Carbon Pulse

An Ecuadorian legislative committee’s approval of reforms to the country's environmental code means it has cleared the last major hurdle to legalising carbon markets, according to an industry attendee speaking to Carbon Pulse, hastening a regulated voluntary market and carbon-financed national conservation fund.

A project to divert food waste from landfill and incineration has launched in the US, where the sale of voluntary carbon credits will incentivise grocers to redirect edible waste food to donation centres, according to the developer.

The overlap between humans and wildlife is expected to grow across more than half of land worldwide by 2070, with potentially grave implications for habitat and species conservation, a paper has said.

European carbon moved slightly lower within a narrow trading range on Thursday as much of the recent gas-fuelled volatility appeared to be absent, while a comparatively strong auction helped mitigate early losses.

Indonesia and Japan have agreed to carry out a broad decarbonisation programme for the Southeast Asian country's energy sector, with multiple research projects in the pipeline. 

A multinational energy company has unveiled a new technology that aims to tackle power industry emissions of sulfur hexafluoride, which is 24,300 times more potent than CO2, with an eye on creating a voluntary carbon methodology for projects in the future.

A carbon dioxide removal (CDR) firm has issued a swathe of credits to a series of large US corporations in what it described as a turning point for carbon markets. 

Another Australian company this week announced a decision to look more closely at changing the way it tackles net zero with a plan for only “limited” use of carbon credits and a plan to leave the government’s Climate Active programme.

One of China's inland provinces is aiming to secure credits issued under the national voluntary programme from its large-scale afforestation project by the end of this year.

Gold Standard has revealed its first methodology for mangrove projects, which enables remote-sensing for measurement and impact quantification.

A Bogota-based carbon developer is piloting a biodiversity credit conservation project in an Indigenous reserve in the Amazon, planning to put the first credits on sale after COP16 in Colombia, the company has told Carbon Pulse.

Four research programmes suggest a likely increase in pine plantations across agricultural land in New Zealand, even with a low or zero carbon price.

Voluntary carbon standard Verra has launched a public consultation for two of its tools in order to assess the additionality of project activities, with an aim to align them with the Core Carbon Principles (CCP) label of the Integrity Council for the Voluntary Carbon Market (ICVCM).

A financial data and trading platform firm is targeting Q4 this year to facilitate $300-600 million worth of sovereign carbon issuances from countries in the Global South, as it hopes to restore trust and build scale in new international carbon markets.

Industry complaints about compliance costs under Oregon’s proposed Climate Protection Program (CPP) rule were eclipsed by environmental advocates’ calls for immediate implementation of a more stringent scheme at Wednesday’s public hearing held by the programme’s regulator.

China's rapid development of renewable energy has led to a slowdown in coal power project approvals, though the existing pipeline of projects could still pose a potential challenge for the country to meet its climate targets, analysts have said.

The US Department of Energy (DOE) has announced $15 million in lab call funding to advance later-stage commercialisation and deployment of industrial decarbonisation technologies.

A bitcoin mining company has sued New York for denying a permit renewal to its natural gas-fired power plant, due to its associated emissions, under the state's flagship climate law.

The Q3 California-Quebec current vintage carbon auction settled at nearly a $3 discount to secondary market prices, well below trader and analyst expectations, sending secondary market California Carbon Allowance (CCA) futures in a volatile spin.

India’s power transition away from coal is highly sensitive to the rate at which battery project costs decline, according to analysts.