Methane offset developer partners with climate tech firm to enhance digital MRV
A US-based company focused on plugging abandoned oil and gas wells has partnered with a climate tech network to bolster the digital MRV and standardisation of environmental data used for carbon credit issuances.
Read MoreMajor US DAC project receives draft CO2 storage permits
The US Environmental Protection Agency (EPA) published three draft CO2 storage permits associated with a large-scale direct air capture (DAC) facility in Texas on Wednesday, the first such authorisations issued in the state.
Read MoreUS ethanol producer secures $205 mln financing in exchange for clean fuel tax credits
A North Dakota-based ethanol producer has secured $205 million through a unique tax equity financing scheme that hinges on transferring its clean energy tax credits to the lender, the company announced Thursday.
Read MoreEuro Markets: Early resilience crumbles as sellers return and push EUAs to six-week low
European carbon allowance prices found support during the morning session, but crumbled on Thursday afternoon amid a resumption in motivated selling, helping to curb gains in power and gas and taking the benchmark EUA contract to a new six-week low late in the session.
Read MoreGold Standard doubles down on engineered carbon removals, consults on activity requirements, reversal risk tool
Voluntary carbon certifier Gold Standard has launched new calls for feedback on engineered carbon removal activity requirements as well as a tool for reversal risk calculations for geological storage.
Read MoreINTERVIEW: Carbon intensity of renewable fuels increasingly factored into contracts
The carbon intensity of renewable fuels is being increasingly factored into contracts, with an expectation that the final price may be adjusted depending on the carbon intensity of the actual energy source delivered, according to a commodity software company.
Read MoreCarbon ratings agency starts to assess risks around ITMO trading
A carbon credit ratings agency is venturing into the assessment of ITMOs and risks that a country may fail to meet its Paris Agreement goals.
Read MoreEthiopia moves to develop national carbon market strategy
Ethiopia’s planning and development ministry, working with a UN capacity-building programme, is looking to craft a comprehensive framework for international carbon markets engagement, including participation in Article 6 carbon trading under the Paris Agreement.
Read MoreUPDATE – France appoints European Green Deal champion as new prime minister
Michel Barnier, a former EU commissioner and early champion of the European Green Deal, has been appointed French prime minister.
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