Carbon Pulse

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.

An Australian cattle industry lobby group has released its definition of deforestation, in an attempt to seek exemptions for agricultural lands from upcoming EU rules.

EU carbon permit prices dropped to a seven-month low on Monday morning before rallying briefly after the daily auction cleared at a record premium amid reported demand from options hedging, while gas dropped to a seven-week low and German year-ahead power tumbled to its lowest since April.

China has revamped the emissions accounting guidelines for domestic cement and aluminium sectors, as the country is set to include the two industries in its emissions trading scheme this year.

The federal government Monday published an exposure draft for consultation on transparency changes to the Australian Carbon Credit Unit (ACCU) Scheme.

An audit of the Clean Energy Regulator (CER) has found weak governance practices regarding internal conflicts of interest (COI) within the organisation, according to documents published Monday, issues that critics continue to say are indicative of much broader problems with Australia's carbon market. 

China saw its domestic thermal power generation expand last month from a year earlier with increased coal output, but hydro and solar power production continued to post stronger annual growth.

Financial entities continued to bolster V25 California Carbon Allowance (CCA) holdings, reducing exposure to V24s over the week, while traders tempered RGGI net length as shoulder season weakness set in, according to data from the US Commodity Futures Trading Commission (CFTC).

A US federal appeals court on Thursday instructed the Environmental Protection Agency (EPA) to respond to the concerns of the Supreme Court (SCOTUS) and petitioners who effectively halted the regulator’s scheme to reduce interstate air pollution.

The US Environmental Protection Agency (EPA) has notified a large-scale carbon injection project in Illinois it has violated its operating permit following a CO2 leak that occurred in 2023, according to documents shared with Carbon Pulse.

California Republicans have introduced legislation to exempt gas from the state's cap-and-trade scheme, as well as freeze impending amendments to the Low Carbon Fuel Standard (LCFS), with the overall aim to reduce retail gasoline prices.

Democrats in the US Congress introduced separate bills on Thursday that would require analysis of the effects on emissions from legislative proposals and charge fossil fuel companies for their historic CO2 output.

Voluntary and regulated carbon markets need one another, international stakeholders told a World Bank-convened event this week, but creating the right investment conditions to scale supply and blur the lines between the two forms of pricing mechanisms will take years.

Measures to lower electricity prices for European industry to drive their global competitiveness, could severely dampen the business case for investments in clean power, warned European electricity trade association Eurelectric this week.

The European Commission has identified an “ambition gap” in the National Energy and Climate Action Plans (NECPs) adopted by EU countries, saying better planning and a tighter governance framework is needed to ensure the bloc delivers on its climate goals.

The 720 members of the European Parliament are gearing up for holding confirmation hearings with the new commissioners-designate, and for holding a series of debates on climate and the bloc's agricultural sector, as they gather in Strasbourg next week for the first time after the summer break.

Japan’s environment ministry on Friday announced it is now accepting applications from companies seeking so-called nature coexistence support certificates, after the originally intended pilot late last year got delayed.

Planning approval for the UK’s first deep coal mine in 30 years has been quashed by a court because of unlawful claims the mine would be ‘net zero’ and have no impact on the emissions cuts required under the country’s Climate Change Act.

The Swiss industry agency entrusted by its government with arranging Article 6.2 bilateral agreements has provided written and financial support to a biogas project in Ghana, a global forerunner in Paris Agreement carbon trading deals.

Indonesian president-elect Prabowo Subianto, who comes to power next month after a February win at the polls, plans to generate and sell rain forest carbon credits worth a total of $65 billion by 2028, Reuters reported Friday, citing a government advisor.