Carbon Pulse

The UK ETS Authority announced this week a series of proposed technical and operational amendments to the market, with a consultation now open until mid-October on the changes.

The risks of geological carbon storage could be mitigated by more government involvement, EU-set CO2 purity standards, and third-party verifiers, according to an environmental research institute.

Airlines can meet net zero by 2050 but the transition bill will hit $4.7 trillion and need policy intervention, according to industry group IATA, with the CORSIA costs to account for only a fraction of the total.

Airlines will be able to buy carbon credits eligible for CORSIA Phase 1 at a special event hosted by industry association IATA in the final quarter of the year, the industry association announced Tuesday, also publishing an update to its net-zero roadmap for the sector.

A major standards body and a large US investment bank have agreed to collaborate in advancing environmental markets and developing innovative financial solutions that specifically target greenhouse gas and plastic waste reduction initiatives.

Carbon Pulse has strengthened its regional news reporting teams with three new hires and two internal promotions.

The undefined legal nature of a carbon credit, and the vast gulley between the cost of many new technologies and current allowance prices, are red flags cited by a lawyer reflecting on proposals to integrate carbon removals in compliance schemes.

Three-quarters of carbon projects in the voluntary carbon market (VCM) are ‘low quality and low price’, according to new research published on Tuesday.

There will be a role for carbon removals in the late 2030s to address the residual emissions of agriculture and hard-to-abate industries in the European carbon market, an issue that will be addressed in the next revision of the ETS directive, an EU official confirmed on Tuesday.

Hungary is expected to address European farmers' concerns around the Common Agricultural Policy (CAP) - including on extreme weather associated with climate change and the Green Deal's objectives - by the end of its rotating presidency of the EU Council, according to a minister.

Claims that corporates have used voluntary carbon credits as a “licence to pollute” fail to stand up to scrutiny, according to a report released Tuesday.

An open repository for private sector climate data and an independent environmental disclosure platform will expand their partnership to publicly share a core set of climate data from over 10,000 companies, the two organisations announced Tuesday.

A Zimbabwean elephant rewilding company is planning to more than double the area from which it will generate biodiversity credits up to 84,000 hectares, Carbon Pulse has learned.

A recently launched registry focused on reducing non-CO2 planet-warming gases on Tuesday announced the release of three methodologies at Climate Week NYC.

A UK-based consultancy and a CEO-level private equity working group have released joint guidelines for integrating carbon valuation into investment decisions.

South Africa’s biodiversity stewardship model has been successful but relies heavily on public and NGO funding, creating a finance gap that must be closed through other sources, according to the UNDP’s Biodiversity Finance Initiative (BIOFIN).

UK power company Drax has launched a new US-based subsidiary at New York Climate Week that will spearhead its plans to become a global leader in bioenergy with carbon capture and storage (BECCS).

A Brazilian state has agreed a deal worth an estimated $180 million to sell jurisdictional REDD+ credits to a public-private forest finance coalition.

An open-access data platform has launched a tool aimed at enabling companies, financial institutions, and governments to better understand their impact on nature, it announced Tuesday during Climate Week NYC.

Talks starting next week at the International Maritime Organisation (IMO) on whether to introduce a global greenhouse gas levy and a goal-based fuel standard for the shipping sector are unlikely to yield significant advances, according to people close to the negotiations.