Carbon Pulse

Newfoundland and Labrador has awarded C$3 million ($2.2 million) to a university and major offshore oil producers in an attempt to strengthen the province’s capacity to assess and advance offshore carbon storage.

GOP lawmakers in Pennsylvania introduced Monday a bill requiring a state agency to submit a recommendation for a carbon fee regime to regulate CO2 emissions after completion of public consultation, but also stipulating that any cap-and-trade programme must be legislatively authorised.

Wisconsin lawmakers are seeking co-sponsorship on a bill to establish a new state sustainable aviation fuel (SAF) credit, while the US Congress considers a measure to axe the federal clean fuels credit.

No major oil and gas producer is aligned with the Paris Agreement on climate change and many have regressed since last year, a report released Tuesday has found.

The European Commission’s promised 90% emissions reduction target for 2040 is “completely unrealistic" without international carbon credits delivered under Article 6 of the Paris Agreement, according to a senior EU Parliament lawmaker from the ruling European People's Party (EPP).

Revenues from emissions trading systems (ETSs) fell for the first time last year even as a record number of schemes came online, primarily due to lower prices and higher market volatility, according to a report released Tuesday.

A non-profit buyer of carbon removal (CDR) is looking to scale investment and diversify its portfolio this year, having reached over $3 million in purchases so far.

A Seoul-headquartered developer has launched a clean cooking project in Ghana compliant under Article 6 of the Paris Agreement, expecting the credits to sell at a price making them attractive for Singaporean emitters with carbon tax obligations, the developer told Carbon Pulse Tuesday.

The onslaught of US tariffs, and the resulting trade war it could trigger, reinforces the need for Europe to bolster its own energy security and create opportunities for clean tech on the continent, according to industry observers.

A UK carbon capture technology specialist has won €2.5 million in EU funding, the company announced on Tuesday.

Venture capital (VC) investments in nature tech startups surpassed $2 billion last year, with the biodiversity credit and MRV markets attracting one-fourth of early-stage support, according to a recently released analysis.

Article 6 carbon markets have the potential to massively scale crediting of SF6 mitigation, with interest increasing in 2025, according to a new report.

Gold Standard has removed the Core Carbon Principles (CCP) eligibility for credits issued by three landfill gas projects in Turkiye.

European carbon prices weakened for a fifth consecutive day as the impact of US tariffs continued to roll over global markets, with energy commodities mostly lower by midday even as European equity indices recorded a modest recovery, helping power gas and EUAs up from their early lows amid a relaxation in the general sell-off.

France has opened public consultations on three agricultural methods aimed at reducing greenhouse gas (GHG) emissions through improved farming practices under its Low Carbon Label scheme.

A Dutch initiative is spurring three pilots of a government-backed biodiversity credit framework it hopes will scale nationally, Carbon Pulse has learned.

Australia needs to do better if it wishes to meet its clean energy, climate, and biodiversity targets, but can manage this by siting renewables projects where they will do the least harm to nature, according to green groups.

South Korea has decided to cancel this month's carbon permit auction, as sentiment in the national emissions market remains bearish.

A developer of battery-grade graphite from CO2 emissions plans to reach industrial-scale by 2030, reducing Europe’s dependence on Chinese imports and providing battery makers with a 'carbon neutral' alternative to what is currently on the market.

The Voluntary Carbon Markets Integrity Initiative (VCMI) has partnered with a government agency in Benin to launch an initiative to help policymakers assess whether to apply voluntary carbon credits towards Nationally Determined Contributions (NDCs) under the Paris Agreement or not.