Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 12 min 22 sec ago
INTERVIEW: Chemical firm explores creating Brazilian nature offsets
The agricultural research arm of a Germany-headquartered chemical company is considering a pilot scheme at small-scale soybean farms in Brazil to create credits corporates can use to offset their nature impact.
Categories: Around The Web
UK climate tech secures $15 mln in funding to enhance AI-enabled restoration tool
A British climate tech startup has raised $15.7 million in Series B funding as it seeks to further develop its AI-based platform for ecosystem restoration and expand into new markets, the company announced Wednesday.
Categories: Around The Web
Laos to develop massive carbon project with private partner
Laos has announced plans for a major nature-based solution carbon project spanning 5% of its land mass that could cut CO2 emissions by 1.4 million tonnes per year.
Categories: Around The Web
Australia releases strategy that banks on gas beyond net zero target date
Australia, one of the world’s top three LNG exporters, on Thursday released a long-term strategy for natural gas, with plans to rely on the fuel well beyond its mid-century net zero target date.
Categories: Around The Web
Consultancy launches new business line to help companies invest in carbon credits
A global sustainability consultancy has launched a new division focused on helping companies invest in high-quality carbon credits, building on its existing carbon markets strategy, it announced on Thursday.
Categories: Around The Web
Japanese offset provider secures $3 mln in funding round
A Japanese offset provider that promotes regional decarbonisation initiatives has secured 480 million yen ($3.08 mln) in a recent funding round, it announced Thursday.
Categories: Around The Web
Gold Standard teams up with industry body to aid carbon project development in Indonesia
Voluntary carbon certification body Gold Standard and the Indonesia Carbon Trade Association (IDCTA) have set up a taskforce to develop carbon market regulation and infrastructure in the Southeast Asian nation, aligned with domestic and international markets, the body announced Wednesday.
Categories: Around The Web
SK Market: South Korea CO2 auction fails as demand remains sluggish
South Korea sold none of the CO2 allowances on offer at Wednesday’s monthly auction, as demand remains weak amid oversupply and regulatory uncertainty.
Categories: Around The Web
Australia ask EU to delay compliance on deforestation law
The Australian government has asked the EU to delay regulation that would prevent commodities linked to deforestation from being imported into the bloc.
Categories: Around The Web
Biotech firm, gas producer call for ramp-up of CI stringency in California LCFS scheme
California must significantly ramp up the proposed carbon intensity (CI) target under its Low Carbon Fuel Standard (LCFS) to rid the market of its surplus, according to submissions to the market regulator's ongoing stakeholder consultation process.
Categories: Around The Web
Malawi issues letter of authorisation to sell 1.5 mln carbon credits at auction
Malawi’s Ministry of Natural Resources and Climate Change has authorised a private firm to auction the country’s carbon credits on the international market, according to local media reports.
Categories: Around The Web
Washington CFS rulemaking to deviate from federal GREET model updates
Washington’s Department of Ecology (ECY) staff received pushback from stakeholders for choosing not to make changes to its GREET model during the latest round of Clean Fuels Standard (CFS) rulemaking, after the federal government recently updated their carbon intensity (CI) standard calculations for sustainable aviation fuel (SAF) tax credits.
Categories: Around The Web
INTERVIEW: Poor demand from Global North hampers biodiversity credit uptake in Africa
European and North American companies are not keen to invest in biodiversity credit initiatives in Africa, as the continent strives for innovative funding solutions alongside carbon credits to preserve its nature, a conservation finance expert has told Carbon Pulse.
Categories: Around The Web
Brazil, India, Saudi Arabia among largest emitters most exposed to climate impacts
A third of the countries responsible for the vast majority of global emissions could face some of the harshest climate change impacts, especially from heat, according to a new report by a risk intelligence company.
Categories: Around The Web
Extending UK ETS to heating and road transport would cut emissions -report
Expanding the UK carbon market to cover heating and road transport fuels could help to reduce emissions significantly, but further measures are needed to offset the cost to lower-income households and reach net zero emissions by 2050, according to research published Thursday.
Categories: Around The Web
ARB’s highest offset issuance of 2024 lacks DEBs-tagged units, keeping their premiums elevated
California regulator ARB issued the highest number of compliance-grade offsets thus far this year but none with direct environmental benefits (DEBs) to the state, holding DEBs-tagged premiums above $20, data published Wednesday showed.
Categories: Around The Web
Expanded ETS proposal, extensive oil production cloud Brazilian climate policy -report
The enhanced eligibility of REDD+ credits in partially-approved ETS legislation in Brazil, alongside increased investment in oil production, could contradict the country's climate policy ambitions, according to a report published Wednesday.
Categories: Around The Web
BRIEFING: Federal judge questions basis of discrimination in Washington cap-and-trade lawsuit
A US federal district judge has questioned the nature of a power producer’s electricity consumers, its allocation of no-cost allowances as per Washington state’s Climate Commitment Act (CCA), and the future of the facility's participation in the cap-and-trade programme, according to legal arguments heard in court.
Categories: Around The Web
Surge of patents in CDR technologies this year signals market set for rapid growth
An explosion of patents has lit up the carbon dioxide removal (CDR) market, signalling the nascent market is on the cusp of entering into the growth stage.
Categories: Around The Web
EU failing to protect remote marine areas, WWF says
EU countries are largely failing to protect their marine areas in the bloc's most remote regions, with national strategies often misaligned with the European Green Deal goals, a WWF report said on Tuesday.
Categories: Around The Web