Carbon Pulse

The Bezos Earth Fund has granted a third donation of $30 million to the US National Fish and Wildlife Foundation (NFWF), earmarked for protection of threatened longleaf pine forests and Northern Great Plains grasslands.

A New Zealand study has revealed how much organic carbon is stored in marine sediments off the country’s waters and how vulnerable it is to disruption from bottom trawling.

The resource state of Western Australia has announced a raft of new measures to incentivise hydrogen, CCUS, and renewable energy projects in a bid to gear up its energy transition and cut carbon emissions.

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

The Washington Department of Ecology (ECY) on Thursday hosted a Q&A session to discuss the potential request for legislation required to facilitate linkage between the state’s cap-and-invest scheme and the joint California-Quebec cap-and-trade programme.

A joint California-Quebec workshop Thursday regarding potential changes to the cap-and-trade programme heard clarifications about modelled CO2 permit prices, as staff responsible for regulation of the joint market also presented their rationale regarding considerations for changes in market mechanisms.

A list of 46 countries and their provisional baseline validity periods for Avoiding Unplanned Deforestation (AUD) projects was published by standards body Verra accompanying a Request for Proposals (RFP), and the organisation wants REDD developers to review the new timeframes.

FREE READ - Dubai will grow in population by the equivalent of a small city as a record number of delegates descend upon the desert metropolis later this month for this year’s COP28 climate summit.

A number of modifications to three of Oregon state’s climate programmes proposed by the Department of Environmental Quality (DEQ) successfully passed, but heard particular concern from the Environmental Quality Commission regarding state regulation of biomethane on Thursday.

California Carbon Allowances (CCAs) and Washington Carbon Allowances (WCAs) both saw rising prices even as volumes traded fell over the week, with market participants largely agreeing that CCAs would remain at a premium after the ARB cap-and-trade informal rulemaking public workshop slidedeck was posted on Wednesday, but were split on the fate of WCAs.

The US federal Environment Protection Agency (EPA) announced on Thursday a string of grants to environmental justice (EJ) initiatives across several states in the Southern US.

The European Commission has published projected EUA auction volumes for 2024, including allowances that will be sold to generate funds for the REPowerEU initiative.

The Egyptian Senate has wrapped up several days of deliberations on whether to establish carbon pricing in the country, with the government approaching handover of its year-long presidency of the UN climate negotiations with little sign of progress on its pledges for the topic.

Countries that set climate targets that depend heavily on the removal of carbon dioxide could be breaking international law given both the uncertainties when it comes to the technology and the potential detraction from making cuts to emissions, according to new research.

The EU has provisionally agreed to update its environmental crimes and sanctions rules, with Parliament and Council negotiators clinching a deal to introduce an updated list of offences and related sanctions.

ICAO’s slow burn in announcing the standard bodies eligible for the next phase of its CORSIA aviation offsetting mechanism may have opened the door for exchange ICE to steal a march in the race to become the dominant hedging instrument provider for correspondingly adjusted carbon credits.

Environmental standard-setter Verra is inviting proposals for a consultant to develop two "pioneering" greenhouse gas accounting methodologies focused on sustainable food systems.

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EU co-legislators reached a provisional deal on Thursday on a bill to enhance the transparency of the bloc's rapidly decarbonising energy market and met for a second time to talk about a related bill for shielding citizens from higher energy prices.

The US Department of Energy (DOE) on Wednesday granted nearly $4.3 million to the Virginia Department of Energy to assess the site feasibility and commercial viability of a CO2 storage hub project in a local county.