Carbon Pulse

China has introduced a capacity payment mechanism to improve the profitability of domestic thermal plants, a move the government claimed will support the country's low-carbon transition, though concerns have emerged as to whether the new policy will incentivise generators to build more coal.

Submissions to New Zealand’s biodiversity market consultation agreed that governments alone can not muster enough cash to adequately address biodiversity decline, but there are concerns that credit-based schemes are too immature to be considered.

A group of Australia’s past and present politicians and environmental groups have signed on to a pledge urging the state and federal governments to halt the logging of native forests in the country.

China could see a structural decline in greenhouse gas emissions next year, as low-carbon energy expansion is expected to reach the scale needed to start driving down CO2 output, a report has found.

A series of factors may be coming together to trigger a big year-end EU carbon price rally, including record short selling by speculators and dwindling auction supply, some experts believe, while others think looming bearish pressures remain too great for prices to see any meaningful recovery from recent lows.

Deforestation in the Amazon has fallen to its lowest level in five years, according to a report published this week by Brazil's National Institute for Space Research (INPE), while a fund to support these efforts was strengthened.

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

The highest number of quarterly credits in the history of the programme saw Oregon's Clean Fuels Program (OCFP) generate the second highest quarterly net credit surplus during the second quarter of the year, even as gasoline deficits reached their peak, according to state data published Thursday.

An offset project developer part-owned by a major oil company has denied allegations by a Brazilian investigative news outlet that Indigenous people in the Amazon were deceived into signing carbon credit contracts.

The Attorney General’s office in New Hampshire is scrutinising the new business model of Bluesource Sustainable Forest Company (BSFC), which owns a 59,000-hectare tract at the state's tip, to assess its compliance with a 20-year-old easement originally intended for logging and recreation.

A Toronto-headquartered global wealth and asset manager announced on Friday the initial close of its forest fund investing in sustainably managed forests where carbon sequestration is prioritised over timber production.

A German-Brazilian startup focused on enhanced rock weathering (ERW) in tropical regions has successfully raised €5.6 million in an oversubscribed funding rounds, led by prominent impact, climate, and tech investors.

The Americas Partnership Fund for Nature will receive an initial $10 million from the US government, the White House said last week before launching the financing vehicle officially via a fact sheet Friday.

The Norwegian government on Friday set out a 2024 budget proposal that would carve out $270 million for it to spend on carbon units to help meet its EU climate policy obligations.

With the voluntary carbon market at a "crossroads", a plethora of countries developing new carbon pricing systems, and mature compliance mechanisms such as the EU ETS expected to require removals integration further down the line, the need to connect these different emerging and established schemes is more apparent than ever, according to observers at a high-level industry event this week, with most routes for doing so leading towards Article 6 of the UN Paris Agreement.

The UK government’s climate policies rely on carbon removals but don’t sufficiently take into account the uncertainties involved in developing and scaling up the technologies, and this is distorting decision making, according to new academic research.

Oil and gas companies will be obliged to meet their share of an EU target of 50 million tonnes of annual operational CO2 injection capacity by 2030, according to a new compromise text that the Spanish presidency has circulated to EU member states ahead of a working group meeting on Monday.

The noise around efforts to tackle plastic pollution has risen to a fever pitch, a week before the negotiations for a global treaty to address the issue are due to begin.

EUA prices fell back along with energy markets on Friday morning as the weakening trend in carbon reasserted itself, though technical analysts suggested the market may be poised for a rally.

A “harmonious coexistence” between nature, chemicals, and people has been targeted by a major chemicals and cosmetics corporation.