Carbon Pulse

Relying on private financing such as environmental credits as the main means to scale funding of nature could be "a risky strategy", a top advisor to African biodiversity negotiators said Tuesday.

A Hong Kong-headquartered airline has set a new carbon intensity target for 2030, with plans to expand the use of sustainable aviation fuel (SAF) to support its climate goals.

A peer-reviewed paper has cast further doubt on human-induced regeneration (HIR) projects in Australia, finding that a large portion of pre-2022 projects are non-additional, while highlighting the politically-charged nature of the country’s carbon market.

Verified emissions covered under the EU ETS likely fell by a record 14% year-over-year in 2023, according to a poll of 13 analysts.

Continued aggressive spending on new production capacity, alongside plummeting profitability, has made China's steel sector financially vulnerable and hampered the industry-wise shift to greener furnaces, a report has found.

A British Columbia regulator rejected a provincial utility's proposal to provide 100% renewable natural gas (RNG) to all new homes at subsidised rates, while an environmental non-profit took the company to court on Tuesday for alleged greenwashing.

A Canada-based offset project developer has hired a European carbon market expert to lead its trading desk.

More than half of sustainability experts polled by a green think tank believe the Green Deal agenda might be weakened after the 2024 European Parliament elections, preliminary results showed.

EU ministers welcomed potential new rules for the agriculture sector on Tuesday despite weak requirements for climate action, as farmers rioted outside in the streets of Brussels.

Governor Spencer Cox (R) last week signed legislation that would allow Utah to purchase the state's largest coal-fired power plant, originally scheduled for retirement in 2025, amid backlash from the operator citing a drop in electricity demand.

Cemex continues to cut its Scope 1 and 2 emissions, allowing it to stretch the length of time it can rely on its surplus of European carbon allowances, the cement-maker said on Tuesday.

An Atlanta-based direct air capture (DAC) company announced its official launch Tuesday, aiming to provide an economically advantageous way to remove CO2 at large scale.

Gold Standard has expressed disappointment with a UN decision to keep its voluntary carbon credits still pending approval for the current phase of CORSIA, and regrets that the assessment process did not allow for more open communication with other applying programmes.

California electricity sector emissions continued to fall to record lows in February, as natural gas retreated from its historically high share of the state's energy supply it has held in recent months, data published Friday showed.

A carbon-negative investment platform is issuing a biochar carbon token that "cannot be corrupted by greenwashing", using blockchain-based trading technology, it announced on Tuesday.

Many countries are not including sustainability in consumer protection laws, an action regarded as a critical way of hastening the implementation of the GBF, a UN Conference on Trade and Development (UNCTAD) officer said Tuesday.

Two prominent climate policy experts have taken issue with criticisms that the EU’s Carbon Removal Certification Framework risks leading to double counting towards UN climate targets, saying this is “an essential feature rather than a bug”.

A London-headquartered carbon insurance company has unveiled the expansion of its offering to covered voluntary enhanced rock weathering (ERW) projects.

The Science Based Targets initiative (SBTi) will not bow to pressure and validate the use of voluntary carbon credits to help a company achieve its emission targets, the body confirmed to Carbon Pulse Tuesday.

The building industry would benefit from a clearer definition of net zero and regulation requiring it to measure and track the whole-life carbon emissions of building projects, according to an industry consultant, who also acknowledged that the sector will need voluntary carbon credits to offset its residual emissions.