Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 58 min ago
New maritime pooling mechanism aims to dilute and monetise emissions intensity of EU ships
A Finnish startup is offering a pooling service to group high- and low-emissions intensity ships and facilitate their net compliance with the EU’s incoming FuelEU Maritime rules.
Categories: Around The Web
Florida to allocate $1.5 bln to biodiversity restoration, water quality improvement
The US state of Florida has announced a $1.5-billion commitment to restore biodiversity and improve water quality, including what it claims to be the largest single-year investment ever made to protect the Everglade wetlands.
Categories: Around The Web
Major investors to vote for PepsiCo biodiversity risk shareholder proposal
Institutional investors including the Norwegian sovereign wealth fund and Rothschild & Co are asking PepsiCo to report on its dependencies on biodiversity in a bid to quantify the financial risks related to nature loss.
Categories: Around The Web
Carbon storage in Indian Ocean, Bay of Bengal can help India achieve climate goals -research
The Indian Ocean and the Bay of Bengal can potentially act as carbon reservoirs, storing huge amounts of CO2 that will help to decarbonise industrial clusters and can aid India to achieve its net zero targets, researchers have found.
Categories: Around The Web
Euro Markets: Midday Update
European carbon allowance prices rose steadily on Tuesday morning, wiping out seven days of losses, as the selling activity that dominated Monday's session was largely absent and gas prices rallied as the new benchmark contract month began.
Categories: Around The Web
Japanese trio launches impact finance product to meet decarbonisation need
A major trading house in Japan has teamed up with two domestic partners to launch an impact finance loan product to meet the decarbonisation needs of Japanese companies.
Categories: Around The Web
Danish regenerative farming specialist teams up with Ukrainian bank on soil carbon finance model
A Danish tech startup specialising in regenerative agriculture finance and technology has teamed up with a bank in Ukraine to further tap the war torn country’s vast farming market for its soil carbon credit programmes.
Categories: Around The Web
Scandinavian industrial secures first China SAF project
A Denmark-headquartered industrial company has secured its first sustainable aviation fuel (SAF) project in China as it aims to address the fast-growing global demand for cleaner fuels.
Categories: Around The Web
Taiwan releases draft regulations on carbon levy collection, proposes preferential rates for emitters with voluntary targets
Taiwan's environment ministry has released three draft sub-laws to underpin the island's upcoming carbon levy scheme, estimating the amount emitters have to pay based on their carbon leakage risk and voluntary plans.
Categories: Around The Web
Southeast Asia registries partner for transparency, expansion, and Article 6 work
A recently formed carbon offsets standard and registry based in Singapore has partnered with a larger international partner to enhance the credibility and transparency of its platform.
Categories: Around The Web
POLL: Analysts maintain bearish near-term UKA forecasts as fundamentals remain weak
Analysts have kept their UKA price forecasts at well below £50 for the next two years, citing weak fundamentals and ongoing policy uncertainty that will keep the market trading at a substantial discount to the EU ETS for most of the decade.
Categories: Around The Web
Australia proposes amendments to emissions reporting scheme
The federal government is consulting on legislative amendments to the National Greenhouse and Energy Reporting (NGER) scheme to make emissions reporting more robust, releasing a discussion paper on proposed changes on Monday.
Categories: Around The Web
Louisiana lawmakers inundated with carbon capture and storage bills
At least a dozen bills pertaining to carbon capture and sequestration (CCS) are in the pipeline to become law in Louisiana, as lawmakers surmise the regulatory future of CCS in the state prior to the close of the legislative session.
Categories: Around The Web
US aviation stakeholders launch coalition to uplift the SAF market
Some 40 aviation industry stakeholders and biofuels producers on Monday announced the launch of the Sustainable Aviation Fuel (SAF) Coalition to advance investments and drive policies within the sector.
Categories: Around The Web
Brazilian CCUS regulatory framework should adopt experimental approach -report
The federal agency likely to be responsible for oversight of Brazilian carbon capture, utilisation, and storage (CCUS) should adopt an experimental regulatory approach based on pilot projects, according to a report published earlier this month.
Categories: Around The Web
EU agriculture ministers support state aid to help farmers facing climate impacts
The EU should allow its member states to amplify state aid as a response to the impacts of climate change on farmers' businesses, according to most of the bloc's agriculture ministers.
Categories: Around The Web
RGGI Market: RGAs breach $21 on highest weekly volumes of year
A spate of strong compliance demand pushed RGGI allowance (RGA) prices to new record levels last week, traders said, as the market notched its highest weekly volumes of 2024.
Categories: Around The Web
EU Green Deal and competitiveness go hand-in-hand, Commission boss von der Leyen says in candidate debate
European Commission President Ursula von der Leyen sought to frame climate action and economic competitiveness as inextricably linked, in a debate on Monday with rival candidates for the EU executive body's next leader.
Categories: Around The Web
Voluntary carbon standard publishes revisions after being denied full eligibility for CORSIA
Gold Standard has published clarifications and procedural revisions to boost its chances of supplying voluntary carbon credits for Phase 1 of CORSIA, the UN international aviation offsetting scheme.
Categories: Around The Web
VCM Report: Rumble in Rimba Raya distracts voluntary carbon market at time of reasonable liquidity, renewed buying interest
Grim news about the Rimba Raya REDD project last week, as well as signs that corporates are focusing on cheap voluntary carbon credits, undermined a more upbeat tone for the market, fuelled by decent liquidity and stronger buying interest.
Categories: Around The Web