Carbon Pulse

The Science-based Targets initiative (SBTi), considered the gold standard of voluntary emissions target-setting, is provoking divided reactions from industry, NGOs, and academia as actors across the board contest the future of Paris-aligned corporate emissions targets.

A US infrastructure technology company announced Tuesday the first commercial deployment of its proprietary hydrogen technology in the production of low carbon ammonia that captures over a million tonnes of CO2 in the process.

Oil major Shell has continued to retire high numbers of carbon credits this week, maintaining the market-leading pace it set in December that was enough to see the year's total on major registries top the levels of the previous year.

An unlikely alliance of Germany industry, trade unions, and conservation organisations released a joint statement Wednesday proposing several “theses” to shape Germany carbon capture policy in the lead-up to an anticipated, far-reaching EU decision on this topic.

North America’s largest forest carbon offset developer has promoted two employees to the roles of co-CEO.

Shipping companies will likely focus on covering their EU ETS obligations defensively in the first couple of years rather than actively managing their positions, while a variety of purchasing strategies will surface depending on the industry, commercial agreements, and size of their operation.

Targeting the world's top methane-emitting oil and gas fields could reduce global greenhouse gas emissions by tens of millions of tonnes within a year, according to new analysis.

A UK-based 1GW blue hydrogen production plant, to be constructed alongside an oil refinery that will see some of its captured CO2 also buried at sea, has received planning permission from local authorities.

The impacts of climate change and nature loss dominate the top risks over the next decade for experts across the private and public sectors, as the world approaches climate tipping points that could trigger further socio-environmental crises, according to the World Economic Forum (WEF).

A new carbon capture and utilisation (CCU) project has opened in Texas, capturing some 180,000 tonnes of CO2 per year while producing 130,000 tonnes of methanol.

The Korea International Cooperation Agency (KOICA), a government-funded agency dedicated to granting international aid programmes, has decided to terminate a Vietnam-focused forest fund that can generate carbon credits, local media reported.

We are hiring a Science Lead based in London. Together with our sister NGO, Rethinking Removals, we collaborate with the entire carbon removals ecosystem, across suppliers, buyers, policymakers, and narrative setters, together to develop and invest in future projects to make sure there are enough carbon removals in 1, 5, 10 and 25 years time.

European carbon prices extended their losses for a third day as bearish sentiment gathered momentum amid reports of compliance selling and utility fuel-switching from coal to gas, while the weekly Commitment of Traders report showed that commercial participants had added a hefty 40 Mt of short positions last week.

The construction sector's CO2 emissions could be reduced by up to 75% by 2050 by establishing a circular economy, which would also boost profits substantially, according to a report published on Wednesday that called for more scalable solutions.

Norway has given the go-ahead to open up for deep sea mining in the Arctic region after a vote in parliament Tuesday, making it the first country to open up its seabed to the controversial activity.

South Korea on Wednesday sold fewer than 50% of the allowances on offer in its monthly CO2 permit auction amid dwindling buy interest, with analysts expecting the carbon price to remain at relatively low levels this year due to a lasting oversupply.

Green ammonia could supply a large amount of the world’s shipping fuel needs by 2050 at a cost of $2 trillion if 10 ‘hubs’ are created, according to a report released this week.

Carbon-financed clean cookstove provider Koko Networks has secured scalable, long-term debt from a commercial bank that recognises the value of the company’s future cash flows from carbon credit generation.

Australia’s climate change and energy minister has called on the federal opposition to explain its climate policies and “stop the nonsense” following media reports that multiple Liberal and National MPs were opposed to Australia setting a 2035 emission reduction target.

A daily summary of our news plus bite-sized updates from around the world.