Carbon Pulse

Eight states last week filed a joint brief at the Supreme Court of the US (SCOTUS) in support of Ohio’s ongoing battle against the Environmental Protection Agency’s (EPA) authorisation of California’s regulations to mandate increasing sales of zero emission vehicles (ZEVs).

The Dominican Republic (DR) has commissioned a consultancy to design a pilot emissions trading system (ETS), Carbon Pulse learned at the Mexican Carbon Forum in Guanajuato this week.

The Federal Public Prosecutor's Office (MPF) in Amazonas clarified Thursday that the suspension recommendation targeting select REDD+ activities in the Brazilian state was an “extrajudicial instrument”, with possible legal ramifications if their counsel was not followed, and provided more details on the relevant compliance timeline and assessment factors.

A coalition of durable carbon removals (CDR) buyers has fully endorsed the Puro.earth standard, making it one of only two bodies to achieve this distinction, a company representative told Carbon Pulse on the sidelines of the Mexico Carbon Forum on Wednesday, as Puro addresses a growing market in North and South America.

A maritime emissions compliance and data solutions provider has released early price estimates for FuelEU’s pooling system in a press feature.

‘Hybrid’ steel plants that blend hydrogen and natural gas are a ‘promising solution’ that could help ease the shift to green steel, according to an analyst at a leading climate think tank.

The New South Wales government in Australia introduced a bill to reform the biodiversity offsets scheme to its Parliament on Thursday, requiring developers take measures to prioritise avoiding environmental harm.

Sentiment in the voluntary carbon market (VCM) is weak with buyers staying away, scared off by the multiple scandals that have plagued the sector, but participants are hopeful the integrity initiatives underway will lead to better times, despite demand-side challenges remaining.

The Science Based Targets initiative (SBTi) should recognise the value of voluntary carbon credits as a stopgap measure for corproate investment while they wait for the cost of some internal emissions reduction levers, such as electrification, to decline, said an environmental consultancy.

Retirement patterns of voluntary carbon credits this quarter will test whether corporate buyers are paying heed to the Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principle (CCP) stamp of integrity, according to analysts.

Two Canadian companies are collaborating to determine whether a proprietary graphite processing method could generate voluntary carbon credits.

The UK could reasonably expect to remove around 6 million tonnes a year of CO2 using enhanced rock weathering, although it would require an expansion of rock crushing operations and could pose new risks around emissions and environmental and public health.

European carbon prices eased slightly on Thursday morning even while energy markets were marginally firmer, as trading activity picked up again after Wednesday's lull despite a public holiday across much of the region.

A New Zealand-based verifier on Thursday announced its verification standard for long-term forestry CO2 capture and storage had been validated by a global certification firm, the first time such a standard will be made available for the voluntary carbon market, it said.

Gold Standard has added a new “Managed Pasture Activity Module” to its Soil Organic Carbon methodology, the carbon offset standard announced on Thursday.

Two investors on Wednesday announced an Australian partnership focused on ecosystem services and regenerative agriculture.

Australia’s Clean Energy Regulator (CER), which oversees Australia’s carbon market, has made the process around gateway checks for human-induced regeneration projects a key priority for the ACCU Scheme over the next year.

Singapore and the Philippines are due to sign a Memorandum of Understanding on carbon credits Thursday night, reinforcing their Article 6.2 collaboration.

China saw strong annual growth in hydro and solar power production in July, while domestic thermal power generation continued to fall amid underwhelming economic recovery, according to government data.

Generative AI models used to create novel materials or assist people in various tasks can advance climate and sustainability goals, according to a report by a venture capital house on Thursday.