Carbon Pulse

Current climate policies imply a high risk for tipping Earth resources, even if the temperature increase returns to below 1.5C after a period of overshoot - but these could be minimised if warming is swiftly reversed, according to a study published on Thursday.

A startup holding several CCS MoUs with Japanese companies has been awarded two offshore greenhouse gas storage permits by the Australian government after being approved for work programmes worth over A$270 million ($176 mln).

Hong Kong Exchanges and Clearing (HKEX) has listed Gold Standard's Verified Emission Reductions (GS-VERs) on its voluntary marketplace Core Climate, it announced Thursday.

China's environment ministry on Wednesday evening announced it had approved, in principle, a draft allocation plan that will determine the supply-demand dynamics in the national emissions market over the 2023-24 period.

A bipartisan group of US senators on Tuesday urged President Joe Biden’s administration to limit an upcoming biofuels tax credit to those produced from domestic feedstocks.

Renewable diesel (RD) will comprise a majority of credit generation in Canada’s Clean Fuel Regulation (CFR) market by 2030, analysts told a webinar Wednesday, as an industry association speaker pointed to factors that could impact the actualisation of that trajectory.

A Democratic member of the US House of Representatives introduced Tuesday legislation that would set an enforceable, economy-wide cap on greenhouse gas (GHG) emissions, requiring emitters to purchase allowances under a declining cap from auctions conducted by the Environmental Protection Agency (EPA).

An environmental nonprofit announced Monday it has joined appeal efforts of Pennsylvania's exit from RGGI, after a decision by the state Supreme Court earlier this month allowed a group of similar organisations to intervene in favour of reinstating the state's participation in the US regional market-based program to reduce greenhouse gas emissions.

EU member states will auction 4% more EUAs between September and December this year compared to the same period in 2023, after the European Commission decided to make no changes to the number of permits it sells to fund the bloc’s transition away from Russian fossil energy.

National and state-level jurisdictional REDD (J-REDD) carbon credits are expected to trade as high as $12 per tonne in the early stages of the market’s development, a webinar heard Wednesday.

A startup designing automated production machines that convert in-field agricultural crop waste into carbon-rich biochar, has raised $21.5 million in a Series A round.

Retailers around the world could feasibly reduce their supply chain emissions by 15% across the system using existing technologies, while new innovations and practices could enable an extra 40-50% reduction, according to a report released on Wednesday.

A UK-based forest carbon standard has published an update to its registry fees and confirmed that it has now validated over 650 projects worth nearly 12 million tonnes of sequestration.

Tech giant Microsoft accounted for more than 90% of durable carbon removals over the first half of 2024, according to analysis published Wednesday.

The Science Based Targets initiative (SBTi) – a focal point for recent debates on the use of the voluntary carbon market (VCM) to meet corporate climate goals – last week launched a public consultation on a new net-zero standard for financial institution (FI) Scope 3 emissions.

An AI-focused startup that develops cleaner materials has appointed a new advisor from Climeworks, following a long career at ExxonMobil, the startup announced on Tuesday.

International treaties aiming to protect investments in fossil fuel assets are already undermining international efforts to achieve net zero, according to a report published on Wednesday.

A sustainable fashion company based in Pakistan has received Science Based Targets initiative (SBTi) validation for its near-term and net-zero greenhouse gas (GHG) emission reduction targets, the company said in a press release. 

A consultancy focused on shipping analytics and environmental compliance has opened a new Singapore office to help meet Asian demand for EU ETS-related solutions.

An EU-wide public consultation on greenhouse gas monitoring and reporting rules under the EU’s Emissions Trading Scheme (EU ETS) has yielded many reactions on recycled carbon fuels (RCFs) as one of the potential avenues to decarbonise aviation and maritime transport.