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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 10 min ago
California compliance offset issuance rebounds, but DEBs’ supply tightens
California compliance offset issuances almost doubled compared to ARB's prior distribution, once again surpassing last year's pace, state data published Wednesday showed, although no new issuances were tagged with direct environmental benefits to the state (DEBs), resulting in record high premiums for DEBs-tagged units.
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US-based voluntary carbon standard targets methane-leaking oil and gas wells
A US-headquartered voluntary carbon standard and registry this week announced the acceptance of credit applications under its newly-developed methane capture and reclamation protocol.
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Forest carbon stocks vary with latitude and tree species, study reveals
An expansive study by the Natural Resources Institute Finland (LUKE) has shed light on the varying carbon stocks within dry heath forest ecosystems across the country, highlighting a stark contrast between northern and southern regions as well as between pine- and spruce-dominated forests.
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*Biodiverse Landscapes Fund Lower Mekong Landscape Team Lead, Asia-Pacific Programme, Fauna & Flora – Phnom Penh
*PREMIUM LISTING - Fauna & Flora is seeking a highly experienced conservation and/or development professional with experience in running large statutory projects to provide leadership, effective management and delivery of the BLF Lower Mekong Landscape programme within the Asia-Pacific Programme.
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Coalition commends US CO2 pipeline safety standards, provides additional recommendations
A coalition for carbon management has put forward safety-focused proposals to scale the CO2 pipeline infrastructure, while reviewing the sector’s safety record.
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Fonterra to cut intensity of on-farm emissions by 30% by 2030
New Zealand dairy co-operative Fonterra announced Thursday it is targeting a 30% intensity reduction in on-farm emissions by 2030, as a coalition of the country's business leaders have said they are doing the heavy lifting to reduce emissions in the country.
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Startup opens innovative water-generating carbon capture pilot facility in California
A Los Angeles-based startup has initiated a groundbreaking commercial pilot project in California, which it said is introducing the world’s first water-positive CO2 removal system.
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EU new enlargement plans urge neighbour nations’ to align climate policies
Countries seeking EU membership must align with the bloc's climate policies, including its ETS, according to a set of enlargement plans presented by the European Commission on Wednesday that were light on specific requirements.
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North American developers partner to build ocean-sequestering DAC project in Canada
Two North American carbon removal project developers have partnered to deploy units that capture CO2 and sequester it in the ocean off the coast of Canada.
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US federal lawmakers introduce soil carbon sequestration legislation
A pair of US lawmakers from opposite sides of the aisle introduced legislation in the House of Representatives on Tuesday to garner federal government support for interagency work around soil carbon sequestration, research, and monitoring.
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EU’s carbon border plans force companies to disclose ‘trade secrets’, says industry
Companies and non-EU governments impacted by the EU’s carbon border adjustment mechanism (CBAM) said the legislation is forcing them to disclose 'trade secrets' about their supply chains, and that the lack of regulatory detail is hindering their ability to prepare, an event in Brussels heard on Wednesday, as a Turkish official confirmed that the nation plans to launch an ETS next year.
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ANALYSIS: Voluntary action on airline non-CO2 impact takes shape as EU obligations loom
The first forward purchase agreement has been signed for carbon credits for avoiding the creation of contrails, a form of non-CO2 pollution created by flying, though some airlines remain hesitant about the climate impacts even as initial regulations loom.
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Democrats win slim majorities in Virginia’s general elections
Virginia Democrats are on track to hold the state Senate and win back the House of Delegates following Tuesday's legislative election, putting the brakes on Governor Glenn Youngkin's (R) agenda.
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Five free map datasets launched on agricultural impacts
Five free-to-access mapped datasets to help companies understand the land, carbon, and biodiversity impacts of their agricultural supply chains have been launched by data agency Vizzuality.
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VCMI announces early adopters of its code for carbon credit buyers
Five companies have been named as early adopters of the VCMI’s code on making credible claims about voluntary carbon credit use, the cross-stakeholder body said on Wednesday.
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UK asset manager Fidelity to expand sustainable oceans and water investments
Asset manager Fidelity International plans to expand its range of sustainable strategies to cover nature-related themes including oceans and water.
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Environmental consultancy develops crediting methodology for carbon removals using marine microalgae
An environmental consultancy has developed a “rigorous” crediting methodology to quantify and verify CO2 removals achieved using marine microalgae.
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Euro Markets: Midday Update
European carbon prices recovered from early lows after the weekly Commitment of Traders data showed investment funds have amassed the largest total short position in two years and the largest-ever net short position, but the scale of the reaction left many participants still unsure about which way prices are likely to move.
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US Farm Bill should front up funds for agroforestry, coalition says
A potential environmental game-changer, agroforestry has so far been overlooked and under-incentivised according to a US farming group, but the upcoming farm bill is an opportunity to switch up the rules.
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British energy firm teams up with climate tech company to boost carbon credits offering
A British energy company has teamed up with a carbon market digital infrastructure provider to facilitate the sales of credits to its customers, including those generated from its own projects.
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