Carbon Pulse

A German climate technology company has launched a solution that enables corporate buyers to purchase biochar credits in advance from emissions removal activities in the agriculture sector, it announced on Wednesday.

The philanthropy arms of investment bank UBS and Swiss Re have agreed to invest over $2 million in a partnership with an Indonesia-based company that works to secure investments for scalable nature-based start-ups.

Consensus needs to be established across different frameworks for how to precisely define and implement insetting if it is to effectively scale as a solution for tackling corporate Scope 3 emissions, according to a study published Wednesday.

The committee steering Japan’s J-Credit programme has approved a new methodology on the introduction of a new feeding practice for beef cattle, as the government continues to expand coverage in the domestic offset scheme.

A large Danish shipping and logistics firm has signed a green hydrogen offtake agreement with a Chinese clean energy multinational, saying the deal is the first of its kind in the global shipping industry.

Canadian The Mining Company (TMC) has welcomed moves by US senators and members of Congress to influence the UN seabed authority to finalise rules that would allow for minerals mining at the bottom of the ocean.

A report consultants by EY has found that Australia’s carbon market is unlikely to deliver significant nature repair under current settings, but claimed becoming a nature-positive economy could boost Australia’s national income by A$47 billion ($30.7 bln) by 2050.

A new nature-based voluntary carbon market certifier has released its standard and reforestation methodology, it announced Wednesday.  

Australia’s Santos has signed an agreement with one of the country’s largest pipeline operators to look at developing more CO2 infrastructure to service its planned carbon capture and storage facility at the Moomba gas plant.

A daily summary of our news plus bite-sized updates from around the world.

The European Commission last week published projected EUA auction volumes for 2024, and analysts are mixed as to how the figure compared to their expectations.

The Canada Growth Fund, a C$15 billion public investment vehicle, will allocate almost half of its capital to issue carbon contracts for difference (CCfDs) and offtake agreements, according to the federal government’s 2023 fall economic statement released Tuesday.

Rhode Island announced funding sourced from the Regional Greenhouse Gas Initiative (RGGI) and the US Department of Energy (DOE) on Tuesday for the state's new energy efficiency grants for municipalities.

The legal battle over whether Pennsylvania can join RGGI through executive action will continue, following an appeal from Governor Josh Shapiro (D) of a Nov. 1 Commonwealth Court ruling that blocked the state's regulations. 

The cost of Britain’s commercial forestry has fallen for the first time in a decade, though the value of listed land with natural capital potential has soared, according to a new report.

The EU and Switzerland have published the ETS allowance transfer window schedule for 2024, providing near-daily opportunities for units to flow between the linked carbon markets.

Allowance holdings of power sector emitters under the RGGI carbon market increased at the end of the third quarter even as their estimated short position widened, while traded volumes cratered through Q3, according to a report published Tuesday.

Community-driven programmes to install low- and zero-emission technologies, reduce GHG output, and improve climate resiliency are eligible for $2 billion in grants from the Inflation Reduction Act (IRA), the US EPA announced Tuesday.

Whether the Netherlands adopts a more ambitious climate agenda than that of the outgoing government will hinge on how much the electorate engages in tactical voting to keep the extreme right-wing out of government, as polls reveal a surge in popularity for the populist, anti-climate policy Party For Freedom (PVV) ahead of Wednesday's vote.

EU lawmakers facing a difficult time agreeing on a text to reduce the use of pesticides, with a debate in the European Parliament on Tuesday replicating some of the controversies seen earlier in the year for the bloc's nature restoration bill.