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DATA DIVE: How climate philanthropy became major driver behind carbon removal boom
The past five years have seen philanthropic giving towards the carbon dioxide removal (CDR) industry soar, with foundations becoming a major force getting innovative projects off the ground. Read MoreTop
INTERVIEW: Aviation sector needs to look at ways to cut carbon now, while waiting for emissions-free planes to launch
Hydrogen fuel cell planes may not hit the market until the late 2040s, which means the aviation sector will have to adopt other measures to reduce emissions, such as increasing energy efficiency or redesigning airspace, according to a developer of the technology. Read MoreTop
FEATURE: European climate NGOs face bleak future as funding dwindles
European climate advocacy groups are worried about their future — and the future of the causes they care about — as their government funding dries up and public backlash rises. Read MoreTop
Canada publishes new proposed environmental claims guidelines
The Canadian government published Monday new proposed guidelines intended to help businesses determine whether their environmental claims are compliant with national law. Read MoreTop
BRIEFING: EU vows to "stay the course" on climate, while making plans to slash red tape by 25%
The European Commission’s upcoming ‘Competitiveness Compass’, due in January, will pave the way for streamlining corporate sustainability reporting obligations in Europe by putting it all “in one place”, EU officials have indicated. Read MoreTop
RGGI Market: RGAs hold above $23 ahead as holiday lull starts to set in
RGGI allowances (RGAs) continued to hold above the $23 threshold as market activity dampened heading into the holiday season. Read MoreTop
California power emissions drop in November as renewables and natural gas recede, imports climb
California electricity sector emissions fell year-on-year (YoY) in November as the share of generation from renewables and natural gas decreased while imports increased, data published Thursday by the state's grid operator showed. Read MoreTop
2025 to be year of uncertainty for energy markets -outlook report
An outlook report indicates that 2025 will be a year marked by more uncertainty for energy markets than any year since the pandemic as conflicts in Ukraine and Gaza remain unresolved and geopolitical rivalry between China and the West ratchets up. Read MoreTop
US marine CDR bill would offer $2.5 bln across federal agencies
Four bipartisan members of the US Congress introduced new legislation focused on developing federal programmes for marine carbon dioxide removal (mCDR) over the next decade, which would appropriate more than $2.5 billion among various agencies. Read MoreTop
Colorado toughens midstream GHG restrictions
Colorado regulators added further restrictions on natural gas facilities while keeping an eye on how that would impact the development of a carbon credit trading system. Read MoreTop
US renewable fuels producer to retire 19 mln RINs as part of bankruptcy settlement
A Texas-based renewable fuels company has reached a settlement in its ongoing bankruptcy case with the US government, agreeing to retire nearly 19 million Renewable Identification Numbers (RINs) to meet its previous obligations. Read MoreTop
California diesel sales rise YoY in September, gasoline use continues to fall
California diesel consumption in September inched up year-over-year (YoY), rising for the fifth month this year, while gasoline volumes continued their long-standing YoY, state data published Monday showed. Read MoreTop
VCM Report: Boost from smaller carbon registries keeps credit retirements set for annual record
Retirements of voluntary carbon credits remained high last week across the big four registries, which saw the gap continue to narrow to last year’s record total, but other, smaller organisations have seen volumes grow, putting 2024 on course to hit a fresh annual high. Read MoreTop
UK universities introduce hydrochar with £100/t capture potential
Two UK universities last week announced an advanced form of hydrochar that could remove 30 million tonnes of CO2 per year globally by 2030 at £100 per tonne. Read MoreTop
