Florida biochar company files for bankruptcy protection
A Florida-based company specialising in converting green waste into biochar-rich products has filed for Chapter 11 bankruptcy protection, according to court documents.
Read MoreRepublican state AGs, industry challenge New York’s Climate Superfund Act
A group of 22 Republican state attorneys general (AGs) and industry groups are challenging in federal court New York’s recently signed “Climate Superfund” law that targets fossil fuel firms.
Read MoreCFTC: Compliance slashes RGGI exposure, investors brave CCA price slump
Producers took a drastic haircut to their RGGI Allowance (RGA) long holdings, while investors raised California Carbon Allowance (CCA) net length even as prices faltered over the week, latest figures from the US Commodity Futures Trading Commission (CFTC) showed Friday.
Read MoreNew US EPA petitions federal courts to pause lawsuits against power plant standards
The newly installed administrator at the US EPA moved the courts to hold all consolidated litigation against former President Joe Biden’s power plant emissions standards for 60 days, buying time for the new administration to review the underlying rule.
Read MoreMajor US nature study cancelled via executive order to bolster the energy industry
A major US-wide nature study has been cancelled amidst the deletion of multiple environmental government sites through a recent executive order (EO) by President Donald Trump aimed at boosting energy production.
Read MoreCalifornia senator makes another attempt to set ground rules for CDR
A California senator introduced a CO2 removal (CDR) bill on Wednesday, the second attempt by the lawmaker to prescribe rules surrounding CDR development in the state in recent years.
Read MoreUS CCS projects may capture more than 30 MtCO2 annually from ethanol production -research
By the end of 2024, 51 carbon capture and sequestration (CCS) projects in the US were in the planning stages aiming to store at least 30.5 million tonnes of CO2 each year from ethanol refineries, according to a research study released Wednesday.
Read MoreERW could cut CO2 by up to 300 mln tonnes annually in US by 2050 -report
Deploying basalt-based enhanced rock weathering (ERW) in US agriculture could remove between 160-300 million tonnes of CO2 annually by 2050, and 250-490 mln tonnes by 2070, according to a new study published this week.
Read MoreGlobal organisation launches first accounting standard for cocoa, outlines carbon removals framework
An international organisation has announced the world’s first accounting standard for the cocoa sector, setting a framework for companies to report Scope 3 emissions and measure carbon removal.
Read MoreBRIEFING: Experts confident of strong CORSIA supply and demand, including from US
Carbon market participants are confident that there will be both strong supply and demand for CORSIA credits, including from US airlines, despite political developments this year that have cast uncertainty over international climate initiatives.
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