Carbon Pulse

China's rapid development of renewable energy has led to a slowdown in coal power project approvals, though the existing pipeline of projects could still pose a potential challenge for the country to meet its climate targets, analysts have said.

The US Department of Energy (DOE) has announced $15 million in lab call funding to advance later-stage commercialisation and deployment of industrial decarbonisation technologies.

A bitcoin mining company has sued New York for denying a permit renewal to its natural gas-fired power plant, due to its associated emissions, under the state's flagship climate law.

The Q3 California-Quebec current vintage carbon auction settled at nearly a $3 discount to secondary market prices, well below trader and analyst expectations, sending secondary market California Carbon Allowance (CCA) futures in a volatile spin.

India’s power transition away from coal is highly sensitive to the rate at which battery project costs decline, according to analysts.

Industry and NGOs backed the UK government’s proposal to maintain the gross emissions cap if greenhouse gas removals (GGRs) are included in the UK ETS, and argued their inclusion could incentivise their uptake but additional support will still be needed, according to responses to a government consultation.

Large amounts of money will begin to flow into regenerative agriculture around the world next year, as organisations become more comfortable with financing it, the managing director of Pollination has predicted.

Driving international emissions trading of carbon removal (CDR) credits can balance out geographical differences, such as storage suitability occurring in some regions and not others, and, when combined, can significantly scale new technological capacity and bring down costs, according to a new report.

A Massachusetts state agency has released a five-year plan for preserving nature in the region, aiming to double its land protection efforts and implement restoration activities in water ecosystems by 2030. 

A carbon financier has gained exclusive access to 371,000 voluntary credits from reforestation projects in Ghana, which can now provide Internationally Transferred Mitigation Outcomes (ITMOs) to Singapore, it said Wednesday.

South Korea has published its updated National Biodiversity Strategy and Action Plan (NBSAP), outlining actions to scale up nature conservation efforts, including expanding Other Effective area-based Conservation Measures (OECMs) to bridge the country's huge gap in marine protection.

A London-based investment management company and climate project developer has become the first to receive carbon credits under Verra’s latest cookstoves methodology, VMR0006 version 1.2, the company confirmed to Carbon Pulse.

A nature mapping provider active in the voluntary carbon market has closed a Series A round, with the funding to be used to expand its library of data and insights on global forest cover.

Feasibility constraints that prevent some governments from implementing climate policies, such as a carbon tax, significantly reduce the likelihood of limiting global warming to below 1.6C, according to a study that found keeping to 1.5C no longer possible.

European carbon allowance prices were marginally weaker at midday after early strength was unwound when the weekly position data showed investment funds significantly cut their bearish bets, suggesting that the risk of a short squeeze has receded.

The G20 should support a credible market for biodiversity credits by taking measures to improve their uptake, the UN Environment Programme Finance Initiative (UNEP FI) has said.

Malawi’s Ministry of Natural Resources and Climate Change (MNRCC) has provided a Letter of Authorisation (LoA) that permit up to 1.4 million carbon credits to be issued to a cookstoves project in the country and then be correspondingly adjusted under Article 6.2 of the Paris Agreement.

Members of the Asia Zero Emission Community (AZEC) have agreed to expand their collaboration in decarbonisation projects with dozens of agreements signed, highlighting the developments of hydrogen, ammonia, and sustainable fuels.

The costs of one of Australia’s upcoming LNG developments are set to rise thanks to Safeguard Mechanism requirements, adding around 30% to the price per unit of gas.

Challenges facing the New Zealand emissions trading scheme in the near term that have yet to be resolved will have a direct impact on foresters, and those in the sector should not be afraid from having the difficult conversations, a conference heard Wednesday.