Carbon Pulse

A Swedish biodiversity developer has partnered with the country’s main digital forest and timber marketplace to sell its biodiversity credits on the platform.

Credits tied to single ecosystem services have the potential to drive corporate action in the emerging biodiversity market, as they could help companies effectively address their dependencies on nature, a consultant has told Carbon Pulse.

Widespread exemptions in carbon pricing have resulted in lower-than-expected financial burdens on households, though higher-income earners tend to benefit more due to their consumption patterns, according to new research published by the IMF.

A voluntary carbon market platform has called on the Science Based Targets Initiative (SBTi) to urgently provide clear guidance on the use of carbon credits for mitigating Scope 3 emissions, amid expectations that direction from the standard-setting organisation may not come until late 2025.

More than one-third of a voluntary improved forest management (IFM) project or 6,000 acres (2,400 hectares) in California is burning as a result of wildfires, a nonprofit research group said Wednesday, calling for compensation from registry ACR’s buffer pool.

A clean fuels trade group said Wednesday that it has sent the US Environmental Protection Agency (EPA) a notice of the organisation's intent to sue over the agency's failure to issue timely 2026 volumes under the Renewable Fuels Standard (RFS).

A US-registered public benefit corporation has initiated an ocean-based CO2 removal (CDR) project off the coast of North Carolina by dumping 8,200 tonnes of olivine sand into the sea, targeting an abatement cost under $100/tonne by 2030.

UK businesses have been urged to come together to launch a collective fund to address the current shortfall in available carbon projects in the country by aggregating the purchasing power of different companies looking to offset their residual emissions.

The world’s 22 largest meat and dairy corporations are masters of distraction and denial when it comes to tackling their climate footprint, with a heavy reliance on offsets to meet net zero plans and efforts to block emissions regulation, alongside downplaying methane’s true climate impact, according to a new report.

The Canadian environment ministry is seeking feedback on a white paper released Wednesday that outlines preliminary considerations for nature-based federal offset projects on state-owned or public land.

The US Department of Energy (DOE) published a notice of intent Monday to support R&D projects addressing undocumented orphaned wells (UOW), as well as options for remediation of these major sources of methane.

A tax measure set to appear on a California city’s ballot this November could require Chevron to pay additional fees for oil refined within the region.

A Florida-headquartered algae-based carbon removals (CDR) project developer on Wednesday announced the completion of a Series B2 funding round valued in the tens of millions of dollars.

A global hotel chain announced a new programme on Wednesday to encourage wider adoption of carbon reduction practices across its network of properties.

Gaps in UK carbon accounting regulation are making it more complicated to track UK emissions, according to a new report.

Regulation is becoming a major risk for carbon market participants in a growing number of jurisdictions, experts said at a panel discussion on Tuesday organised by Gold Standard. 

Sugarcane suppliers will receive R$2-3 ($0.50) per tonne of cane converted into ethanol and then CBio credits, which represent 1 tonne CO2 avoided relative to conventional fossil fuels, according to Brazilian media.

The South American country, which as of 2023 accepts select carbon credits in lieu of payment of its $5 per tonne tax, will see minimal supply emerge in 2024 despite hopes that the mechanism would take off once liable entities had sufficient time to source offsets.

The shareholders of a UK forest carbon fund have voted to accept a bid from an investment vehicle, owned by an existing shareholder, to acquire the firm, according to public documents.

Azerbaijan's COP29 presidency is bringing together top negotiators next week to advance complicated talks on two of Baku's priorities for the summit - agreement on a new global climate finance goal, and finalisation of the Paris Agreement's rules for international carbon markets, it announced on Wednesday.