Carbon Pulse

Southwest Airlines has announced a strategic $30 million investment in sustainable fuel firm LanzaJet as part of a strategy to develop a sustainable aviation fuel (SAF) production facility in the US.

Idle ships at anchor around the globe will be able to earn carbon credits under a new methodology approved by Gold Standard.

The US Forest Service, responsible for stewardship of public forest acreage, has failed to assess the effects of its logging projects on carbon storage and emissions, an environmental law firm said in a lawsuit filed Monday.

A long-awaited report by Human Rights Watch (HRW) investigating a Cambodian REDD+ project has found developers failed to obtain free, prior, and informed consent (FPIC) from Indigenous communities, some of whom are said to have been arrested and had their livelihoods destroyed as a result of the scheme’s operations.

Allowance holdings of power sector emitters under the RGGI carbon market increased at the end of the fourth quarter in 2023 as emitters narrowed their net short position significantly, while quarterly trade volumes beat both year-on-year and prior quarter amounts, according to a report published Tuesday.

The New Zealand government has announced an independent review into the forestry sector component of the ETS to ensure it is efficient and cost-effective, it announced Thursday.

A sustainable fund focused on improving water security in east England has been announced by US-headquartered non-profit The Nature Conservancy (TNC) and Anglian Water with a target raise of £30 million ($38 mln).

Stakeholders flooded the ARB with comments about proposed changes to California’s Low Carbon Fuel Standard (LCFS) programme, with broad support for tightening the programme but opposing views on a slew of draft rules including the sunsetting of avoided methane crediting, reversing intrastate jet fuel exemptions, and pushback against increased reporting requirements.

Argentina’s timber industry is critical to the country while lending itself to sustainable natural resource management, according to the Bioeconomy and Industry Secretariats.

Guyana will become the first country to see millions of its voluntary carbon credits deemed eligible and made available for global buyers in current phase of the UN's CORSIA international aviation offsetting scheme.

EU countries should explore a wide variety of technological solutions to achieve the bloc's target to cut emissions by at least 55% by 2030 compared to 1990 levels, experts suggested on Wednesday.

The UK must make overtures to link its ETS to the EU’s emissions market in order to avoid substantial carbon tariff burdens in Northern Ireland, though ‘non-discrimination’ challenges could apply under World Trade Organisation (WTO) rules regardless, experts have told Carbon Pulse.

Brazil has teamed up with a large global climate finance group to rapidly ramp up funding for the protection of the Amazon rainforest and scale clean energy development.

Cuba has legislated financial incentives to generate CO2 removals via improved forest management (IFM) through a certification process mediated by the government, according to a resolution published in the country’s Official Gazette on Feb. 21.

A North American timberland owner has joined forces with a Texas-based energy to explore the potential for CO2 sequestration opportunities across a vast expanse of the southern US.

Financial institutions have been invited to sign a statement, calling on governments to agree on mandatory corporate disclosures on plastic pollution, by UN Environment Programme Finance Initiative (UNEP FI)

Germany's Uniper's EU coal-fired power generation fell by more than one-fifth last year, the utility said in an annual report on Wednesday.

A voluntary carbon standard has opened a consultation on a new afforestation, reforestation, and revegetation methodology, weeks after it had announced it will exclusively focus on crediting nature-based solutions and move away from older UN crediting programmes.

Brazil has launched an initiative to lay the groundwork for a common framework on bioeconomy as a part of its G20 Presidency, though political divisions threaten to hamper the process, an expert involved in the talks told Carbon Pulse.

A developer of direct air capture (DAC) says that its technology’s low energy use requirements compared to other methods will allow it to scale up faster by connecting to the grid.