Carbon Pulse

Exchange-traded funds focused on carbon allowances have cut their holdings to the lowest in two years,  as flatlining EUA prices and a darkening economic outlook have encouraged investors to look to other asset classes for better returns.

European carbon prices stabilised after four successive daily declines in relatively light trading on Friday morning, reflecting a lack of direction and shrugging off a slight boost in energy markets as the European weather outlook turned slightly colder.

Blue hydrogen could be a fuel of the future and remains cheaper than its zero emission green counterpart, according to a report from a gas industry lobby this week, which argued many of the same talking points it has been making for years with a low-carbon twist in 2023.

The spot price in China’s national emissions trading scheme (ETS) climbed to a new high over the past week with a surge in trading volume, with heightened market expectations that the government is working to expand the programme to additional sectors.

The Clean Energy Regulator has issued guidance for those wishing to apply for multi-year monitoring periods (MYMP) under the reformed Safeguard Mechanism.

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

A lack of specific accounting standards for carbon credit trading has led a major financial industry trade association to publish a whitepaper offering guidance for the treatment of such units.

Australia is looking to overhaul its Climate Active voluntary certification scheme to bring it in line with public, investor, and consumer expectations, as its requirements were viewed by many as woefully out of date.

Half of the world's economies are already well into a period of fossil power decline due to strong renewable growth and efficiency gains, even as demand has increased in many cases, according to analysis from a think-tank published Friday.

Applying a social cost of carbon (SCC) to fossil fuels in the US could drastically reduce CO2 emissions while simultaneously improving water quality in the Gulf of Mexico's "dead zone", new research has found.

California gasoline sales and emissions in July exceeded year-ago levels, while monthly diesel consumption and related GHG output continued the trend of lagging historic levels through most of 2023, according to state data published Wednesday.

California Carbon Allowance (CCA) futures prices flatlined this week on lower volume, despite heightened activity in the options market, while Washington Carbon Allowance (WCA) values inched back towards the programme’s Tier 1 reserve price trigger.

A major US carbon storage pipeline is facing a multi-year delay after several Great Plains states denied permits to the project, but the forward purchasing goal of a CO2 removal buyers’ club won't get threatened by the delay, a senior official told Carbon Pulse.

A Vancouver-based climate-tech company is claiming a world-first in patenting its process of generating carbon credits, which are facilitated by users who make lower-carbon transportation choices as tracked by the firm’s technology.

Co-legislators for the European Parliament and Council of member states met on Thursday for the first time to kick-off talks to finalise a bill to reform the EU power market, aiming to an end-of-year delivery of the law to shield citizens from higher energy prices.

A coalition of 12 fossil fuel producers have boosted their low carbon investments, emissions reductions, and carbon capture utilisation and sequestration (CCUS) development in 2022, according to an annual progress report released Wednesday.

A Vancouver-based organisation announced Thursday that it will provide C$2.8 million ($2.05 mln) in non-dilutive funding to help develop commercial pathways for measurement, monitoring, and verification (MMV) of carbon management solutions originating from British Columbia.

The Brazilian Senate Environment committee on Wednesday approved a lawmaker’s request to investigate allegations that linked avoided deforestation carbon credit project developers in Para state with the theft of public lands.

Laying out hydrogen infrastructure and grid connections across the EU will be a gamechanger for the renewable hydrogen sector, industry players said during an online talk on Thursday, a day after a key cross-border EU hydrogen infrastructure plan gained a new major partner.

Around 95% of the world's thermal coal value chain lacks a phaseout commitment and only half of those with exit dates have timelines aligned with the Paris Agreement, according to an NGO-compiled report published on Thursday.