Malaysian Carbon Exchange will hold its first auction of local carbon credits
The Bursa Carbon Exchange, which is fully owned by Bursa Malaysia Berhad, will hold the long-awaited auction of its first Malaysian carbon credits on 25 July 2024….
Microsoft has signed the largest-ever carbon removal deal of 3.3 million tonnes with Stockholm Exergi
Stockholm Exergi has stated that it has made an agreement with Microsoft for 3.33 million tonnes of long-term carbon removal from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. The…
CO280, Aker Carbon Capture Partner with Microsoft to Improve Carbon Removal in North America
New collaboration aims to scale the full value chain of carbon removal by capturing and permanently sequestering biogenic CO2 at pulp and paper mills. CO280 and Aker Carbon Capture’s collaboration…
Gold Standard is one of the first to meet the Integrity Council for the Voluntary Carbon Market’s Core Carbon Principles label
In a big step toward improving efforts to address climate change, the Integrity Council for the Voluntary Carbon Market (ICVCM) has revealed the first carbon crediting programs qualified for its respected Core Carbon…
Woodside Energy’s Angel CCS Joint Venture firm plans to research carbon capture at Yara Pilbara operations
Woodside Energy’s Angel CCS Joint Venture plans to study the feasibility of using carbon capture and storage to decarbonize the operations of Yara Pilbara Fertilisers Pty Ltd (Yara Pilbara)
The emissions in the EU Carbon Market dropped by 15.5%, which is a record decrease driven by the increase in renewable energy production
Last year's emissions under the EU's Emission Trading System (ETS) show the most significant yearly decrease in emissions since the system started in 2005. The main reason for this is the power…
The Next 150 Partners with Microsoft to Supply 95,000 Tons of Biochar Carbon Removal Credits
The Next 150, has signed a 6-year purchase agreement with Microsoft to supply 95,000 tons of high-quality Carbon Dioxide Removal (CDR) credits produced by its General Biochar Systems (GBS) business…
TP ICAP is going to buy Aotearoa Energy, a company in New Zealand that deals with energy and carbon trading
TP ICAP, a top company in market infrastructure, has declared that it will purchase Aotearoa Energy, a firm based in New Zealand that handles gas, power, and carbon trading. The purchase complements ICAP’s strong…
Carbon Markets: A Crucial Tool for Climate Finance Needs Reform
Carbon markets have great potential to drive corporate climate action, but significant changes are needed to unlock their full potential. Businesses play a crucial role in achieving global climate goals….
Chevron and JX Nippon have formed a partnership to advance the carbon capture and storage value chain
JX Nippon Oil & Gas Exploration Corporation (“JX”; President & CEO: Toshiya Nakahara) and Chevron New Energies, a division of Chevron U.S.A. Inc., have signed a Memorandum Of Understanding (“MOU”)…