Protectionist measures could impact global demand for US biofuels -panel

Published 00:57 on September 19, 2024  /  Last updated at 00:57 on September 19, 2024  / /  Americas, Canada, EMEA, International, RINs & LCFS, US

With the glut of renewable diesel (RD) supply in the US, producers are eyeing fresh opportunities for new demand abroad, with domestic production further incentivised by an upcoming production tax credit.

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US ban on Chinese UCO would ‘disincentivise’ foreign LCFS programmes -panel

Published 00:43 on September 19, 2024  /  Last updated at 00:43 on September 19, 2024  / /  Americas, RINs & LCFS, US

Biofuel producers warned Tuesday against a US ban on used cooking oil (UCO) imports from China, arguing that a ban would disincentivise foreign biofuel-producing nations from creating mandates to decrease emissions of transportation fuels through Low Carbon Fuel Standard (LCFS) regulations.

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Progress in global climate governance threatened by major inequality among nations, new research warns

Published 00:37 on September 19, 2024  /  Last updated at 00:37 on September 19, 2024  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Other APAC, South & Central, US

A new study has unveiled stark inequalities in global climate governance, highlighting that the most influential countries in climate negotiations bear far fewer consequences from climate-related disasters than those with less influence.

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Decarbonisation funding from US private sector slows -Treasury official

Published 00:35 on September 19, 2024  /  Last updated at 01:05 on September 19, 2024  / /  Americas, US

Investment from the US private sector towards decarbonisation has slowed since 2022, a US treasury official said Wednesday, calling on firms to finance technologies to reduce emissions from the shipping and industrial sectors.

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Alberta TIER emissions rise as usage of offsets, EPCs for compliance reaches all-time high in 2023

Published 00:26 on September 19, 2024  /  Last updated at 02:02 on September 19, 2024  / /  Americas, Canada, Voluntary

Higher emissions in 2023 under Alberta’s Technology Innovation and Emission Reduction (TIER) programme resulted in increased usage of offsets and emission performance credits (EPCs), according to a compliance report published Monday.

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Global solar installations smash expectations, rising almost a third year-on-year

Published 00:01 on September 19, 2024  /  Last updated at 16:53 on September 18, 2024  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, South Korea, Switzerland, US

Global solar installations exceeded most industry forecasts in 2024, with 593 GW expected to be added by the end of the year, according to analysis by a global energy think tank.

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Ocean carbon sink vital for both climate health and global wealth, new research finds

Published 23:57 on September 18, 2024  /  Last updated at 23:57 on September 18, 2024  /  Americas, Asia Pacific, China, EMEA, International, Nature-based, Other APAC, US, Voluntary

The ocean’s ability to absorb CO2 is not only vital for mitigating climate change, but also crucial for enhancing global wealth and reducing the cost of national climate policies, according to a new study.

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BRIEFING: Brazilian voluntary carbon market will support, not drive, race to net zero

Published 23:28 on September 18, 2024  /  Last updated at 23:35 on September 18, 2024  / /  Americas, International, Nature-based, South & Central, Voluntary

Brazil’s voluntary carbon market (VCM) will play a role in mitigation efforts if it is able to attract large-scale investment – but even then, it may not channel sufficient climate finance and reduce enough emissions to be an engine of net zero on either a global or national scale.

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Airline passengers willing to pay extra 11% to offset flight emissions, survey finds

Published 22:58 on September 18, 2024  /  Last updated at 23:00 on September 18, 2024  /  Aviation/CORSIA, International, Voluntary

Airline passengers are increasingly willing to accept additional costs and time commitments to reduce the environmental impact of their flights, for example paying an extra 11% for offsets, according to a new survey.

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ACX, Brazilian stock exchange launch domestic carbon registry

Published 21:32 on September 18, 2024  /  Last updated at 21:32 on September 18, 2024  / /  Americas, Nature-based, South & Central, Voluntary

A new registry launched Wednesday for Brazilian carbon projects, announcing its first transaction at the Brazil Climate Summit in New York.

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