US DOE churns near $14 mln funding for products from chemical, refinery CO2 emissions
The US DOE announced $13.7 million in available federal funding on Thursday to advance CO2 conversion from chemicals production and petroleum refining into usable products, adding to a string of awards since the start of the year.
Read MoreEnvironmental group drops lawsuit over $1 bln DOE loan to California nuclear plant
An environmental group suing the US DOE over a $1 billion loan to a nuclear plant voluntarily dropped the case Wednesday, saying that recent legislation by the state of California rendered the case moot.
Read MoreInaugural $500-mln bond for climate action hugely oversubscribed
An inaugural bond for climate action has raised $500 million from largely EMEA-based investors in a round that was over six times oversubscribed.
Read MoreFEATURE: As US investors quit climate alliances, attention turns to shareholders
US financial institutions say they will stick with their climate commitments despite quitting international net-zero alliances — but the loss of oversight and transparency provided by the alliances puts more pressure on policymakers and shareholders to ensure that promises are fulfilled.
Read MoreAsset manager cross-lists ETC tracking cap-and-trade carbon allowances
A US asset management firm has launched a carbon exchange-traded commodity (ETC) on the London Stock Exchange that offers broad coverage of cap-and-trade carbon allowances.
Read MoreCARBON FORWARD MIDDLE EAST: Voluntary carbon market faces fresh risk in light of “woke” label in US
A new political landscape for climate policy in the US, set to dominate following President-elect Donald Trump’s inauguration next week, could jeopardise the revival of the voluntary carbon market (VCM) in 2025, a conference heard Thursday.
Read MoreDeveloping different types of CDR can help cut costs for net zero emissions -report
Expanding carbon removal (CDR) portfolios to include a variety of technologies and nature-based solutions can cut costs, reduce reliance on land-intensive methods, and address energy and logistical challenges, a new study has found.
Read MoreIndian firm sells credits to Google in “world’s biggest biochar deal”
An Indian biochar firm has agreed to sell 100,000 carbon dioxide removals (CDR) credits to technology giant Google, in what it dubbed the “world’s largest industrial biochar offtake agreement”, in an announcement on Thursday.
Read MoreNuclear resurgence locked and loaded as SMRs lead the way to a new finance era -IEA
Nuclear energy is set to see a resurgence for a complex conflagration of drivers including decarbonisation plans coupled with the need for reliable baseload power, new electricity demand from the computing sector, nations’ interest in energy self-sufficiency, and a projected fall in costs for new types of nuclear energy like small modular reactors (SMRs), according to the International Energy Agency (IEA).
Read MoreBRIEFING: Changing policy landscape could cloud California’s LCFS outlook
Potential shifts in emissions policies anticipated in part under the new incoming US federal administration, could impact longer term results of California’s Low Carbon Fuel Standard (LCFS) scheme, market observers said at a conference Wednesday, while near-term litigation looms large.
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