Carbon Pulse

A carbon-negative investment platform is issuing a biochar carbon token that "cannot be corrupted by greenwashing", using blockchain-based trading technology, it announced on Tuesday.

Many countries are not including sustainability in consumer protection laws, an action regarded as a critical way of hastening the implementation of the GBF, a UN Conference on Trade and Development (UNCTAD) officer said Tuesday.

Two prominent climate policy experts have taken issue with criticisms that the EU’s Carbon Removal Certification Framework risks leading to double counting towards UN climate targets, saying this is “an essential feature rather than a bug”.

A London-headquartered carbon insurance company has unveiled the expansion of its offering to covered voluntary enhanced rock weathering (ERW) projects.

The Science Based Targets initiative (SBTi) will not bow to pressure and validate the use of voluntary carbon credits to help a company achieve its emission targets, the body confirmed to Carbon Pulse Tuesday.

The building industry would benefit from a clearer definition of net zero and regulation requiring it to measure and track the whole-life carbon emissions of building projects, according to an industry consultant, who also acknowledged that the sector will need voluntary carbon credits to offset its residual emissions.

The Labour party in the UK wants to make the Environmental Land Management (ELM) scheme easier to manage for land owners while better understanding its impacts, according to a minister.

LEGO Group has signed a nine-year deal with a direct air capture technology developer to permanently remove CO2, the companies announced on Tuesday.

EU carbon prices were slightly weaker at midday on Tuesday after strong early gains were followed by renewed selling, while energy prices eased back after the previous session's sharp gains, which one analyst called "exaggerated".

A last-minute failure to green-light the so-called Nature Restoration Law will leave the European Union "empty-handed" at the upcoming UN summit on biodiversity, EU commissioner for Environment Virginijus Sinkevicius said during a bitter speech on Monday.

Concerns about social acceptance, industrial policy, and finance came to the fore on Monday as the EU’s 27 environment ministers debated the bloc’s 2040 climate target.

A German-based research network has released a set of recommendations to enhance conservation efforts, ranging from transforming food systems to improving monitoring, in an attempt to better inform nature policies at a national and European level.

A Japanese information services provider has launched an AI-powered solution for data acquisition, which can quantify and simulate changes in the marine environment to support blue carbon and biodiversity initiatives. 

China’s second-largest oil and gas company and French oiler TotalEnergies plan to develop sustainable aviation fuel (SAF) at an existing Chinese oil refinery.

Japan’s Jera plans to buy into a giant US hydrogen project that would supply it with 500,000 tonnes of green ammonia per year, it said Tuesday.

Indonesia’s state-owned energy company Pertamina will lobby the country’s Financial Services Authority (OJK) to allow more energy efficiency projects on the country’s national carbon exchange, a representative told local media.

Treating voluntary carbon credits as intangible property rather than a commodity can provide the clear commercial basis participants need to confidently make transactions and manage risk in the market, according to a a legal paper released Tuesday by a Singaporean investment platform.

A New Zealand start-up focussing on decarbonising concrete has secured NZ$6.5 million ($4mln) in seed funding that will go towards scaling up its business, it announced.

RGGI allowance (RGA) prices continued to soar past last week's peaks amid heightened market strength, fuelled by the outcome of the first auction of the year and expectations surrounding the ongoing programme review.

The Canada Growth Fund (CGF), a federal investment vehicle, allocated C$50 million ($36.8 mln) towards a Montreal-based investment firm backing clean tech companies, the federal government announced Monday.