Carbon Pulse

California gasoline consumption continued its year-on-year (YoY) decline in February, as diesel sales increased for the second straight month, state data published Tuesday showed.

An upcoming study will look at the impact of solar farms on nature by deploying artificial intelligence (AI) technology alongside acoustic monitoring to assess pollinator levels.

The California-Quebec current vintage carbon auction scheduled for May 22 is expected to clear in line with or at a slight discount to front-month California Carbon Allowance (CCA) prices, above predictions made before the postponement of the Q2 sale.

A new tool using remote sensing data and artificial intelligence (AI) to bring carbon projects to life hopes to rebuild trust in credits by making projects more accessible.

An Argentine province that saw timber-driven growth over the past decade expects to issue large volumes of credits from jurisdictional nested REDD+ (JNR), making it the locale with the most progress under Verra's JNR framework to date, according to the voluntary carbon standard.

A stocktake of international carbon markets presented on Tuesday highlighted the success of the EU’s Emissions Trading Scheme, but researchers pointed to looming social acceptability issues that could derail carbon pricing policies going forward.

ISO's new climate neutrality standard risks promoting greenwashing, despite an EU attempt to better regulate environmental claims, an NGO has warned.

Two UK firms are teaming up to support peatland projects in the UK that could generate both carbon and biodiversity credits next year.

Carbon pricing revenues have exceeded $100 billion for the first time, the World Bank said in an annual analysis, though levels continue to fall short of the ambition needed to achieve the Paris Agreement goals.

Around half a million reforestation credits from a project in Kenya are being marketed for sale currently under Article 6.4 of the Paris Agreement as part of a partnership between a new Qatar-based centre and a marketplace to spearhead the auctions of sovereign credits in the run up to 2030.

A London-based marketplace has listed over 25,000 off-site biodiversity net gain (BNG) units at an average price of almost £30,000 ($38,000) each, though demand has been slow.

The Nature Positive Initiative (NPI) has partnered with consultants EY and The Biodiversity Consultancy (TBC) to establish metrics tailored to nature positive claims.

The British government confirmed that it will not carry over any so-called 'surplus' emissions from its 2018-22 carbon budget into the current fourth iteration in a statement Tuesday.

An Italian nature tech firm is poised to release a set of standardised guidelines for a biodiversity framework late this year that will underpin its first certified biodiversity credits in 2025 for the European voluntary market, the company told Carbon Pulse.

The European Cement Association (CEMBUREAU) aims to reduce production emissions 37% by 2030 and by 50% down the value chain, as per an updated net zero roadmap published Tuesday.

One of Japan's leading financial groups is participating in a joint study that explore the potential for utilising domestically produced stablecoins for digital carbon credit payments.

European carbon prices gave back some of the previous session's steep gains in a quiet and relatively illiquid session on Tuesday morning, as energy markets also retreated after Monday's robust increases, while UK permit prices continued to trade around their recent four-month high.

Two carbon removal standards focused on biochar have partnered up with the aim of strengthening their certifications to keep pace with the fast-growing sector.

The international voluntary carbon market has seen a priority change in offset project implementation over the past decade, with forest management solutions in developed nations attracting more attention from developers at the expense of REDD+ projects, researchers have found.

Australia’s opposition Coalition needs to make its stance on the Safeguard Mechanism clear in order to provide stability and confidence for participants and investors, a conference heard Tuesday.