Industry lawsuit challenges California ARB’s zero emissions forklift regulation
An industry association last week filed a lawsuit against California’s regulator ARB for its decision to approve a new set of rules that mandates emissions reduction from forklifts operated in the state.
Read MoreCanadian Atlantic province’s forests emit more carbon than captured after tropical storm
Forests in an Atlantic province in Canada are currently releasing more carbon than they sequester after a major tropical storm two years ago, according to a government report published Tuesday.
Read MoreColombia to auction ETS allowances in 2025 -media
The Colombian government is planning to host the first auction of ETS allowances next year, according to multiple local media sources.
Read MoreAgri-PV could triple clean energy production in Central Europe, study finds
Central Europe has the potential to triple its clean energy production by integrating solar panels with food crops, bringing benefits to the farmers willing to adopt the technology, according to a study published on Thursday.
Read MoreIncrease cap-and-trade stringency, says Quebec gov’t advisory committee
More ambitious changes are needed to Quebec’s carbon market to meet climate goals, including amendments to compliance periods, use of offsets, and free allocations, says a report commissioned by the provincial government.
Read MoreBrazil development bank approves nearly $29 mln for Amazon reforestation
A Brazilian project developer has received R$160 million ($28.8 mln) in financing from the country’s national development bank to support reforestation projects in the Amazon.
Read MoreArgentine oil and gas province seeks net zero via carbon markets
An Argentine province known for its reliance on extractive industries hosted a carbon markets seminar this week, aiming to leverage offsets to help achieve net zero emissions alongside oil and gas development.
Read MoreKey Asian banks see progress in establishing decarbonisation pathways, but more action needed
Banks in Japan, Singapore, and South Korea have made strides in developing decarbonisation strategies and establishing climate-related objectives, but more decisive action is needed to align with global climate commitments, a report has found.
Read MoreUS awards further $15 mln for small landowner access to climate markets
A US federal department announced Wednesday that it is awarding $15 million to nine projects aimed at helping under-served and small-acreage landowners to access emerging climate markets.
Read MoreEuro Markets: EUAs decline 1% despite late gas price spike after COT data shows funds cutting shorts further
EU carbon allowance prices gave up early gains and ended the day 1% lower after weekly positioning data showed investment funds further reducing their bearish bets and a rise in hedging related to coal-fired power generation, before rallying briefly in the afternoon after erroneous reports of an outage at a major US LNG plant triggered a momentary spike in natural gas prices.
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