Carbon Pulse

Flax-based materials that can reduce a vehicle’s weight and CO2 footprint are increasingly in demand among automakers looking to meet their decarbonisation goals and get ahead of the EU’s proposed end-of-life vehicles (ELV) regulation.

A $50-million fund to protect Egypt's coral reef has been launched this week under the Egyptian Red Sea Initiative, a newly established programme supported by the US Agency for International Development (USAID) and the UN-backed Global Fund for Coral Reefs (GFCR).

European carbon edged higher on Thursday morning as the market looked to end a three-day losing streak, with prices tracking firmer natural gas despite a downturn in liquidity as the holiday season approached its peak.

Beyond federal governments and supranational organisations, regional and city administrations can play a huge role in scaling up carbon dioxide removals (CDR) solutions, according to a report published Thursday.

Indian steelmakers will likely have to bear costs three times higher than that of their Chinese counterparts under the EU’s carbon border adjustment mechanism (CBAM) if no effective domestic carbon price is implemented by 2030, a webinar heard Thursday.

Stimulating demand for nature-related projects is a key part of a programme for making English nature projects more investable, a financial advisory company has said.

A US-based asset manager has announced the launch of a global fund to channel investments towards sustainable food, planning to reach 80% of companies in the portfolio committed to improving biodiversity.

BP has raised its oil and gas demand forecasts in a closely followed annual outlook, though still expects global CO2 emissions to peak over the next few years, with 7 billion tonnes of carbon capture needed by 2050 for the world to hit net zero.

The Global Reporting Initiative (GRI) has launched an initiative to steer companies in aligning disclosures under its framework with the European Sustainability Reporting Standards (ESRS).

An Australian senate committee looking into a carbon capture and storage (CCS) project has recommended state and territory governments ban similar developments in order to protect the Great Artesian Basin (GAB).  

Lifecycle greenhouse gas emissions from plastics will more than double by 2060 under a business-as-usual (BAU) scenario, with fossil fuel-based production continuing to dominate, according to a statement by 70 financial institutions calling on petrochemical companies to transition to more sustainable alternatives.

Carbon standard Verra has put the call out for verifiers to review its draft methodology for accrediting early coal-fired power station closures, it announced Thursday.

Stakeholders questioned the possibility of earlier cuts to cap-and-trade allowance budgets prior to finalising rules, as ARB staff discussed the “complicated” status of 2025 allocations with implementation of ETS changes delayed to 2026, during the agency’s pre-rulemaking workshop on Wednesday.

An oil and gas producer has entered into a strategic partnership valued at up to C$2 billion ($1.47 bln) with the Canada Growth Fund (CGF) to develop carbon capture and sequestration (CCS) infrastructure across its steam-assisted gravity drainage (SAGD) oil sands facilities in Saskatchewan and Alberta.

China's steel industry has the potential to lower its CO2 emissions by as much as the entire annual EU steel sector emissions from the 2020 peak by reducing steel output and raising the share of low-carbon production in the next two years, a report has found.

California regulator the ARB sped up its issuance of compliance-eligible offsets, narrowing the year-on-year gap of issuance thus far in 2024, agency data released Wednesday showed.

Coffee farmers in Puerto Rico have received inaugural incentive payments from a mitigation programme funded by the US Department of Agriculture (USDA), with the eventual aim of producing certified carbon credits for the voluntary carbon market (VCM).

A Dutch research centre has partnered with a UK-based carbon removal company and a rewilding project developer to offset employees' travel emissions, in what companies define as a 'first-of-a-kind' purchase of carbon credits from a biodiversity-focused project.

Startups tackling energy transition and climate themes attracted almost 20% of the $29.3 billion in venture capital investment raised so far this year in Europe, up 12% year-on-year.

California’s Low Carbon Fuel Standard (LCFS) falls short in accounting for secondary effects, economists at the University of California said in a report Tuesday, as the recent boom in renewable diesel (RD) production has led to global agricultural land-use change not fully accounted for in the programme.