Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 7 min ago
First biochar project to launch on voluntary carbon registry’s new North American protocol
A carbon removals developer has partnered with a digital monitoring, reporting, and verification (digital MRV) provider to implement the first project using a US-based standard's recently released biochar protocol.
Categories: Around The Web
ID Market: Trade drops after July spike
Trade on Indonesia’s carbon exchange dropped in August over July with only 176 tonnes of CO2e traded compared to the prior month’s 4,801.
Categories: Around The Web
NZ govt commissioned report calls for national blue carbon strategy
A study looking at the barriers and opportunities for coastal blue carbon projects in New Zealand has called on the government to create a national strategy for the sector, as well as foster an environment where voluntary carbon markets can operate.
Categories: Around The Web
Work on Vietnam’s first flue gas CCS project announced
An engineering company is looking to develop Vietnam’s first carbon capture storage and utilisation (CCUS) project for the country's coal-fired power plants.
Categories: Around The Web
Korean securities firm secures partnership for international mitigation projects
One of the largest securities firms in South Korea has decided to pursue international emissions reduction projects through a newly established partnership, it announced Wednesday.
Categories: Around The Web
US business group gives advice to EU on CCUS, hydrogen deployment
Carbon capture, utilisation, and storage (CCUS) and hydrogen technologies have a critical role to play in achieving the EU’s decarbonisation targets, particularly for hard-to-abate sectors, said the American Chamber of Commerce to the European Union in recommendations to the bloc's policymakers on how to accelerate deployment.
Categories: Around The Web
PREVIEW: Washington’s Q3 auction forecasts clouded by programme uncertainty
Market participants maintained modest expectations for the upcoming Washington Carbon Allowance (WCA) auction on Wednesday in light of the ongoing anxiety surrounding the fate of the state's cap-and-trade scheme.
Categories: Around The Web
PREVIEW: Traders expect discounted RGGI Q3 auction clear, compliance participation key
Traders favour the Q3 RGGI permit sale to clear at a discount to secondary market prices, with compliance demand a key factor determining the settlement.
Categories: Around The Web
Washington CFS overhauls validation, verification in draft regulation
Washington’s draft Clean Fuel Standard (CFS) language includes updates to its third-party verification programme and changes to credit generation, according to information published by the Department of Ecology (ECY) on Friday.
Categories: Around The Web
UPDATE – Latest NZ ETS auction sees another bidless round
The third New Zealand ETS auction for 2024 has failed to clear, with not a single bid being submitted, repeating the results of the last permit sale held in June.
Categories: Around The Web
Brazil’s CCS bill passes Senate committee, goes to plenary
A Brazilian Senate committee approved on Tuesday a long-awaited bill with key carbon capture and storage (CCS) elements, sending it to plenary.
Categories: Around The Web
UK acknowledges flagship carbon capture programme faces challenges staying on track
The director of carbon capture and storage (CCS) in the UK government acknowledged at a conference on Tuesday that the country faces challenges meeting its capacity targets.
Categories: Around The Web
VCM Report: Signs of life emerge but voluntary carbon market still yet to spark
Signs of life started to emerge in the voluntary carbon market last week, with brokers reporting an uptick in fresh offers and better buying appetite, although prices were little moved and liquidity remained thin.
Categories: Around The Web
Spain’s Ribera seen as most likely pick for EU climate chief
The Spanish Minister for the Ecological Transition, who was appointed to Brussels last week by her government, is widely tipped for the European Commission’s climate portfolio, but is not certain to be confirmed in time for the COP29 summit in Baku.
Categories: Around The Web
Longship carbon capture project near-complete, on track for 2025 start, confirms Norwegian oil minister
Norway’s pioneering Longship carbon capture and storage (CCS) project is now 80% complete and on-track to begin operations next year, according to the country’s oil minister.
Categories: Around The Web
Biofuels need to be diverted and power ramped up to decarbonise EU aviation, says think tank
Diverting biofuel production from road transport to the aviation sector could help it reach its decarbonisation targets, while a massive ramp up of renewable and additional electricity production will be needed to meet the 2050 goals, according to a report by a German climate think tank.
Categories: Around The Web
Jordanian carbon market delayed pending greater clarity on Article 6 -media
Jordan’s voluntary carbon market (VCM) plans have stalled since it announced in 2020 intentions to launch a regulated domestic market – a delay that local media sources attribute to ongoing ambiguity about Article 6 carbon trading under the Paris Agreement.
Categories: Around The Web
Malawi has sold fraction of 1.5 mln forest carbon credits generated in past five years, govt says
The government of Malawi has generated 1.5 million carbon credits over the past five years, according to government sources quoted in local media.
Categories: Around The Web
Dutch direct air capture startup raises €15 mln in Series A funding
A Netherlands-based direct air capture (DAC) startup has raised €15.3 million in funding as it looks to scale the rollout of its patented technology, the company announced Tuesday.
Categories: Around The Web
UK renewables auction blows new life into offshore wind developments
The UK awarded contracts for a record 131 renewable energy projects on Tuesday, with price bids coming in well below the maximum set by the government in an auction that the industry welcomed as a sign of renewed investor confidence in the country.
Categories: Around The Web