Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 6 min 20 sec ago
BRIEFING: UK wins praise for renewed climate leadership at COP29
The UK showed renewed climate leadership among developed countries at COP29 across the public, private, academic spheres, observers have said, making the new Labour government a standout at a summit that many found disappointing.
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Industry groups want CBAM registry to be as transparent as EU ETS
The new registry containing information about importers of goods covered by the EU's new carbon border fee should be as transparent as its ETS registry, a group of European business association have told the European Commission.
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Euro Markets: Midday Update
EU carbon prices gave up an early rally that took them above a key psychological and technical level but held on to some of their gains while gas prices also faded their early strength amid news that Azerbaijan had started shipping the fuel to Slovakia.
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INTERVIEW: UK developer delivers 105 houses with biodiversity net gain
A residential house builder in the northwest of England has delivered 105 houses with biodiversity net gain (BNG), having started two years ago when the development requirements were in their infancy.
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INTERVIEW: Tech company leverages Amazon’s data centre waste to remove carbon
A tech company will pilot its carbon removal technology in partnership with Amazon Web Services (AWS), enabling the firm’s data centres to capture CO2 from the atmosphere.
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INTERVIEW: Powder to clean up harmful algae promises to quickly remove carbon
A tech startup working to rid harmful algae growth from lakes and reservoirs believes it can remove carbon, avoid methane emissions, and restore biodiversity in a relatively simple way that can be funded by voluntary credits, the first of which are due to be sold from a project in Utah.
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Norway delays deep sea mining exploration after budget compromise
The Norwegian government has agreed to hold off issuing deep sea mining exploration licences for the next two years as part of a wider national budget compromise.
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Indonesia’s 2040 coal phase-out target difficult, could hit ratings -agency
Indonesia’s recently announced 2040 target coal phase-out date may be unrealistic and could affect power and resource sector companies’ credit ratings if the government adjusts its policy approach to meet the goal, a leading rating agency warned over the weekend.
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Xpansiv launches carbon removals trading, lists 75k new forest credits
Xpansiv, an environmental market services provider, on Monday launched new spot exchange and portfolio management tools to support the trading and handling of carbon removal credits as a separate market segment.
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INTERVIEW: Article 6 decision marks ‘fundamental’ shift in landscape for project developers
The breakthrough on Article 6, achieved in Baku last month, will have a huge impact on the ground in terms of project development, according to executives at a global association for the sector.
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Organic matter decomposition study finds best type of wetland for carbon storage
Wetlands across the world are releasing more carbon and sequestering less when temperatures increase, a study using an unusual proxy tool has found.
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Australia Market Roundup: Local survey sees ongoing optimism and concerns around carbon farming
A community survey in southwest Queensland has provided divergent results on the views of carbon farming, with concerns expressed not entirely aligned with the findings suggested.
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Taiwan pledges $300 mln funds to support green investments
Taiwan has approved the establishment of a special fund worth NT$10 billion ($308 million), as the government aims to encourage more domestic green investments.
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PREVIEW: NZ ETS watchers expect partial clearance at final auction for 2024
New Zealand carbon market participants are expecting to see a partial clearance at this week’s government-held auction in anticipation of much smaller volumes being issued in future years.
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New research highlights trade-offs in EU ETS integration of carbon removals
An effective integration of carbon removals in the EU’s Emissions Trading Scheme (EU ETS) requires a careful balance of trade-offs and will, in any case, be insufficient to bridge the gap between prices on the bloc's carbon market and costly removal technologies like direct air carbon capture and storage (DACCS).
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Coal mine expansions jeopardise NSW climate targets, Net Zero Commission warns
The expansion and extension of coal mines in Australia’s most populous state is undermining its ability to achieving its ambitious emissions reduction targets, according to the newly-established Net Zero Commission (NZC).
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ACCU price expected to more than double over the next the next decade, survey finds
The price of an Australian carbon credit is set to more than double in the next decade, a majority of business owners surveyed believe.
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INC-5: Busan summit fails to deliver global plastic treaty, talks to resume next year
Negotiators in South Korea have failed to reach an agreement on a first-ever global treaty aimed at tackling plastic pollution, with countries deciding to resume talks next year due to unresolved divergences between parties.
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INC-5: INTERVIEW – Global criteria needed to steer shift to non-plastic substitutes
Curbing plastic production and banning chemicals of concern should go hand in hand with measures aimed at avoiding an over-reliance on non-plastic materials that are similarly harmful to the environment or human health, a scientist has told Carbon Pulse.
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INC-5: Indigenous Peoples claim being ‘systematically’ excluded from plastic talks
Indigenous peoples have accused countries of repeatedly and systematically excluding them from negotiations on the first-ever global plastic treaty, with some saying their voices have been silenced during the last round of talks in South Korea
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