INTERVIEW: Startup pitches chromium replacement carbon solution for steel industry with potential to earn offsets
A California-based startup is offering the steel industry a new product that it claims can replace a common, but toxic, coating material while cutting manufacturing emissions.
Read MoreEuro Markets: EUAs record biggest weekly rise since May as gas-driven market consolidates gains
European carbon allowances posted the largest weekly increase in nearly six months, advancing 7.5% in five days as prices consolidated the gains made over the previous two sessions in line with gas prices reaching a two-month high, while traders speculated that the recent rally from the €60.00 level may have signalled the bottom of the market for the rest of the year.
Read MoreCanadian financier receives over 1 mln Article 6 credits from Rwandan cookstove project
A Toronto-headquartered carbon project financier announced Friday that it has received a second tranche of more than 1 million Article 6 authorised credits from its Rwandan cookstove project.
Read MoreBRIEFING: Experts advocate for open carbon removal frameworks, too soon to call winners
The overarching frameworks for carbon removals should be as inclusive as possible, even if governments choose to prioritise methods suited to their national circumstances, while different funding streams are needed to match different technology readiness levels (TRL), said experts on a webinar Thursday.
Read MoreBRIEFING: How to derisk the European CCUS value chain
The Net Zero Industry Act (NZIA) and EU ETS combo could unlock European CCUS projects — if public authorities step up to help derisk the value chain, for example through government guarantees.
Read MoreBRIEFING: Singapore, India, and others drive ‘big year’ for Asian voluntary carbon markets
Landmark policy announcements across markets including Singapore, India, and other countries have ensured a “big year” for Asian voluntary carbon markets, according to attendees at the IETA Asia Climate Summit, which took place this week in New Delhi.
Read MoreCOP16: INTERVIEW – South Pole launches habitat bank for Colombian biodiversity compliance market
Carbon project developer and biodiversity crediting entrant South Pole on Friday announced the launch of a restoration-focused ‘habitat bank’ in partnership with Colombian non-profit Salvamontes at COP16 in Cali.
Read MoreUS project developer receives 1.9 mln carbon credits for orphan well plugging
An Oklahoma-based project developer has been issued nearly 1.9 million carbon credits for an orphan oil and gas wells plugging project in the US state.
Read MoreFinal talks on EU’s Green Claims Directive to be delayed until next year
A final agreement on the EU’s proposed Green Claims Directive is likely to be pushed back to next year, according to several European Parliament sources, a decision which voluntary carbon market participants say could extend current uncertainty in the market.
Read MoreGreen Climate Fund approves over $1 billion in fresh funding
The board of the world’s largest dedicated climate fund, the Green Climate Fund, approved more than $1 billion in fresh funding at a meeting this week, it announced Friday.
Read More
