ARB tempers offset issuance, continues to lag behind 2023 totals
California regulator ARB reduced its compliance-eligible offset issuances over the latest two-week period, reversing course from the trend of growing distributions seen in past periods.
Read MoreMajor airline finalises deal to purchase carbon removals
A major airline has finalised a deal to purchase CO2 removal (CDR) credits as the hard-to-abate sector ramps up efforts to meet net zero emission targets.
Read MoreYucatan releases guidelines for nature-based carbon project developers
Mexico’s Yucatan released guidelines Wednesday detailing best practices for developing voluntary carbon market (VCM) projects within the state, placing a heavy emphasis on ensuring that local communities and ejidos are the primary beneficiaries of nature-based projects.
Read MoreDAC developer signs $3 mln engineering agreement for Louisiana project
A direct air capture (DAC) developer on Wednesday announced a $3 million phased commercial agreement with global partners to launch engineering studies and potentially supply CO2 removal (CDR) credits from a Louisiana project.
Read MoreAlberta invests C$2.8 mln to design waste-to-energy with CCS prototype
Alberta is investing C$2.8 million ($2.1 mln) to help design a municipal waste-to-energy facility with a carbon capture addition, the provincial government announced Tuesday.
Read MoreIowa politicians ramp up opposition to CO2 pipeline
County supervisors in Iowa on Tuesday condemned the use of eminent domain for a proposed CO2 pipeline, while state Republicans announced plans to challenge the project’s approval.
Read MoreUPDATE – Second lowest clearance ever at Washington’s Q3 allowance sale
Washington’s Q3 current vintage auction settled nearly $3 below front-month futures prices in the secondary market the day prior to the sale, with buyers recoiling from the uncertainty surrounding the future of the state’s carbon market.
Read MoreGermany unveils long-awaited tender plans for new gas power plants
The construction of 5 GW and modernisation of 2 GW of “hydrogen-ready” gas power plants could start being put out to tender in Q1 2025, the German government announced with a consultation launched on Wednesday.
Read MoreANALYSIS: Talk isn’t cheap at the US presidential debate, as perceived risks shape compliance carbon markets
The first high-stakes US presidential debate between a swapped Democratic nominee and a Republican contender barely addressed environmental policy, yet some traders are factoring in potential volatility in compliance carbon markets before and after the November elections, adjusting positions based on perceived risks or opportunities.
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