Carbon Pulse

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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 41 min ago

Canadian carbon credit financier sells CFR credits to undisclosed fuel supplier

Thu, 2024-03-28 11:48
A Vancouver-based carbon offset developer has announced a multi-year agreement to sell credits generated from Canada’s Clean Fuel Regulations (CFR), but did not disclose the purchaser’s identity. 
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Power producer defends lawsuit against Washington govt, claims discrimination under cap-and-trade

Thu, 2024-03-28 10:55
A gas-fired power producer has defended its motion for the Washington Department of Ecology (ECY) to either issue free allowances or prohibit the producer's purchase of allowances that cover emissions associated with generation for non-Washington consumers, in an ongoing lawsuit.  
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Enhanced rock weathering shown to boost crop yields, improve soil, bolster nutrient uptake

Thu, 2024-03-28 10:01
The spreading of crushed silicate rock on agricultural land to precipitate CO2 capture, known as enhanced rock weathering, leads to higher crop yield in addition to improved nutrient uptake and soil pH, a scientific study has found.
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Renewable diesel fuels compliance across North American LCFS markets, but oversupply concerns persist

Thu, 2024-03-28 08:56
Low carbon fuel standards (LCFS) across North American markets will continue to see renewable diesel (RD) play a major role in helping fuel producers meet their carbon intensity (CI) targets, but regulators must continue to adjust stringency to maintain programme effectiveness in light of increased RD production capacity, experts said Wednesday.
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Beyond value chain mitigation guidance supports higher climate ambition, needs manageable carbon price

Thu, 2024-03-28 03:40
Applying beyond value chain mitigation (BVCM) principles in practice will initially need feasible internal carbon fees to gain traction, but its breadth can inspire greater corporate climate coordination, according to stakeholders speaking on a webinar Wednesday.
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International oil and gas forum backs key role for carbon markets in energy transition

Thu, 2024-03-28 03:19
An inter-governmental organisation comprised of oil and gas stakeholders has underlined the importance of carbon markets for the energy transition, especially for financing technological solutions to decarbonise hard-to-abate sectors, in a recent report.
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EU carbon price surge not here to stay –analyst

Thu, 2024-03-28 03:07
The end of the EU carbon allowance price rally is in sight, with prices likely to start falling again in the next couple months, according to the research arm of a Dutch bank.
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Launch of credit scheme for UK saltmarshes would be viable and boost carbon storage -study

Thu, 2024-03-28 02:48
The introduction of a carbon credit scheme supporting the restoration of UK saltmarshes would be feasible and provide a pipeline for private investment to help restore these degraded areas with significant carbon storage potential, a government-backed study has found.
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Marine biodiversity credit market may need “new type” of units, RePlanet says

Thu, 2024-03-28 02:46
UK-headquartered biodiversity credit developer RePlanet has stressed the need to develop tailored biodiversity units for marine conservation due to critical challenges holding back the market.
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California ARB offset issuance ticks up again, but remains behind 2023 levels

Thu, 2024-03-28 02:29
California regulator ARB has issued the highest number of compliance-grade offsets so far this year, although year-to-date totals continue to lag behind 2023, data published by the agency Wednesday showed.
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Oil and gas companies fail to sufficiently disclose climate risks for investors -study

Thu, 2024-03-28 01:52
The voluntary climate action disclosure from 10 oil and gas majors falls short of what investors need to accurately gauge how they will meet their goals, and the risks posed by those transitions, according to analysis published on Wednesday.
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NA100 guide on engaging with eight sectors published

Thu, 2024-03-28 01:51
A guide for investor members of the Nature Action 100 (NA100) initiative on engaging with companies in eight priority sectors has been published by non-profit Ceres.
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Former FERC chairman joins board of California-based carbon removal company

Thu, 2024-03-28 01:29
A former chairman of the Federal Energy Regulatory Commission (FERC) has joined the board of a Los Angeles-headquartered carbon removal company that specialises in direct air capture (DAC) technology.
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Nordics take lead on CCS, negative emissions as EU debates 2040 climate goal

Thu, 2024-03-28 00:33
Finland and Sweden – the two EU countries with the biggest forest carbon sinks – came up with the most elaborate positions on carbon capture and storage (CCS) as well as negative emission technologies during a ministerial debate on Monday about the EU’s future 2040 climate policy.
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UK oil and gas regulator pushes developers to cut emissions or face possible closure

Thu, 2024-03-28 00:24
The UK's offshore oil and gas regulator is asking developers to boost electrification and cut down on flaring and venting or face potential closure, in an effort to reduce emissions from fossil fuels production while keeping supply secure.
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Registries should lead the charge to scale voluntary carbon market, finds survey

Wed, 2024-03-27 23:52
Registries should address key inhibitors to voluntary carbon market growth, including insufficient price transparency, standardisation, and interoperability, according to stakeholders surveyed by two financial analytics firms.
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UK competition regulator clamps down on greenwashing in fashion sector

Wed, 2024-03-27 23:13
Three high street budget fashion giants have pledged they will change the way they display, describe, and promote their green credentials in the UK amid a clamp down by the competition regulator on greenwashing that will impact the use of carbon offsets across the sector.
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EU businesses and governments look to Mauritania to fulfill their hydrogen ambitions

Wed, 2024-03-27 23:06
EU firms and governments are promoting green hydrogen infrastructure in Mauritania, in a push that could account for most of the bloc’s 2030 target for green hydrogen imports and capitalise on the country's proximity, cheaper production costs, favourable regulatory environment, and vast solar and wind energy potential.
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Euro Markets: Midday Update

Wed, 2024-03-27 22:29
EU carbon prices were little changed at midday along with natural gas, after weekly commitment of traders data showed a fourth consecutive reduction in net short positions held by investment funds.
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UK biodiversity net gain tool for small developers launches

Wed, 2024-03-27 21:51
An online tool to help small developers comply with biodiversity net gain (BNG) laws has launched, ahead of the legislation coming into force for them on Apr. 2.
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