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WCI Markets: Traders anticipate post auction CCA rebound
California Carbon Allowance (CCA) prices clawed back earlier losses through the week amidst heightened futures and options transaction activity ahead of the first quarterly permit sale next week, while trade in Washington Carbon Allowances (WCA) remained muted.
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Gupta to sell troubled coal mine in bid to save Whyalla steelworks – and state’s green hydrogen plan
The post Gupta to sell troubled coal mine in bid to save Whyalla steelworks – and state’s green hydrogen plan appeared first on RenewEconomy.
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More migrant workers claim UK farm exploitation
The UK government says it always takes "decisive action" where abusive practices are found on farms.
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Energy Insiders Podcast: Are renewables back on track?
The post Energy Insiders Podcast: Are renewables back on track? appeared first on RenewEconomy.
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Indonesia to expand ETS to cover four industrial sectors -media
Indonesia appears to be planning to expand its emissions trading scheme to cover four hard-to-abate sectors, as well as begin efforts to launch blue carbon trading, various ministries told local media Thursday.
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Australia’s most coal dependent state takes title of world’s most volatile electricity market
The post Australia’s most coal dependent state takes title of world’s most volatile electricity market appeared first on RenewEconomy.
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US Republican senators propose $1,000 EV fee for federal highway repairs, nixing EV tax credits
US Senate Republicans introduced two bills on Wednesday aimed at undoing electric vehicle (EV) incentives with the support of a variety of industry groups and conservative think-tanks.
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Preserving Brazilian forests for REDD+, other uses yields economic benefit of $2.6 bln over pastureland -study
Dedicating at-risk Brazilian forest areas to carbon projects, sustainable timber, social use, and conservation produces net socioeconomic benefits of around R$15 billion ($2.6 bln) over 30 years when compared with land conversion to pasture, according to a non-profit study published Wednesday.
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NSW green bank to target batteries, pumped hydro and VPPs to fill gaps in transition from coal
The post NSW green bank to target batteries, pumped hydro and VPPs to fill gaps in transition from coal appeared first on RenewEconomy.
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Oil major offloads North America’s largest carbon project developer to forestry offset investor
A Canadian-headquartered forestry investment firm has acquired North America’s largest carbon project developer, including the majority stake held by a European oil major.
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California’s $10 bln climate bond has merits, risks in multi-year lock-in
California’s fiscal and policy advisory body found merit in Governor Gavin Newsom’s (D) proposal for a $10 billion climate bond that shifts cap-and-trade derived funds, but cautioned about shortcomings of a multi-year approach to adjust to changing priorities.
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Republican lawmakers seek to repeal Biden-era environmental rules en masse
A federal bill that would permit congress to expedite repeals of regulations adopted during the final days of the former Biden administration narrowly passed the US House on Wednesday.
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EU energy security strategy outdated, ETS-backed ‘electrification bank’ needed -study
The EU’s 2014 energy security strategy is no longer fit for purpose due to fundamental supply and demand changes over the past decade, an industry study has found, as it called for a new ETS-funded bank to support electrification.
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California Democrats seek to lessen LCFS consumer fuel price impacts with new legislation
Democrats in the California Senate and Assembly introduced two bills on Wednesday focused on protecting consumers that are impacted by high fuel costs in light of increased stringency in the Low Carbon Fuel Standard (LCFS) programme.
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West Virginia lawmaker reintroduces bill to tax, regulate carbon credit agreements
A Republican senator in West Virginia reintroduced legislation Wednesday to impose taxation, duration limits, and registration requirements on carbon credit agreements in the state.
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Teenager-founded biochar startup boasts $3.5-mln seed funding round, $7 mln in US offset deals
A Silicon Valley startup founded by a teenager and focused on carbon removals and regenerative agriculture has raised $3.5 million in seed funding and signed biochar offset deals worth $7 mln.
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The role of distributed energy: Can it be a marriage of equals?
The post The role of distributed energy: Can it be a marriage of equals? appeared first on RenewEconomy.
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Australia should find ways to better link carbon, biodiversity outcomes, report says
A report published Friday by industry and regional advocacy groups in Australia urged the government incentivise dual carbon and biodiversity outcomes through new frameworks, funding, and requirements.
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Indiana Senate passes bill to ‘clean up’ CO2 infrastructure permitting
An Indiana bill that proposes to alter the permitting process for CO2 pipelines and sequestration wells passed out of the State Senate Tuesday and was referred to the state’s House of Representatives.
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Canadian net-zero nickel pilot plant inches closer to development with federal funding
A Canadian company with sights set on developing net-zero nickel to power the EV revolution has won more than C$3 million ($2.4 mln) in federal funding for a pilot plant.
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