European verifier seeks comments for new modular BiCRS methodology
A Paris-headquartered carbon crediting platform has opened a new modular biomass carbon removal and storage (BiCRS) methodology for public consultation, the company announced on Wednesday.
Read MoreMajor global policy shift urged to boost CO2 removal efforts, meet climate goals
Achieving billions of tonnes of CO2 removals needed to slow climate change will require substantial policy support across geographies and government levels, a new report has warned.
Read MoreBritish climate tech catalyst announces plans for the country’s largest biochar carbon removal project
A British climate tech catalyst has announced plans to develop the country’s largest biochar carbon removal project, it said on Wednesday.
Read MoreCanadian economy will fall behind if climate policy uncertainty persists, experts say
Despite Canada’s portfolio of climate regulations, the ongoing lack of climate finance policy is a risk to the Canadian economy, particularly as other jurisdictions advance on their efforts, experts said on a webinar Tuesday.
Read MoreSovereign carbon buyers to press ahead with Article 6 deals despite lack of UN clarity
Sovereign buyers of Article 6 carbon credits plan to press ahead on fleshing out agreements with host nations despite a lack of clarity on several key trade technicalities, describing capacity constraints as presenting as a greater obstacle to ramping up much-needed unit supply.
Read MoreEuro Markets: EUAs tumble to 7-week low as natural gas comes under pressure, options expiry looms
European carbon allowances dropped sharply on Tuesday as natural gas prices fell as much as 6.1% on diminishing concerns that US Gulf production might be impacted by an approaching tropical storm, while the looming September EUA options contract expiry was said to be starting to exert a pull on prices.
Read MoreMeasurement technology company partners with Toronto-based firm for CDR, CCS value chains monitoring
A measurement and automation technology company has collaborated with a Toronto-based measurement, reporting, and verification (MRV) company for better accuracy, reliability, and traceability in carbon management, according to a press release.
Read MoreUK offshore oil and gas emissions slip, although intensity per barrel set to rise
The UK’s offshore oil and gas industry cut its emissions by 4% in 2023 and by just over a quarter in the past five years, although the emissions intensity of every barrel is increasing as production declines, the country’s regulator said on Tuesday.
Read MoreAsset management firm funds major reforestation project in Malawi
An Abu Dhabi-based asset management firm announced Tuesday that it has signed a deal with a Malawi-based reforestation company to plant 6 million indigenous trees and prevent the deforestation of over 4 mln trees in the country.
Read MoreMarketplace partners with tech firm to boost transparency in carbon removal with MRV data
A London-based carbon removal (CDR) marketplace has partnered with a carbon tracking tech firm to integrate its measurement, reporting, and verification (MRV) data to boost transparency in the market.
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