month public consultation process on Thursday for a major revision of its cookstove methodology in its Verified Carbon Standard (VCS) programme.
Read MoreCarbon removal buyers beyond Microsoft accelerate activity in Q2 -report
Carbon removal (CDR) buyers apart from Microsoft committed to a record-high volume of quarterly purchases, according to analysis published by a CDR portfolio manager on Thursday.
Read MoreMicrosoft emissions jump 25% as AI buildout accelerates, but tech giant reiterates carbon removals commitment
Microsoft’s greenhouse gas output rose 25% in fiscal year 2025 as the rapid expansion of AI infrastructure drove higher emissions across its value chain, but the technology giant reiterated its commitment to become carbon negative by 2030 through a combination of operational decarbonisation and one of the world’s largest CO2 removal (CDR) procurement programmes.
Read MoreFEATURE: EU weighs central purchasing authority for carbon removals in ETS
The European Commission is weighing the creation of a central purchasing authority for carbon removal units entering the EU Emissions Trading System (EU ETS), a move supported by environmentalists, but which also has drawbacks.
Read MoreResearchers propose new framework to classify carbon credits by mechanism rather than project type
A group of German researchers has proposed a new framework for classifying carbon offset projects based on the underlying mechanisms by which they reduce or remove greenhouse gases, arguing that existing taxonomies obscure important differences in project quality and accounting approaches while lumping together fundamentally different activities.
Read MoreDrax biomass power plant was the UK’s largest emitter for 11th year running
The UK’s largest biomass power plant – the Drax biomass station – was the country’s heaviest emitter for the 11th year running in 2025, with record emissions of 14.1 million tonnes of CO2e, according to analysis by a think tank.
Read MoreScaling CDR alongside emissions cuts could halve 1.5C overshoot, study finds
A climate strategy that scales carbon removal (CDR) alongside rapid emissions cuts could reach net zero CO2 seven years earlier than pathways that prioritise either removals or decarbonisation alone, but would face a major geological storage constraint, according to a recent study.
Read MoreCDR MONTHLY: Market consolidates after SBTi update provides long-term boost
June saw the durable CDR market consolidate as developers digested an announcement from the Science Based Targets initiative’s (SBTi) that will see a demand boost in the long term, as monthly contracted tonnes fell to around 350,000 tonnes in deals.
Read MoreInvestment into GHG removal tech slumps 49% YoY in first half of 2026 -report
Investment into GHG capture technologies shrunk 49% year-on-year (YoY) in the first six months of 2026, finds a new report.
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