Carbon Pulse

New Zealand’s Climate Change Commission launched a consultation on Monday to assess the country’s emissions budgets, saying key circumstances had changed that could mean the target should be bolstered.

An Indian renewable energy company has signed an agreement with a major farmers’ cooperative for the production of ammonia through renewable sources and is ready to provide credits to be generated in the international market.

Voluntary nature credit suppliers are exploring strategies to spur companies' appetite for units, including streamlining purchases and organising awareness-raising events, as players in the carbon space do not yet have the confidence to foray into the market.

The Clean Energy Regulator (CER) is taking a trading company and its former director to the Federal Court for allowing unauthorised persons access to its emissions registry unit (ANREU) account, it announced Monday.

The New Zealand government's independent review of the country's methane science and targets has been criticised by the Green Party, pointing out it is duplicating work already being carried out by the Climate Change Commission (CCC). 

Companies should quickly establish and deploy nature positive aligned strategies, according to a global advisory firm and an NGO that on Monday released a step-by-step guide for doing so, in order to contribute to global conservation targets.

A Colorado-based carbon capture firm this week announced investment from a US oil major and investment firm to help deploy its CCS technology in hard-to-abate sectors.

An Africa-focused carbon project developer is hunting for a new CEO as its current chief executive transitions to two different, concurrent roles.

A proposed biomass and carbon capture project in California's Central Valley has been halted following the withdrawal of its federal and local permits after discrepancies were identified by the US Environmental Protection Agency (EPA).

Manitoba's provincial government on Thursday proposed a regulatory framework for underground storage of CO2 that details necessary permits, licensing, and ownership related to carbon capture, utilisation, and storage (CCUS) projects.

The WCI compliance instrument surplus continued to build in Q1 as the market entered the final year of the fourth trading period, government data published Thursday showed.

Emitters are favouring longer-dated California Carbon Allowances (CCA) while speculators widened their net length with V24 CCA additions, though both groups reduced their exposure in RGGI and Washington carbon markets, according to data published Friday by the US Commodities Futures Trading Commission (CFTC).

A Germany-headquartered climate tech company, focused on durable carbon removals, has signed partnership with a developer of direct air capture (DAC) projects based in Kenya to provide digital monitoring, reporting, and verification (dMRV) to one of its projects.

Carbon is slowly becoming an underlying unit of value in climate-related calculations across several sectors, prompting finance-based legal and regulatory frameworks to face new challenges and adapt,  experts told Carbon Pulse.

Corporate ambition to report on supply chain emissions will remain robust despite the notable exclusion of Scope 3 reporting requirements in the US Securities and Exchange Commission’s (SEC) climate-related financial disclosure rules, according to an agricultural consultancy.

A carbon insetting programme for zero-emission shipping has been launched by a consortium of maritime organisations aiming to draw up methodologies for greener ships.

The US Securities and Exchange Commission (SEC) issued a stay on Thursday of its contested climate disclosure rules to avoid potential regulatory uncertainty, but vowed to defend the validity of the measures in ongoing litigation.

A joint venture under the Indian government has for the first time issued a tender to sell voluntary carbon credits issued by Verra (VCUs), but only to domestic buyers.

Argentina’s new government is pursuing voluntary and compliance carbon markets by any means possible, but other Latin American countries are struggling to operationalise adequate legal and technical infrastructure, according to regional experts on a webinar.

The trade of voluntary carbon credits and financial products linked to the current phase of the CORSIA international aviation offsetting scheme is expected to remain low in volume due to perceptions that the market is not yet ready to scale, according to a panel of industry experts.