Carbon Pulse

Researchers have determined what they believe is the optical forest management approach to balance logging needs and maximise carbon sequestration.

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

The Development Bank of Latin America and the Caribbean (CAF) is advising regional policymakers and regulators on how to embed a high-integrity voluntary carbon market within national strategies and frameworks.

Researchers have charted an incentive-lined path to help make forest restoration financially viable in developing countries, overcoming longstanding challenges of high upfront costs and uncertain returns.

The California Public Utilities Commission (CPUC) on Thursday voted to extend the operation of Pacific Gas and Electric’s (PG&E) Diablo Canyon nuclear plant through 2030, despite opposition from environmental groups.

California and Quebec will offer fewer carbon allowances at their February auction in comparison to the Q4 2023 WCI sale in November, and lower year-on-year, as the emissions cap in the joint carbon market tightens, according to a government notice published Friday.

The US Department of Energy (DOE) is awarding $890 million to three CCS projects, while alongside the US Environmental Protection Agency (EPA) has announced $350 mln to reduce methane emissions from the oil and gas sector, ramping up its investment in emissions cuts.

The head of carbon trading business group IETA blames the EU for this week’s collapse of COP28 UN climate talks on Article 6 emissions trade, though expects such approaches to continue to develop apace within smaller groups of nations.

Scientists leading the US Department of Energy's (DOE) Subsurface Hydrogen Assessment, Storage, and Technology Acceleration (SHASTA) project outlined progress Friday as part of the project’s pursuit to identify and address technological hurdles, as well as enable public acceptance for underground storage of hydrogen.

Certifier Verra on Friday opened a consultation on a draft clean cookstoves methodology that enables carbon crediting from improved efficiency or switching fuels.

Regulated parties and speculators shed V23 net holdings of California Carbon Allowances (CCAs) for gains in V24 as positions were rolled ahead of end-of-year rebalancing, RGGI market saw speculative interest across vintages as allowance prices hit records, according to US Commodities Futures Trading Commission (CFTC) data published Friday.

The idea that soil carbon sequestration in grasslands can cancel out the greenhouse gas emissions from ruminants that live on them has been challenged by new research.

Increased clear-cutting of rainforests has meant trees on the edges of these areas are significantly different from those growing more in the centre, a study has found, with implications for carbon sequestration rates.

Canada is on track to achieve between 85-90% of its 2030 emissions target, meaning that a number of additional measures are required to reach the federal goal of at least 40% below 2005 emissions by 2030, according to an independent assessment of Canada’s 2023 Emissions Reduction Plan Progress Report.

The ICVCM will hold board meetings at least once a month and post regular notices of upcoming activity from January to try to keep a regular flow of decisions on whether carbon credit categories are eligible for its Core Carbon Principle (CCP) labelling, board chair Annette Nazareth and interim chief operating officer Amy Merrill told Carbon Pulse.

The US Department of Treasury and Internal Revenue Service (IRS) released information on Friday clarifying eligibility for the sustainable aviation fuel (SAF) tax credits, intending to incentivise low carbon jet fuel production to reduce greenhouse gas (GHG) emissions and scale the industry.

The European Bank for Research and Development (EBRD) has introduced new criteria intended to restrict financial support to midstream and downstream fossil gas projects that are deemed ‘exceptional’ cases, but has stopped short of ending funding in the sector.

Direct air capture (DAC) technology has become a key focus in the fight against climate change, but a group of scientists and entrepreneurs have come out against the solution, calling it 'outrageously expensive boondoggle'.

A carbon credit certifier has signed an MoU with an alliance representing 16 West African countries, aiming to accelerate the implementation of Article 6 and promote carbon market instruments across West Africa.

A green methanol producer looking to rapidly scale up fuel supply in the US and Europe says that both regulatory and retail factors are driving shipping companies to purchase green fuel, including the EU's ETS and FuelEU maritime policy, under which overachieving shippers can receive credits to sell onto others.