VCM Report: Flurry of CCP offers seen, but voluntary carbon market still quiet

Published 17:17 on June 17, 2024  /  Last updated at 17:17 on June 17, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

Light trading volumes and a slide in carbon credit retirements continued to sap confidence in the voluntary market last week, even before the usual slowdown over the summer holiday season has started.

Read More

RGGI Q2 auction offers slightly higher allowance volumes absent CCR buffer

Published 18:37 on April 9, 2024  /  Last updated at 18:47 on April 9, 2024  / /  Americas, US

The volume of allowances on offer inched up for the second RGGI auction of 2024, with a conspicuous zero balance in the scheme’s Cost Containment Reserve (CCR) that was exhausted at the Q1 sale, a notice showed Tuesday.

Read More

Rewilding offers similar CO2 storage potential to new native woodland -study

Published 15:06 on March 19, 2024  /  Last updated at 15:06 on March 19, 2024  / /  Biodiversity, EMEA, Nature-based, Voluntary

Projects to rewild habitats offer similar CO2 sequestration rates as new native woodland initiatives over a 19-year period, in addition to better biodiversity outcomes, according to a study of an estate in southern England.

Read More

FEATURE: Next wave of orphaned oil and gas wells in the US offers vast methane abatement potential

Published 19:20 on March 13, 2024  /  Last updated at 19:20 on March 13, 2024  / /  Americas, International, US, Voluntary

The next wave of orphaned oil and gas wells is about to crop up in the US, offering significant potential to generate methane abatement credits.

Read More

US DOE offers $425 mln towards clean energy production, decarbonisation in former coal communities

Published 16:46 on March 11, 2024  /  Last updated at 16:46 on March 11, 2024  / /  Americas, US, Voluntary

The US Department of Energy (DOE) announced $425 million in a second round of funding to support clean energy manufacturing, while reducing industrial emissions in former coal communities.

Read More

US DOE offers $30 mln to carbon conversion, capture projects in latest funding opportunity

Published 21:04 on February 29, 2024  /  Last updated at 21:08 on February 29, 2024  / /  Americas, US

The US Department of Energy (DOE) announced Thursday that it will award up to $30 million to carbon conversion and carbon capture projects, the latest in a series of funding opportunities to flow from the agency in recent months.

Read More

Japanese firm offers carbon credits at the pump

Published 07:27 on February 14, 2024  /  Last updated at 07:27 on February 14, 2024  /  Asia Pacific, Japan, Voluntary

A Japanese petroleum supplier is offering its corporate clients to buy carbon credits to offset their petrol and diesel oil.

Read More

US DOE offers up to $100 mln for pilot-testing of carbon removal initiatives

Published 21:27 on February 12, 2024  /  Last updated at 21:36 on February 12, 2024  / /  Americas, US, Voluntary

The US Department of Energy (DOE) announced Monday funding of up to $100 million towards pilot-scale testing in the development of commercially viable CO2 removal technologies.

Read More

London insurer offers product to derisk carbon capture and storage expansion

Published 10:37 on January 29, 2024  /  Last updated at 10:37 on January 29, 2024  / /  EMEA, EU ETS, International, UK ETS, Voluntary

A London-headquartered insurance firm has launched a novel product covering the leakage of CO2 from commercial-scale carbon capture and storage (CCS) facilities, also derisking related carbon credit and compliance permit purchases. 

Read More

Partnership offers pre-insured carbon credits to manage buyer-side risk

Published 17:31 on January 18, 2024  /  Last updated at 17:31 on January 18, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

A carbon credit insurance startup has teamed up with a digital carbon sales platform to offer pre-insured carbon credits, aiming to promote transparency regarding potential risks to buyers in the  voluntary carbon market (VCM).

Read More