News about carbon credits

XCF Global estimates that expanding state clean fuel programs could generate about $21 million a year in market-based clean fuel credit value, assuming its New Rise Renewables Reno facility runs at its up to 38-million-gallon annual nameplate capacity. CEO Chris Cooper said state programs represent a meaningful potential cash flow opportunity as the company scales production. Following its combinations with DevvStream Corp. and Southern Energy Renewables, XCF is building a platform spanning renewable fuels, carbon management and environmental assets. The company is also pursuing potential expansion projects in Nevada, North Carolina and Florida, subject to feasibility, financing, regulatory approvals and market conditions.

State Bank of Vietnam (SBV) Deputy Governor Nguyễn Ngọc Cảnh said an effectively operating carbon market would let businesses turn emission reductions into financial resources, diversify fundraising channels and reduce reliance on bank credit. At a workshop on the morning of 14/10/2026 organised by the Finance and Investment Newspaper with the SBV, he noted that Decree 29/2026/NĐ-CP has created a legal framework for the domestic carbon exchange. The 2025-2026 pilot phase covers over 511 million tonnes of CO2 in allowances allocated to thermal power, steel and cement, running to the end of 2028 before becoming mandatory from 2029, with BIDV as the only settlement bank during the pilot. He stressed that green credit and the carbon market complement each other: green lending funds projects that cut emissions, while carbon measurement and trading help track how effective those projects are.