US-based exchange to launch Alberta TIER carbon futures next week

Published 00:56 on September 10, 2024  /  Last updated at 00:56 on September 10, 2024  / /  Americas, Canada, RINs & LCFS, US, Voluntary

A North American environmental commodities exchange announced Monday that it will next week launch futures contracts for Alberta Technology Innovation Emission Reductions (TIER) credits, as well as a suite of new renewable energy credit (REC) trading products.

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Brazilian oil company, agricultural research organisation to cooperate on raw materials for biofuels

Published 00:30 on September 10, 2024  /  Last updated at 00:30 on September 10, 2024  / /  Americas, Nature-based, RINs & LCFS, South & Central, Voluntary

A Brazilian oil company and agricultural research organisation have signed a cooperation agreement to develop technical studies on renewable raw materials for low-carbon products, including biofuels.

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Fewer than one third of large corporate emitters have long-term climate targets aligned with 1.5C

Published 00:01 on September 10, 2024  /  Last updated at 09:01 on September 6, 2024  / /  International, Voluntary

Just 30% of the world’s biggest corporate emitters have climate targets for 2050 aligned with 1.5C, while the credibility of those set is often unclear, according to new analysis published on Tuesday.

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Researchers use AI, satellite images to enhance forest carbon mapping

Published 23:39 on September 9, 2024  /  Last updated at 23:39 on September 9, 2024  /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Researchers have made advances in estimating forest carbon stocks by using artificial intelligence (AI) and satellite imagery, potentially transforming efforts to monitor and manage forest carbon globally.

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Global chemical company completes fourth divestiture in sale of methanol business

Published 22:42 on September 9, 2024  /  Last updated at 22:42 on September 9, 2024  / /  Americas, Canada, EMEA, US, Voluntary

A European-headquartered chemical company on Monday announced a $2.1 billion deal to sell its methanol subsidiary, completing its fourth divestment in the last 10 months.

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Carbon removal platform restructures, appoints CEO

Published 20:08 on September 9, 2024  /  Last updated at 20:08 on September 9, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

A carbon removal data platform has announced it has become a Public Benefit Corporation (PBC) and brought in a new CEO.

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Govt departments need to work better together for success in Article 6, says Ghana

Published 19:56 on September 9, 2024  /  Last updated at 19:56 on September 9, 2024  / /  Africa, EMEA, International, Paris Article 6, Voluntary

Countries hoping for success in Article 6 need to design government departments to work better together, a key figure in the development of Ghana’s Article 6 framework said on Monday.

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Qatar-based carbon registry announces large issuance to South American renewables project

Published 19:44 on September 9, 2024  /  Last updated at 19:44 on September 9, 2024  / /  Americas, EMEA, Middle East, South & Central, Voluntary

A carbon registry headquartered in Qatar has announced its first issuance of 800,000 units to a South American renewable energy project.

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DATA DIVE: Half of voluntary carbon credits retired this year are at least five years old

Published 18:07 on September 9, 2024  /  Last updated at 18:07 on September 9, 2024  / /  Americas, Asia Pacific, Data Dive, EMEA, International, Nature-based, Voluntary

Half of credits retired from the four main registries of the voluntary carbon market this year are at least five years old, according to new data analysis from Carbon Pulse.

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Portugal reinstates carbon tax as it seeks EU-recommended emission cuts -media

Published 17:51 on September 9, 2024  /  Last updated at 17:51 on September 9, 2024  / /  EMEA, EU ETS

The Portuguese government has unfrozen a tax on CO2, previously suspended, in an attempt to reduce its greenhouse gas emissions and obey recommendations by the European Commission, national media reported on Monday.

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