US DOE awards up to $1.5 mln to Canadian CCS developer for pulp mill carbon capture study

Published 13:06 on January 31, 2025  /  Last updated at 13:06 on January 31, 2025  / /  Americas, Canada, US, Voluntary

The US DOE has selected a Canadian carbon capture and storage (CCS) developer for a cost-sharing deal of up to $1.5 million to study CO2 capture at an Arkansas pulp site, the British Columbia-based firm said this week.

Read More

UPDATE – Climate Action Reserve opens second public consultation on Mexico forest carbon protocol

Published 11:18 on January 31, 2025  /  Last updated at 19:34 on January 31, 2025  / /  Americas, Mexico, Nature-based, US, Voluntary

US-based carbon standard Climate Action Reserve (CAR) has opened a second public consultation on proposed updates to its Mexico Forest Protocol Version 3.0 (MFP V3.0), seeking to clarify and strengthen requirements for project eligibility, monitoring, and verification.

Read More

WCI Markets: “Skittish” CCAs briefly sniff sub-$30

Published 02:28 on January 31, 2025  /  Last updated at 02:28 on January 31, 2025  / and /  Americas, Canada, US

Benchmark California Carbon Allowances (CCAs) traded below $30 for the first time in nearly two years as rulemaking uncertainty continued to weigh on the market, while earlier-dated Washington Carbon Allowances (WCA) lost more ground this week.

Read More

North Dakota Senate considers low carbon fuel fund to pave way for SAF production

Published 01:14 on January 31, 2025  /  Last updated at 01:14 on January 31, 2025  / /  Americas, Aviation/CORSIA, RINs & LCFS, US

North Dakota’s legislature will consider a bill that promotes carbon capture and storage (CCS) to allow ethanol producers to lower their carbon intensity (CI) and qualify for sustainable aviation fuel (SAF) production credits.

Read More

US transportation secretary rescinds emissions reductions mandate for highways

Published 23:58 on January 30, 2025  /  Last updated at 00:51 on January 31, 2025  / /  Americas, US

State transportation departments will no longer be required to establish highway emissions reductions targets, according to measures taken by the new US transportation secretary on Wednesday.

Read More

Microsoft, US carbon project developer sign offtake deal for 7 mln ARR credits

Published 18:19 on January 30, 2025  /  Last updated at 18:19 on January 30, 2025  / /  Americas, Nature-based, US, Voluntary

A New York City-based carbon project developer has signed an offtake agreement to deliver 7 million afforestation, reforestation, and revegetation (ARR) credits to the tech giant over 25 years, according to a Thursday press release.

Read More

Washington state lawmakers introduce livestock methane emissions reporting legislation

Published 16:45 on January 30, 2025  /  Last updated at 16:45 on January 30, 2025  / /  Americas, US

Democratic lawmakers in Washington’s House of Representatives introduced legislation earlier this month to require farmers to submit annual methane emission reports for livestock.

Read More

BRIEFING: Pre-arranged finance for disaster response is key to climate resilience, say experts

Published 14:28 on January 30, 2025  /  Last updated at 14:28 on January 30, 2025  / /  Americas, Asia Pacific, EMEA, International, US

Anticipating climate crises before they happen and pre-arranging finance for disaster response will lessen the economic impact and improve the ability to respond to the effects of climate change in a fair and equitable manner, experts have said.

Read More

Energy transition investment grows 11% to record $2.1 trillion in 2024 -report

Published 09:01 on January 30, 2025  /  Last updated at 00:59 on January 30, 2025  / /  Americas, Asia Pacific, China, EMEA, International, US

Global energy transition investment surpassed $2 trillion for the first time, led by China, which is investing at more than twice the rate of any other economy, according to a new report published Thursday.

Read More

ARB bi-weekly offset issuance cycle passes without new additions

Published 01:13 on January 30, 2025  /  Last updated at 17:10 on January 30, 2025  / and /  Americas, US

California issued no new compliance-grade offsets for the second bi-weekly distribution of the year, data published by the state regulator ARB Wednesday showed.

Read More