Carbon Pulse

China saw its domestic thermal power generation decline in June, while renewable energy production continued to grow at a fast pace that could signal a turning point in the country's emission trend.

Many actors in biodiversity see the largest opportunity for biodiversity markets in ‘insetting’, a way of directly supporting nature in their supply chains while potentially generating biodiversity credits, as an alternative to offsetting.

Singaporean Minister of State for Trade and Industry Alvin Tan has taken a delegation of 22 companies with him to Ghana this week with the intention of cultivating a pipeline of Article 6 carbon credit projects.

A climate-focused investment fund has completed a $37 million Series A investment round in a leading provider of carbon mineralisation technology, aiming to accelerate the process of turning CO2 into solid rock for permanent sequestration.

South Korea's latest monthly CO2 permit auction was again oversubscribed, with analysts expecting permit prices to remain steady throughout the rest of the current compliance period.

Australia’s Emissions Reduction Assurance Committee (ERAC) has wrapped up its first expression of interest (EOI) period seeking new methods to generate Australian Carbon Credit Units (ACCUs), with 43 proposals put forward by stakeholders.

Customers of regulated British Columbia utility FortisBC will automatically have 1% of their gas blended from renewable natural gas (RNG) sources.

The Pennsylvania Senate passed on Thursday a bill establishing a regulatory framework around carbon capture and storage (CCS), which now sits on Governor Josh Shapiro's (D) desk for possible approval.

Producers added to their holdings in RGGI Allowances (RGAs) in the most significant way since late February, while both emitters and financial players cut back their net length in California Carbon Allowances (CCA) ahead of a Wednesday cap-and-trade rulemaking workshop, weekly data from the US Commodity Futures Trading Commission (CFTC) released Friday showed.

The newly elected European Parliament is holding its first plenary session in Strasbourg next week, with a potential majority for Commission President-designate Ursula von der Leyen seemingly hanging on the future of climate policies, as she needs backing from the Greens to secure a second term.

EU member states have handed out more than three-quarters of their 2024 quotas of free carbon allowances under the ETS, according to data released by the European Commission.

EU climate and environment ministers are poised to call for expanding the pool of countries contributing to the new global climate finance goal, in draft conclusions preparing for the EU’s COP29 negotiating position, although the document did not to specify the amount the bloc itself should provide.

Reporter Emanuela Barbiroglio recaps key EU energy and climate developments from last month and the stories to watch out for in the weeks ahead, as part of a briefing produced in cooperation with Clean Energy Wire.

The much-delayed auction for carbon credits, eligible for international trade under Article 6, from a Malawi clean cooking project has been confirmed for next week, organisers said Friday, after a clarification letter was published specifying that the initial transfer of the corresponding adjustment will occur upon issuance of the units.

A Colombian non-profit has launched a water crediting pilot programme in a 20,000-hectare area of a river basin in its country, planning to issue the first units by year-end, while preparing a separate biodiversity credit pilot.

Europe's first hydrogen-ready combined heat and power plant (CHP) has been launched in northwest England that will supply power and steam to help decarbonise a refinery and other industrial users in the region.

The UK renewables arm of energy giant Electricite de France (EDF) has announced a project aimed at advancing research on the effects solar farms can have on biodiversity, including how they could generate benefits for nature.

European carbon prices rose for a second day, mimicking fluctuations in the natural gas market as trading activity fell away, while prices have held in an increasingly narrow band that has drawn various averages into the smallest range for a year.

Orlen, one of the largest oil refiners and retailers in Central and Eastern Europe, is looking at a range of technologies to hit net-zero emissions by 2050, including continued investments in wind power as well as clean hydrogen, small nuclear reactors, and carbon capture and storage (CCS), a company executive has said.

The release of a draft 2023-24 allowance allocation plan for the China ETS failed to ignite the world's largest compliance emissions market, which has seen prices remain rangebound with relatively low trading volume over the past week.