Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 59 min ago
Taiwanese trade group calls for local CBAM
One of the largest trade groups in Taiwan has urged the government to establish an emissions pricing framework for imported goods to prevent carbon leakage and sustain domestic companies' business competitiveness amid the emergence of international carbon taxes.
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Regenerative agriculture “not a silver bullet”, researchers say
Investors need to better understand the impact of regenerative agriculture practices without expecting them to solve all their nature and climate ambitions, according to executives at a non-profit investor network.
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Watching the watchdogs: Voluntary carbon market consortium launches oversight body to police regulators, raters
A consortium of project developers, trading firms, and other stakeholders has announced the launch of a new watchdog organisation aimed at policing efforts by regulators and rating agencies, with the aim of bringing even more integrity and transparency to the voluntary carbon market (VCM).
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Latest talks fail to solve deep sea mining regulation spat
Countries failed to reach an agreement on a consolidated text on commercial deep sea mining regulations at the first part of the 29th Council of the International Seabed Authority (ISA), as metal companies are pressing to apply for permits even in the absence of a framework.
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Japan aims at international impact in nature positive strategy
Japan has released a Nature Positive Economy Transition Strategy, taking aim at creating impact well outside its own borders and including the use of carbon and biodiversity credits.
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FEATURE: First deliverables from voluntary carbon market standards’ collaboration coming in Q3, but bigger challenges lay ahead
The first deliverables from a collaboration between some of the world’s largest voluntary carbon market (VCM) standards are expected to arrive in Q3 this year, and “more complicated pieces” to come in 2025, but the alliance faces larger challenges - some existential - on the road ahead.
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Partnership to launch broad range of carbon projects in Malaysia
A Southeast Asian carbon consultancy has teamed up with a Malaysian university to drive the creation of a wide range of nature- and technology-based offset projects, with resulting credits to be made available on the domestic carbon exchange.
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IUCN proposes biodiversity article in global plastics treaty
The International Union for Conservation of Nature (IUCN) has proposed including a separate article on biodiversity in the UN global plastics treaty, ahead of the fourth round of negotiations to be held later this month.
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Washington to offer higher current year volume at Q2 auction in June
Washington state's Department of Ecology (ECY) will offer a higher number of current year volumes at its quarterly carbon allowance auction in June, as well as a smaller amount of future vintage allowances, according to a notice published by the agency Friday.
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US landfill emissions are 40% higher than what’s being reported to regulators, study finds
Methane emissions from US landfills are on average 40% higher than what has been reported to the EPA, according to a study released Thursday.
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BRIEFING: Canada set to increase federal carbon tax again, to the dismay of conservative leaders
A scheduled increase to Canada's revenue-neutral 'backstop' carbon tax on fossil fuels will go ahead on Apr. 1, despite pleas to abort the rise from several conservative provincial premiers and other populist politicians.
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WCI Markets: Continued CCA volatility as WCAs see rally
California Carbon Allowances (CCA) declined while Washington Carbon Allowances (WCA) rallied during the Mar. 21-27 period, as market participants remarked on the unexpected volatility following North American Carbon World (NACW) in San Francisco.
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BC takes steps to maintain Ottawa’s oil and gas emissions cap policy beyond next federal election
British Columbia will introduce legislation to “backstop” federal plans to impose an emissions cap on Canada’s oil and gas sector, the province announced Friday, in an effort to defend the measure against the risk of cancellation by a new administration in Ottawa.
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Canadian carbon offset investor reports big net loss amid falling credit prices
A Canada-headquartered voluntary carbon offset originator on Thursday reported an annual net loss of $35.5 million (C$48.1 mln) in 2023 amid halved credit sale prices, despite ongoing restructuring efforts to reduce operating costs.
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Last coal plant in New England to close by 2028 amid pressure by green groups, regulators
The last coal-fired power plant in New England will close by 2028, its owner announced this week, handing environmental activists a victory.
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Tight cookstove emissions methodology wipes out cheap abatement under $10, finds report
Tightening the calculation of emissions from voluntary cookstove credits will almost wipe out abatement for under $10 per tonne, finds a report.
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Carbon insurer closes $10 mln investor raise
A US-based carbon credit insurance company has closed a $10 million investor raise, bringing several new firms on board and attracting the support of multiple angel investors.
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Demand ramping up in voluntary cookstove sector after pre-issuance credits snapped up, says financier
Nearly half of around 590,000 African voluntary credits from biomass improved projects were recently sold ahead of issuance, and above secondary market prices, a carbon financier told Carbon Pulse Thurdsay, after last week announcing a hefty investment into electric cookstoves.
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Chile approves first offsetting projects eligible for paying national carbon tax
Chile officially approved the first eight carbon projects eligible for payment of its $5/tonne national carbon tax Wednesday, operationalising a new offsetting mechanism announced last year.
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Canadian project developer buys 25,000 tonnes of BECCS removals credits from UK energy firm
A UK energy firm announced Thursday that it has reached a five-year agreement for the sale of 25,000 tonnes of bioenergy with carbon capture and storage (BECCS) credits to a Calgary-headquartered project developer at $350/tonne, according to a Thursday press release.
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