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US Treasury races to finalise clean electricity tax credits before administration change
The US Department of Treasury (DOT) and the Internal Revenue Service (IRS) released on Tuesday final federal guidance on eligibility for income tax credits in the investment and production of clean electricity, days before the start of President-elect Donald Trump’s second term.
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Alberta TIER December credit prices continue to fall while supply increases
The Alberta Technology Innovation and Emission Reduction (TIER) programme’s spot price continued to fall during the last month of 2024, while supply kept on an upward trajectory, according to a report published Monday.
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BECCS power: Countries without net-zero targets can still play big role in climate fight -study
Countries without net-zero targets could play a pivotal role in limiting climate change through the adoption of bioenergy with carbon capture and storage (BECCS), according to a new study.
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US House Republican proposes air pollution permitting bill
The new House Energy and Commerce subcommittee chair introduced a bill on Friday targeting changes to the Clean Air Act (CAA) that could reduce permitting barriers for industrial operations.
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USDA appoints members to its VCM advisory council
The US Department of Agriculture (USDA) on Tuesday announced the appointment of over 30 members to an advisory council for a newly established federal programme that helps rural stakeholders participate in the voluntary carbon market (VCM).
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Trudeau exit less cause for carbon market concern than impending Canadian election -analysts
Prime Minister Justin Trudeau’s resignation from Canada's top seat could have little impact on the country’s carbon markets, or the broader clean fuels market, according to a new report by a US-based analytics group.
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Bumblebees winter nest-building 'due to climate'
Active worker bumblebees were spotted in Scotland over the Christmas break.
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ARR project using ICVCM-approved methodology achieves validation
A reforestation project in Burkina Faso has become the first that is pending registration on the Verra registry to achieve validation under the VM0047 afforestation, reforestation, and revegetation (ARR) methodology, approved for the Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principles (CCP) label.
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Ash to cash: Researchers warn against offsets-driven fire management strategies in Africa
Efforts to finance conservation in Africa through carbon offset revenues may prioritise fire management regimes to the detriment of biodiversity and local livelihoods, a new study warns.
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Chilean REDD+ programme brings in $5.1 mln via World Bank facility deal
The World Bank has disbursed funds through the Forest Carbon Partnership Facility (FCPF) to Chile for 1.03 million tonnes of CO2 reduced via a REDD+ programme, at a price of $5 per tonne.
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Emissions trading in Germany generates record revenues in 2024, slow climate progress for ETS2 sectors
Revenues from emissions trading in Germany amounted to a record €18.5 billion in 2024, driven by the country's domestic scheme, according to government data, but the latest figures also reveal a lack of momentum in reducing greenhouse gas emissions from the buildings and transport fuel sectors.
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California oil and gas company greenlights state’s first CCS project
A California fossil fuel producer announced Monday that it will be moving forward with constructing the state’s first carbon capture and storage (CCS) project in a depleted oil and gas field, despite an unresolved legal challenge from environmental groups aiming to block the initiative.
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VCM MONTHLY DATA: Retirements fall short of annual record as issuance boom pushes credit surplus to new heights
The voluntary carbon market (VCM) ended up falling just short of the annual credit retirement volume record in 2024, while a surge in issuances pushed the market’s surplus to new heights.
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SBTi appoints new CEO from global consultancy
The Science Based Targets initiative (SBTi) has announced the appointment of a new CEO, who currently serves as partner at a 'big four' global consulting firm, and was the founding head of an influential climate advisory group to the UK government.
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Carbon credits with govt authorisation for international trade command 80% premium -analysts
Voluntary carbon credits with a letter of authorisation (LoA) for international transfer under Article 6 of the Paris Agreement are commanding an 80% premium, according to analysts.
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Gabon to introduce carbon levy for air, maritime transport
Gabon will require air and maritime transport operators to pay a new ecological contribution tied to their carbon emissions, following the adoption of a decree by the Central African country’s government on Sunday.
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Biochar carbon removal potential hinges on energy use -report
The net carbon removal potential of biochar production varies widely depending on operational practices such as energy efficiency and co-product management, according to a recent analysis by US-based researchers.
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Blue carbon sequestration potential overestimated by up to 18 times -report
Blue carbon ecosystems (BCEs) such as mangroves, saltmarshes, and seagrass meadows sequester far less carbon than previously claimed, with rates exaggerated by three to 18 times depending on the ecosystem, according to research released this week.
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FEATURE: Protecting wetlands through carbon projects helps preserve key global emissions sink
There is huge potential to scale carbon finance for the protection of wetland ecosystems, which would in turn bring innumerable benefits, from CO2 to absorbing other pollutants, according to experts.
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Carbon removal startup quadrupled turnover, doubled losses in latest financial year
A UK-based enhanced rock weathering startup almost quadrupled turnover while doubling losses in the financial year ending Mar. 2024, amid a rapid expansion that took place ahead of clinching a deal with Microsoft last year.
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