Carbon Pulse

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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 16 min 39 sec ago

Nordics take lead on CCS, negative emissions as EU debates 2040 climate goal

Thu, 2024-03-28 00:33
Finland and Sweden – the two EU countries with the biggest forest carbon sinks – came up with the most elaborate positions on carbon capture and storage (CCS) as well as negative emission technologies during a ministerial debate on Monday about the EU’s future 2040 climate policy.
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UK oil and gas regulator pushes developers to cut emissions or face possible closure

Thu, 2024-03-28 00:24
The UK's offshore oil and gas regulator is asking developers to boost electrification and cut down on flaring and venting or face potential closure, in an effort to reduce emissions from fossil fuels production while keeping supply secure.
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Registries should lead the charge to scale voluntary carbon market, finds survey

Wed, 2024-03-27 23:52
Registries should address key inhibitors to voluntary carbon market growth, including insufficient price transparency, standardisation, and interoperability, according to stakeholders surveyed by two financial analytics firms.
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UK competition regulator clamps down on greenwashing in fashion sector

Wed, 2024-03-27 23:13
Three high street budget fashion giants have pledged they will change the way they display, describe, and promote their green credentials in the UK amid a clamp down by the competition regulator on greenwashing that will impact the use of carbon offsets across the sector.
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EU businesses and governments look to Mauritania to fulfill their hydrogen ambitions

Wed, 2024-03-27 23:06
EU firms and governments are promoting green hydrogen infrastructure in Mauritania, in a push that could account for most of the bloc’s 2030 target for green hydrogen imports and capitalise on the country's proximity, cheaper production costs, favourable regulatory environment, and vast solar and wind energy potential.
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Euro Markets: Midday Update

Wed, 2024-03-27 22:29
EU carbon prices were little changed at midday along with natural gas, after weekly commitment of traders data showed a fourth consecutive reduction in net short positions held by investment funds.
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UK biodiversity net gain tool for small developers launches

Wed, 2024-03-27 21:51
An online tool to help small developers comply with biodiversity net gain (BNG) laws has launched, ahead of the legislation coming into force for them on Apr. 2.
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Australia open to include OECMs in Nature Repair Market

Wed, 2024-03-27 21:47
Australia on Wednesday released its second public consultation on Other Effective area-based Conservation Measures (OECMs), saying they might be approved for biodiversity crediting under the nation’s Nature Repair Market (NRM).
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Brazil, France announce €1 bln plan to ramp up financing towards “bioeconomy” in the Amazon

Wed, 2024-03-27 21:45
The Brazilian and French presidents have announced a €1 billion investment plan to address climate change and deforestation in the Amazon, as Brazil strives to boost international funding for environmental protection under its G20 Presidency.
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Scientists say protecting biodiversity effective approach to avoid another pandemic

Wed, 2024-03-27 20:54
Conserving natural areas and promoting biodiversity are "efficient methods" to prevent future pandemics, a study has shown.
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Seoul becomes first Korean city to earn carbon credits from bike-sharing scheme

Wed, 2024-03-27 20:47
Seoul has become the first local government in South Korea to secure certified carbon emissions credits through its public bike-sharing programme. 
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Coal miner found underreporting emissions in Safeguard Mechanism – just part of a bigger problem, conservation fund says

Wed, 2024-03-27 20:32
An Australian coal miner got its Scope 1 emissions assessment under the Safeguard Mechanism wrong, according to a conservation group that lobbied for documents filed to the Clean Energy Regulator (CER) via Freedom of Information (FOI) requests, but this is just the beginning of coal mining's emissions issues, the group said.
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Japan carbon market attracts over 700 participants as emissions coverage increases -ministry

Wed, 2024-03-27 19:46
Japan's voluntary domestic carbon market has recently added almost 200 new participants, further expanding the share of national emissions covered, the Ministry of Economy, Trade and Industry (METI) announced on Wednesday.
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Rising temperatures could lead to Australian soils becoming a net emitter, study finds

Wed, 2024-03-27 19:41
International research has found that a warming climate will turn Australia’s soil into a net emitter of carbon dioxide.
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Pressure on for Australian govt to halt massive Woodside LNG life extension

Wed, 2024-03-27 19:28
One of Australia’s most noted retired statesmen and politicians has co-signed a letter asking the environment minister to reject Woodside Energy’s plan to extend the life of a 40-plus year old LNG export plant to 2070, a move seen to result in several billion tonnes of CO2e emissions.
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Marine protected areas can benefit fishing, tourism with profits in the billions, study reveals

Wed, 2024-03-27 18:30
An assessment of marine protected areas (MPAs) in 34 countries has revealed that ocean conservation can generate significant economic benefits to the fishing and tourism industries, with some profits in the billions.
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AU Market: ACCU price slumps over fresh integrity concerns as participants frustrated at lack of resolution

Wed, 2024-03-27 18:29
The Australian Carbon Credit Unit (ACCU) market faced a downturn Wednesday in the wake of a fresh study damning the integrity of human-induced regeneration (HIR) projects.
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Australia introduces Net Zero Economic Authority bill, commits A$189 mln in funding

Wed, 2024-03-27 17:27
The Australian Labor government on Wednesday introduced legislation to set up the Net Zero Economic Authority (NZEA), which will oversee the country’s transition to net zero emissions, and has committed A$189 million ($123 mln) to its establishment.
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German marketplace inks large biochar carbon removal deal with Bolivian developer

Wed, 2024-03-27 17:00
A developer of biochar-based carbon removals in Bolivia has signed a deal with a German marketplace startup to supply 81,600 of tonnes to the platform, the companies announced on Wednesday, among the largest deals done so far in the sector.
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Phase ACCUs out of Safeguard Mechanism, expand coverage to electricity sector, report urges

Wed, 2024-03-27 16:56
A report released Wednesday has called on the Australian government to strengthen the Safeguard Mechanism by expanding its coverage to the electricity sector, as well as to bar Australian Carbon Credit Units (ACCUs) from being used for compliances purposes.
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