Carbon Pulse

A voluntary carbon trading platform’s sale of 1.5 million Internationally Transferred Mitigation Outcomes (ITMOs) at a minimum of $10 each generated by clean cooking projects in Malawi has cleared, meeting the reserve price in the final minutes across all three lots on offer before closing.

Austria and the Netherlands are trying to expand the scope of the EU's Emissions Trading System (ETS) by including agricultural activities and additional means of transport under the upcoming ETS2.

The UK is off-track to meet its landmark carbon capture, utilisation, and storage (CCUS) ambition for 2030, according to a report published on Tuesday.

An international aircraft manufacturer and several partner companies have invested in the production of sustainable aviation fuel (SAF), with a combined commitment of approximately $200 million, the manufacturer announced on Tuesday.

European Parliament committees held their first constitutive meetings on Tuesday, focusing on the election of chairs and vice-chairs for a two-and-a-half year mandate.

The European Commission's newly updated guidelines on how to store CO2 in geological reservoirs could lead more companies to opt to shave their carbon costs by storing emissions. 

The UK government should urgently increase funds for nature-friendly farming, as the current level of investment is insufficient for the country to meet its biodiversity and climate goals, a report has said.

Iowa-based Summit Carbon Solutions, which develops one of the world’s largest carbon removal projects, has chosen a Canadian technology company as its carbon system of record. 

European carbon prices were modestly firmer on Tuesday morning as traders looked ahead to a pause in the auction programme on Wednesday, while analysts pointed to a technical rally after Monday's 2.4% drop.

A UN taskforce is reportedly set to oppose the use of voluntary market credits to offset emissions, arguing that companies should invest in reducing their own emissions rather than relying on trading.

A Brazilian standard is set to issue its first biodiversity credits generated through two separate conservation and restoration projects in the Pantanal and the Atlantic Forest biomes, Carbon Pulse has learned.

A British environmental markets consultancy is partnering with a Danish company specialising in regenerative agriculture and soil carbon certification, they announced on Tuesday.

China should consider creating a bilateral model with countries under the Belt and Road Initiative (BRI) to help drive down emissions through an international cooperation approach proposed by the Paris Agreement, a report has suggested.

Australia on Tuesday announced A$65 million ($43 mln) in new spending on seven projects to support smaller, more nascent carbon capture, storage, and utilisation projects across the nation, with a focus on technologies to reduce emissions from the cement manufacturing process.

A UK retailer has announced a £1.5 billion investment in its beef supply chain over the next five years to reduce the carbon footprint of its products.

The Voluntary Carbon Markets Integrity Initiative (VCMI) will launch a broad public consultation round to further develop its Scope 3 Claim mechanism, the group announced Tuesday.

RGGI Allowances (RGAs) broke their all-time high settlement twice over the past week but on light volumes, with traders largely attributing market strength to ongoing compliance demand.

California diesel sales in April fell below last year’s levels for the first time in 2024, while gasoline monthly consumption continued to remain below 2023 usage into the start of the second quarter, state data published this week showed.

A Canadian offset project developer will require additional fundraising to fulfil its streaming contracts, it said last week, as its delayed annual financial statements revealed a $250,000 investment write-off.

A new study offers a nuanced look at the impact of land use changes required for sustainable aviation fuel (SAF) production, underscoring the environmental trade-offs involved in replacing kerosene with biofuels derived from six different types of crops.