Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 39 min 8 sec ago
Profitability of carbon projects over logging in Peru hinges on bankable integrity claims -study
Peruvian forest concessions generating carbon credits could be more lucrative than those reserved for logging, provided that the country’s improved forest management (IFM) credits can command a premium for high integrity, according to a study.
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EU CBAM will hardly affect major Indian exports, despite warnings -study
The EU’s Carbon Border Adjustment Mechanism (CBAM) import tariff will have a negligible effect on India’s biggest export segments to the bloc, according to a new peer-reviewed study published Monday.
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Q2 WCI auction postponed due to “technical difficulties”, to be rescheduled
The joint California-Quebec carbon allowance auction for Q2 was postponed Wednesday due to "technical difficulties", regulators ARB said.
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British startup claims its green cement can be sold at market value without credit subsidy
An Imperial College London spin-out is seeking seed funding for its decarbonised cement process, which it claims will make producing the material cheaper while still cutting more than 90% of CO2 emissions.
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Shipping consultancy launches EU ETS-specific contracts to manage compliance
An international shipping advisory service has created an EU ETS add-on to its standard shipping contracts, enabling shipowners and charterers to delegate compliance obligations to a managing entity.
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CCS lobby group pleads for negative emissions reward, special envoy in next EU Commission
A lobby group supporting carbon capture and storage (CCS) in Europe is calling for more support from policymakers, with a reward for negative emissions and a special envoy within the European Commission among a range of recommendations for the next legislative cycle.
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Indian renewable company signs $1-bln deal to develop energy transition projects
An Indian renewable energy company has signed a $1 billion MoU to finance and develop energy transition projects both within India and globally.
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Fintech startup eyes Islamic finance riches after securing fatwa for carbon credit investment product
A startup focused on exchange traded voluntary carbon investment products has secured a fatwa for a carbon credit asset class that it hopes will tap into the deep pockets of the Islamic finance market.
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Tetra Pak releases nature targets reporting framework
Swedish-Swiss drink packaging giant Tetra Pak has developed a reporting framework to track its progress towards nature targets with UK-based consultancy Biodiversify.
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FEATURE: UK’s local govts face hefty carbon pricing bill for waste incineration
The UK’s local governments are anxiously looking to London to enact policies that could help to clean up household rubbish in the coming years, in the hopes of minimising hefty new carbon costs for waste incineration.
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Euro Markets: Midday Update
European carbon prices appeared to be settling into a channel between €70-€75 on Wednesday morning as early selling drew out support at the lower end of the range, though an attempt to move higher also ran into resistance, while energy markets firmed slightly despite broadly stable fundamentals.
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Irish platform for carbon credits with biodiversity co-benefits launches
Marketplace ConnectGreen on Wednesday launched a platform for voluntary carbon credits with biodiversity co-benefits focused on smallholder projects in the Republic of Ireland.
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Cement and lime consortium urges UK govt to accelerate market uptake of CCS
A consortium of cement and lime producers together with an energy company are calling on the UK government to speed up routes to market for commercially mature carbon capture and storage (CCS) projects in order to unlock private investment and allow the country to meet its net zero target.
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PepsiCo partners with Canadian group to support biodiversity improvement in farms
PepsiCo has teamed up with a Canadian conservation charity to provide financial incentives for producers committed to improving biodiversity on their lands.
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‘Over-protection and over-regulation’: Think tank issues scathing criticism of EU Green Claims Directive
With the Green Claims Directive, EU legislators seem to be mistakenly seeking to regulate the voluntary carbon market rather than laying down rules for companies to communicate their green credentials to consumers, according to a leading climate think tank.
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Indonesia expands CCS plans with US, Korean oil giants
Indonesia is expanding its carbon capture and storage (CCS) plans after its state oil company signed an agreement with US oil giant ExxonMobil and South Korea’s KNOC, while the former two also signed another agreement to develop a CCS ‘hub’ in the Sunda and Asri basins.
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Voluntary carbon standard releases methodology to credit electrification in shipping
A large voluntary carbon credit issuing body has released a methodology crediting the electrification of energy supply for ships when shore-side or offshore, active from Wednesday.
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Japanese developer partners with government-backed agricultural organisation on rice projects
A Japanese carbon project developer has partnered with a regional government-backed agricultural organisation to promote credit-generating rice projects, as it seeks to broaden its presence in Vietnam's voluntary market.
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Asian carbon project developers caught between evolving regulations and updating methodologies, conference hears
Voluntary carbon project developers are struggling to keep up with the rapidly changing landscape of new methodology updates and emerging government regulations in Asia, participants told a conference this week.
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State-owned oil major determined to make Malaysia regional CCS hub
Malaysian oil and energy company Petronas intends to provide solutions to decarbonise hard-to-abate sectors and establish the Southeast Asian nation as the regional hub for carbon capture and storage (CCS), it told a conference this week.
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