Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 36 min 3 sec ago
INTERVIEW: White House guidance needed for regulators considering AI growth
Energy regulators need more guidance when considering the opportunities and challenges of artificial intelligence (AI) on grid reliability, a former chair of the US Federal Energy Regulatory Commission (FERC) told Carbon Pulse.
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CORSIA market liquidity hinges on Article 6 alignment by eligible carbon standards -report
Newly CORSIA-eligible carbon standards under the UN’s aviation offsetting scheme will likely enhance liquidity in this credit-strapped market – but only if emission units comply with Article 6 requirements, and if participating countries institute “correct and balanced” incentives and penalties, as per a report published Wednesday by an international project developer.
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Mining industry faces tough road to decarbonisation amid surging demand for critical minerals -report
The global mining industry faces a steep challenge in its efforts to decarbonise, with emissions reductions falling far short of targets needed to align with international climate goals, according to a new report.
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Stakeholders make final case for OCFP changes ahead of vote on approval
The final draft of Oregon’s Clean Fuels Program (OCFP) requires numerous refinements to better support businesses and drive investments for low carbon initiatives, industry voices told the state's Department of Environmental Quality (DEQ).
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Carbon removal buyers club signs offtake agreement with South American biochar developer
A carbon removal buyers club on Thursday announced a multi-year CDR purchase agreement with a South American biochar producer.
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Energy professionals sceptical UK will hit climate targets
Most energy professionals in the UK believe the country will fail to hit its climate targets, casting doubt over the government's flagship policy to decarbonise the electricity grid by 2030, a survey has found.
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State of Colima approves second-highest CO2 tax in Mexico
The Mexican state of Colima approved a new carbon tax Tuesday, making it the ninth state in the country to adopt such a policy.
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Major carbon ETF adds Washington state allowances to holdings after market survives vote
A major US-listed carbon ETF has added Washington state’s cap-and-trade allowances to its holdings in its latest reweighting.
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Climate finance firm to source 250k credits from US-based soil carbon project
A California-based climate finance firm inked an agreement Wednesday with a carbon farming programme in which the firm will gain access to 250,000 credits sourced from a US-based regenerative agriculture soil carbon project.
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US DAC company raises $150 mln in Series B funding to scale technology
A California-based direct air capture (DAC) company announced on Wednesday $150 million in funding from a range of industrial and venture capital investors aiming to drive down costs of the technology.
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EU’s upcoming low-carbon hydrogen rules could help scale up market, says think tank
An upcoming law defining low-carbon hydrogen could help scale up the market and help reduce emissions in the EU's hard-to-abate sectors while renewable hydrogen is still not available in the required quantities, a report by a Brussels-based think tank said on Wednesday.
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Clear demand signal needed to scale CORSIA carbon credit supply, says Guyana
Airlines need to show a clearer demand signal if countries are to supply sufficient levels of CORSIA-eligible credits to meet the demands of Phase 1 (2024-26), a representative from Guyana told a carbon industry conference.
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Ecuador, Barbados work on debt swap deals to drive nature, climate resilience investments
Ecuador is reportedly preparing to enter into its second deal to swap debt for conservation funding in the Amazon rainforest, according to a stock exchange filing released this week, while Barbados has announced a first of its kind debt-for-climate-resilience arrangement.
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Swiss foundation ups 2030 international carbon credit buying target to 20 mln
The Klik Foundation plans to buy around 20 million international carbon credits under Article 6 by the end of 2030, up from an earlier forecast for 15 mln, according to presentation slides circulated Wednesday.
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Europe-wide CO2 market, including UK, may reduce storage costs by 20% -report
A Europe-wide market for CO2 with access to the UK could reduce carbon storage costs by 20%, equal to €11 per tonne, according to a report released on Wednesday.
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Gender equality can strengthen integrity of carbon credits, experts say
Developers can bolster the integrity of the carbon credits they sell by making sure there is gender equality across the design, implementation, and monitoring of their projects, according to experts.
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Carbon capture could have huge climate impact for cement sector -report
Cement decarbonisation technologies, including carbon capture, supplementary cementitious materials, and alternative fuels could help the sector cut an extra 422 million tonnes of CO2 emissions over the next decade, according to a new report.
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INTERVIEW: The asset manager with the billion-dollar brick in the regenerative agriculture wall
UK-based investor Climate Asset Management (CAM) reveals how it has attracted $1 billion in investment following increasing interest in regenerative agriculture, high-quality food, and nature impacts.
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Shipping sees data, contracting, admin challenges in first year under EU ETS
One year into the inclusion of shipping in the EU ETS, the system is now “well understood” by the maritime sector – but issues persist regarding data transparency, division of contractual responsibilities, and access to EU accounts, according to a maritime data analytics firm in its 2024 review.
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US methodology developer unveils first registry-independent standard for carbon removal
A US-based methodology developer has launched the first registry-independent standard in the carbon removal (CDR) market, the company announced on Wednesday.
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