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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 8 min ago
Former Pollination director joins Australian airline as head of carbon markets
A former director of advisory firm Pollination has joined Australian airline Qantas as its head of carbon markets.
Categories: Around The Web
PNG REDD+ carbon project hits another road block
Australian resources company Mayur Resources is facing further trouble getting its REDD+ project in Papua New Guinea off the ground, as the country’s National Forestry Authority (NFA) continues to attempt to cancel its permits, the company announced Thursday.
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South Dakota carbon pipeline bills head to governor as amendments cement landowner rights
South Dakota legislators secured landowner rights in a number of final amendments made Wednesday to three carbon pipeline bills, which now proceed to be signed by Governor Kristi Noem (R).
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US grasslands soil carbon developer pays ranchers $3 mln for sequestration efforts in 2023
A US-based grasslands soil carbon project developer last year paid ranchers $3 million for their sequestration efforts, it said Wednesday.
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Carbon neutral LNG to make comeback as gas prices stabilise, conference hears
The carbon neutral LNG cargoes that had a brief and very public moment through 2020 and 2021 before mostly disappearing may make a resurgence, according to one expert speaking at a Singapore conference Wednesday.
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Ten EU countries commit to end fossil power by 2035 -campaign group
Ten EU nations representing two-thirds of the bloc’s electricity generation capacity have committed to eliminate all fossil fuels from their power sectors by 2035, according to analysis by a campaign group.
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Puro sees record monthly retirements, registers largest durable carbon removals project
Voluntary carbon removals platform Puro has seen a record level of retirements in March, after a large volume were processed from a newly registered, large bioenergy project in the US.
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Swiss developer inks deal with Shell for biochar carbon removals
A Swiss carbon project developer has entered into a 5-year agreement to supply Shell with carbon removal credits generated from a biochar facility in Mexico.
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US SEC approves corporate climate disclosure rules but excludes Scope 3 reporting requirements
The US Securities and Exchange Commission (SEC) on Wednesday approved a series of climate-related financial disclosure rules for certain registered companies, in a highly-anticipated decision that notably excluded the Scope 3 emissions reporting requirements originally proposed.
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Trump presidential win would add 4 bln tonnes to US emissions by 2030 -analysis
A victory for Donald Trump over incumbent Joe Biden at the November presidential elections could add an extra 4 billion tonnes to US emissions by the end of the decade, according to a report released Wednesday.
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INTERVIEW: VCMI to road test flexibility claim with companies, aims to launch by year end
The Voluntary Carbon Markets Integrity Initiative (VCMI) plans to road test its flexibility claim idea with companies over the next seven to eight months, despite it clashing with SBTi rules.
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UK carbon consultancy partners with Salesforce to develop emissions reporting tool
A UK-based carbon consulting firm has partnered with US tech giant Salesforce to develop a carbon reporting and reduction service for corporations, the companies announced on Wednesday.
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EU ban on carbon offsetting claims to start applying in two years
The EU fired the starting gun on Wednesday on a two-year period to implement its new directive on Empowering Consumers in the Green Transition (ECGT), which for the first time bans 'climate neutral' claims based on carbon offsetting schemes.
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Unilever steps up absolute emissions targets across value chain by 2030
Unilever is stepping up efforts to reduce absolute emissions in the 2020s while still growing its business, in an effort to achieve an existing net zero goal across its value chain by 2039, the consumer goods giant announced on Wednesday.
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Exponential biochar carbon removal growth to split in two directions, report finds
Expectations of exponential growth in the biochar carbon removal market will split between a low-cost artisanal approach focusing on smallholder farmers in the Global South and high investment large industrial facilities in the Global North, finds a report.
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EU co-legislators clinch deal on new CO2-saving rules for European airspace
The European Parliament and the Council of EU member states struck a deal on Wednesday to improve the management of the bloc's airspace in a way that is meant to reduce CO2 emissions, after being stuck for more than a decade with EU states.
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FEATURE: SBTi tackles existential question of how to decarbonise oil and gas
The Science Based Targets initiative is quietly pushing ahead with a long-running, contentious process of defining a credible, voluntary net zero pathway for an industry in which decarbonisation is a question of survival: oil and gas.
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Dublin-based coffee group purchases first biodiversity credits in Ireland
A Dublin-based coffee group has purchased a batch of biodiversity credits to support nature enhancement at Ireland's Dunsany Nature Reserve, claimed as the first transaction of its kind in the country and the second in Europe.
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Italian court fails to intervene in civil society’s climate litigation
A court in Rome decided on Wednesday not to intervene in a case presented by the civil society against the Italian state claiming that the country's climate policies are insufficient to achieve its national goals.
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UPDATE – ANALYSIS: UK draft property bill to invite legal clarity for UKA, voluntary credit disputes
Legislation drafted by an independent advisory body at the behest of the British government could lead to revised property rights for holders of UK Allowances and voluntary carbon credits.
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