Carbon Pulse

Equatic, in partnership with EcoEngineers and the International Organization for Standardization (ISO), has launched a new MRV methodology for electrolytic ocean-based CO2 removals.

A European oil firm has agreed to spend around $90 million to purchase as many as 10 million carbon credits from nature-based carbon projects in Ghana as part of a jurisdictional REDD+ deal.

Australia’s largest carbon project developer, GreenCollar, has resigned from co-chairing industry working groups developing the integrated farm land management (IFLM) method due to losing confidence in the process, a spokesperson told Carbon Pulse.

The New Zealand commissioner for the environment has joined a growing list of bodies calling for forestry to be removed from the country's emissions trading scheme.

California Carbon Allowance (CCA) prices rallied through the rescheduled Q2 auction as market participants looked to the forthcoming cap-and-trade workshop, while Washington Carbon Allowance (WCA) prices gained on significantly smaller volumes than the week prior.

The RGGI carbon market saw its permit bank surplus expand slightly in 2023, according to a report published Thursday.

A US federal judge on Wednesday dismissed a request from an investment advisory firm to halt an oil major’s lawsuit against shareholders over their calls for stronger climate targets.

A group of 19 US Republican state attorneys generals (AGs) filed a petition Wednesday asking the nation's highest court to prohibit efforts by Democratic-led states to hold oil producers financially liable for the climate impacts of fossil fuels.

Carbon removals (CDR) could contribute meaningfully to compliance carbon pricing systems but they should be limited to a certain percentage of total emissions permits and may be subdivided by durability, Puro.earth CEO Antti Vihavainen told Carbon Pulse.

Boffins from Cambridge University in the UK have become the latest to claim the green cement mantle with their idea of “electric recycling of Portland cement” featuring on BBC news this week, adding to the growing band of innovators seeking an emissions solution for the hard-to-abate industry.

Zero Carbon Systems has acquired Global Thermostat, one of the first direct air capture (DAC) startups, in a deal valued at tens of millions of dollars.

A UK venture capital firm has successfully closed a £20 million funding round to invest in European pre-seed and seed-stage companies developing scientific solutions for decarbonisation.

A blockchain marketplace for enabling transparent sales of biodiversity credits is almost ready to begin selling, following a partnership between credit developer RePlanet with a certification organisation and a blockchain company, Carbon Pulse has learned.

Hungary’s energy and climate minister said the country will focus on advancing the green transition across the 27-nation bloc, as among the top climate and energy priorities during its turn with the EU presidency from July until year end.

Nature-based voluntary carbon projects, such as reforestation in the Amazon, are cost-effective and critical for the planet with known and manageable risks, with Petrobras now developing its credit strategy focused on the sector, an executive of a Brazilian oil company told a conference Thursday.

Biodiversity monitoring company NatureMetrics has launched a free tool for businesses to score their nature performance by answering a series of questions.

Britain would place supply controls on greenhouse gas removals (GGRs), while keeping the gross cap that is in place for UK Allowances (UKAs), in the early years of their potential integration into the ETS, as proposed in a public consultation launched Thursday.

Europe’s financial markets regulator has launched a consultation on proposed amendments to technical standards for commodity derivatives, including enhanced position management controls and reporting requirements for venues offering trading in emissions allowances.

Market infrastructure firm Xpansiv has secured fresh funding from investors, the company announced Thursday, without disclosing further details.

The government of Zambia has entered into an agreement with the World Bank to cut greenhouse gas emissions in the Eastern Province of the African nation, the bank announced this week.