Biorefinery firm finalises CCS agreements for its Nebraska facilities

Published 00:40 on June 20, 2024  /  Last updated at 00:40 on June 20, 2024  / /  Americas, Aviation/CORSIA, RINs & LCFS, US, Voluntary

A US biorefinery firm on Tuesday announced it has finalised agreements and equipment orders to deploy carbon capture and storage (CCS) with a 1.2 million tonne capacity at its Nebraska plants.

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Veteran North American carbon, energy trader joins European utility

Published 23:50 on June 19, 2024  /  Last updated at 23:50 on June 19, 2024  /  Americas, Bavardage, Canada, EMEA, US

A veteran North American carbon and energy sales trader has joined one of Europe’s largest utilities.

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Petitioners request US federal appeals court to rescind SEC climate disclosure rules

Published 23:17 on June 19, 2024  /  Last updated at 23:17 on June 19, 2024  / /  Americas, US

Opponents of the US Securities Exchange Commission’s (SEC) climate disclosure rules have asked a federal appeals court to revoke the regulation altogether, just months after the agency issued a stay to resolve mounting legal challenges.

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Funds sue CME in multi-million dollar lawsuit due to voluntary carbon product changes in wake of CORSIA decision

Published 17:43 on June 19, 2024  /  Last updated at 09:49 on June 21, 2024  / /  Americas, Aviation/CORSIA, International, US, Voluntary

The change in credits eligible for the current phase of CORSIA, the UN’s international aviation offsetting scheme, compared to its pilot, has triggered a $155.4 mln lawsuit against CME Group after it altered eligibility for its GEO futures contract.

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US foundation allocates over $33 mln to restore longleaf pine forests

Published 16:31 on June 19, 2024  /  Last updated at 16:31 on June 19, 2024  / /  Americas, Biodiversity, US

A US-headquartered foundation has announced the allocation of $33.5 million in grants to finance the conservation and restoration of longleaf pine forests in eight southern states.

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Forest carbon coalition partners with MRV tech firm

Published 12:45 on June 19, 2024  /  Last updated at 12:45 on June 19, 2024  / /  Americas, Nature-based, US, Voluntary

A recently-launched coalition has partnered up with a digital monitoring, reporting, and verification (dMRV) provider as it looks to develop its new forest carbon standard.

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Fuelled by California’s LCFS, US renewable diesel growth is shifting global feedstock market -report

Published 23:55 on June 18, 2024  /  Last updated at 23:55 on June 18, 2024  / /  Americas, Asia Pacific, Canada, EMEA, RINs & LCFS, US

California’s Low Carbon Fuel Standard (LCFS), followed by federal incentives for biomass-based fuels production, has spurred renewable diesel (RD) production in the US and consequently transformed the global feedstock trade landscape, according to the country’s Department of Agriculture (USDA).

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US forest carbon firms extend IFM collaboration to northeastern US

Published 23:24 on June 18, 2024  /  Last updated at 23:24 on June 18, 2024  /  Americas, Nature-based, US, Voluntary

Two US forest carbon firms have announced the expansion of their successful collaboration into the northeastern region of the US, targeting over 200,000 landowners with forestlands ranging from 40 to 5,000 acres.

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National Audubon Society, US grassland projects developer team up for carbon crediting programme

Published 22:53 on June 18, 2024  /  Last updated at 22:53 on June 18, 2024  / /  Americas, Nature-based, US, Voluntary

A wildlife habitat initiative from the National Audubon Society (Audubon) and a Texas-based grasslands carbon project developer announced Tuesday a partnership to establish a carbon crediting programme for landowners who implement regenerative land management practices.

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Carbon removals buyers’ group signs $49 mln offtake deal with Swedish energy firm

Published 18:45 on June 18, 2024  /  Last updated at 14:24 on June 19, 2024  / /  Americas, EMEA, Nature-based, US, Voluntary

A corporate CO2 removals (CDR) buyers’ club and a Stockholm-based energy firm announced Tuesday a $48.6 million offtake agreement for credits from a commercial-scale CDR retrofit on a biomass-fueled district heating facility.

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