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Panelists agree on need for more US federal regulation of VCM, but split on extent
A panel of experts agreed on the need for increased federal regulation of the relatively young voluntary carbon market (VCM), but expressed different views on how and to what extent US authorities should tackle the VCM, in a webinar Thursday.
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Green group sues US DOE for funding California’s Diablo Canyon nuclear power plant extension
A network of green groups has filed a lawsuit against the US Department of Energy (DOE) claiming that the agency’s decision to fund the Diablo Canyon nuclear plant extension in California was based on a faulty environmental review.
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Danish energy giant extends reach into Australia solar and battery market
The post Danish energy giant extends reach into Australia solar and battery market appeared first on RenewEconomy.
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Integrity Council approves three voluntary carbon programmes for CCP eligibility
Gold Standard, ACR, and Climate Action Reserve (CAR) have been given the green light by the governing board of the Integrity Council for Voluntary Carbon Markets (ICVCM) for their crediting programmes to be considered for the Core Carbon Principles (CCP) label, while Verra, ART TREES, Social Carbon, and Isometric will be assessed by May at the latest.
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WCI Markets: CCA market awaits ARB as WCAs continue to rally on small volumes
California Carbon Allowances (CCA) saw a modest gain over the Mar. 28-Apr.3 period, as market participants await forthcoming developments on cap-and-trade rulemaking from regulator ARB, while Washington Carbon Allowances (WCA) continued to rally on small volumes.
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UNFCCC calls for Brazil to improve accuracy of REDD+ reporting
Experts at the UNFCCC have completed technical checks on Brazil’s higher submission of avoided emissions from forestry protection, recommending several improvements in the accuracy of REDD+ reporting, including mapping tree cover every two years.
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“Every watt counts:” Labor hones in on household demand in new energy performance strategy
The post “Every watt counts:” Labor hones in on household demand in new energy performance strategy appeared first on RenewEconomy.
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California regulator ARB proposed cutting Scope 3 requirements from climate disclosure bill, document reveals
California regulator ARB recommended excluding supply chain emissions from the corporate climate disclosure law as it was being negotiated last year, recently acquired draft amendments showed.
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RGGI Market: Prices tumble in light of 2024 allowance distribution
RGGI allowance (RGA) values fell almost 10% this week in the secondary market, with most of the decline occurring after Tuesday’s release of permit distribution figures for 2024, traders reported, unseating prices from record heights reached last week at the end of the first quarter.
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Without community support, the green energy transition will fail. Here’s how to get communities on board
The energy transition could be scuppered by community scepticism. Communities have to see the benefits.
Simon Wright, Senior Research Fellow, Energy & Circularity, Gulbali Institute, Charles Sturt University
Licensed as Creative Commons – attribution, no derivatives.
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Canadian carbon removal company adds Dutch DAC firm to growing roster of partners
A Montreal-headquartered carbon removal company announced Thursday that it will deploy a direct air capture (DAC) unit from an Amsterdam-based firm to scale the emerging technology in Canada.
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EU export credit policies lag behind on climate goals -report
EU member states are still lagging behind on reflecting Paris Agreement goals in export credit policies in what is a disregard for the climate decision they made two years ago, a report showed on Thursday.
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Zero-emissions cookstoves developer targets Kenya for market launch, first voluntary credits
Problems with calculating how much charcoal an improved cookstoves carbon project uses could be consigned to the past with the launch of a new hydrogen-powered portable cooker that promises zero emissions, with plans to generate voluntary credits from the mitigation.
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Concerns over climate investor group breaching antitrust laws overblown -report
Concerns that the world’s biggest climate investor group’s approach breaches US antitrust and securities law have been overstated, a report by a financial services company said on Thursday.
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US will be the least impacted by CBAM, some goods may even benefit -study
US will be the least affected of most major economies by the EU’s Carbon Border Adjustment Mechanism (CBAM) and some its exports may even benefit from it, according to an analysis by a US-based non-profit organisation.
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EU power sector association to help energy-intensive industries decarbonise
The electricity sector has joined forces with EU industries to simultaneously boost Europe's decarbonisation and competitiveness, with an official ceremony taking place on Thursday.
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Global Carbon Council launches new voluntary CCS methodology for hard-to-abate sectors
The Global Carbon Council (GCC) launched Thursday its wide-ranging carbon capture and storage (CCS) methodology after completing a consultation process that started in November.
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Norwegian fund adviser raises concerns with Rio Tinto over deforestation
The ethics adviser to Norway’s sovereign wealth fund has engaged with mining giant Rio Tinto about the impact of a Brazilian organisation on deforestation.
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Rooftop solar surge outpaces EU governments’ plans -report
Residential rooftop solar installations have soared across the EU since 2022, outpacing many governments' policies and readiness, according to a report released on Thursday.
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INTERVIEW: Malaysia to release draft carbon offset mechanism for forestry sector soon
Malaysia is designing a carbon crediting system specifically for its forestry sector that it hopes to release before the country’s national steering committee in the second quarter of this year, the government body responsible for the mechanism said.
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