Carbon Pulse

Despite Canada’s portfolio of climate regulations, the ongoing lack of climate finance policy is a risk to the Canadian economy, particularly as other jurisdictions advance on their efforts, experts said on a webinar Tuesday.

California filed a brief Monday in the US Supreme Court (SCOTUS) urging that it toss out an appeal by Republican states and energy industry interests to overturn the state's longstanding authority to set clean vehicle standards stricter than federal equivalents.

Coca-Cola and the Bayer Foundation are backing a new climate fund with a total $1 million investment that aims to invest in 350 projects across Latin America and the Caribbean.

South Carolina’s Attorney General (AG) has backed oil and gas firms in a lawsuit brought by a city that seeks compensation from fossil fuel companies for the impacts of their alleged climate deception and environmental negligence.

A major Canadian investment company announced its first foray into sustainable aviation fuels Tuesday with a $1.1 billion investment in a Californian low-carbon electrofuels (efuels) developer.

Sovereign buyers of Article 6 carbon credits plan to press ahead on fleshing out agreements with host nations despite a lack of clarity on several key trade technicalities, describing capacity constraints as presenting as a greater obstacle to ramping up much-needed unit supply.

Researchers have responded to criticism about their paper discussing the percentage of biodiversity found in territories managed by Indigenous Peoples (IPs).

A big tech giant has struck a deal to purchase direct air capture (DAC) removal credits for the cheapest price on record - $100 per tonne - starting in the early 2030s, it announced on Tuesday.

A measurement and automation technology company has collaborated with a Toronto-based measurement, reporting, and verification (MRV) company for better accuracy, reliability, and traceability in carbon management, according to a press release.

A major carmaker in Japan has signed a Memorandum of Understanding (MoU) with the government of Thailand to develop a prototype for Other Effective area-based Conservation Measures (OECMs) managed by private companies in a bid to take the Southeast Asian nation closer to meeting its biodiversity commitments.

The UK's offshore oil and gas industry cut its emissions by 4% in 2023 and by just over a quarter in the past five years, although the emissions intensity of every barrel is increasing as production declines, the country's regulator said on Tuesday.

A group of Australian NGOs has urged the Australian government to secure its bid in hosting the UN COP31 talks in 2026 in partnership with the Pacific, describing it as a “nation-building” activity that could provide a slew of national and regional benefits.

Verra has lifted its suspension of the Southern Cardamom REDD+ project (SCRP) after a 14-month investigation found the huge avoided deforestation scheme in Cambodia conformed to its standards, dismissing allegations of human rights violations.

An Abu Dhabi-based asset management firm announced Tuesday that it has signed a deal with a Malawi-based reforestation company to plant 6 million indigenous trees and prevent the deforestation of over 4 mln trees in the country.

A London-based carbon removal (CDR) marketplace has partnered with a carbon tracking tech firm to integrate its measurement, reporting, and verification (MRV) data to boost transparency in the market.

The Global Carbon Council (GCC) has opened a public consultation on regulatory documents devised for GCC 2.0 - the body’s new standard that will govern Article 6.2 eligibility of projects and their issuances.

Agricultural emissions in the EU could fall by nearly two-thirds by 2050, but policies - possibly including a dedicated emissions trading scheme - are needed to drive the necessary shift, according to research published on Tuesday. 

A major fossil fuel company has partnered with a professional services firm to repurpose a hydrocracking refinery in Germany into a base oil production unit and enable the production of renewable hydrogen, they announced on Tuesday.

The world’s first cross-border carbon capture and storage scheme (CCS) is now open for business in the Danish waters of the North Sea, laying the groundwork to store up to 8 million tonnes of CO2 a year in the basin from 2030.

European carbon allowances weakened on Tuesday morning as natural gas prices slipped on diminishing concerns that US Gulf production might be impacted by an approaching tropical storm, while the looming September EUA options contract expiry was said to be starting to exert a pull on prices.