Carbon Pulse

Australia’s largest iron ore miner has done much to cut its emissions and engaged in forward facing plans to decrease them more but is still not on a Paris-aligned path and must move away from “unscientific” offset reliance, an activist shareholder group said this week.

The Washington state legislature on Tuesday passed a measure to lower the cap-and-trade scheme’s price ceiling for upcoming years and revise the Allowance Price Containment Reserve (APCR) volumes for the second compliance period.

The UK is likely to escalate nature restoration by mandating the offsetting of nature impacts for all corporates, not just developers, potentially within a few years, the co-founder of a nature ratings company has predicted.

Market participants have raised concerns over the way Safeguard Mechanism Credits (SMCs) are being generated, with data released by the Clean Energy Regulator showing they are largely being generated by coal as well as oil and gas facilities.

The Washington state legislature on Tuesday passed a bill to significantly ramp up carbon intensity (CI) reduction targets under the state’s Clean Fuels Programme (WCFS) amid industry calls to increase programme stringency to address an ongoing credit surplus.

Growth in China's thermal power generation continued to decline in March despite an increase in monthly coal output, while renewable energy showed strong growth, according to government data published Wednesday.

As countries submit new national climate plans to the Paris Agreement ahead of a September deadline, Carbon Pulse is keeping track of who’s submitted what, and gauging interest in Article 6 in particular among parties.

Governments that prioritise economic growth consistently implement weaker carbon pricing, according to research published this week that looked at how party ideology influences climate policies.

The introduction of charges on forests in the New Zealand Emissions Trading Scheme could be spurring emissions unit sales, according to a carbon market consultant and trader.

An Australian metals miner has signed a multimillion dollar deal for delivery of another tranche of electric kit as it works to decarbonise diesel-heavy operations in the middle of the desert.

Washington Clean Fuel Standard may have increased the average price of gasoline in the state by “less than a penny” per gallon in 2024, the state’s Department of Ecology said.

Washington’s Clean Fuel Standard (WCFS) cumulative credit bank soared 75% year-over-year (YoY) to 2.9 million at the end of 2024 even as Q4 net credit generation fell to the year’s lowest levels, state data showed.

Canada’s only province with a cap-and-trade system appears to be rethinking its gasoline regulations, as prices otherwise dipped across the country following the elimination of the consumer-facing carbon tax.

A group of Republican state attorneys general filed a brief last week supporting ExxonMobil in an attempt to overturn a ruling made by the US Supreme Court 25 years ago that reified citizens’ and environmentalists’ ability to bring lawsuits against violators of the Clean Air Act.

Snack food manufacturer Mondelez International has been accused of misrepresenting the environmental benefits of its products in the US as a result of “fundamental flaws” in the carbon offset market.

Brazil will present a proposal to integrate carbon markets worldwide when it hosts the COP30 UN climate conference in November, a senior government official said Friday.

Electricity providers in the US Northeast can now pass on potential impacts of the US-Canada trade war to utility customers.

A geoengineering startup conducting atmospheric experiments involving sulfur dioxide (SO2) has drawn the attention of the US EPA, which is now seeking detailed information about the scope and safety of the operation.

The EU’s Carbon Border Adjustment Mechanism (CBAM) is expected to play a pivotal role in setting the pace of the energy transition in the Western Balkans region, an energy research company said in a first market forecasting analysis of the region, published on Tuesday.

Implementing carbon border adjustment mechanisms (CBAMs) without first addressing interoperability could generate trade barriers that impede economic and climate goals, according to a study released this week.