Carbon Pulse

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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 21 min ago

DAC hopeful designs digital twin for speedier deployment of the real thing

Tue, 2024-03-19 18:45
A direct air capture (DAC) startup has partnered with a simulation company for the development of a digital twin, or digital model, of its planned real-world plants.
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Insurer launches product to cover both physical and political risks of buying carbon credits

Tue, 2024-03-19 18:00
An insurance provider is entering the carbon insurance market with the launch of a new product to cover both the physical and political risks of buying voluntary carbon credits on a forward basis.
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China thermal power generation continues to outpace total electricity output

Tue, 2024-03-19 17:47
China saw thermal power generation in the first two months of 2024 continue to outpace the growth of total power output amid rosier economic figures, according to the latest government data.
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Non-profit calls on the EU to come up with a dedicated CO2 removal strategy

Tue, 2024-03-19 17:00
The EU needs to develop a carbon dioxide removal (CDR) strategy and lay out a roadmap for carbon removals deployment from now to 2050 in order to achieve net zero emissions by mid-century, according to a climate non-profit.
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Study calls for broader definition of blue carbon ecosystems to help finance conservation efforts

Tue, 2024-03-19 16:56
A broader definition of blue carbon ecosystems could help fund conservation efforts by unlocking greater carbon credit supply, according to a study released this week.
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ID Market: National carbon exchange remains dormant, but int’l trade expected to be allowed in second half of 2024

Tue, 2024-03-19 15:57
Indonesia’s national carbon exchange has remained quiet in the first two months of this year, according to newly published data, but market sources believe the exchange will open itself up to international trade later this year.
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Two groups sign on for low carbon, synthetic fuel collaborations

Tue, 2024-03-19 15:50
There has been another step towards low-carbon fuels this week, as two groups signed agreements to develop e-fuels, or synthetic replicas of traditional fossil fuels made with captured CO2 and renewable energy.
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US, Japanese gas giants join for CCS study

Tue, 2024-03-19 15:48
Chevron and JX Nippon Gas have signed a non-binding agreement to look at capturing CO2 in Japan and sending it to Australia and other nearby nations for permanent sequestration.
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Illinois lawmakers propose framework for carbon sequestration

Tue, 2024-03-19 10:29
Two CO2 transport and storage bills are making their way through the Illinois legislature as state lawmakers seek to capitalise on CCS opportunities in light of regulatory issues that have recently blocked major projects in North and South Dakota.
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RGGI Markets: Record auction propels RGA prices to new highs

Tue, 2024-03-19 10:04
RGGI allowance (RGA) prices bolted to fresh all-time highs last week after the scheme’s Q1 auction results cleared at record levels, exhausting the year’s Cost Containment Reserve (CCR) allowances.
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ANALYSIS: Ageing UN carbon projects eye voluntary carbon market opportunities in light of Article 6 delays

Tue, 2024-03-19 03:47
Projects from the UN's Kyoto Protocol-era Clean Development Mechanism (CDM) are transitioning to the voluntary carbon market (VCM) in light of stalling Article 6 negotiations, experts have told Carbon Pulse, though some caution that opportunities may only be short term, and units could be a tough sell for some buyers.
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US DOE identifies adequate biomass potential to surpass domestic SAF target

Tue, 2024-03-19 03:35
The US will have a biomass production capacity of 1 billion tonnes in the future – enough to nearly double its 2050 sustainable aviation fuel (SAF) target, the Department of Energy (DOE) reported.
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FEATURE: Scientists enhancing the carbon appetite of crops explore voluntary market opportunity

Tue, 2024-03-19 03:04
Scientists developing gene-edited crops with deeper root systems that sequester more CO2 expect the first carbon credits to be generated in the next couple of years from farmers adopting their varieties.
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US Forest Service announces $145 mln for small landowner access to climate markets

Tue, 2024-03-19 02:49
The US Department of Agriculture's (USDA) Forest Service announced Friday that it will provide $145 million to facilitate access to emerging climate markets for smaller and underserved forest landholders.
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EU must build business case for green tech to improve global competitiveness -report

Tue, 2024-03-19 02:47
The EU needs to create a business case for accelerating the rollout of green technologies including renewables, grids, electrification, and carbon capture, according to a report released Monday on how to enhance the bloc’s “crumbling” competitiveness. 
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EU ministers rubber-stamp energy and raw materials bills

Tue, 2024-03-19 02:42
The EU's 27 foreign affairs ministers rubber-stamped two bills on Monday to protect energy markets from manipulation and ensure strategic autonomy to access critical raw materials.
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VCM Report: Low price trade dominates voluntary carbon market as liquidity thins ahead of CCPs arrival

Tue, 2024-03-19 02:39
Over-the-counter trade seems to have slowed in the voluntary carbon market and retirement levels have fallen ahead of the much-anticipated announcement at the end of the month of the first methodologies that will qualify for the Core Carbon Principles (CCPs) stamp of high integrity.
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Environmental commodities trader appoints new CEO

Tue, 2024-03-19 01:47
An environmental commodities trading firm has appointed a new CEO and a non-executive board member.
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UK programme launches network to integrate biodiversity in the financial system

Tue, 2024-03-19 00:52
A UK research and innovation programme has allocated £3 million to launch a network aimed at hastening the integration of biodiversity into the financial system.
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Carbon futures ETFs continue to cut EUA holdings as price decline tops 12 months

Tue, 2024-03-19 00:48
Exchange-traded funds (ETFs) that invest in the EU ETS futures market are reducing their holdings of EUAs for a third consecutive year in 2024, as investors continue to shun carbon amid a price decline that has now endured for more than 12 months.
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