Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 34 min ago
AU Market: Australian regulator to update contract exit figures by month’s end
Australia’s Clean Energy Regulator (CER) said it will provide an update regarding the volume of carbon credits that have been released during the latest exit arrangement window.
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Brazilian state creates working groups to pursue ART TREES eligibility
The Brazilian state of Acre unveiled two technical working groups on Thursday to help align its jurisdictional REDD (J-REDD) framework with the ART TREES standard, one of only two voluntary crediting programmes approved for the UN CORSIA aviation offsetting scheme.
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RGGI Market: RGAs slump 15% as compliance demand recedes
RGGI Allowance (RGA) prices plummeted nearly 15% over the past week as strong compliance demand through the summer begins to dry up heading into 'shoulder' season.
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Commerce firm launches voluntary carbon credit marketplace
A large online e-commerce website has launched a platform to facilitate the sale of voluntary carbon credits, it announced Tuesday.
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Ten US organisations meet emissions reductions targets early via DOE partnership
Ten companies met their scope 1 and 2 emissions reductions goals ahead of schedule, supported by a US Department of Energy (DOE) programme, the agency said Monday.
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UK places climate action at centre of foreign affairs agenda with clean power alliance
British Foreign Secretary David Lammy will on Tuesday kickstart a global clean power coalition aimed at accelerating the clean energy transition, helping developing countries leapfrog fossil fuels, and turning the UK into a clean energy superpower.
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US DOE funds $6.5 mln towards New Mexico coal CCS project
A New Mexico coal-fired power plant has received $6.5 million from the US Department of Energy (DOE) to study the feasibility of carbon capture and storage (CCS) on-site, the agency announced Monday, even though the region has recently struggled with CCS viability.
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Long-term EU carbon price bull trend remains intact, could hit €150 by 2030 -panellists
The long-term bull trend in EU carbon prices remains intact, despite strong fundamental headwinds, attendees heard at an investment bank-hosted industry conference last week.
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France’s Credit Agricole to exit precious metals trading in shift towards carbon markets -reports
Credit Agricole, France's second-largest listed bank, will exit precious metals trading to focus on regulated carbon markets starting from 2025, according to media reports.
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Stakeholders flood ARB with LCFS 15-day notice feedback, warn of potential litigation
California ARB’s 15-day notice to stakeholders of revisions to the Low Carbon Fuels Standard (LCFS) rule that upended earlier drafts has roiled stakeholders – particularly over new biomass-based diesel limitations – with some entities warning of potential litigation due to insufficient time for feedback on significant changes to the rule, in comments submitted to the regulator at the end of August.
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Belgian auto workers protests highlight obstacles to zero-emission cars
Audi employees in Brussels took to the streets on Monday, saying their jobs are being threatened by changes in the auto industry, illustrating the difficulties European car manufacturers face in balancing the shift to electric and ensure a just transition.
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LATAM Roundup: Colombia proposes carbon tax hike, Brazilian markets press forward
Colombia continued its push to move past years of carbon pricing stagnancy, Brazil saw cause for optimism in its voluntary and compliance markets, and Microsoft went shopping for carbon removal (CDR) credits in Mexico during the week ending Sep. 15.
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VCM Report: Signs of life as traders mop up cheap Southern Cardamom carbon credits
Liquidity and some voluntary carbon prices started to edge higher last week in the over-counter-market amid rising chatter of deal talk and corporate orders.
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FEATURE: Parties probe Article 6 ‘floor price’ but experts doubt formal rollout
Some countries, notably in Africa, are said to be pushing to establish a minimum price for the sale of Article 6 credits, according to sources close to governments in the region, though experts doubt that any widespread policy could realistically be implemented as the idea remains abstract, backed informally by just a few parties.
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US SEC disbands climate and ESG enforcement task force -media
The US Securities and Exchange Commission (SEC) has disbanded its Enforcement Division's Climate and ESG Task Force within the last few months, a news outlet has reported.
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US DOE announces $15 mln to reduce oil and gas methane emissions
The US Department of Energy (DOE) announced Friday up to $15 million in funding to support research and development of projects that reduce methane emissions from undocumented, orphaned oil and gas wells.
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Net zero a ‘vast challenge’ with EU, US to miss NDCs, say analysts
The EU and US are on track to miss their 2030 UN climate targets, and achieving net zero by the middle of the century is now a “vast challenge”, according to a new energy transition outlook published Monday.
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Morocco to fulfil carbon tax, fossil fuel levy promises in 2025
The Moroccan finance ministry has presented a bill to launch a carbon tax in 2025 and lay the groundwork for an increase in value-added tax (VAT) on fossil fuels, following up on international promises to reform its system of environmental levies.
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‘Climate funding cliff’: 2.7% of EU GDP needed every year to reach net zero -study
Reaching climate neutrality will require additional investments worth at least 2.7% of the EU’s Gross Domestic Product (GDP) – or €462 billion at today’s rate – every year throughout this decade, according to new research published on Monday, which warns against a looming EU “climate funding cliff”.
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Protected areas largely fail to prevent forest loss, study says
Protected areas (PAs) contribute to preventing, on average, just 30% of forest loss, with the lowest levels of protection observed in some of the world's most biodiversity-rich countries, a paper has said.
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