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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 5 min ago

UBS invests in impact data provider to advance nature-related disclosures

Thu, 2024-06-20 19:56
Swiss bank UBS has invested in impact data and analytics provider GIST Impact to back its expansion, with a focus on bolstering support for nature-related corporate disclosures among companies and investors.
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Integrity Council for the Voluntary Carbon Market appoints first CEO

Thu, 2024-06-20 19:54
The private sector-led Integrity Council for the Voluntary Carbon Market (ICVCM) has named its first CEO.
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EU ETS more effective decarbonisation tool than Inflation Reduction Act, says bank analyst

Thu, 2024-06-20 19:22
Europe’s carbon market sends a stronger decarbonisation signal than Washington's subsidy-laden Inflation Reduction Act (IRA), an analyst told US television network CNBC Thursday, outlining an EUA price forecast of as high as €130 per tonne by 2028.
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Green ammonia key to unlocking Australia’s hydrogen superpower ambitions -analysis

Thu, 2024-06-20 18:36
Using green hydrogen instead of natural gas to decarbonise Australia's established ammonia production sector provides a doorway to unlock the country's hydrogen ambitions, and tax credits offered by the government in its latest budget could be the key, analysis published Thursday said.
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INTERVIEW: US developer enters Indian voluntary carbon market with rice methane offsetting projects

Thu, 2024-06-20 17:00
A California-headquartered agri-tech firm seeks to reduce methane emissions from rice farming in India and is preparing its first batch of projects on the east coast of the South Asian nation, the company's co-founders told Carbon Pulse.
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PNG cookstove project under updated Verra methodology to be issued half the credits originally planned

Thu, 2024-06-20 16:58
An Australian carbon project developer has had its cookstove project in Papua New Guinea registered by Verra, but will receive roughly half the volume of credits it initially expected due to using an updated methodology, a fact the company's CEO said he welcomed. 
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Santos “confident” it has enough ACCUs to meet projected Barossa Safeguard requirements

Thu, 2024-06-20 16:08
Oil and gas major Santos is “confident” it has enough Australian Carbon Credit Units (ACCUs) for its Barossa LNG project to meet its compliance obligations under the Safeguard Mechanism.
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Verra, Malaysian Forest Fund sign deal to align forest carbon initiatives

Thu, 2024-06-20 10:03
Verra has signed an agreement with the Malaysian Forest Fund (MFF) to support the alignment of the Southeast Asia nation’s forestry carbon initiatives with the Verified Carbon Standard.
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Biorefinery firm finalises CCS agreements for its Nebraska facilities

Thu, 2024-06-20 09:40
A US biorefinery firm on Tuesday announced it has finalised agreements and equipment orders to deploy carbon capture and storage (CCS) with a 1.2 million tonne capacity at its Nebraska plants.
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Over 80% of rich countries fail to meet fair share of biodiversity financing target, report shows

Thu, 2024-06-20 09:01
Only two out of 28 rich countries have allocated what is estimated as their fair share of the resources for biodiversity required under the Global Biodiversity Framework (GBF), while over 80% of them provided less than half of it, according to a report released Thursday.
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Hidden emissions from CCUS push could derail the UK’s net zero strategy -think tank

Thu, 2024-06-20 09:01
A drive to scale carbon capture utilisation and storage (CCUS) projects, including 'blue' hydrogen and gas with abatement, could lead to increased demand for LNG imports, which in turn would cause the UK to exceed its carbon budget, research by a financial climate think tank has found.
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Veteran North American carbon, energy trader joins European utility

Thu, 2024-06-20 08:50
A veteran North American carbon and energy sales trader has joined one of Europe's largest utilities.
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Study highlights untapped, understudied potential of temperate peat-forming wet woodlands for climate mitigation

Thu, 2024-06-20 08:31
Wet woodlands not only store substantial amounts of carbon in both tree biomass and underground peat, but also offer natural flood protection and bolster biodiversity, according to a new study.
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Germany’s climate fund is drying up, think-tank warns

Thu, 2024-06-20 08:20
Germany’s “Climate and Transformation Fund” (KTF) is nearing breaking point, putting the federal government in front of hard decisions, according to a study by the Berlin-based Mercator Research Institute on Global Commons and Climate Change (MCC) published on Wednesday.
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Petitioners request US federal appeals court to rescind SEC climate disclosure rules

Thu, 2024-06-20 08:17
Opponents of the US Securities Exchange Commission’s (SEC) climate disclosure rules have asked a federal appeals court to revoke the regulation altogether, just months after the agency issued a stay to resolve mounting legal challenges.
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Funds sue CME in multi-million dollar lawsuit due to voluntary carbon product changes in wake of CORSIA decision

Thu, 2024-06-20 02:43
The change in credits eligible for the current phase of CORSIA, the UN’s international aviation offsetting scheme, compared to its pilot, has triggered a $155.4 mln lawsuit against CME Group after it altered eligibility for its GEO futures contract.
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US foundation allocates over $33 mln to restore longleaf pine forests

Thu, 2024-06-20 01:31
A US-headquartered foundation has announced the allocation of $33.5 million in grants to finance the conservation and restoration of longleaf pine forests in eight southern states.
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INTERVIEW: Investors chilled by noise of European Green Deal unravelling

Thu, 2024-06-20 01:27
As competition with China and the US intensifies on clean tech, the EU must stay the course on the Green Deal and make sure it is implemented by filling the remaining gaps in areas like finance and electrification of end-uses, says Iberdrola’s director for climate, Gonzalo Saenz de Miera.
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EU Commission earmarks larger budget for 2025, but climate action sum unchanged

Thu, 2024-06-20 01:23
Expense for environment and climate action in the EU will remain the same as last year, although the general budget is growing, according to allocations for 2025 proposed by the European Commission on Wednesday.
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Biochar producer announces first pre-purchase agreement in boost for nascent UK carbon removal market

Thu, 2024-06-20 01:14
A UK biochar producer has announced its first carbon removal agreement, in what marks a boost for the British carbon removal (CDR) market.
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