Carbon Pulse

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.

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.

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.

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.

The Voluntary Carbon Markets Integrity Initiative (VCMI) officially launched a public consultation on its Beta Scope 3 Emissions Guidance on Thursday, with the VCMI executive director expressing hope that SBTi would align with its carbon crediting guidance.

The incoming Azerbaijan presidency of the COP29 climate conference on Thursday distributed a letter to all parties and observers encouraging early submission of climate progress reports to help accelerate the newest UNFCCC transparency framework.

A template for carbon removal (CDR) offtake agreements sheds light on what buyers want in a voluntary market that is characterised by opacity and often limited legal capacity among smaller suppliers, according to specialist law firm.

Over a quarter of existing forests worldwide, 320 million hectares, could become agriculturally productive by the end of the century due to the effects of climate change, with potentially grave impacts on biodiversity, a paper said on Thursday.

South Australia has announced the allocation of A$11.4 million ($8 mln) in grants to help landowners enhance and protect nature within their properties.

The inventor behind the commercialisation of biodegradable plastic has turned his hand to scaling up sustainable aviation fuel (SAF), and says that producing from corn carbohydrates can be 'carbon negative', lower cost, and more energy efficient than using CO2 as a feedstock.

The EU needs to advance preparations for its upcoming carbon market for road transport and heating fuels, known as ETS2, as new tariffs on Chinese electric vehicles may convert into higher costs for consumers, experts told Carbon Pulse.

Article 6 is under threat from rising unilateralism, especially from some of the most influential parties, while isolated efforts to raise integrity in the voluntary carbon market will not be enough, a new report has argued, urging countries to unite around UN carbon markets to drive sufficient climate finance to meet the Paris Agreement goals.

Brazil’s carbon sector is set to be most affected by the changes to the REDD+ project assessment methodologies by credit certifier Verra, according to new data analysis carried out by Carbon Pulse.

The Labour Party-led UK government, in power since July, will not defend against green groups’ legal challenges to the previous Conservative government’s oil and gas licences for two major new sites off the coast of Scotland, it announced on Thursday.

European carbon prices slipped back to test a support level from the start of the week amid weaker natural gas prices, shrugging off the strongest auction in three weeks as EU-wide emissions continued to decline, while UK Allowances rose to a seven-week high.

A carbon ratings agency is to make its headline ratings available on a Latin America-based registry platform, aiming to increase engagement in emerging markets.

Half of the countries in the world have at least one type of freshwater ecosystem in a state of degradation, following impacts on lakes and mangroves, UN bodies said on Wednesday.

British power company Drax has agreed to pay £25m to a voluntary redress fund after the UK energy industry regulator found it had submitted inaccurate sustainability data on the sourcing of wood pellets for its biomass plant in north Yorkshire, it said Thursday.

European refiners have low expectations for e-fuels production by 2030 and are instead planning to develop advanced biofuels to meet EU climate goals, the sector’s trade association told Carbon Pulse in an interview.

A non-profit has reduced the potential size of a UK marine voluntary biodiversity credit project by approximately 89%, down from the 52,200 hectares initially considered, to ensure the initiative is as credible as possible, Carbon Pulse has learned.