Carbon Pulse

The recent long-term liquefied natural gas (LNG) supply deal between QatarEnergy and India’s Petronet will increase the South Asian nation’s dependence on fossil fuel imports, though it will help India ensure its energy security, according to experts.

Ghana will press ahead with its own calculation for crediting emissions reductions from cookstoves projects by the end of the second quarter, the African country revealed this week, in a move that could clash with UN plans to create a global carbon standard for the thorny issue.

The Global Biodiversity Framework Fund (GBFF) Council has set out the rules for allocating resources to nature conservation projects, taking a major step forward in enabling the fund to run in full swing.

Some voluntary carbon programmes are "very close" to being approved by the UN's aviation body ICAO for the first phase of its CORSIA international offsetting scheme, the chair of a technical body said on Friday.

A new venture looking to quantify social impact using a similar model to the voluntary carbon market says that placing an economic value on positive social outcomes would help companies identify the best projects and accurately report their environmental impact.

The IUCN Red List of Ecosystems can play a critical role in monitoring the progress of biodiversity conservation and restoration as it addresses 16 of the 23 Global Biodiversity Framework (GBF) targets, a new study has shown.

European carbon allowances broke below a key psychological barrier on Friday morning, setting a new 23-month low as sellers grew in confidence in the face of minimal price support, while a growing number of participants highlighted the price from March 2022 as the next major target to the downside.

Sustainable food and agriculture investment firm Cibus Capital is preparing to launch a natural capital strategy to restore degraded land led by an ex-Blackrock Alternatives executive.

A steelmaking venture is working to reduce its CO2 emissions via a novel carbon capture and utilisation tech, and plans a huge ramp-up in scale of its pilot after receiving fresh government funding.

A large French advertising firm has pledged to spend €20 million for the delivery of voluntary carbon credits over fifteen years to offset its "unavoidable" emissions, in annual results this week.

A climate consultancy has warned the New Zealand government is falling behind its neighbours on developing a plan to purchase internationally transferred mitigation outcomes (ITMOs) to meet its 2030 Nationally Determined Contribution (NDC). 

The proposed amendments to California’s Low Carbon Fuel Standard (LCFS) fail to consider Environmental Justice Advisory Committee (EJAC) recommendations to mitigate environmental risks to communities caused by the policy, and stakeholders should be given more time to provide feedback, EJAC members told state regulator ARB officials at a meeting Thursday.

Australia could begin work on a new, low emissions iron smelter by 2027 if an agreement announced Friday between the nation’s two largest iron ore miners and steelmaker is successful.

Changing climate will batter New York state throughout the 21st century with heat waves, heavy rain, flooding, stronger winds, and storm surges predicted to become increasingly frequent, technical chapters of a multi-year study released Thursday predict.

Washington Carbon Allowances (WCA) prices slowed their recent rate of decline with a sudden uptick to end the reference period, while California Carbon Allowances (CCA) picked up in volumes transacted heading into next week's first auction of 2024.

US standards body Climate Action Reserve (CAR) is seeking stakeholder feedback for a protocol to tackle methane emissions from Argentina’s farm livestock, including its vast beef herd.

A Singapore-headquartered biochar project developer has raised closed its Pre-Series A funding round, bringing total investment secured to nearly $5 million.

The federal government of Canada has not fulfilled its commitment to reimburse C$2.5 billion ($1.86 bln) in carbon tax rebates to small businesses in the provinces of Ontario, Manitoba, Saskatchewan, and Alberta, a Canadian non-profit said Thursday.

A study by US researchers, currently awaiting peer review, revealed that forest carbon leakage varies across the types of projects, forests, and regions in improved forest management projects, and recommended registries change their uniform approach when estimating potential leakage of voluntary forest carbon projects.

The extension of the EU ETS to shipping on Jan. 1 has sparked a new tug-of-war between carriers and charterers founded on cost pass-through and risk management, according to a panel of industry experts on Wednesday.