Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 46 min 45 sec ago
Indian exchange to roll out trading in the domestic emissions scheme in 2025
One of the three exchanges planning to host trading of carbon allowances under India's emissions trading scheme expects to launch the emissions market in the second quarter of the 2025 financial year after the government finalises regulations, and roll it out across states gradually, local media reported.
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Australian govt suggests offering ACCUs to biomethane producers as a way to incentivise investment
Biomethane producers could earn Australian Carbon Credit Units (ACCUs) as a way to attract finance and investment in decarbonising hard-to-abate sectors, according to a government discussion paper, however cost and lack of current demand could prove challenging.
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NZ minister walks back Significant Natural Areas announcement after deemed unlawful
Just one day after it announced local councils would no longer have to comply with Significant Natural Areas (SNAs) considerations, the New Zealand government has had to retract its announcement after realising it would be unlawful to do so.
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US investor liquidates biodiversity fund
US-headquartered Karner Blue Capital (KBC) has liquidated its biodiversity fund after five years following difficulties in attracting sufficient capital, Carbon Pulse has learned.
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WCI Markets: CCAs rebound from Wednesday price rout, WCAs converge toward Q1 auction low
California Carbon Allowance (CCAs) prices start to recover from an unprecedented wave of selling mid-week ahead of options expiring Friday, while Washington Carbon Allowances (WCAs) lurched another leg lower after the first auction for 2024 settled near the floor price.
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International tribunal dismisses Koch lawsuit over $30 mln loss from cancelled Ontario carbon market
An international tribunal has dismissed Koch Industries' lawsuit challenging the 2018 cancellation of Ontario’s cap-and-trade programme, according to media reports, absolving Canada of the US$30 million loss claimed by the company.
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US DOE calls on private sector to purchase carbon dioxide removal credits
The US Department of Energy (DOE) announced its intent Thursday to foster further private spending on carbon dioxide removal (CDR) credits by connecting suppliers and buyers, alongside creation of a leaderboard of purchases.
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US SEC climate disclosure rule deluged with lawsuits from industry and climate groups
The US Securities and Exchange Commission is already facing legal challenges from all sides less than a week after approving the highly anticipated climate disclosure rules, alleging that the regulations are both inadequate and excessively restrictive.
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US DOE eyes Q2 2025 completion of natural gas supply chain emissions reporting framework
The US Department of Energy (DOE) detailed its timeline for the development of a globally-recognised Measurement, Monitoring, Reporting, and Verification (MMRV) framework for the natural gas supply chain at a webinar Thursday.
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Carbon insurer, biochar producer insure voluntary credits against invalidation
A carbon insurance company offering credits “pre-wrapped” with insurance through several partnerships has teamed up with a biochar producer to offer the world’s first invalidation-insured biochar credits.
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EU bank to invest millions in climate resilience of Rwanda’s farming sector
The international arm of the European Investment Bank, EIB Global, will help farmers in Rwanda face climate change under a financing agreement announced on Thursday as part of the EU Global Gateway initiative.
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Agri SMEs in five EU nations get millions of euros to decarbonise
Small and medium-sized agricultural businesses in five European countries will receive new funds from HeavyFinance, a Lithuania-based financial technology company, to remove 0.376 tonnes of CO2 equivalent per year for every €1,000 invested.
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Heating and cooling decarbonisation key to EU’s post-2030 emission cuts, groups say
The European Commission's climate policies from 2030 need to prioritise the phaseout of fossil fuels and reduction of emissions in the heating and cooling sector, a coalition of industry associations and NGOs said on Thursday.
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English directors could be personally liable for failing to consider nature risks, lawyers say
English and Welsh company board directors could be personally liable for breaching their duties by failing to consider relevant nature-related risks, leading to employment termination with financial consequences, lawyers said on Wednesday.
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Switzerland’s biggest asset managers support business activities harmful to nature, Greenpeace says
Some of the largest asset managers with operating in Switzerland including BlackRock have failed to take action against companies whose business activities lead to biodiversity loss while worsening the climate crisis, a Greenpeace Switzerland report has said.
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Shell cuts carbon target but likely to boost voluntary credit buying
Shell has watered down its net carbon intensity targets after warning the pace of the green revolution is wavering, but the oil and gas major is still likely to boost its voluntary credit buying.
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Researchers develop method to measure carbon stored in bogs, may support wider peatland restoration efforts
A group of researchers in Singapore have developed a methodology to measure carbon stored in bogs using satellite data, which may serve as a foundation for successful restoration of damaged peatlands, they said Thursday.
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INTERVIEW: Carbon royalties for state, market exposure for communities would help Article 6 succeed -developer
Allowing governments access to a portion of the credits from carbon projects they host, and giving communities greater exposure to markets, would help Article 6 to get off the ground, according to a project developer.
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Euro Markets: Midday Update
European carbon prices stalled on Thursday morning amid a wider decline in volatility, with the benchmark moving in their narrowest range for a month on robust volume as traders awaited new developments.
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Unilever, NatureMetrics partner to monitor biodiversity in regenerative agriculture projects
Global conglomerate Unilever has partnered with UK nature intelligence firm NatureMetrics to harness environmental DNA (eDNA) technologies in a bid to drive regenerative farming practices across its supply chain.
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