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15 states sue over President Trump’s “national energy emergency”
A coalition of 15 states filed a lawsuit to challenge President Donald Trump’s executive order (EO) declaring a “national energy emergency” on the day of his Inauguration, alleging that the action was unlawful.
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BRIEFING: Washington cap-and-trade advisory groups discuss EITE provisions with linkage in mind
Washington’s Department of Ecology’s (ECY) advisory groups this week nudged the agency to consider linkage as it prepares its recommendations surrounding no-cost allocations for Emissions Intensive, Trade Exposed Industries (EITEs).
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Canadian farm workers oppose consumer costs from Quebec’s carbon pricing scheme
A Canadian farm workers labour union launched a campaign against Quebec’s carbon trading system, asking to prevent additional costs from being passed on to consumers.
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CFTC: Investors resort to V25 CCA, LCFS, RGGI spreads awaiting programme updates
Speculators cautiously raised California Carbon Allowance (CCA), Low Carbon Fuel Standard (LCFS), and RGGI allowance (RGA) spread holdings over the week absent firm regulatory guidance, data published Friday by the US Commodity Futures Trading Commission (CFTC) showed.
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BRIEFING: With endangerment finding under review, EPA considers pathways for repeal
As the US EPA undergoes its formal review of a key rule underpinning several regulations limiting GHGs, legal experts laid out pathways the agency could take to eliminate the rule – each with its own set of obstacles and consequences.
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Rhode Island, oil majors debate discovery in climate change liability lawsuit
Rhode Island and a group of oil firms led by Chevron debated in court this week the need for discovery of evidence, as the companies looks to fight a suit brought by the state seeking damages for the effects of climate change.
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Brazil’s $125 bln forest fund design “unbalanced” to developing country needs -report
An environmental advocacy group urged policymakers to prioritise forest protection over returns to fund sponsors in the development of Brazil’s $125 billion forest fund, in a policy paper published Friday.
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New dynamic baseline AI tool can provide results in under 10 days
A digital forest monitoring company released a tech tool for afforestation, reforestation, and revegetation (ARR) carbon project developers to build a dynamic baseline ready for validation.
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White House, EPA limit agency use of social cost of carbon in policymaking
In consultation with the US EPA, the White House issued agency-wide guidance for policy officers to limit considerations of the social cost of carbon (SCC) metric only as required under statute.
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Danish investor offers $500 mln to expand US natural gas producer’s CCUS projects
A Danish infrastructure investment firm will commit $500 million to expand a US natural gas producer's carbon capture, utilisation, and storage (CCUS) operations across the nation, according to a Thursday announcement.
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New agreement advances industrial decarbonisation plans in Louisiana
A recently signed agreement seeks to link long-term carbon storage with low-carbon fuel production as part of a broader push to scale decarbonisation infrastructure in the Gulf Coast region.
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Gold Standard publishes new recycling carbon crediting methodology
Gold Standard has unveiled a consolidated methodology crediting the recovery and recycling of materials from solid wastes.
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UN proposes update to key tool used for calculating cookstove carbon credit issuance
The Clean Development Mechanism (CDM) Methodologies Panel has proposed draft revisions to a key tool used in calculating the proportion of biomass harvested unsustainability for cookstoves, which could have a huge influence on credit issuance in the voluntary carbon market.
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Swiss court approves Nord Stream 2 debt restructuring deal
Nord Stream 2, owned by Russian gas company Gazprom, has reached a debt restructuring agreement with its creditors, a court in Switzerland said on Friday.
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Plastics in everyday objects may disrupt sleep in same way as caffeine, study finds
Findings show for first time how plastic chemicals throw off the body’s internal clock by up to 17 minutes
Chemicals in everyday plastics may disrupt the body’s natural 24-hour sleep-wake cycle and circadian rhythm in a way similar to coffee, which increases the risk of sleep disorders, diabetes, immune problems and cancer, new in vitro research shows.
The study looked at chemicals extracted from a PVC medical feeding tube and a polyurethane hydration pouch, like those used by long-distance runners. PVC and polyurethanes are also used in everything from kids toys to food packaging to furniture.
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Gas-based ‘green’ steel uncompetitive in South Australia, think-tank urges hydrogen pivot
South Australia’s plan to revive and decarbonise its Whyalla steelworks, one of only two major steel production facilities in the country, risks missing the mark if it leans too heavily on gas rather than green hydrogen, a briefing note published this week has warned.
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WWF report reveals impact of energy transition mineral extraction on Key Biodiversity Areas
At least 7% of existing energy transition minerals (ETM) extraction sites around the world sit within Key Biodiversity Areas (KBAs), affecting an area twice the size of Belgium, according to a WWF report released this week.
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Knowledge gaps hamper protection of boreal forests, UN says
Boreal forests remain largely overlooked compared to tropical biomes despite their importance for biodiversity and climate mitigation, with major knowledge gaps hindering protection efforts, the UN warned in a study released this week.
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Euro Markets: Midday Update
European carbon prices stabilised on Friday morning, finding support at an important technical level despite sustained selling pressure as the market prepared for the weekend, while UKAs steadied near their highest in 18 months and headed for the largest weekly gain in two months.
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Technology developer launches carbon capture for shipping at $54/t cost
A technology group has launched a new commercial carbon capture solution for the maritime industry at an estimated cost of €50-70 per tonne of CO2 ($54-$76) including capital and operating costs.
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