CCS project vetoed in Australia over water pollution concerns
A Glencore pilot carbon capture and storage project was knocked back by the Queensland state government Friday over what it said were serious environmental concerns, shutting the door to any further CCS projects in the area.
Read MoreEquatic unveils ISO-certified MRV methodology for ocean-based carbon removals
Equatic, in partnership with EcoEngineers and the International Organization for Standardization (ISO), has launched a new MRV methodology for electrolytic ocean-based CO2 removals.
Read MoreEuropean oil firm inks $90-mln jurisdictional REDD+ deal with Ghana
A European oil firm has agreed to spend around $90 million to purchase as many as 10 million carbon credits from nature-based carbon projects in Ghana as part of a jurisdictional REDD+ deal.
Read MoreGreenCollar walks away from Australian integrated farm land management method development
Australia’s largest carbon project developer, GreenCollar, has resigned from co-chairing the industry working groups developing the integrated farm land management (IFLM) method due to losing confidence in the process, a spokesperson told Carbon Pulse.
Read MoreNZ environment commissioner calls for forestry to be removed from ETS
The New Zealand commissioner for the environment has joined a growing list of bodies calling for forestry to be removed from the country’s emissions trading scheme.
Read MoreWCI Markets: CCAs rally post-auction, WCAs remain illiquid
California Carbon Allowance (CCA) prices rallied through the rescheduled Q2 auction as market participants looked to the forthcoming cap-and-trade workshop, while Washington Carbon Allowance (WCA) prices gained on significantly smaller volumes than the week prior.
Read MoreRGGI allowance surplus grew in 2023, report shows
The RGGI carbon market saw its permit bank surplus expand slightly in 2023, according to a report published Thursday.
Read MoreUS court green lights oil major’s case against investor-driven climate action
A US federal judge on Wednesday dismissed a request from an investment advisory firm to halt an oil major’s lawsuit against shareholders over their calls for stronger climate targets.
Read MoreRepublican state AGs ask US Supreme Court to prohibit fossil fuel damages lawsuits
A group of 19 US Republican state attorneys generals (AGs) filed a petition Wednesday asking the nation’s highest court to prohibit efforts by Democratic-led states to hold oil producers financially liable for the climate impacts of fossil fuels.
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