USDA appoints members to its VCM advisory council

Published 23:20 on January 7, 2025  /  Last updated at 23:20 on January 7, 2025  / /  Americas, US, Voluntary

The US Department of Agriculture (USDA) on Tuesday announced the appointment of over 30 members to an advisory council for a newly established federal programme that helps rural stakeholders participate in the voluntary carbon market (VCM).

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Trudeau exit less cause for carbon market concern than impending Canadian election -analysts

Published 23:18 on January 7, 2025  /  Last updated at 23:18 on January 7, 2025  / /  Americas, Canada, Carbon Taxes, Nature-based, US, Voluntary

Prime Minister Justin Trudeau’s resignation from Canada’s top seat could have little impact on the country’s carbon markets, or the broader clean fuels market, according to a new report by a US-based analytics group.  

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California oil and gas company greenlights state’s first CCS project

Published 18:47 on January 7, 2025  /  Last updated at 20:11 on January 7, 2025  / /  Americas, US, Voluntary

A California fossil fuel producer announced Monday that it will be moving forward with constructing the state’s first carbon capture and storage (CCS) project in a depleted oil and gas field, despite an unresolved legal challenge from environmental groups aiming to block the initiative.

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Biochar carbon removal potential hinges on energy use -report

Published 15:29 on January 7, 2025  /  Last updated at 15:29 on January 7, 2025  / /  Americas, Asia Pacific, EMEA, US, Voluntary

The net carbon removal potential of biochar production varies widely depending on operational practices such as energy efficiency and co-product management, according to a recent analysis by US-based researchers.

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FEATURE: Protecting wetlands through carbon projects helps preserve key global emissions sink

Published 14:18 on January 7, 2025  /  Last updated at 17:11 on January 7, 2025  / /  Americas, EMEA, Middle East, Nature-based, US, Voluntary

There is huge potential to scale carbon finance for the protection of wetland ecosystems, which would in turn bring innumerable benefits, from CO2 to absorbing other pollutants, according to experts.

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CFTC: Producers increase net length across CCA, RGA to wrap up 2024

Published 02:13 on January 7, 2025  /  Last updated at 02:13 on January 7, 2025  / , and /  Americas, US

Producers built their net length for both California Carbon Allowance (CCA) and RGGI Allowance (RGA) holdings at the end of 2024, while managed money closed out V24 RGA short positions, data released Monday from the US Commodity Futures Trading Commission (CFTC) showed.

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RGGI Market: RGAs trend downward absent regulatory updates, weather support

Published 00:45 on January 7, 2025  /  Last updated at 00:45 on January 7, 2025  / /  Americas, US

Into the first few trading days of 2025, benchmark RGGI allowances (RGAs) slipped below $24, with traders having “little confidence” in regulatory updates forthcoming in Q1, and barring above seasonal average cold weather heating demand.

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US EPA hands out additional pollution waivers to California ahead of administration change

Published 23:50 on January 6, 2025  /  Last updated at 00:25 on January 7, 2025  / and /  Americas, RINs & LCFS, US

The US EPA on Monday issued final notices for its decision to grant California waivers from federal pollution regulations, allowing the state to enforce stricter emission standards under the Clean Air Act (CAA) before President-elect Donald Trump assumes office later this month.

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International non-profit cusps $10 bln in assets alongside conservation efforts

Published 23:04 on January 6, 2025  /  Last updated at 23:04 on January 6, 2025  / /  Americas, International, Nature-based, US, Voluntary

An international non-profit looking to help reduce or store 3 gigatonnes of CO2 by 2030 is closing in on $10 billion in assets.

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Washington sets stage for first quarterly permit sale of 2025

Published 22:14 on January 6, 2025  /  Last updated at 22:14 on January 6, 2025  / /  Americas, US

Washington state’s Department of Ecology (ECY) released details for its Q1 allowance auction in March that does not include advance sale permits, according to a notice published by the agency on Monday.

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