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DNV Leads Project to Set Standards for CO2 Flow Meter Traceability and Accuracy in CCUS

PHOTO: DNV

June 21, 2024

BY DNV

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Critical Trends, Measurable Results

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By Laura Wente

May 01, 2025

Capture Policy & Regulation 

Three Key Insights from the 2024 Voluntary Carbon Market

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Carbon Direct has released its inaugural quarterly industry insights report, The Navigator, which includes distilled policy, science, and market insights across climate and carbon markets. This April 2025 issue covers the evolving landscape of climate policy under President Trump’s second term.

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The Carbon Capture Coalition has joined more than 160 companies, trade groups, labor unions, and policy organizations, calling on Congress to maintain critical bipartisan support for the federal Section 45Q tax credit and oppose any efforts to weaken its utility to American businesses. The call was made in an open letter to congressional leadership.

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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.

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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.

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