South Dakota Supreme Court reverses lower court decisions on CO2 pipeline
South Dakota’s highest court reversed prior rulings made by two lower circuit courts in support of a major CO2 pipeline construction, jeopardising the project’s development in the state.
Read MoreUS-led initiative outlines how corporates can decarbonise value chains
A US-led carbon crediting programme published a brief last week detailing how its credits can be used in corporate climate strategies.
Read MoreSpeculator migration to 2025 extends in CCAs, compliance keeps building RGGI net length
Financial players continued to migrate to V25 California Carbon Allowance (CCA) holdings over another week, while compliance demand for RGGI Allowances (RGAs) extended as prices surged to new record highs, according to weekly data from the US Commodity Futures Trading Commission (CFTC).
Read MoreEuro Markets: EUAs post 1.9% weekly drop as sellers remain in charge, while gas falls 7.5%
European carbon allowance prices fell for a fourth day in a row on Friday, posting a weekly loss of 1.9%, as selling interest continued to out-muscle buyers even as the market shadowed movements in natural gas, which posted a 7.5% weekly decline.
Read MoreEuropean banks penalise polluting companies with higher interest rates -report
European banks charge a higher interest rate to firms with elevated carbon emissions and a lower rate to those that commit to reducing their climate impact in the future, finds a new report.
Read MoreZimbabwe evaluates voluntary carbon credit potential in industrial hemp farming
Government stakeholders and private sector representatives met in Harare, Zimbabwe this week to discuss strategies to generate carbon credits from hemp production, according to local media.
Read MorePlastic credits can support rollout of extended producer responsibility schemes, says Verra
Plastic credits can support the implementation of extended producer responsibility (EPR) schemes in emerging markets and developing economies (EMDEs), according to a new report by carbon standard Verra.
Read MoreDRC confirms withdrawal plans for oil exploration in key peatland, forest carbon areas
The Democratic Republic of Congo (DRC) has stepped back from plans to auction oil concessions on protected areas in the Congo Basin with carbon project potential, according to a press release.
Read MoreChina opens window for CCER project registration
China has begun accepting applications for carbon projects under the national offset programme, with participants expecting new credits to be issued by the end of the year.
Read MoreSweden launches BECCS auction with $3.4 bln grants available
Sweden has launched its bioenergy with carbon capture and storage (BECCS) auction, allocating 36 billion SEK ($3.4 bln) in grants over 15 years of storage.
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