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Brussels approves Finland’s request to expand ETS2 to new sectors

Carbon Pulse - Wed, 2025-04-16 21:25
The European Commission on Wednesday adopted a draft decision allowing Finland to unilaterally expand the scope of the EU's Emissions Trading System for road transport and heating fuels (ETS2) to new sectors.
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Turkish government delays Climate Law with national ETS

Carbon Pulse - Wed, 2025-04-16 21:15
The Turkish government withdrew the country's draft Climate Law from discussions in parliament on Tuesday, putting on hold a policy that would introduce a national emissions trading system, amid opposition, according to local media. 
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UK government report calls for taskforce to save England’s historic trees

The Guardian - Wed, 2025-04-16 20:40

Exclusive: Ancient oaks ‘as precious as stately homes’ could receive stronger legal safeguards under new proposals

Ancient and culturally important trees in England could be given legal protections under plans set out in a UK government-commissioned report.

Sentencing guidelines would be changed so those who destroy important trees would face tougher criminal penalties. Additionally, a database of such trees would be drawn up and they could be given automatic protections, with the current system of tree preservation orders strengthened to accommodate this.

In 2020, the 300-year-old Hunningham Oak near Leamington was felled to make way for infrastructure projects.

In 2021, the Happy Man tree in Hackney, which the previous year had won the Woodland Trust’s tree of the year contest, was felled to make way for housing development.

In 2022, a 600-year-old oak was felled in Bretton, Peterborough, which reportedly caused structural damage to nearby property.

In 2023, 16 ancient lime trees on The Walks in Wellingborough, Northamptonshire, were felled to make way for a dual carriageway.

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South Korea likely to fail international credit purchase target for 2030, report says

Carbon Pulse - Wed, 2025-04-16 20:21
South Korea should not rely on carbon credits from international projects to achieve climate goals, as the country is considered highly likely to fail its target of securing millions of Paris-aligned units by 2030, according to a recent report. 
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UK’s steel struggle offers gateway to truly green the sector -report

Carbon Pulse - Wed, 2025-04-16 20:15
The UK's struggle to protect its ailing steel industry also presents an opportunity to transition the sector towards modern electric arc furnaces supplemented by imported iron, argued a think tank in a new report.
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DATA DIVE: Most countries now open to using Article 6 to meet NDCs

Carbon Pulse - Wed, 2025-04-16 20:00
Most parties to the Paris Agreement have officially signalled interest in using Article 6 carbon market mechanisms to meet their national emission reduction targets, new Carbon Pulse analysis of updated Nationally Determined Contributions (NDCs) shows.
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Corporate Scope 3 decarbonisation faces persistent systemic barriers, finds report

Carbon Pulse - Wed, 2025-04-16 19:55
Corporate efforts to reduce Scope 3 emissions are being slowed by a combination of systemic and sector-specific barriers, according to research, which found that nearly half of companies surveyed 38% have seen their value chain's climate impact recently increase.
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Details emerge of French proposal to reform EU ETS2

Carbon Pulse - Wed, 2025-04-16 19:52
France has expressed “serious concerns” about the risk of high prices on the EU’s upcoming Emissions Trading System for road transport and heating fuels (ETS2), and put forward detailed proposals to reform the scheme before its planned 2027 kick-off date in order to avoid a public backlash.
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ID Market: March carbon trading slumps amid focus on credits for domestic use only

Carbon Pulse - Wed, 2025-04-16 19:34
Indonesia’s carbon market saw a drop in trading activity in March, with international involvement completely absent and overall volumes falling compared to the previous month, according to data from the IDX Carbon exchange.
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Activist shareholder urges ore miner to cut emissions, ditch offset use

Carbon Pulse - Wed, 2025-04-16 19:09
Australia’s largest iron ore miner has done much to cut its emissions and engaged in forward facing plans to decrease them more but is still not on a Paris-aligned path and must move away from “unscientific” offset reliance, an activist shareholder group said this week.
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Washington approves bill to lower cap-and-trade price ceiling, revise APCR provisions

Carbon Pulse - Wed, 2025-04-16 18:42
The Washington state legislature on Tuesday passed a measure to lower the cap-and-trade scheme’s price ceiling for upcoming years and revise the Allowance Price Containment Reserve (APCR) volumes for the second compliance period.
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UK to mandate nature offsetting for all corporates, ratings exec predicts

Carbon Pulse - Wed, 2025-04-16 18:00
The UK is likely to escalate nature restoration by mandating the offsetting of nature impacts for all corporates, not just developers, potentially within a few years, the co-founder of a nature ratings company has predicted.
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Australia’s next government may be Great Barrier Reef’s last chance after sixth mass bleaching, conservationist says

The Guardian - Wed, 2025-04-16 17:58

Consecutive and severe bleaching is ‘fundamentally changing’ nature of reef, the International Coral Reef Society says

The Great Barrier Reef was hit by a sixth widespread coral bleaching event since 2016 this summer – the second time the world’s biggest coral reef has seen the phenomenon strike in back-to-back years – according to government authorities.

Scientists and conservationists reacted with dismay that widespread bleaching – driven by global heating – was becoming normalised, with one saying Australia’s next term of government may be the natural wonder’s last shot at survival.

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ANALYSIS: Australian market uneasy about coal, oil, and gas dominating SMC issuance

Carbon Pulse - Wed, 2025-04-16 17:37
Market participants have raised concerns over the way Safeguard Mechanism Credits (SMCs) are being generated, with data released by the Clean Energy Regulator showing they are largely being generated by coal as well as oil and gas facilities.
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Washington passes bill to tighten clean fuels programme stringency

Carbon Pulse - Wed, 2025-04-16 17:27
The Washington state legislature on Tuesday passed a bill to significantly ramp up carbon intensity (CI) reduction targets under the state’s Clean Fuels Programme (WCFS) amid industry calls to increase programme stringency to address an ongoing credit surplus.
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China thermal power production drops 2.3% in March, but coal output growth pace quickens

Carbon Pulse - Wed, 2025-04-16 17:14
Growth in China's thermal power generation continued to decline in March despite an increase in monthly coal output, while renewable energy showed strong growth, according to government data published Wednesday.
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Carbon Pulse launches new NDC Tracker ahead of COP30 in Brazil

Carbon Pulse - Wed, 2025-04-16 17:00
As countries submit new national climate plans to the Paris Agreement ahead of a September deadline, Carbon Pulse is keeping track of who’s submitted what, and gauging interest in Article 6 in particular among parties.
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