National Audubon Society, US grassland projects developer team up for carbon crediting programme
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.
Read MoreCarbon removals buyers’ group signs $49 mln offtake deal with Swedish energy firm
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.
Read MoreINTERVIEW: ‘I don’t mind going first,’ says co-author of Vermont’s landmark ‘Climate Superfund’ law
Vermont is prepared to implement and defend in court its first-in-the-nation “Climate Superfund” law, even if it must go it alone, one of the lead sponsors of the legislation told Carbon Pulse.
Read MoreMicrosoft buys 8 mln nature-based carbon credits in world’s largest removals offtake deal
Tech giant Microsoft has inked another large voluntary carbon deal worth 8 million nature-based credits through 2043, it announced Tuesday, considered the largest offtake transaction for removals to date.
Read MoreIndigo Ag sells its largest ever block of voluntary credits to tech giant
US agtech firm Indigo Ag said it has secured its largest ever delivery of credits in one single transaction to a tech buyer eager to enrich its credit portfolio.
Read MoreCalifornia watchdog discusses price uncertainty of cap-and-trade as formal rulemaking nears
Recent public workshops and literature published by California regulator ARB demonstrate significant uncertainty in the price pathway forward for the state’s cap-and-trade scheme, while legislative developments could also complicate programme extension, the state’s carbon market watchdog said Monday.
Read MoreRGGI Market: Traders wary of a price plunge after RGAs set new highs
Market participants expressed trepidation over the possibility of a dive in RGGI Allowance (RGA) values after prices retreated from their peaks at the end of the week.
Read MoreNYCI electricity coverage, facility-specific caps could protect disadvantaged communities and prevent leakage -report
A report published Monday by a US-based nonprofit found that obligating the electricity sector and including facility-specific caps under New York’s future cap-and-invest programme (NYCI) – which is set to exclude the use of offsets – would help to reduce leakage and protect disadvantaged communities (DACs) from the adverse effects of greenhouse gas (GHG) emissions.
Read MoreGlobal credit market could slash costs of ocean conservation by 98%, study says
Establishing a voluntary market-based scheme that allows countries to trade ocean conservation credits could reduce the costs of marine protection by up to 98%, incentivising governments to achieve their biodiversity targets, a paper has said.
Read MoreVoluntary carbon project developer shuts down, lays off remaining staff -media
An ocean carbon removal project developer has shut down and abruptly laid off all remaining staff on Friday, local media reported, as the firm said it has suffered from a collapse in voluntary carbon prices.
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