Carbon Pulse

After making early gains in line with natural gas, European carbon prices broke away and fell back to reach midday nearly unchanged, even as weekly position data showed investment funds had reduced length for a fourth consecutive week and UK Allowance prices continued to rally after last week's profit taking.

Expanding protected areas (PAs) to include 1.2% of the world’s terrestrial surface would help save the most threatened species from extinction at a lower cost than expected, a paper has said.

A national system for the issuance and trading of China's Green Electricity Certificates (GECs) will be officially launched at the end of this week to underpin the development of the renewable sector, though the linkage between the GEC scheme and the national carbon market remains unclear.

A Tokyo-based project developer has teamed up with a biochar producer in the Philippines to generate carbon credits across the Southeast Asian region, it announced Wednesday.

Canada's federal government announced on Tuesday a C$335 million ($245 mln) allocation in blended finance to support First Nations in the preservation and stewardship of the Great Bear Rainforest's marine and coastal environment.

A new forest carbon standard is looking to take an area-based model to how it generates revenue, rather than being paid for how many credits it issues to a project, and will require transparent benefit sharing among all project stakeholders to ensure community approval.

Simply divesting  from fossil fuel companies is a poor tactic in the transition to net zero, an Australian pension fund said Wednesday after being criticised for walking back its exclusion policy on coal.

The government of Indonesia has formed a partnership with a US-based philanthropy to restore nature and biodiversity by safeguarding 15 million hectares of rainforest in the Southeast Asian country.

A voluntary carbon standard plans to issue its first batch of biodiversity credits generated through two separate projects in Latin America by the end of the year, a company executive told Carbon Pulse.

Indonesia’s Pertamina has signed an agreement with Japan’s NYK Line to establish a ship management company as well as collaborate on liquified carbon dioxide (LCO2) and LNG transportation.

Anglo-Australian miner BHP is on track to achieve a 30% reduction in Scope 1 and 2 emissions by 2030, but says technology challenges mean its progress to reaching net zero emissions by 2050 will not be linear.

Advisory committee members opposed the Oregon Department of Environmental Quality's (DEQ) plans to allow for-profit companies to implement projects supported by Community Climate Investment (CCI) under the Climate Protection Program (CPP), at a meeting Tuesday.

A clean fuels trade group petitioned the US Environmental Protection Agency (EPA) on Tuesday to increase Renewable Fuel Standard (RFS) volumes for 2024 and 2025 based on actual production output.

An ongoing probe by the Brazilian federal police (PF) has uncovered new projects by a group already under investigation for suspected carbon fraud, and evidence has come to light that those involved also allegedly intended to install and operate hydroelectric plants illegally, as well as engage in illicit wood harvesting, according national media reports.

A Colorado state court judge denied on Friday requests to dismiss a lawsuit from a city and county seeking damages from fossil fuel firms for the impacts of climate change.

The Iowa Utilities Board (IUB) on Tuesday approved an application for a construction permit of a proposed CO2 pipeline in the state.

A new judge in a Virginia county circuit court ruled Monday that a green group’s case opposing the state’s withdrawal from the RGGI carbon market has standing to proceed with two claims moving forward.

India can slash 17% of its carbon emissions from heavy industries by 2030 through the use of renewables, a report released Wednesday has found.

A North American carbon dioxide removal (CDR) startup that mixes various technologies has secured its first offtake agreement for biochar credits.

A British forest carbon fund is on course to finish its tree-planting programme by "spring 2025", it announced in an annual investor report Tuesday, though a lack of available equity has held the firm back from acquiring more planting land to continue the scheme beyond this date.