Carbon Pulse

A first-of-its kind technology to filter environmental DNA (eDNA) from air samples to monitor terrestrial biodiversity will scale as a commercial service from a collaboration announced Friday, on the heels of an eDNA marine sampling partnership launched earlier in the week.

After a warm and dry winter, Europe enters the spring with concerns over whether last year's extremely low hydro power generation may repeat, as weather experts predict likely heatwaves and drought over the coming months that may significantly tighten clean energy supply and crank up EUA demand.

The Zambian government has said will not downgrade the protected status of a key forest in the country and will instead seek to fund its conservation through carbon finance.

EUAs dropped to test technical support at a three-week low in Friday morning trading as sentiment continued to turn bearish as the compliance buying season neared its end.

Weekly trading volume in China’s national emissions market improved from the previous week, though the spot price for Chinese CO2 allowances was dragged down by a block deal amid sluggish demand.

A Japanese shipping giant has set a target to remove over 2 million tonnes of CO2e by 2030 by investing in carbon removal projects, the company announced on Friday in an update on its climate and environmental targets.

Australia it will launch a sovereign green bonds programme next year as well as develop a sustainable finance taxonomy, in a bid to encourage greater, more transparent private sector investment in the energy transition.

A lack of demand from businesses and clear regulation in Thailand is likely to stymie the growth of the nation’s nascent carbon market as heavy emitters look cut emissions at source, according to analysts. 

An Australian oil and gas company venturing into the carbon management space has signed a Memorandum of Understanding (MoU) with a Canadian carbon capture and removal technology firm, to collaborate in the offering of a ‘one-stop shop’ solution for industrial businesses dealing with hard to avoid CO2 emissions, they announced on Friday.

Taiwanese regulators have teamed up with the island's main stock exchange to build and launch a carbon trading platform that will launch around mid-year as part of Taiwan's efforts to reach net zero emissions by 2050.

A daily summary of our news plus bite-sized updates from around the world.

Japan will auction off some 430,000 J-Credits next month, the first government sale of the domestic carbon offsets in a year.

California Carbon Allowance (CCA) prices rose this week to levels not seen since August on the return of macro market optimism and compliance buying, while Washington Carbon Allowance (WCA) values retraced slightly from recent record highs but continued to trade above the programme's second reserve tier trigger price.

Thailand’s PTT has signed a carbon credit derivatives framework agreement with a Thai state-owned bank, the country’s national oil company (NOC) has announced.

New Zealand’s main opposition party has launched a high-level farming policy ahead of the upcoming election that would ban foreign direct investment in forestry, in a bid to stop companies buying up agricultural land and converting it to forests that generate carbon credits.

A daily summary of our news plus bite-sized updates from around the world.

More than half of global GDP depends on nature and is therefore exposed to risk posed by the degrading state of nature and ecosystems, one of the largest financial auditors worldwide, PwC, published in its latest research on Wednesday.

Portugal's economy and environment ministers have announced that Repsol's 'Green Engine' reforestation project will contribute to the establishment of a voluntary carbon market in the country.

US stock car racing circuit NASCAR has announced plans to achieve net zero operating emissions by 2035 as part of a broader impact-driven platform

A California legislator made wholesale changes to a bill on Monday that will require state regulator ARB to evaluate the effectiveness of the WCI-linked carbon market mechanism and set a Jan. 1, 2025 deadline for implementing any resulting alterations, aborting the bill's prior focus on strengthening the state’s 2030 abatement target.