Carbon Pulse

Activist shareholder group Market Forces, which was among those standing up to give Woodside Energy a black eye over its failed climate plans at its April annual general meeting, said Tuesday Australian superannuation funds have increased their exposure to fossil fuel companies despite net zero target dates of 2050.

Malaysia has committed to protect 50% of its natural forests but deforestation is posing a serious threat to around 3.2 million hectares of its rainforests, a report released Tuesday has found.

A US university has teamed up with a climate tech start-up to launch an initiative that uses carbon credits to scale the adoption of sustainable rice production practices, while reducing methane emissions by 50%.

A carbon project developer has secured funding from a group of climate finance investors to fund the first phase of its ARR project in South Africa that can generate more than 30 million carbon credits during its lifetime, it announced Tuesday.

A mandated 55% emissions cap for Canada’s oil and gas sector by 2035 would entail lower production and a C$247 billion hit to GDP, according to a study commissioned by a fossil fuel industry trade group.

Investing carbon tax revenues into public projects rather than returning them to taxpayers leads to greater economic growth, according to a report released on Monday.

A carbon capture and storage (CCS) bill awaits Illinois Governor Jay Pritzker's (D) signature to become law, and appears to have adopted language from a slew of CCS bills covering pore space ownership, emergency management, and sequestration fees.

Women's fundamental rights and wellbeing are at risk due to inaction on the climate crisis across the European Union, a feminist and green group claimed last Tuesday.

Ensuring China's CO2 emissions peaked in 2023 is feasible as long as the expansion of clean energy sources continues at the unprecedented rates observed last year, a report has found.

A state-owned Brazilian financial institution is accepting bids for 1 million Certified Emissions Reductions (CERs) generated through a waste handling programme launched in 2012 with the support of the World Bank.

A CO2 pipeline developer was accused of a lack of communication from landowners during a North Dakota Public Service Commission (PSC) hearing Friday, in its second attempt to secure construction permits, local media reported.

A group of environmental NGOs outlined a set of policy recommendations for stakeholders and governance bodies in the safe and equitable implementation of REDD+ projects in Colombia’s voluntary carbon market (VCM).

Over 20 states and a major auto manufacturer separately filed motions to intervene in a lawsuit against the US Environmental Protection Agency’s (EPA) heavy-duty vehicle emissions standards.

Singapore and Ghana, two forerunners in developing Article 6 trade, have struck a deal that will see sovereign carbon credits from the West African country flow into the Asian island-state.

South African voters head to the polls Wednesday amid energy shortages, a proposed carbon tax hike, and incoming international carbon tariffs, with the country’s three biggest parties open to adding new energies to the national mix but resistant to transitioning away from coal.

Shipping firms based in Greece face EU ETS costs of €335 million this year, rising to €1 billion once the sector is fully integrated in the bloc's carbon market, analysts said.

The EU will not be too strict with companies during the transitional phase of CBAM and is looking into a possible WTO-compatible solution to promote exports of less carbon-intensive products made in Europe, a senior European Commission official told Carbon Pulse.

The summer doldrums has arrived early in the voluntary carbon sector this year after another week of generally thin liquidity and sideway pricing, but pockets of high-priced trades for nature-based credits and early interest in Article 6-eligible units propped up optimism for the future.

The energy transition has massively expanded during the five-year term of European Commission President Ursula von der Leyen, with the share of renewables in the EU's electricity sector jumping to 44% and investments in clean technologies more than tripling, according to fresh data published on Monday.

A Swiss-headquartered non-profit has released a set of recommendations to bolster Africa’s biodiversity credit markets, including setting minimum price floors for units and establishing an independent body tasked with determining project outcomes.