Carbon Pulse

A recently-launched coalition has partnered up with a digital monitoring, reporting, and verification (dMRV) provider as it looks to develop its new forest carbon standard.

South Korea plans to roll out carbon capture and utilisation (CCU) technology across industrial facilities in what the government has dubbed a “mega project”, designed to help decarbonise country’s biggest-emitting industries and reach its greenhouse gas emissions reduction goals.

European carbon prices continued to move in their recent narrow range as trading in the June options contracts entered its final hours on Wednesday morning, with the sideways price action shrugging off a third consecutive increase in investment funds' net short positions, while UKAs rose to their highest level in eight months as speculation over the next government's ETS strategy continued to mount.

The Australian government on Wednesday published a Sustainable Finance Roadmap that lays out the next steps of its reforms on climate reporting and a green finance taxonomy.

Industry promotion of recycling through instruments like plastic credits distracts from the urgent need to reduce overall production, with less than 10% of plastic recycled globally, according to a sustainable finance think-tank.

A carbon removals registry has teamed up with over 10 platforms to expand the reach of its credits in a bid to drive sales to new buyers, it announced Wednesday.

Japanese carbon project developer has signed a Memorandum of Understanding (MoU) with a second provincial government in Vietnam to reduce methane emissions resulting from rice cultivation in the Southeast Asian nation. 

The government of a Chinese province has launched a carbon crediting programme for forestry-related projects, urging local emitters to use it to meet their voluntary emissions targets and as part of the province’s contributions towards realising the country’s overall climate ambitions.

The Australian opposition Coalition is proposing to have two nuclear power stations up and running in the country by 2035 and 2037, and seven in operation "before 2050" as part of its climate and energy policy that it will take to the next election.

The second New Zealand ETS auction for 2024 has declined, due to lack of demand and allowances in the secondary market trading below the auction floor.

Under a Canadian emissions cap, oil and gas producers would reduce output rather than invest in carbon capture and sequestration (CCS), resulting in a C$282 billion ($205 billion) decline in GDP over the next 10 years, according to a report commissioned by the province of Alberta.

An agreement signed between a northwestern British Columbia First Nation and a Vancouver-based project developer will see the generation of voluntary carbon offsets via improvement of 1.1 million hectares (2.7 million acres) of forest, the duo announced Tuesday.

California’s Low Carbon Fuel Standard (LCFS), followed by federal incentives for biomass-based fuels production, has spurred renewable diesel (RD) production in the US and consequently transformed the global feedstock trade landscape, according to the country’s Department of Agriculture (USDA).

Two US forest carbon firms have announced the expansion of their successful collaboration into the northeastern region of the US, targeting over 200,000 landowners with forestlands ranging from 40 to 5,000 acres.

A group of 39 European clean tech innovators, investors, industry associations, researchers and NGOs have joined forces to call on the European Investment Bank (EIB) to ramp up public guarantees for investments in clean technologies ahead of a key board meeting on Friday.

A wildlife habitat initiative from the National Audubon Society (Audubon) and a Texas-based grasslands carbon project developer announced Tuesday a partnership to establish a carbon crediting programme for landowners who implement regenerative land management practices.

A carbon markets intelligence firm and data provider has partnered with Intercontinental Exchange (ICE), they announced Tuesday, facilitating information sharing between the two.

A corporate CO2 removals (CDR) buyers' club and a Stockholm-based energy firm announced Tuesday a $48.6 million offtake agreement for 800,000 tonnes worth of credits from a commercial-scale CDR retrofit on a biomass-fueled district heating facility.

Vermont is prepared to implement and defend in court its first-in-the-nation “Climate Superfund” law, even if it must go it alone, one of the lead sponsors of the legislation told Carbon Pulse.

The Global Environmental Facility (GEF) Council approved Tuesday a $500 million spending package on environment, including nearly $170 mln on efforts to tackle biodiversity loss.