Carbon Pulse

A US-based data intelligence company has launched a new platform to support decision-making on biodiversity conservation efforts across the country's Western states.

The Science Based Targets initiative (SBTi) is inviting financial institutions to apply to take part in its pilot standard for net zero targets in the sector, it announced on Wednesday. 

The German government will not introduce a law to bring forward the country's coal exit date from 2038 to 2030, the country's economic minister, Robert Habeck, said on Tuesday, national media reported. 

Puro.earth, a registry and certification standard for durable carbon removal, will revise its enhanced rock weathering methodology taking into account initial projects’ feedback, it said Wednesday.

The use of low-carbon steel would help to reduce CO2 emissions in European car production by 6.9 million tonnes in 2030, adding little extra cost to the price of electric vehicles, according to research published on Wednesday.

A carbon trading tech startup will acquire another firm specialising in large-scale carbon dioxide removal (CDR) projects, the two companies have announced.

A UK-based durable carbon removals company will use Xpansiv's exchange platform to sell credits to corporate and intermediary participants around the world, underpinned by a standards-setter and carbon insurance specialist, they announced on Wednesday.

EU carbon prices were little changed at midday on Wednesday as the energy complex gave up early gains and after weekly position data showed investment funds had shifted their holdings in favour of greater length during last week's 4.3% price rally, while UK Allowances steadied after falling 10% in the previous three sessions.

The Republic of Ireland has allocated €22.3 million to advance research on sustainable agriculture, including exploring opportunities for farmland nature credits.

Offshore gas investments in Southeast Asia are set to more than double over the next four years, according to research released Wednesday, with a myriad of fossil fuel projects in the region ready to be executed.

A certifier has validated a new methodology for carbon capture and utilisation, developed by a British cleantech startup focused on hard-to-abate sectors.

Malaysia is discussing bilateral agreements with countries in the region to establish itself as carbon capture, utilisation, and storage (CCUS) hub, while creating rules, regulations, and incentives to attract project developers, an official told a conference Wednesday.

Australia on Wednesday announced it will establish 12 new Indigenous Protected Areas (IPAs), spanning 7.5 million hectares of land and 450,000 ha of sea.

Australia’s carbon capture and storage (CCS) industry will struggle to scale and be part of achieving the country’s climate goals without further political support, an expert told a conference Wednesday.

The New Zealand government on Wednesday announced the main pillars of a new climate strategy that will rely on the emissions trading scheme and nature-based solutions as two of five major focus areas.

British Columbia and Quebec have emerged as leaders in Canada’s “fragmented” energy transition that is driven by provincial actions, while Saskatchewan largely remains behind other jurisdictions in advancing climate goals, webinar participants heard Tuesday.

A South Dakota carbon pipeline law faces a petition with tens of thousands of signatures that could send the measure to a vote in November, as a sustainable aviation fuel (SAF) industry-backed campaign has emerged to defend the regulation.

A coalition of green groups have signed letters to the 10 RGGI states, urging their environmental authorities to clarify the schedule of anticipated changes to the power sector carbon market, now six months overdue its targeted conclusion date.

The government of Alberta signed Monday a carbon sequestration agreement with the Canadian subsidiary of oil major Shell and a global energy firm, as the province continues its efforts to expand carbon capture, utilisation, and storage (CCUS).

A federal appeals court on Tuesday denied an attempt from several US states and industry groups to block recent Environmental Protection Agency (EPA) rules to limit methane emissions from the oil and gas sector.