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UK energy retailer pledges £500k to woodland conservation charity

Carbon Pulse - Wed, 2024-12-04 21:00
E.ON Next, a UK home energy supplier, has partnered with a woodland conservation charity and pledged to donate at least £500,000 over the next three years, the utility firm announced on Wednesday.
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Voluntary, Article 6 systems can co-exist without “competition” in bid to boost quality, says ICVCM co-chair

Carbon Pulse - Wed, 2024-12-04 20:32
The regulators of the voluntary carbon market and the emerging administration of the UN’s Article 6 mechanisms may be covering the same broad territory in terms of setting standards for carbon credits, but should not be seen as competitors, according to a senior member of the ICVCM.
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Australian outfit finds biodiversity credit demand in carbon partnership

Carbon Pulse - Wed, 2024-12-04 19:58
An Australian project developer has sold 70,000 biodiversity credits over the past three months after striking a partnership with a carbon credit supplier to combine offerings.
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Most institutional investors target net zero, divided over role of carbon offsets -report

Carbon Pulse - Wed, 2024-12-04 19:56
Nearly two-thirds of asset owners and managers have committed to net-zero targets, yet opinions remain split on the role of carbon offsets in meeting these goals, according to a report released this week.
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Brussels preparing ‘net’ climate goal for 2040, EU sources confirm

Carbon Pulse - Wed, 2024-12-04 19:49
The European Commission is preparing to unveil its 2040 climate target proposal towards the end of February, based on the assumption that it will be a “net” greenhouse gas reduction objective of 90% that also includes CO2 removals from soils and forestry, a senior EU source told Carbon Pulse.
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Chinese papermaker secures contracts to grow carbon project pipeline

Carbon Pulse - Wed, 2024-12-04 18:39
A Shanghai-listed forestry and paper company is gearing up for the expansion of its nature-based carbon business in China, with several new projects in the pipeline. 
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Govt panel says New Zealand can lower methane reduction ambitions

Carbon Pulse - Wed, 2024-12-04 18:35
Even if the world meets its global 1.5C temperature target, New Zealand can get away with reducing methane emissions at the very low end of its legislated target, and even go below that if climate action elsewhere is less successful, a controversial government panel said Wednesday.
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Major biochar project to get grant funding in Western Australia

Carbon Pulse - Wed, 2024-12-04 17:31
One of the world’s largest biochar carbon removals projects is among the five recipients to receive a total A$33.6 million ($21.7 mln) in concessional grant funding from the government of Western Australia, according to an official announcement.
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Australian soil carbon project developer acquires tech platform

Carbon Pulse - Wed, 2024-12-04 15:30
One of Australia’s largest soil carbon project developers has acquired a tech company’s risk and impact assessment tool that it will combine and launch as a new platform, it announced this week.
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Washington finalises regulatory updates for imported power under carbon market

Carbon Pulse - Wed, 2024-12-04 12:39
Washington state on Tuesday adopted amended regulations to establish obligations in future for emissions associated with imported power from centralised electricity markets (CEMs).
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PREVIEW: Programme review uncertainty tempers RGGI Q4 auction expectations

Carbon Pulse - Wed, 2024-12-04 12:28
Traders expect RGGI’s last permit sale to clear discounted or near secondary market prices, with mild involvement from financial entities given uncertainty on programme review next steps.
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Carbon project ratings agency lays off dozens of staff amid voluntary market slowdown

Carbon Pulse - Wed, 2024-12-04 11:05
A carbon project ratings agency has laid off dozens of staff members amid a company restructuring campaign, Carbon Pulse has learned.
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New Zealand unveils details on limiting exotic forestry in ETS

Carbon Pulse - Wed, 2024-12-04 10:58
The New Zealand government on Wednesday published long-awaited elements of its plan to limit exotic forestry in the Emissions Trading Scheme based on Land Use Capability (LUC) class. 
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PREVIEW: Washington’s Q4 auction expected to trigger reserve sale

Carbon Pulse - Wed, 2024-12-04 10:37
Washington's final current vintage auction for this year is anticipated to prompt a reserve sale that would release additional volumes, driven by the market’s need for increased permit supply.
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