Carbon Pulse

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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 58 min ago

Gold Standard unveils new voluntary carbon mangrove methodology with remote sensing

Thu, 2024-08-22 17:47
Gold Standard has revealed its first methodology for mangrove projects, which enables remote-sensing for measurement and impact quantification.
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Colombian carbon developer prepares to sell first Indigenous-led biodiversity credits

Thu, 2024-08-22 17:44
A Bogota-based carbon developer is piloting a biodiversity credit conservation project in an Indigenous reserve in the Amazon, planning to put the first credits on sale after COP16 in Colombia, the company has told Carbon Pulse.
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Forestry driving beef and sheep farm conversions in New Zealand, with or without carbon pricing, research finds

Thu, 2024-08-22 16:52
Four research programmes suggest a likely increase in pine plantations across agricultural land in New Zealand, even with a low or zero carbon price.
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Verra opens public consultation on additionality tools to align with CCP voluntary carbon label

Thu, 2024-08-22 16:40
Voluntary carbon standard Verra has launched a public consultation for two of its tools in order to assess the additionality of project activities, with an aim to align them with the Core Carbon Principles (CCP) label of the Integrity Council for the Voluntary Carbon Market (ICVCM).
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INTERVIEW: Tech company targets first sovereign carbon issuance valued at $300-600 mln later this year

Thu, 2024-08-22 16:22
A financial data and trading platform firm is targeting Q4 this year to facilitate $300-600 million worth of sovereign carbon issuances from countries in the Global South, as it hopes to restore trust and build scale in new international carbon markets.
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Advocates overshadow industry’s cost concerns under Oregon CPP with calls for stricter rules

Thu, 2024-08-22 15:57
Industry complaints about compliance costs under Oregon’s proposed Climate Protection Program (CPP) rule were eclipsed by environmental advocates’ calls for immediate implementation of a more stringent scheme at Wednesday’s public hearing held by the programme’s regulator.
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China approves far fewer coal plants, but pipeline remains robust

Thu, 2024-08-22 10:00
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.
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US DOE unveils $15 mln to support market entry of industrial decarbonisation technologies

Thu, 2024-08-22 09:45
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.
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Cryptocurrency company sues New York for denial of its power plant renewal permit

Thu, 2024-08-22 09:29
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.
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WCI Q3 auction settles at lowest in 18 months, sparking volatility in secondary market

Thu, 2024-08-22 05:52
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.
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India needs cheaper battery costs to help transition away from coal to renewables -report

Thu, 2024-08-22 03:03
India’s power transition away from coal is highly sensitive to the rate at which battery project costs decline, according to analysts.
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Emissions cap should be maintained if carbon removals included in UK ETS, say consultation respondents

Thu, 2024-08-22 01:36
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.
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Regenerative agriculture finance to mobilise at scale in 2025, says executive

Thu, 2024-08-22 01:19
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.
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International emissions trading and carbon removal deployment go hand in hand, argues report

Wed, 2024-08-21 23:43
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.
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US state agency delivers five-year plan to boost biodiversity protection

Wed, 2024-08-21 23:38
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. 
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Reforester in Ghana signs deal with carbon financier to boost credit supply

Wed, 2024-08-21 23:37
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.
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South Korea bets on OECMs in updated biodiversity plan to achieve marine conservation target

Wed, 2024-08-21 23:17
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.
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INTERVIEW: UK developer receives first carbon credits from Verra’s new clean cooking methodology

Wed, 2024-08-21 22:28
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.
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Voluntary carbon data firm raises Series A funding round

Wed, 2024-08-21 22:00
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.
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Carbon tax constraints reduce likelihood of limiting global warming to below 1.6C -study

Wed, 2024-08-21 21:41
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.
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