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Recent Articles

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CIBC upgrades Acadian Timber to outperformer from neutral and raises target by C$3 to C$20 due to sale of carbon credits for C$19M; analyst expects almost all of these proceeds to translate into EBITDA in 2024, boosts EBITDA forecast for the year by 90%

American Forest Foundation celebrates SBTi's Corporate Net-Zero Standard update; expansion of SBTi's guidance to include voluntary carbon credits to abate Scope 3 emissions means companies can address more emissions via carbon credits from family forests

European Parliament approves carbon capture, storage, trading scheme for farmers; certification to be given to wood constructions expected to last at least 35 years, and to agricultural activities that trap carbon in soils, prairies, forests and peat bogs

European Parliament adopts provisional political agreement with EU countries on new voluntary certification framework for carbon removals; bill aims to improve EU’s capacity to quantify, monitor and verify activities in order to counter greenwashing

Cepi welcomes EU Parliament approval of carbon removal certification framework, calls for definition of 'renewable carbon' to develop circular, climate-friendly economic model; doing so could be basis to certify long-lasting, bio-based products, materials

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