Carbon Pulse

China on Tuesday announced the first batch of qualified bodies to conduct validation and verification work under the country's national voluntary carbon credit programme, a move that will remove hurdles for developers to proceed with their offset projects.

The New Zealand government has dumped agricultural group He Waka Eke Noa (HWEN), saying the former government’s process to price agricultural carbon emissions has failed and vowing to keep the country’s most polluting sector out of the emissions trading scheme.

Anglo Australian miner Rio Tinto has acquired Mitsubishi Corporation’s interest in an aluminium smelting company, Rio announced Tuesday, which operates a smelter covered under the Safeguard Mechanism.

Credit values for both Oregon Clean Fuels Program (OCFP) and Washington Clean Fuel Standard (WCFS) plummeted towards the end of last week, while California's Low Carbon Fuels  Standard (LCFS) credit prices remain pressured in recent months.

Verra has suspended a registry account linked to three projects that are reportedly the subject of a fraud probe launched by the Brazilian Federal Police (PF) last week.

Iowa’s ethanol plants that have partnered with a CO2 pipeline developer would require 3.36 billion gallons (12.7 bln litres) of water every year to capture carbon, potentially depleting the state’s aquifers, according to an environmental non-profit.

RGGI Allowance (RGA) prices reversed course from the week’s downslide as the Q2 auction record settlement beat market expectations.

The New York State Senate approved Friday a bill seeking to establish a Clean Fuel Standard (CFS), but the proposal once again failed to clear both chambers ahead of the end of the legislative session.

The extension of the EU ETS to maritime shipping on Jan. 1 will not result in fee-dodging at a meaningful scale, or for a protracted period, keeping up a manageable pressure to decarbonise, two industry experts have told Carbon Pulse, despite fears to the contrary.

Negotiators have managed to significantly shorten a text that would move towards creating a new global climate finance goal during mid-year UN climate talks in Bonn, but most of the key details are yet to be hashed out.

The OECD has launched a call for tenders, on behalf of the International Energy Agency (IEA), to source suppliers of clean cookstove and sustainable aviation fuel (SAF) carbon credits.

Electric vehicle market share growth slowed down sharply in Europe last year, according to new data from the European Environment Agency (EEA), analysed by Carbon Pulse.

The first voluntary credits tagged with the Core Carbon Principles (CCP) label nudged higher last week, after the ICVCM approved its methodologies, but expectations that the integrity-stamped units would immediately spark demand were snubbed out.

A ‘biodiversity bond’ with a tailored nature-specific structure, distinct from a green bond, is planned to issue for $50 million from BBVA Colombia in collaboration with the International Finance Corporation (IFC).

The Brazilian government has launched a programme to enhance the conservation of mangroves in the country, which boasts the second-largest area of mangrove cover in the world.

The amount of private money committed to nature could help the total amount raised reach sufficient levels to reverse biodiversity loss, if investment rates continue, the UN Environment Programme Finance Initiative (UNEP FI) said in a report preview on Monday.

Italy halved the share of Russian imports in its gas mix between 2021 and 2022 and is on track to boost the share of renewables to more than two-thirds of its power output, according to research published on Monday.

A coalition of civil society groups have outlined a series of principles which they say will ensure a fair Just Energy Transition Partnership (JETP) design, ahead of the G7 leaders summit this week.

Electricity generation from coal fell to record lows in Poland and Greece, according to data released on Monday, as both countries ramped up renewable power generation to meet climate goals.

Contrary to five years ago, the 2024 election to the European Parliament was not a "climate vote" enjoying broad popular support. Yet, the Green Deal is still seen as a central element of any majority that will emerge in Parliament after the election, experts say.