Carbon Pulse

A major tech giant is making its first foray into the world of direct air capture (DAC) by purchasing carbon removal credits from the world’s largest DAC facility and investing in a developer of modular DAC systems.

EUAs were little changed on Tuesday morning amid a relatively narrow trading range as the market geared up for Wednesday's weekly Commitment of Traders data, while natural gas prices also fluctuated as North Sea maintenance was postponed while China re-entered the LNG market to buy winter cargoes.

Two German companies active in the voluntary carbon market (VCM) announced a partnership Tuesday that will enable the customers of a platform to buy credits from a portfolio of carbon removals projects, including via long-term automated purchase agreements. 

Australian oil and gas company Woodside has expanded its cross-border carbon, capture, and storage (CCS) value chain plans through a deal with three Japanese companies.

Wood-based products have the highest biodiversity impacts within the manufacturing sector relative to their output, French consultancy CDC Biodiversite has said.

The European Parliament voted in favour of nearly doubling the share of renewable energy in the EU’s overall energy consumption by 2030 on Tuesday in Strasbourg, after months of infighting over the proposal both on the Parliament and Council of member states side.

A study conducted by a global investment company has found that most large investors are not familiar with the concept of a 'just transition', and those that understand the term have not implemented a plan to integrate it within existing strategies.

A Beijing-based carbon trader and offset project developer has teamed up with a China-focused venture capital firm to launch a clean stove project in Bangladesh, eyeing the growth potential of South Asian carbon markets.

The government of South Korea will hold a public hearing on carbon market regulations on Wednesday, as it seeks to revitalise its emissions trading market by relaxing current KAU carryover rules.

The largest integrated petrochemical company in Russia is considering the possibility of selling carbon offsets generated from its Russian climate projects to the Chinese market, it announced Tuesday, as demand for Russian credits elsewhere is minimal after its invasion of Ukraine.

Carbon leakage is a problem that is still worth worrying about for Australia, and a Carbon Border Adjustment Mechanism (CBAM) is a logical way to address it, an industry expert told a Sydney conference Tuesday.

A daily summary of our news plus bite-sized updates from around the world.

Revisions to California's cap-and-trade allowance budgets over the 2025-30 period must take effect next year in order for the state to account for its free permit allocations to industry and utilities, an official for state regulator ARB said Monday.

An official from the Washington Department of Ecology (ECY) on Monday detailed the department's rationale for releasing millions of more allowances at its forthcoming reserve sale than at the previous auction, and also described the state’s forthcoming measures to prepare for possible linkage with the California-Quebec cap-and-trade market.

The world’s first carbon credits for domestic energy efficiency retrofit are being launched in the UK through a financing mechanism whereby part of the credit proceeds are reinvested into financing power purchase agreements to facilitate household installations of clean energy.

The Policy Advisor, British Columbia provides strategic leadership, technical expertise, and relationship building for Nature United’s engagement with the Government of British Columbia, municipal governments in the Province, and other partners to achieve our 2030 goals for conservation. They report to the Director of Strategic Partnerships and work closely with Nature United’s British Columbia Conservation, Natural Climate Solutions, Indigenous Stewardship Strategy and the Marketing & Communications programs.

Reporting to the Technical Team Deputy Director, the Forest Carbon Lead will be part of CC’s Technical team and will be responsible for overseeing the development of technical aspects of CC’s forest carbon project development and subsequent operation. This position will build and implement the scalable systems and essential protocols that support and deliver the required technical outcomes of a growing, full-service, carbon development company.

Three global business coalitions have released co-produced foundational guidance to lead companies to a “nature-positive” future, as corporate focus on risks and dependencies ramps up.

Zambia has signed an agreement with a Chinese forestry firm to commission the development of nature-based carbon credit projects that will cover more than 4 million hectares of some 5% of the African nation’s landmass.

A Canadian-headquartered carbon project developer wants to pay US$15.5 million for a 20% stake a carbon capture and utilisation (CCU) startup following signing of non-binding agreement.