Carbon Pulse

Japan's main trading bourse is planning to add emissions reductions issued under the GX League to its carbon trading platform, expanding the scope of units tradable beyond offsets from the national J-Credit programme.

An Islamic finance group has teamed up with a Saudi Arabian carbon specialist firm to explore the potential for reducing emissions and earn carbon credits from the vast seagrass meadows and mangrove forests in the Maldives.

Global food production is under threat from the spread of carbon projects that interfere with the livelihoods of small-scale farmers and indigenous peoples worldwide, particularly in sub-Sahara Africa and Latin America, research released Monday has found.

Allowances prices in Turkiye’s ETS are expected to eventually mirror those for EUAs in the EU carbon market, meaning they could climb to as high as €150/tonne by the mid-2030s, experts said this week.

A Tennessee-based direct air capture (DAC) company launched a pilot facility Wednesday, its initial deployment of an approach that the firm’s CEO told Carbon Pulse offers a more energy efficient alternative in the emerging industry.

Democratic lawmakers in Virginia and the state's Republican governor reportedly reached a yet-to-be-published budget deal Thursday that is expected to exclude proposed language on rejoining the regional power sector cap-and-trade programme.

Compliance entities have added to their holdings across North American carbon markets, while managed money continue to reduce vintage 2024 positions in most schemes in favour of longer-dated California Carbon Allowances (CCAs), according to weekly data from the US Commodity Futures Trading Commission (CFTC).

Retirement of coal- and lignite-fired power plants by EU member states could lead to as many as 160 million EUAs being voluntarily cancelled by 2030, with even more set to be deleted after that date, forcing prices higher as supply is removed from the market, according to an analyst.

A Mexican standards body has launched a new version of an international offsetting standard adapted to the national context as the country moves to pass new transparency regulations governing the voluntary carbon market (VCM), according to a local media report.

The Los Lagos region of Chile aims to implement Chile’s first offsetting exchange to facilitate the purchase of carbon credits and decarbonise local industries, per a local paper from the city of Osorno.

Two carbon registries will begin offering updates about projects throughout their lifecycle in a bid to improve voluntary market (VCM) transparency post-validation and verification, according to representatives speaking at Carbon Forward Turkiye on Friday.

Turkiye’s national development, including socioeconomic and ecological dimensions, are at the forefront of stakeholder interest in the voluntary carbon market (VCM) and potential Article 6 engagement, Carbon Forward Turkiye heard Friday in Izmir.

Turkish renewable energy companies say they are struggling to develop projects because of the high costs, long timelines, and administrative burdens of certifying their emission reductions, combined with the low prices and uncertainty in the voluntary carbon market.

Nepal should make it easier for private sector actors to engage in Article 6 projects to help make sure the country can meet its commitments under the Paris Agreement, the UN Development Programme (UNDP) said Friday.

European carbon allowance prices climbed to their highest in four months on Friday morning as determined buying took prices above two key technical levels, before the market gave back all its gains amid profit-taking ahead of the weekend.

A guide for adopting nature-positive practices across renewable energy sites has been published by Foresight Group, alongside details of an endangered butterfly conservation project on a solar farm.

A Belgian manufacturer of lime, limestone, and mineral-based products has signed a Memorandum of Understanding (MoU) to collaborate with a British carbon capture and storage (CCS) firm. 

CO2 allowance prices in China’s national emissions market fell below the 100 yuan ($13.84) mark over the past week after hitting a record high in late April, with traders and analysts expecting short-term fluctuations amid policy uncertainties.

Shell has dismissed as inaccurate reports by Greenpeace and the Financial Times claiming the oil major made over C$200 million ($146 mln) selling "phantom" carbon credits that it earned for emissions reductions that never happened.

The international community's commitment to protecting at least 30% of the waters by 2030 must go beyond mere numbers and strive for quality and effectiveness, as only one-third of the largest global marine protected areas is highly protected, according to a paper published Thursday.