Carbon Pulse

California Carbon Allowance (CCA) prices in the secondary market traded within a narrow range awaiting regulatory certainty over the week, while Washington Carbon Allowances (WCAs) jumped nearly $5, once again running ahead of WCI allowances this year.

A group of scientists have launched an effort to adjust estimates of the social cost of greenhouse gasses (SC-GHG) to society by incorporating climate change’s impacts on ocean systems, according to a report released Tuesday.

A co-chair of the influential International Advisory Panel on Biodiversity Credits (IAPB) has ruled out the possibility of using biodiversity credits as an international offsetting mechanism during an event at the Climate Week NYC, in a bid to quell persistent concerns.

There is a growing gap between prices in voluntary carbon's primary and secondary markets, while liquidity is also moving to the former, a panel heard at Climate Week NYC.

Carbon removal credit suppliers’ increased ambition was met with tempered buying expectations at Climate Week NYC this week, as the market looks forward to a “second wave” of credit purchases.

Faster deployment of batteries and interconnectors, needed to keep pace with expected wind and solar capacity growth, would save countries €9 billion in gas costs annually from 2030, according to analysis from a clean energy think tank.

An Argentine province is seeking around $55 million for the first carbon credit issuances from its flagship jurisdictional-REDD (J-REDD) project, a partner with the finance ministry has said.

Airlines are expressing interest in NGO-brokered Costa Rican ART TREES-certified carbon credits, Carbon Pulse heard from a well-placed source at Climate Week NYC, potentially signalling new supply under the UN CORSIA international aviation offsetting scheme.

A coalition of environmental organisations has called on California regulator ARB to revoke thousands of carbon credits issued to a Wisconsin-based company, citing repeated environmental violations that allegedly pose a risk to public health and the environment.

The US Department of Energy (DOE) announced Wednesday that it is awarding nearly $17 million to 23 state and local governments to support clean energy projects and programmes.

Socioeconomic benefits of the voluntary carbon market (VCM) took centre stage in panels at this year's Climate Week NYC, at times edging out mitigation, as VCM advocates seek to restore the industry’s reputation nearly two years after a series of integrity scandals debilitated the market.

The transition period for the implementation of CBAM, which runs until 2026, is not long enough for Western Balkan electricity traders to devise new export strategies to the EU, even if the Commission changes its criteria to make it easier for low-carbon exporters to be recognised, according to an expert on the matter.

Voluntary carbon market (VCM) stakeholders should welcome the retreat of buyers who will not pay a premium for high-integrity credits, a large tech buyer said at Climate Week NYC on Thursday.

Rolling out onshore wind in the UK fast enough to achieve net zero requires unlocking grid and planning constraints, motivating local communities, and prioritising farms for the windiest areas, experts said Thursday.

Eleven African countries have forged a new alliance to generate ITMO credits from a large reforestation and conservation carbon project.

In the coming years, the EU's Emissions Trading System could incorporate new sectors and be extended to neighbouring countries like Ukraine or tied up with the UK, according to research published on Thursday.

Germany rebuffed calls on Thursday to issue new joint EU debt as a way to finance the green and digital transitions, rejecting one of the key tenets of a report by former central banker Mario Draghi to restore the bloc's competitiveness.

Buyers are willing to pay more for voluntary carbon credits from projects that contribute towards the United Nations Sustainable Development Goals (SDGs), according to new research.

Outside of the power sector, carbon taxes are largely ineffective at driving decarbonisation when implemented on their own, according to an academic interviewed by Carbon Pulse.

The government of Chile has kickstarted an initiative aimed at ramping up ocean protection efforts, as discussions over the need to hasten the implementation of the Biodiversity Beyond National Jurisdictions (BBNJ) treaty have taken centre stage at the UN headquarters this week.