PHOTO: DNV
June 21, 2024
BY DNV
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According to a report released by Carbon Direct, the voluntary carbon market is at a key inflection point: carbon dioxide removal (CDR) is growing rapidly, however it still only represents 4% of available carbon credits in today's US$1 billion market.
The U.S. Department of Energy (DOE) announced the release of a Carbon Management Strategy for public comment. The Strategy provides a comprehensive roadmap for the remainder of the decade that outlines the diverse tools and approaches DOE will use to develop and deploy carbon management solutions in line with President Biden and Vice President Harris’ climate, economic, and social priorities.
Four final rules deliver on the Biden-Harris Administration’s day-one commitment to lead on climate action and to protect all communities from pollution.
Input will inform President Biden’s Investing in America agenda toward commercialization of technologies that reduce industrial carbon pollution.
49 projects across 21 atates and a new funding opportunity will help advance next-generation technologies to significantly cut emissions and support President Biden’s efforts to build a clean energy economy.