Carbon Pulse

A New Zealand climate-tech startup has launched a seed round of NZ$650,000 ($400,000) in the hopes of expanding its Scope 3 emissions reporting software into Australia, and eventually the UK. 

California Carbon Allowance (CCA) prices gave back early week gains as options churn continues to drive short-term volatility, while Washington Carbon Allowances (WCA) slipped after this week’s third quarter auction.

The Chair of Australia’s Climate Change Authority (CCA) has told local media it will not provide its official advice regarding the country’s 2035 Nationally Determined Contribution (NDC) until after the US election, media reported Thursday.

A major global alternative asset manager has acquired a company specialising in emissions reduction technology, in an investment play targeting the sharp rise in power demand from data centres.

Establishing the infrastructure needed for a net zero world, such as carbon capture and storage (CCS), can only take place if trust is established among key stakeholders, according to a report authored by an engineering consultancy and academic researchers.

A German-based forest management and investment firm has tapped a senior South Pole executive as its new chief executive.

Nearly three out of four people in G20 countries believe causing environmental damage should be a criminal offence, according to a survey released on Friday.

A US-based company focused on plugging abandoned oil and gas wells has partnered with a climate tech network to bolster the digital MRV and standardisation of environmental data used for carbon credit issuances.

The US Environmental Protection Agency (EPA) published three draft CO2 storage permits associated with a large-scale direct air capture (DAC) facility in Texas on Wednesday, the first such authorisations issued in the state.

A North Dakota-based ethanol producer has secured $205 million through a unique tax equity financing scheme that hinges on transferring its clean energy tax credits to the lender, the company announced Thursday.

Voluntary carbon certifier Gold Standard has launched new calls for feedback on engineered carbon removal activity requirements as well as a tool for reversal risk calculations for geological storage.

The carbon intensity of renewable fuels is being increasingly factored into contracts, with an expectation that the final price may be adjusted depending on the carbon intensity of the actual energy source delivered, according to a commodity software company.

A carbon credit ratings agency is venturing into the assessment of ITMOs and risks that a country may fail to meet its Paris Agreement goals.

Ethiopia’s planning and development ministry, working with a UN capacity-building programme, is looking to craft a comprehensive framework for international carbon markets engagement, including participation in Article 6 carbon trading under the Paris Agreement.

Michel Barnier, a former EU commissioner and early champion of the European Green Deal, has been appointed French prime minister.

A French carbon removal credit manager has completed another funding round for an undisclosed amount, as it looks to further grow its credit purchase commitments beyond 10 million.

Carbon offsets could help the EU achieve its climate targets, but only if it insists on more rigorous rules around accounting, as well as around broader corporate net zero target-setting, according to a report published Thursday by a former European Commission senior official.

Mozambique’s Ministry of Land and Environment has given approval to a Dubai-based firm to restore mangroves along the degraded coastline in the Zambezia province of the African nation and generate carbon credits, the developer announced Thursday.

Krzysztof Bolesta, Poland’s state secretary for climate and environment, has highlighted his three main priorities for the upcoming six-month Polish EU Presidency beginning on Jan. 1 next year.

A Japanese carbon project developer has strengthened its management team as it seeks to scale to meet credit demand in the country.