Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 39 min 28 sec ago
Indian state-owned firm invites bids for supply of 500 kt/year carbon credit-eligible green ammonia
Under India’s National Green Hydrogen Mission, a state-owned company has invited bids from potential suppliers of over half a million tonnes of green ammonia annually that will be eligible to earn Article 6-aligned carbon credits.
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Orsted consults on net-positive biodiversity framework for renewables
An eight-step framework to help renewable companies measure action towards becoming 'net-positive for biodiversity' on land and sea is open for feedback from Orsted, the largest wind farm developer in the world.
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UK parties under pressure to strengthen climate policies in election campaigns
The UK's next government is under pressure to strengthen the country's climate policies, with hundreds of experts calling for faster emission reductions and the head of one of the country's biggest energy companies calling to tackle administrative burdens to the transition.
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Malaysian state solicits World Bank support for carbon trading
A state government in Malaysia has sought assistance from the World Bank to evaluate carbon trading principles used in the international carbon trade.
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INTERVIEW: UN biodiversity chief cautions over voluntary credits, says private sector vital but “won’t rescue us”
Global strategies to bridge the funding gap on nature should not pin too much hope on private financing, the UN biodiversity chief told Carbon Pulse, cautioning over the use of voluntary biodiversity credits across jurisdictions.
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Former Viridios head joins advisory firm as carbon markets director
A former head at fintech company Viridios in Australia has joined an engineering advisory firm as carbon markets director, they announced Monday.
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Engineering consultancy picks six startups for CDR accelerator programme
A global engineering and construction consultancy has selected six startups for its carbon removals (CDR) accelerator programme.
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ANU experts trash governments draft landfill gas ACCU method options
A group of experts have raised concerns with the reform options put forward by the government to overhaul Australia’s landfill gas method, describing them as deeply flawed and politically motivated.
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Study reveals increased human and natural disturbances in Europe’s forests
Both human-induced and natural disturbances in Europe's forests have significantly increased since the late 20th century, a study has found, revealing a complex interplay that might influence future forest management and policy decisions.
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Global insurance broker launches carbon credit protection offering
A global insurance broker has introduced an new insurance solutions service to help clients navigate the complexities of decarbonisation initiatives, offering protection against buying carbon credits.
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Australia’s AgriProve issued 9,000 ACCUs from soil carbon projects
Soil carbon developer AgriProve has been issued over 9,000 Australian Carbon Credit Units (ACCUs), generated at two of its projects in Queensland.
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Conglomerate, developer to offer insurance for forestry-based J-Credits
One of Japan’s biggest conglomerates has teamed up with a developer to offer a compensation insurance arrangement for forestry J-Credit projects in case of natural disasters.
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Australian opposition signals intention to quit the Paris Agreement
The Australian opposition Coalition have declared it will get rid of the country’s 2030 emissions reduction target, arguing the goal is unachievable, and by extension withdraw from the UN’s Paris Agreement if it wins the next election.
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Climate superfund legislation passes New York legislature, awaits governor’s signature
The New York State assembly passed Friday a bill establishing a climate change adaptation fund to be financed by fossil fuel companies, which now awaits Governor Kathy Hochul's (D) signature to become law.
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Dominion approved to withdraw RGGI rider after Virginia’s exit from scheme
A Virginia state regulator granted utility Dominion Energy’s request to withdraw a RGGI rider reinstated last year to recoup programme costs following the state’s withdrawal from the Northeast carbon market at the end of 2023.
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New Paris pledges could triple emission reductions, if they reflect existing technologies, goals
Governments could put the world on track to nearly triple emission reductions by 2035 compared to the current trajectory, if their updated Paris Agreement pledges take in account current technological progress, existing national policies, and the commitments made in Dubai last year, according to research published on Monday.
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UPDATE – EU elections: Parliament lurches to the right as 2019 ‘Green wave’ recedes
The European Parliament elections delivered their verdict on Sunday evening, with hardline conservatives and the far-right making strides as expected, leaving the Greens and nationalist groups as potential kingmakers during open-ended talks opening now to form a new EU executive.
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Renoster launches open-access geospatial database of nature-based offset projects
Ratings service Renoster has launched an open-access database containing detailed geospatial boundaries of 575 nature-based carbon projects, aiming to enhance the transparency and accountability of offsetting efforts globally.
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Speculators take advantage of price rout in CCAs
Speculators were the only group buying California Carbon Allowances (CCAs), while traders reduced net length across the rest of North American carbon markets as prices in the secondary market retraced, according to weekly data from the US Commodity Futures Trading Commission (CFTC).
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UK 2023 verified emissions drop 12.5%, driven by steep fall from power sector
Verified emissions in the UK ETS fell by 12.5% in 2023, the government announced late Friday, with the decrease in output driven by a steep fall in emissions from power generation, even as output from aviation rose for the third successive year.
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