EU emerges as rule-setter in carbon removals, as US shifts to state-led policy -report
The EU is set to shape global carbon removal (CDR) governance through its upcoming certification framework, while momentum in the US is shifting toward state-level policies amid federal uncertainty, according to a new report.
Read MoreMicrosoft buys carbon removal credits from reforestation across US coal mining lands
Tech giant Microsoft is continuing its shopping spree, with a deal to buy 1.4 million tonnes worth of carbon removal (CDR) credits from reforestation projects in US coal mining lands, it announced on Monday.
Read MoreINTERVIEW: The scientist who found US LNG exports to be dirtier than coal is still waiting for a substantial critique
The American scientist who grabbed headlines last year by declaring that emissions from US LNG exports are worse than coal is surprised at the lack of peer-reviewed pushback he’s received so far — with most criticism until now coming from industry representatives that don’t make their data publicly available.
Read More“Tariffs in disguise”: EU CBAM sparking plethora of new green trade barriers
The EU’s Carbon Border Adjustment Mechanism (CBAM) is giving rise to a plethora of copycats around the world that are really meant as tariffs, according to an expert consultant who warned about “a nightmare” when it comes to implementation.
Read MoreWashington discusses electric utlitity allocation adjustments under cap-and-trade programme for 2026
Washington’s Department of Ecology (ECY) on Thursday detailed its initial considerations related to no-cost allowance allocations for electric utilities under the state’s cap-and-trade programme as it prepares to finalise adjustments by October this year.
Read MoreWCI Markets: Lawmakers’ support for ETS extension boosts CCAs, but scepticism lingers
A joint statement released by California’s governor and lawmakers supported California Carbon Allowance (CCA) prices that were dampened after the federal government announced intent to terminate state-level ETS, but overall market sentiment remained wary in the absence of clarity surrounding the future of the scheme.
Read MoreCalifornia power sector emissions again hit historic lows in February as renewables gain generation share, natural gas declines
California’s power sector CO2 emissions in February once again set a record low for the month as the share of renewables increased and the state cut back on the power resources used overall, state data published Thursday showed.
Read MoreUS agtech firm approaches 1 mln credits issued in fourth carbon crop
A US-based agtech firm has completed its fourth carbon crop, which more than doubles its post-buffer pool offset supply and brings its total volume of carbon credits issued to nearly 1 million, the company said Wednesday.
Read MoreUPDATE – ANALYSIS: Headline risk from potential federal legal action to stymie US compliance markets
Traders expect volatility and unsettled US compliance carbon markets under the looming overhang threat of federal action via several potential legal avenues seeking to terminate state-run ETS schemes following guidance from the White House.
Read MoreSoil carbon project developer secures USDA support after exceeding programme benchmarks
A soil carbon project developer has secured continued support from the US Department of Agriculture (USDA) after exceeding all key benchmarks set under the agency’s Advancing Markets for Producers (AMP) initiative.
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