Carbon Pulse

A Colorado-based carbon capture firm this week announced investment from a US oil major and investment firm to help deploy its CCS technology in hard-to-abate sectors.

An Africa-focused carbon project developer is hunting for a new CEO as its current chief executive transitions to two different, concurrent roles.

A proposed biomass and carbon capture project in California's Central Valley has been halted following the withdrawal of its federal and local permits after discrepancies were identified by the US Environmental Protection Agency (EPA).

Manitoba's provincial government on Thursday proposed a regulatory framework for underground storage of CO2 that details necessary permits, licensing, and ownership related to carbon capture, utilisation, and storage (CCUS) projects.

The WCI compliance instrument surplus continued to build in Q1 as the market entered the final year of the fourth trading period, government data published Thursday showed.

Emitters are favouring longer-dated California Carbon Allowances (CCA) while speculators widened their net length with V24 CCA additions, though both groups reduced their exposure in RGGI and Washington carbon markets, according to data published Friday by the US Commodities Futures Trading Commission (CFTC).

A Germany-headquartered climate tech company, focused on durable carbon removals, has signed partnership with a developer of direct air capture (DAC) projects based in Kenya to provide digital monitoring, reporting, and verification (dMRV) to one of its projects.

Carbon is slowly becoming an underlying unit of value in climate-related calculations across several sectors, prompting finance-based legal and regulatory frameworks to face new challenges and adapt,  experts told Carbon Pulse.

Corporate ambition to report on supply chain emissions will remain robust despite the notable exclusion of Scope 3 reporting requirements in the US Securities and Exchange Commission’s (SEC) climate-related financial disclosure rules, according to an agricultural consultancy.

A carbon insetting programme for zero-emission shipping has been launched by a consortium of maritime organisations aiming to draw up methodologies for greener ships.

The US Securities and Exchange Commission (SEC) issued a stay on Thursday of its contested climate disclosure rules to avoid potential regulatory uncertainty, but vowed to defend the validity of the measures in ongoing litigation.

A joint venture under the Indian government has for the first time issued a tender to sell voluntary carbon credits issued by Verra (VCUs), but only to domestic buyers.

Argentina’s new government is pursuing voluntary and compliance carbon markets by any means possible, but other Latin American countries are struggling to operationalise adequate legal and technical infrastructure, according to regional experts on a webinar.

The trade of voluntary carbon credits and financial products linked to the current phase of the CORSIA international aviation offsetting scheme is expected to remain low in volume due to perceptions that the market is not yet ready to scale, according to a panel of industry experts.

The effective participation of Indigenous Peoples in nature markets could mean introducing initiatives other than biodiversity credits for boosting finance, a specialist on the topic said Thursday.

French and German companies are gearing up for the possible inclusion of carbon dioxide removal (CDR) units within the EU Emission Trading System (EU ETS).

European carbon allowances traded in a very narrow range with modest volume on Friday as the market continued to digest inconclusive Commitment of Traders data that showed a marginal decline in speculative short positions, as well as the Commission's announcement this week of a larger-than-expected drop in emissions in 2023, while energy prices were little changed.

The European Commission “really needs to step up its game” when it comes to putting together a supportive policy framework for carbon capture and storage (CCS) technology, according to an industry association.

The forestry department of the People’s Democratic Republic of Lao has put a temporary halt on all current and upcoming applications for REDD+ carbon projects, according to documents seen by Carbon Pulse.

Singapore-based carbon exchange Climate Impact X (CIX) has launched two standardised contracts for nature-based removal credits in the afforestation, reforestation, and revegetation (ARR) market, it announced Friday.