Carbon Pulse

International shipping targets would need to be "very stringent right from the start", to align with the International Maritime Organisation (IMO) strategy and reach net-zero emissions by 2050, according to a report released Thursday.

The current model of just energy transition partnerships (JETPs) to help developing countries decarbonise is not working, and an improved model should be created, according to a paper published Thursday by philanthropic and environmentalist NGOs.

A Japanese shipping giant has carried out an insetting pilot featuring the tokenisation of emissions reductions as part of a broader target to decarbonise its supply chain, it announced Thursday.

Land-based measures show the highest potential to support CO2 removal (CDR) in the near term, but the world's climate targets will not be met without the deployment of a range of such solutions at a multi-gigatonne scale, with ocean-related technology holding the most large-scale promise long term.

Indonesia’s former defence minister Prabowo Subianto declared victory late Wednesday in Indonesia’s presidential election, after unofficial tallies showed he had secured a majority of the votes.

California compliance-grade offset issuance over the last three weeks fell to almost 45% below January’s distribution, with units offering direct environmental benefits (DEBs) to the state also trailing the prior month, according to data published by state regulator ARB on Wednesday.

Oregon’s Clean Fuels Program (OCFP) generated a record-high volume of credits for the second consecutive quarter, growing the programme’s credit bank amid cratering secondary market prices, according to state data published Tuesday.

A climate solutions company specialising in technology to cut methane emissions and deliver affordable zero-emissions hydrogen has closed on a $10 million investment to further develop its offering.

A carbon capture technology company is looking to raise capital via a private placement of shares to fund expansion into the US and develop its technology further.  

The Article 6.4 Supervisory Body, mandated to shape the rules governing carbon crediting under the Paris Agreement, will come together to discuss several procedural mechanisms and the role of a centralised registry at the end of February, as observers noted with surprise a developed appendix dedicated to REDD+ activities in one of the draft documents published ahead of the meeting.

Fossil fuel companies should be held accountable for their contribution to inflation, and kept at arm's length from policy making, just like tobacco lobbyists, according to groups heard on Wednesday by the European Parliament's Petition committee.

The European Commission is "not too worried" about the tumbling price of carbon allowances, Kurt Vandenberghe, director-general of DG CLIMA, told a virtual event on Wednesday.

A New Mexico bill to implement a clean fuel standard by mandating a reduction in transportation fuel carbon intensity (CI) passed the legislature on Tuesday and now awaits approval by the governor.

Members of the joint European Parliament committees for the Internal Market and for the Environment adopted on Wednesday new rules regulating the use of carbon credits by EU companies.

A Montreal-based carbon removal project developer announced partnering with another European direct air capture (DAC) company on Wednesday, to pilot new carbon removals technology in Canada.

Reaching net zero emissions by 2050 means that no new unabated coal plants should be built and no new long lead-time conventional oil and gas projects are needed, the International Energy Agency’s 31 member countries said on Wednesday.

As much as 75% of habitats in the Americas are under protected, falling below the Convention on Biological Diversity's (CBD) target of 30% preservation due to monitoring flaws, researchers have found.

A US-headquartered food and beverage company has become the first firm to secure financing from Banco do Brasil as part of a newly-announced programme aimed at advancing the export chain of nature-friendly, low-carbon products from Brazil.

By 2050, some 10-47% of the Amazon rainforest will be threatened by increased disturbances, endangering adjacent forests through meteorological feedback loops and risking permanent degradation, according to a study published Wednesday.

The UK’s North Sea Transition Authority (NSTA) on Wednesday opened a consultation looking at the kind of carbon storage information that should be made publicly available and on what timescales, in a move that it says will support project planning and decision-making.