Focus on US Treasury Dept
US to issue hydrogen credit rule this week, with path for nuclear, sources say
The long-awaited guidance will provide a pathway for hydrogen produced using nuclear power to access the credits, sources told Reuters.
Yellen won’t rule out sanctions on Chinese banks, curbs on ‘dark fleet’ oil tankers
Yellen signals new sanctions on Russian oil and Chinese banks to curb funding for the Ukraine war amid a softer oil market.
US Treasury allows miners to access clean energy manufacturing subsidy
The U.S. Treasury will now allow some mining firms to access a tax credit for clean energy components, after industry pushback.
US extends semiconductor tax breaks to some solar factories
The U.S. extends a tax break to solar wafer makers, aiming to boost domestic production and reduce reliance on China.
US CFTC issues first guidelines for carbon credit markets
The U.S. CFTC has approved the first guidelines for the trading of voluntary carbon credit derivative contracts in the country.
US clean fuels tax credit likely by end of Biden administration, Agriculture Secretary says
Program would provide credits for the production of lower-emission fuels, including sustainable aviation fuel, and should be finalized by the end of Biden's...
US, Brazil to work together on climate partnership, says Yellen
The US and Brazilian governments announced a climate partnership agenda on Friday, seeking to deepen ties on climate, nature and biodiversity
Integrity Council announces first high-integrity CCP-labelled carbon credits, as assessments continue
News follows U.S. government recognition of role high-integrity voluntary carbon market can play in financing climate action Published 6 June 2024The Integrity Council for...
US to unveil ‘guardrails’ needed for carbon markets to succeed
President Biden's administration is set to unveil "guardrails" that will ensure carbon offset markets effectively reduce emissions.
US unveils policy to boost carbon offset market integrity
Carbon offset integrity will be bolstered by new rules, hopes United States, in move to "unlock the power of private markets".
