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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 44 min ago

Timber and pulp sector falls short on zero deforestation disclosure -report

Sat, 2024-08-31 00:06
The tropical timber and pulp industry is falling far short of reporting on its zero deforestation commitments, a new report finds.
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Guardian under fire for damning articles calling carbon credits ‘junk’

Sat, 2024-08-31 00:02
The Guardian has come under criticism for publishing two damning articles about corporates buying ‘likely junk’ carbon credits that came from research that has yet to be broadcast and peer reviewed.
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Researchers seek to ‘demystify’ argument about carbon removals and offsetting

Fri, 2024-08-30 23:46
Both emission reduction credits and those obtained from carbon removals can contribute to the goal of climate neutrality and shouldn't be considered as opposing parts of carbon abatement strategies, according to a peer-reviewed paper published this week.
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Mexican project to generate first biodiversity credits under BioCarbon standard

Fri, 2024-08-30 23:35
A nature conservation project in Mexico is set to generate the first batch of biodiversity credits under the BioCarbon standard, the certifier has told Carbon Pulse.
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Arctic researchers highlight key impacts of global climate change

Fri, 2024-08-30 23:35
Scientists working in a part of the Arctic particularly sensitive to the effects of climate change cited wetter winters, record-low summer sea ice, and retreat of glaciers as some of the most notable impacts of a warming climate, during a webinar on Friday.
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South Korea to mandate SAF use for all international flights starting 2027

Fri, 2024-08-30 22:16
South Korea is seeking to impose a sustainable aviation fuel (SAF) blending mandate on all international flights departing the country, come 2027, the Ministry of Trade, Industry, and Energy (MOTIE) announced Friday.
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Carbon removal registry closes down amid stagnant voluntary market

Fri, 2024-08-30 21:42
A US-based carbon removal standard body has closed down amid a stagnant voluntary carbon market and tough funding environment.
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Euro Markets: Midday Update

Fri, 2024-08-30 21:08
EUAs were headed for their narrowest weekly trading range of the year on Friday morning as the market appeared to lose direction and activity dwindled as the summer season neared its end, while gas and power markets were firmer, consolidating weekly gains of more than 2%.
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CN Markets: CEA trading activity stable, CCER liquidity remains stagnant

Fri, 2024-08-30 20:39
China’s national carbon market saw its price mostly remain below the 90 yuan ($12.69) benchmark with stable liquidity, while the offset market continued to see low trading volumes as supply remains tight.
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Australian agriculture giant announces carbon partnerships with farmers

Fri, 2024-08-30 19:28
An Australian agriculture giant and real estate company has announced a carbon partnership this week that aims to assist local farmers develop projects.
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Enhanced rock weathering carbon startup wins capital funding from utilities giant

Fri, 2024-08-30 19:00
An enhanced rock weathering startup has secured venture capital financing from a utility corporation, according to a press release.
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Japanese firm partners with fisheries cooperative to generate blue carbon credits through seaweed restoration

Fri, 2024-08-30 18:12
A Tokyo-based asset management firm has collaborated with a fisheries cooperative to generate blue carbon credits through the restoration of seaweed beds in the Japanese city of Kamakura, the firm announced this week.
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NZ Market: NZU price finishes week higher, as market mixed about upcoming ETS auction result

Fri, 2024-08-30 18:07
The NZU price finished the week slightly higher, as the market recorded the second-largest month on record traded volume-wise ahead of next week’s auction.
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Japanese trio commissioned to conduct CCS study in Tokyo metropolitan area

Fri, 2024-08-30 17:49
Three Japanese companies have been tasked to develop a carbon capture and storage (CCS) project to estimate the CO2 storage potential in the Tokyo metropolitan area.
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Respondents describe NZ govt’s Emissions Reduction Plan as high risk, low ambition

Fri, 2024-08-30 16:43
Formal submissions to New Zealand’s draft second Emissions Reduction Plan (ERP) have described it as being high in risk and low in ambition, and unlikely to achieve even the modest goals it sets.
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UN pact reintroduces key fossil fuel transition language after backlash

Fri, 2024-08-30 16:39
Governments have listened to angry calls from a group including multiple Nobel laureates to reintroduce language to a key UN draft pact that explicitly addresses the threat of fossil fuels, after the previous iteration had removed all mention of coal, oil, and gas from the text.
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Taiwan emitters to pay carbon levy from 2026, exact rates to be determined around October

Fri, 2024-08-30 13:21
Emitters under Taiwan's upcoming carbon levy scheme will have to officially pay for their emissions from 2026, according to a set of regulations announced by the environment ministry.
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US ag tech firm announces $10 mln Series A raise

Fri, 2024-08-30 10:12
A US-based agricultural technology firm that quantifies soil carbon announced Thursday the completion of an initial close of $10 million in Series A investment.
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WCI Markets: Post-auction relief rally extends in CCAs

Fri, 2024-08-30 09:45
California Carbon Allowance (CCA) prices raced higher over the week on sizeable futures and options activity, while Washington Carbon Allowances (WCA) steadied ahead of next week’s permit sale.
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Belize poised for $31 mln World Bank deal to include blue carbon

Fri, 2024-08-30 09:15
A Belizean project is undergoing appraisal with the World Bank, positioning the country for a financing package of $30.96 million that includes blue economy and carbon market development.
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