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California Carbon Allowance (CCA) prices moved lower this week in light of the Q3 auction, as traders discussed whether recent feedback submitted to California regulator ARB would be incorporated into the cap-and-trade programme's formal rulemaking.

The Canada Growth Fund (CGF) has allocated $100 mln towards a British Columbia-based carbon capture company, the federal government announced Thursday.

Mexican carbon market stakeholders are welcoming president-elect Claudia Sheinbaum as a fresh face with the potential to prop up green finance, Carbon Pulse heard this week in Guanajuato at the Mexico Carbon Forum, though subnational governments are still seen as a major driver of the country’s climate action.

Bolivia’s top court has struck down a provision of national legislation that previously banned carbon trading in the country, prompting a request for review by the vice presidency.

Federal regulations are needed in Mexico to incentivise carbon credit use among businesses and foster greater voluntary market (VCM) transparency, according to a senior stock exchange official speaking at the Mexico Carbon Forum in Guanajuato this week.

New York officials plan to release draft rules for the state’s cap-and-invest programme later this year, a webinar heard Thursday.

Eight states last week filed a joint brief at the Supreme Court of the US (SCOTUS) in support of Ohio’s ongoing battle against the Environmental Protection Agency’s (EPA) authorisation of California’s regulations to mandate increasing sales of zero emission vehicles (ZEVs).

The Dominican Republic (DR) has commissioned a consultancy to design a pilot emissions trading system (ETS), Carbon Pulse learned at the Mexican Carbon Forum in Guanajuato this week.

The islands could reveal why animal life first emerged on our planet after its biggest ever freeze.

Shared e-scooters have safety features that private e-scooters lack, but accident data don’t distinguish between them, nor tell us about the economic and environmental harms of other transport modes. Mark Stevenson, Professor of Urban Transport and Public Health, The University of Melbourne Ferdinand Balfoort, PhD Candidate in Law, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.

The Federal Public Prosecutor's Office (MPF) in Amazonas clarified Thursday that the suspension recommendation targeting select REDD+ activities in the Brazilian state was an “extrajudicial instrument”, with possible legal ramifications if their counsel was not followed, and provided more details on the relevant compliance timeline and assessment factors.

A coalition of durable carbon removals (CDR) buyers has fully endorsed the Puro.earth standard, making it one of only two bodies to achieve this distinction, a company representative told Carbon Pulse on the sidelines of the Mexico Carbon Forum on Wednesday, as Puro addresses a growing market in North and South America.

Paul Watson fighting efforts byJapan to have him stand trial there for 2010 confrontation with whalers

A Greenland court has ordered the anti-whaling activist Paul Watson to remain in custody until 5 September pending a decision on his possible extradition to Japan.

Watson, an American-Canadian who has been detained since his arrest in Nuuk in July, had appealed against the court’s decision, the statement on Thursday added.

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A maritime emissions compliance and data solutions provider has released early price estimates for FuelEU’s pooling system in a press feature.

‘Hybrid’ steel plants that blend hydrogen and natural gas are a ‘promising solution’ that could help ease the shift to green steel, according to an analyst at a leading climate think tank.

The solar farm was approved in 2019 when Neoen owned it and is now expected to be finished in 2026. Neighbours will get rebates on their bills.

The post Shovels ready as Engie reaches financial close on 250MW solar farm appeared first on RenewEconomy.

The New South Wales government in Australia introduced a bill to reform the biodiversity offsets scheme to its Parliament on Thursday, requiring developers take measures to prioritise avoiding environmental harm.

Sentiment in the voluntary carbon market (VCM) is weak with buyers staying away, scared off by the multiple scandals that have plagued the sector, but participants are hopeful the integrity initiatives underway will lead to better times, despite demand-side challenges remaining.

The Science Based Targets initiative (SBTi) should recognise the value of voluntary carbon credits as a stopgap measure for corproate investment while they wait for the cost of some internal emissions reduction levers, such as electrification, to decline, said an environmental consultancy.

Retirement patterns of voluntary carbon credits this quarter will test whether corporate buyers are paying heed to the Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principle (CCP) stamp of integrity, according to analysts.