Carbon Pulse

The introduction of green public procurement (GPP) has great potential to significantly drive down China's emissions associated with construction materials, particularly steel and cement, according to a report published Tuesday.

Vietnam has many legislative and legalistic levers to pull when it comes to attracting much needed investment into clean energy, with its 2028 carbon pricing mechanism among them if well designed, a report has found.

China should introduce new policies to reverse the dynamics in its oversupplied carbon market, as the carbon price is still far from the optimal level for meeting the country's climate targets, a report has argued.

Protecting 30% of areas held by big landowners in the Brazilian Cerrado could avoid 13% of the expected biodiversity loss by 2070, while failure to do so would see vast areas of nature lost, a study has found.

A Japanese consortium is planning a multistep programme to develop clean fuels via capturing CO2 from industries that cannot be easily transitioned to lower emissions via electrification or the use of hydrogen to create new ‘e-fuels’ produced in Australia that can be used in place of traditional fossil fuels.

Australia’s Woodside Energy has bought nearly all the Australian Carbon Credit Units (ACCUs) it needs to meet its compliance obligations to 2030 under the Safeguard Mechanism, according to its climate report released Tuesday.

Japan will next month certify 63 more Other Effective area-based Conservation Measures (OECMs) that businesses can choose to support financially in exchange for biodiversity support certificates, the environment ministry announced Tuesday.

Investor sentiment in New Zealand’s forestry sector is low, as the industry looks to the newly-elected coalition government to provide details on proposed policies and address overhanging issues left over from the previous Labour administration, market participants told Carbon Pulse.

Two oil and gas majors and a gas shipping company have joined an initiative aimed at improving technologies to measure and mitigate methane emissions from the maritime sector, in an effort to reduce pollution from the use of  LNG as a fuel. 

Companies should shift towards carbon removals with durable storage in their credit-buying strategies as opposed to credits for emissions avoidance or reductions, say academics in updated offsetting guidance.

Most of the companies driving tropical deforestation are failing to address their impacts, with one-third lacking commitments and almost two-thirds showing little evidence of implementing them, a study has found.

BC’s ministry of finance anticipates reduced revenues from the provincial carbon tax but will allocate more funding to quarterly rebates for eligible residents, according to government documents published Thursday.

RGGI Allowance (RGA) prices held near their record highs on thin volume over the past week, as participants anticipated more movement ahead of the Q1 auction next month.

Italian oil giant’s plans to produce thousands of tonnes of biofuel crops in Africa is falling short, an NGO’s study reveals.

California electricity sector CO2 emissions continued to dip to record lows in January, even as natural gas maintained its historically high share of the state's energy supply, data published Friday showed.

A trade deal between Brussels and four members of the South American Mercosur economic group would compromise UN agreements and EU law, according to a legal analysis issued Monday.

Egypt has defined the legal status of voluntary carbon credits to be traded in the North African country ahead of moves to harmonise a standard set of principles internationally.

Tuesday's vote by the full European Parliament's house on a bill to restore at least 20% of the bloc’s land and sea areas by 2030 is expected to be a 'rubber-stamping' exercise, although farmers' discontent with EU green policies, red tape, and lack of funding has been tearing Brussels apart.

US-based agtech firm Indigo Ag has completed its third carbon crop, more than doubling its post-buffer pool offset supply, it said Monday, while also announcing a new partnership that is expected to expand its network of credit buyers.

A huge number of African REDD voluntary carbon credits were retired by an oil and gas major last week, but spot activity was thin and trading generally lacklustre as prices kept steady.