Carbon Pulse

A new direct air capture (DAC) and sequestration facility is set to open in the US, claiming to capture and store 2 million tonnes of carbon annually and to achieve a tenfold cost reduction for the technology.

A developer of biochar-based carbon removal parks has secured €25 million in growth funding from a French impact investor to further its network across Europe.

The carbon arm of an international commodities trader has partnered with one of Japan's largest gas suppliers to grow their offset portfolios, eyeing nature-based solutions in Asia.

A direct air capture (DAC) startup has partnered with a simulation company for the development of a digital twin, or digital model, of its planned real-world plants.

An insurance provider is entering the carbon insurance market with the launch of a new product to cover both the physical and political risks of buying voluntary carbon credits on a forward basis.

China saw thermal power generation in the first two months of 2024 continue to outpace the growth of total power output amid rosier economic figures, according to the latest government data.

The EU needs to develop a carbon dioxide removal (CDR) strategy and lay out a roadmap for carbon removals deployment from now to 2050 in order to achieve net zero emissions by mid-century, according to a climate non-profit.

A broader definition of blue carbon ecosystems could help fund conservation efforts by unlocking greater carbon credit supply, according to a study released this week.

Indonesia’s national carbon exchange has remained quiet in the first two months of this year, according to newly published data, but market sources believe the exchange will open itself up to international trade later this year.

There has been another step towards low-carbon fuels this week, as two groups signed agreements to develop e-fuels, or synthetic replicas of traditional fossil fuels made with captured CO2 and renewable energy.

Chevron and JX Nippon Gas have signed a non-binding agreement to look at capturing CO2 in Japan and sending it to Australia and other nearby nations for permanent sequestration.

Two CO2 transport and storage bills are making their way through the Illinois legislature as state lawmakers seek to capitalise on CCS opportunities in light of regulatory issues that have recently blocked major projects in North and South Dakota.

RGGI allowance (RGA) prices bolted to fresh all-time highs last week after the scheme’s Q1 auction results cleared at record levels, exhausting the year’s Cost Containment Reserve (CCR) allowances.

Projects from the UN's Kyoto Protocol-era Clean Development Mechanism (CDM) are transitioning to the voluntary carbon market (VCM) in light of stalling Article 6 negotiations, experts have told Carbon Pulse, though some caution that opportunities may only be short term, and units could be a tough sell for some buyers.

The US will have a biomass production capacity of 1 billion tonnes in the future – enough to nearly double its 2050 sustainable aviation fuel (SAF) target, the Department of Energy (DOE) reported.

Scientists developing gene-edited crops with deeper root systems that sequester more CO2 expect the first carbon credits to be generated in the next couple of years from farmers adopting their varieties.

The US Department of Agriculture's (USDA) Forest Service announced Friday that it will provide $145 million to facilitate access to emerging climate markets for smaller and underserved forest landholders.

The EU needs to create a business case for accelerating the rollout of green technologies including renewables, grids, electrification, and carbon capture, according to a report released Monday on how to enhance the bloc’s “crumbling” competitiveness. 

The EU's 27 foreign affairs ministers rubber-stamped two bills on Monday to protect energy markets from manipulation and ensure strategic autonomy to access critical raw materials.

Over-the-counter trade seems to have slowed in the voluntary carbon market and retirement levels have fallen ahead of the much-anticipated announcement at the end of the month of the first methodologies that will qualify for the Core Carbon Principles (CCPs) stamp of high integrity.