Carbon Pulse

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.

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.

A shift in the criteria used to identify protected areas (PAs) could halve the costs of preventing habitat loss and enhance long-term conservation efforts, a study has claimed.

European carbon allowances moved higher on Wednesday morning, supported by the fortnightly gap in the auction schedule and continued short-covering by speculative participants, as the weekly Commitment of Traders report showed a modest reduction in investment funds' bearish bets.

A German direct air capture startup has raised €10.5 million to scale its technology and expand its team.

Beef farming expansion in Queensland is driving Australia’s large scale deforestation trend, according to new modelling released Wednesday by NGO Greenpeace.

South Korea on Wednesday released its annual KAU schedule, with plans to spontaneously adjust the number of carbon permits offered at government-held auctions for the rest of this year, as the domestic emissions market remains oversupplied.

The sites of Australia’s retiring coal-fired power stations would be the home to the country’s nuclear energy industry, according to Coalition Opposition Leader Peter Dutton, as the regulator has revoked four ACCU projects.

In Colorado, a House bill lays the groundwork for a cap-and-trade programme to be implemented as early as this year, while two Senate bills target emissions reductions from the oil and gas industry.

Taiwan’s stock and carbon exchanges signed Memorandums of Understanding (MoU) with their market counterparts in the African kingdom of Eswatini, aiming to link the two nation’s carbon markets, they announced Tuesday.

Washington’s first carbon permit auction for 2024 holds little incentive for participation from speculators, they said, given the uncertainty from a voter initiative that seeks to unravel the state's cap-and-invest programme.

The head of North American environmental products at a European utility has left to join a Canadian power and gas trading firm.

A group of Connecticut legislators have introduced a bill designed to address climate change across multiple sectors, calling for the raising of emissions reductions targets, the inclusion of carbon sequestration in state mitigation strategies, and the promotion of nature-based solutions, amongst other measures.

A suite of New Hampshire bills are targetting lost tax revenues in the generation of voluntary carbon credits on forest lands in-state.

The outlook for heat pumps in the EU has received a boost in the past week, with new studies finding that high-temperature heat pumps can be used in un-renovated buildings, and that the bloc could hit and exceed its target to install 30 million heat pumps by 2030 with the right policy and support.

Three South Dakota carbon pipeline bills face reconciliation between House and Senate amendments before they may become law.

Executives are being pressed by an impending wave of environmental, social, and governance (ESG) regulations, while institutional investors remain resolute on the importance of ESG data in the face of recent controversy, with both embracing integrated reporting, according to a report published Tuesday.

Countries submitting a complaint to the WTO over the EU’s carbon border adjustment mechanism may have to wait years for any kind of decision, and even then it is unlikely to lead to any dismantling, trade experts have told Carbon Pulse.

Industry stakeholders have described Germany's policy proposal to establish a 2060 target for achieving net-negative GHGs as a "significant milestone" for the carbon removals space and international climate action.

Europe's biggest public sector pension fund has disclosed plans to invest €1 billion in biodiversity by 2030, while tightening the environmental investment criteria of its portfolio.