Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 16 min 34 sec ago
Food companies team up to cut emissions in dairy farming
A Japanese food maker has teamed up with a French food group to drive down emissions from dairy farming worldwide by promoting a special feed additive.
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Australian carbon trading firm raising A$25 mln – media reports
An Australian carbon trading company is seeking A$25 million ($17 mln) to expand into Asia, according to local media.
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WCI Markets: CCAs gain ground amidst hushed market activity, wait for programme clarity
California Carbon Allowance (CCA) prices increased over the past week amidst a dearth of activity as market participants await a rulemaking package from regulator ARB.
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California’s LCFS changes would create decarbonisation ‘obstacles,’ ethanol producer says
Ethanol producer POET publicly criticised proposed changes to the Low Carbon Fuel Standard (LCFS) Tuesday when the producer’s senior attorney told a California ARB division chief that the changes would introduce “obstacles” to practical decarbonisation pathways.
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Nova Scotia Liberals attempt to bring back cap-and-trade programme
The former premier of Nova Scotia introduced a bill that would re-install a provincial cap-and-trade programme, eying an end to the province’s compliance with the federal carbon levy.
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Canada succeeds to lower CO2 emissions in 2023 during economic growth –report
An independent estimate of Canada’s national emissions in 2023, published Thursday, showed a modest decline, relative to the year prior.
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California gasoline consumption declines at slower pace in June as diesel sales hit year high
California gasoline consumption continued its year-over-year decline -albeit at a slower pace - in June while diesel sales reached their highest levels of the year, state data published this week showed.
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Bolivia moves to centralise newly legal voluntary carbon market -media
Bolivia is preparing a presidential decree that would require domestic carbon projects to transfer their credit issuances to the central government, as per national media this week.
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More federal cash needed for research before marine CDR can scale in the US, Congress hears
A ramp up in federal funding is needed to boost research and development into the nascent marine carbon dioxide removal (mCDR) industry that will require robust public-private partnerships to scale and become commercial, a congressional committee heard Thursday.
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BRIEFING: Experts confident of voluntary carbon market recovery, but not in 2024
Experts have said that they are confident the necessary factors for the voluntary carbon market (VCM) to recover are in place – but that this may not take place for some time.
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EU, US beginning to see eye-to-eye on Article 6 standards, says bloc’s lead negotiator
The US is beginning to cede ground in long-running negotiations over Article 6 of the Paris Agreement, showing flexibility on the EU’s demand for strong minimum standards to govern international carbon markets, the bloc's chief climate negotiator said on Thursday.
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Taiwan plans emissions trading scheme, eyes initial pilot phase -minister
Taiwan is planning to launch a domestic emissions trading in four years’ time, starting initially with a pilot phase, Environment Minister Peng Chi-ming told local media on Thursday.
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Climate ‘divide and rule’ in new EU Commission might just work, experts say
As European Commission President Ursula von der Leyen unveiled her new EU executive earlier this week, with climate policies scattered across various portfolios, observers in Brussels seemed willing to give her the benefit of the doubt, saying this configuration may serve the needs of EU citizens and respond to political radicalisation.
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Google buys first nature-based carbon removal credits from Brazilian project
US tech giant Google will buy 50,000 nature-based removal credits through 2030 from a Brazilian startup, marking the first purchase of its kind from the technology giant, the company announced Thursday.
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CDR credits issuer set to boost monitoring, improve accuracy after fresh finance round
A provider of carbon removals (CDR) credits has completed an oversubscribed Series A funding round, which will help to bolster its monitoring, reporting, and verification (MRV) service, add more CDR technologies, and improve its efficiency and accuracy, it announced on Thursday.
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Biodiversity net gain register to list another 330 units, project developer says
The number of units available on England’s national Biodiversity net gain (BNG) register are set to double with the listing of one 617-hectare site, a restoration company said on Thursday.
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Consultancy launches new voluntary carbon platform to offer credits to clients
A sustainability consultancy has launched a new platform that will enable its clients to access voluntary carbon credits.
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Australia sets course for national ecosystem accounting
The Australian Bureau of Statistics has released a paper outlining its approach to developing the country's first national set of ecosystem accounts, ahead of a full rollout in early 2025.
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Australasian group taps nature markets in investor toolkit
The Responsible Investment Association Australasia (RIAA) has launched a Nature Investor Toolkit, a guidance framework that also sheds light on opportunities related to nature markets.
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UPDATE – ICVCM adopting ‘blunt’ approach to assessing voluntary carbon integrity after ruling out renewables, say analysts
The Integrity Council for the Voluntary Carbon Market (ICVCM)'s recent decision to rule out renewable energy credits from its high integrity CCPs tag reflects a “somewhat blunt approach”, according to analysts at MSCI Carbon.
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