Ex-Polish minister proposes massive EU fund to sustain clean industries

Published 16:45 on January 15, 2025  /  Last updated at 16:45 on January 15, 2025  / /  CBAM, China, Climate Talks, EMEA, EU ETS, US

The EU should create a new fund to stave off the existential threat of Chinese and American competition while moving closer to the bloc’s climate neutrality objectives, according to former Polish Climate Minister Marcin Korolec.

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US forest project developer releases 400k carbon credits under ACR

Published 09:27 on January 15, 2025  /  Last updated at 09:27 on January 15, 2025  / /  Americas, Nature-based, US, Voluntary

An Arkansas-based forest project developer has verified the release of over 400,000 carbon credits under the American Carbon Registry (ACR), it announced on Tuesday.

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California’s cap-and-trade regulatory delays could impact linkage timeline with Washington -panellists

Published 05:20 on January 15, 2025  /  Last updated at 05:20 on January 15, 2025  / /  Americas, Canada, US

California’s delay in finalising changes to its cap-and-trade scheme could affect the linkage timeline between existing WCI partners and Washington, panellists said at a conference Tuesday.

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New York cap-and-invest scheme not likely to allow offsets -analyst

Published 04:50 on January 15, 2025  /  Last updated at 04:50 on January 15, 2025  / /  Americas, US, Voluntary

State agencies are expected to design New York’s ETS without provisions for carbon offsets that may allow participants to increase emissions, an analyst said at a conference on Tuesday.

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Potential state legislature changes pose RGGI participation risks -panel

Published 03:03 on January 15, 2025  /  Last updated at 03:03 on January 15, 2025  / /  Americas, US

The upcoming gubernatorial race in New Jersey this year – followed by numerous similar elections in 2026 – raises uncertainty regarding RGGI members’ ongoing participation in the Northeast carbon market, panellists said at a conference Tuesday.

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California watchdog recommends changes to offsets, allowance allocation in state cap-and-trade programme

Published 01:06 on January 15, 2025  /  Last updated at 01:06 on January 15, 2025  / /  Americas, US

California’s carbon market watchdog proposed several options on Tuesday to revise the design of compliance instruments under the state’s cap-and-trade programme, including potential changes to offsets and allocation of allowances.

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US DOE channels $101 mln into cement, power plant decarbonisation

Published 00:28 on January 15, 2025  /  Last updated at 00:28 on January 15, 2025  / /  Americas, US, Voluntary

The US DOE announced Tuesday another tranche of $101 million in federal funding to support development and deployment of technologies to capture CO2 emissions from industrial operations and power generation.

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US biofuels producer closes billion-dollar DOE loan for SAF expansion

Published 23:23 on January 14, 2025  /  Last updated at 23:23 on January 14, 2025  / /  Americas, Aviation/CORSIA, Nature-based, US, Voluntary

A US biofuels producer has closed a more than $1 billion loan with the federal government to expand its sustainable aviation fuel (SAF) production.

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CDR funding faces potential uncertainty under Trump administration, expert says

Published 22:41 on January 14, 2025  /  Last updated at 22:41 on January 14, 2025  / /  Americas, US, Voluntary

CO2 removal (CDR)’s bipartisan nature and economic benefits are pitted against the potential repeal of climate policies and new departmental leadership, making its future in the US uncertain, a policy expert said on Monday.

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New appeal challenges multi-state CCS pipeline project in US Midwest

Published 21:50 on January 14, 2025  /  Last updated at 21:50 on January 14, 2025  / /  Americas, Nature-based, US, Voluntary

A group of North Dakota landowners are appealing approval of a multi-state CCS project in the US, adding to a long list of challenges the company has navigated. 

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