Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 21 min ago
EKI Energy director resigns, citing ‘unavoidable circumstances’
A director at India’s largest carbon offset developer has tendered his resignation amid what he called “unavoidable circumstances” in a company filing to the Bombay Stock Exchange.
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Ten banks fuelling deforestation in Paraguay’s Gran Chaco, NGO finds
Ten financial institutions have invested more than $1.7 billion between 2021 and 2023 in two meatpacking companies allegedly associated with deforestation in Paraguay's Gran Chaco, according to an NGO investigation.
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UN warns of worsening land drying, as pressure mounts on desertification COP
The UN Convention to Combat Desertification (UNCCD) has raised concerns over the alarming increase in land aridification registered in the past few decades, as pressure has mounted on negotiators in Ryhad to seek solutions to the ongoing crisis.
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INTERVIEW: Carbon removal coupled with desalination brings multiple benefits, says startup
A startup with an electrochemical method of removing CO2 from water claims it can simultaneously reduce the energy requirement and cost of desalination, with potential for significant mitigation were it to scale up.
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Euro Markets: Midday Update
European carbon prices posted a modest gain at midday, tracking movements in front-month natural gas and fluctuating between two key options strike prices, as the market positioned itself ahead of Wednesday's options expiry.
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Australian steel company invests in low-carbon mill
Australia is set to get a new, low-carbon steel mill in Queensland built by one of the nation’s largest steel suppliers, who buys from local and international sources.
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29 banking jurisdictions beginning nature focus, UNEP FI says
Some 29 jurisdictions, totalling more than €75 trillion of banking assets, have started reflecting nature-related considerations in their regulations, the UN Environment Programme Finance Initiative (UNEP FI) has said in a report.
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Balancing power generation technologies could save €65 trillion by 2050, cut carbon by 21% -report
The deployment of balancing power generation technologies such as flexible gas-fired plants and energy storage, alongside renewables, could slash cumulative power system costs by €65 trillion and cut carbon emissions by 21% by 2050, according to a new report.
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FEATURE: Carbon market experts see huge potential for crediting SF6 emissions mitigation from grid expansion
Market experts see significant potential in crediting the reduction of sulphur hexafluoride (SF6) emissions linked to grid expansion in the power sector and the clean energy transition, with a German government-backed initiative also looking at the role of carbon finance in the relatively untapped field of mitigation.
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Experts warn CCP-approved REDD carbon methodologies risk significant over-crediting
The Integrity Council for the Voluntary Carbon Market (ICVCM)'s quality assessment process has been put under the spotlight after current and former experts of the stakeholder initiative's expert panel warned that three recently-approved REDD methodologies could produce “large volumes” of over-crediting.
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New partnership targets full-chain carbon capture and storage solutions
A carbon capture technology developer has partnered with a carbon storage provider to offer an integrated solution for reducing industrial emissions, the two companies announced on Tuesday.
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Carbon savings from clean tech “vastly outweigh” mining impact -study
The total carbon footprint of mining and refining critical raw materials (CRMs) is set to skyrocket 155% by 2035 if no action is taken to reduce environmental impact – but the carbon savings enabled by CRMs outweigh those emissions by a factor of 80, according to a new study.
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Poland puts energy security on top of EU presidency agenda, sidelining climate
Poland is preparing to take over the EU’s six-month rotating presidency at a time of war, the country’s minister of state assets told an EU audience on Monday, saying “immediate security considerations” should take precedence over climate in these troubled times.
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Japanese climate tech company acquires software firm to improve emissions data accuracy
A Tokyo-based climate tech company has acquired a software firm to streamline emissions data collection and improve the accuracy of primary data, it announced Tuesday.
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Australia consults on sunsetting unused ACCU methods
The Australian government is seeking feedback on how carbon credit methodologies that have not been taken up should be retired.
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California regulators delay decision on profit cap for oil refiners
A California agency told media outlets it would be delaying a key decision on implementing the governor’s plan to cap oil refiners’ profits.
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Western Canadian business groups file legal challenge against federal greenwashing law
Two Western Canadian business associations filed a lawsuit against the federal government claiming that a recent law designed to tackle greenwashing violated fundamental Canadian rights.
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Industry veteran launches new Houston-based environmental brokerage, consulting firm
A financial markets veteran has started a new Houston-based brokerage and consulting firm specialising in environmental credit solutions.
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Canadian carbon markets at risk of oversupply -report
A think tank suggests that Canadian provinces’ large-emitter trading systems would require reform to prevent a credit oversupply which they say could undermine effectiveness of reducing industrial emissions via such market-based mechanisms, in a report published Monday.
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California scraps e-motorcycle sales target mandate
California regulator ARB last week shelved its plans to ramp up zero emission motorcycle (ZEM) use in the state by mandating sales targets and imposing stringent rules on internal combustion engine (ICE) counterparts.
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