Carbon Pulse

Gold Standard has updated its fee structure for registry accounts and certification processes, with two different pricing options for issuing credits, the standard body announced on Friday.

The world may not keep warming to less than 2C over pre-industrial levels based on the petroleum reserves of members of the G20, a report cautioned Friday.

European carbon prices struggled for direction on Friday with participants said to be anticipating options expiry next week, as the benchmark charted a course for a 2% weekly loss following a string of bearish sessions this week.

Plans to develop carbon capture and storage (CCS) in France have made headway over the past months and will resume as soon as the political situation stabilises and the 2025 budget is voted, an official told EU policymakers on Thursday.

Prices in China’s national emissions market hit a two-month low over the past week, though some expect it to recover later this month ahead of the Dec. 31 compliance deadline.

Japan has opened a public consultation on rules aimed at providing clarity on the registration of international emissions reductions under the Joint Credit Mechanism (JCM) in line with Article 6 of the Paris Agreement.

Australia has committed to spend A$165 million ($106 mln) through various initiatives towards domestic regional decarbonisation technology initiatives, including critical minerals, hydrogen, and renewable energy.

A US District Court judge on Thursday delayed the trial of former C-Quest Capital executives Ken Newcombe and Tridip Goswami, who both face federal fraud charges, with the ex-CEO to be placed in a protective "bubble" as he undergoes drastic cancer treatment.

The world will need to embrace fundamental demand drivers, such as more entrenched carbon pricing, in order to drive decarbonisation of hard-to-abate mineral processing work and encourage buyers' willingness to pay a green premium, global miner Rio Tinto told shareholders Thursday.

California Carbon Allowance (CCA) future prices dropped over the past week as market participants positioned themselves ahead of option expiry, while Washington Carbon Allowances (WCAs) continued their decline heading into the final carbon permit auction of the year.

Alberta released its strategy Wednesday, which aims to attract AI data centre investment, availing of the Canadian province’s natural resource abundance, power-generating capabilities, cool climate, and business-friendly regulatory environment.

A Canadian climate tech firm is looking to tap the “lucrative” voluntary carbon market to help fund a breakthrough in almost completely decarbonising the production of graphite, which is used to make batteries.

The US EPA failed to monitor the deployment of $836 million that was spent on helping schools across the country replace existing school buses with zero-emission counterparts, according to a Wednesday report.

With Article 6 rules now in the books following consensus at COP29 in Baku, carbon market watchers said during a Thursday panel that there was still no clarity on when the international market would begin recording its first trades.

The UK government has watered down plans to decarbonise the electricity grid by 2030, setting a new target of achieving at least 95% of clean power by 2030.

Legal experts are calling on the EU to work with the remaining members of an alliance that protects fossil fuel assets to challenge its problematic ‘sunset clause’, and create a replacement that champions clean energy.

The European Commission is likely to put forward a proposal to exclude small companies from the EU's Carbon Border Adjustment Mechanism (CBAM)  in Feb. 2025, a senior official told Carbon Pulse on Thursday.

French Prime Minister Michel Barnier's ousting on Thursday raises new risks and uncertainties for national and EU-wide climate action, particularly for the private finance sector — and it comes just as France begins to show signs of progress, according to an expert.

EU member states can still use Article 6 for above-and-beyond mitigation, the head of the EU’s international carbon markets diplomacy taskforce told Carbon Pulse at the sidelines of a conference on Thursday, despite the bloc's current plans to avoid using international carbon credits towards UN climate goals.

The EU should reconsider exempting the least developed countries, as well as Ukraine, from its incoming carbon border fee, and use its revenues to help developing countries decarbonise their industries and minimise the blow, a think tank recommended this week.