Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 31 min ago
Progress in global climate governance threatened by major inequality among nations, new research warns
A new study has unveiled stark inequalities in global climate governance, highlighting that the most influential countries in climate negotiations bear far fewer consequences from climate-related disasters than those with less influence.
Categories: Around The Web
Decarbonisation funding from US private sector slows -Treasury official
Investment from the US private sector towards decarbonisation has slowed since 2022, a US treasury official said Wednesday, calling on firms to finance technologies to reduce emissions from the shipping and industrial sectors.
Categories: Around The Web
Alberta TIER emissions rise as usage of offsets, EPCs for compliance reaches all-time high in 2023
Higher emissions in 2023 under Alberta’s Technology Innovation and Emission Reduction (TIER) programme resulted in increased usage of offsets and emission performance credits (EPCs), according to a compliance report published Monday.
Categories: Around The Web
Global solar installations smash expectations, rising almost a third year-on-year
Global solar installations exceeded most industry forecasts in 2024, with 593 GW expected to be added by the end of the year, according to analysis by a global energy think tank.
Categories: Around The Web
Ocean carbon sink vital for both climate health and global wealth, new research finds
The ocean’s ability to absorb CO2 is not only vital for mitigating climate change, but also crucial for enhancing global wealth and reducing the cost of national climate policies, according to a new study.
Categories: Around The Web
BRIEFING: Brazilian voluntary carbon market will support, not drive, race to net zero
Brazil's voluntary carbon market (VCM) will play a role in mitigation efforts if it is able to attract large-scale investment – but even then, it may not channel sufficient climate finance and reduce enough emissions to be an engine of net zero on either a global or national scale.
Categories: Around The Web
Airline passengers willing to pay extra 11% to offset flight emissions, survey finds
Airline passengers are increasingly willing to accept additional costs and time commitments to reduce the environmental impact of their flights, for example paying an extra 11% for offsets, according to a new survey.
Categories: Around The Web
ACX, Brazilian stock exchange launch domestic carbon registry
A new registry launched Wednesday for Brazilian carbon projects, announcing its first transaction at the Brazil Climate Summit in New York.
Categories: Around The Web
US university expands legal resources to address rise in carbon offset lawsuits
As the voluntary carbon credit industry has grown, so has the number of related lawsuits, prompting one US university to expand its legal resources to address this trend.
Categories: Around The Web
Rising underground coal mining will drive up India’s fugitive methane emissions, report says
India’s methane emissions from coal mining could double should it expand its domestic industry in order to reduce reliance on imports and feed its increasingly demanding power and steel sectors, a think tank has found.
Categories: Around The Web
US tech giant inks another carbon removals deal
A US-based tech giant has inked another deal to purchase CO2 removal credits, this time from a California-headquartered carbon-negative power company.
Categories: Around The Web
Decarbonising the EU’s energy-intensives is still tough business, economists say
Energy intensive industries continue to face obstacles on their road to decarbonisation, according to economists from the European Central Bank (ECB), who raised concerns about the next phase of EU emissions trading.
Categories: Around The Web
INTERVIEW: Biodiversity credit company seeks to challenge Romanian govt over EU payments
A company overseeing a biodiversity credit pilot in Romania is seeking to show the government how its use of EU environmental payments is incentivising the degradation of hay meadows, Carbon Pulse has learned.
Categories: Around The Web
Frontier strikes $4.5 mln in pre-purchase deals for carbon removals
The buyers club Frontier has facilitated its fourth round of carbon removal (CDR) pre-purchases, with $4.5 million spent on credits from nine project developers, including first-of-their-kind deals in India and Africa.
Categories: Around The Web
BRIEFING: SBTi paves way for carbon removals under corporate net-zero standard in ‘cryptic’ update
The Science Based Targets initiative (SBTi) published an update Wednesday that experts saw as opening the door for corporates to use removals as part of carbon neutralisation claims under the organisation's net-zero standard.
Categories: Around The Web
Over 650 UK farms have their soil carbon audited in ‘largest’ assessment yet
Over 650 UK farms have been assessed in the “largest and most thorough” baseline of environmental farm performance in the UK, in an effort to standardise a confusing landscape of processes for collecting the data, according to a report published on Wednesday.
Categories: Around The Web
Pylons and crickets: Expert reveals bioacoustics challenges
Bioacoustics, an emerging technology using sound recordings to monitor wildlife, can be useful to support human ecologists but should not be considered as a replacement for on-site observation, an industry insider said on Tuesday.
Categories: Around The Web
Domestic carbon removal markets risk missing out on developing world’s potential -experts
The more government policies focus on developing their domestic carbon removals rather than a global market for credits, the less opportunity there will be to tap into the biggest potential in the world - often in developing countries that have less need to cut emissions, according to experts.
Categories: Around The Web
Banks to sell Puro carbon removals to clients
Two banks have announced they will sell carbon removals issued under the Puro standard to their clients in a bid to ramp up liquidity in the nascent market.
Categories: Around The Web
Northern Lights CCS project creates deal for 330,000 CDR credits
Danish renewable energy company Orsted has secured a deal to sell 330,000 carbon dioxide removal (CDR) credits to Norwegian oil and gas major Equinor over a ten year period for an undisclosed sum, boosting Norway's Northern Lights carbon capture and storage project for the North Sea.
Categories: Around The Web