Carbon Pulse

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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 16 min 13 sec ago

Venture capital nature tech investments rise 18% in 2023 with biodiversity credits bets rising

Thu, 2024-03-21 23:45
Nature tech start-ups saw an 18% increase in venture capital (VC) investments in 2023 compared to the previous year, with significant growth in early-stage involvement, especially in the MRV and biodiversity credits category.
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UNFCCC, IEA agree to monitor and promote a 1.5C-aligned energy transition

Thu, 2024-03-21 23:41
The UN climate secretariat and International Energy Agency (IEA) are partnering to track and report on the global energy transition and help countries strengthen their Paris Agreement pledges, the two institutions announced on Thursday.
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Sustainable support for farmers must go further, experts say

Thu, 2024-03-21 23:36
Sustainable finance support for farmers in England needs to expand further, beyond its welcome early structure, to address other areas of the food system, a panel of experts said Thursday.
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African cookstove carbon project developer attracts $18 mln in funding

Thu, 2024-03-21 23:06
A cookstove manufacturer and project developer has attracted $18 million from a carbon investor and a private equity group to fund the production and distribution of cookstoves across Africa that will generate voluntary credits.
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Euro Markets: Midday Update

Thu, 2024-03-21 22:38
European carbon prices fell back to their lowest levels of the week so far on Thursday morning as buying interest continued to wane while falling TTF natural gas also weighed on the EUA market.
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Paris-based carbon accounting firm raises $52 mln in Series B

Thu, 2024-03-21 22:03
A French climate tech startup has raised has raised $52 mln in Series B funding as it seeks to grow a service to help small- and medium-sized businesses track their carbon emissions.
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Global cement emissions to double by the end of the century, research says

Thu, 2024-03-21 21:36
Cement emissions globally, barring from developed regions and China, will remain very high and might even double by the end of the century, a study conducted by a US-based research group revealed Thursday.
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Verra, Gold Standard still not fully approved for voluntary credit eligibility in CORSIA Phase 1

Thu, 2024-03-21 21:22
UN aviation body ICAO has decided to keep several voluntary carbon standards, including Verra and Gold Standard, under 'conditional' approval for Phase 1 of CORSIA, meaning their issuances have not yet been given the green light for the current stage of the international aviation offsetting scheme.
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INTERVIEW: UK could become CO2 import hub and export CCS capabilities globally

Thu, 2024-03-21 20:34
The UK can position itself at the forefront of the carbon capture and storage transition as it draws upon its significant offshore storage potential and develops the related supply chains and skillsets for global export, said a representative of a government-funded innovation programme.
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Forestry carbon projects supported by current science, other NBS uncertain -study

Thu, 2024-03-21 20:00
Forest conservation and reforestation have a solid scientific basis for voluntary carbon crediting, according to a peer-reviewed study published Thursday, though several other nature-based solutions (NBS) are less certain to effectively mitigate emissions.
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New alliance launched to promote enhanced weathering technologies for carbon removals

Thu, 2024-03-21 19:04
The Enhanced Weathering Alliance (EWA) was officially established on Thursday, bringing together top-tier companies in an emerging technology field for carbon removals (CDR).
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TotalEnergies voluntary carbon credit portfolio reaches 11 mln, to quadruple by 2030

Thu, 2024-03-21 18:23
French energy major TotalEnergies has seen its voluntary carbon credit stock reach 11 million as of the end of last year, as it targets 44 mln by 2030 and over 70 mln by mid-century.
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Carbon exchange CEO steps down

Thu, 2024-03-21 17:57
The CEO of one of the most high-profile exchanges in the global carbon market on Thursday announced he will step down, though will continue in the position until a replacement has been found.
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Major Chinese papermaker secures forest carbon project in Jiangxi

Thu, 2024-03-21 17:54
A major Chinese forestry and paper company has secured an emissions reduction project in a landlocked province through its carbon management arm, with a government-backed investment firm to purchase the resulting carbon credits.
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Vietnam looking to low-carbon rice carbon credits

Thu, 2024-03-21 16:43
Vietnam is planning a large-scale low carbon rice initiative that it says will help farmers earn carbon credits.
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UPDATE – Two Canadian developers sell voluntary carbon credits worth millions from NBS projects

Thu, 2024-03-21 15:28
Two Canadian project developers on Wednesday announced separate deals to sell voluntary carbon credits worth millions of dollars from nature-based initiatives.
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Resurfaced California carbon offset greenwashing bill passes state Senate committee

Thu, 2024-03-21 14:56
A Senate bill that aims to curtail environmental claims from the purchase and sale of carbon offsets, similar to a measure California Governor Gavin Newsom (D) vetoed last year, progressed through a state legislative committee on Wednesday.
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NZ Market: NZU price recovers following partially-cleared auction

Thu, 2024-03-21 14:37
The NZU price has rallied following Wednesday’s rout in the wake of the partially cleared auction, as the government said it was progressing restrictions on the classes of land that can enter the ETS.  
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Permitting process, public communication should improve to advance CCS, CDR -panel

Thu, 2024-03-21 13:36
Faster permitting processes and more effective public communication are vital to scaling up and accelerating carbon capture and storage (CCS) and CO2 removal (CDR) technologies, conference attendees heard from an expert panel Wednesday.
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Pennsylvania legislators announce bill for state cap-and-trade replacing RGGI

Thu, 2024-03-21 12:55
A pair of Democratic lawmakers in Pennsylvania announced legislation Wednesday for the establishment of a power sector cap-and-trade programme to replace the state’s participation in RGGI, although fierce Republican resistance in the divided legislature is expected.
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