Carbon Pulse

India is betting on a newly introduced carbon trading framework in the agriculture sector to help it cut large amounts of greenhouse gas emissions, but its track record has been questioned and the structure of the nation’s farming sector means those who might need carbon credit revenue the most could miss out.

A group of companies and organisations with ties to the forestry sector have teamed up to lay the foundations for a Swedish market for voluntary biodiversity credits.

RWE saw emissions from electricity production fall by a large margin last year, due to a slump in ETS-covered coal and gas burn brought on by weak power demand, it said in annual results on Thursday, as the company's CEO also pointed out that additional EUA sales introduced by Brussels were now creating a "downward spiral" for prices in the bloc's carbon market.

A major trading firm in South Korea has decided to deepen its engagement in the voluntary market, with plans to sell carbon credits it earned from a hydropower plant in Indonesia, local media reported Thursday.

One of Japan's largest non-life insurance companies has launched a special product that aims to support the creation of domestically issued carbon credits.

If Australia is serious about cutting emissions and supporting carbon capture and storage (CCS), the government should do more than improve legislation and back industry via an infrastructure build, a Perth energy conference heard this week.

Retail investors want funds and pension plans to take an active role in addressing climate change, according to a survey of 5,000 stakeholders conducted by a climate think tank and a strategy consultancy firm.

A proposal by China that snubs a carbon pricing mechanism to reduce emissions from the shipping sector in favour of a marine fuel standard is emerging as one of the frontrunner options to be discussed at a key UN meeting next week.

Project developer GreenCollar Group, which last year launched its own biodiversity credit scheme, has issued over 50,000 NaturePlus units to one of its own restoration projects, the second batch of units generated under the framework.

The NZU price has slumped to a near six-month low as the market wraps its head around the Climate Change Commission’s (CCC) latest ETS recommendations, while sentiment remains poor.

A report has highlighted the positive influence of climate framework laws on progress towards green goals, focusing on examples in Germany, Ireland, and New Zealand.

California regulator ARB has issued the highest number of compliance-grade offsets thus far this year, yet year-to-date totals continue to lag 2023 issuance, data published by the agency showed.

The right-wing coalition government has announced local councils will no longer have to comply with Significant Natural Areas (SNAs) for three years, as it aims overhaul the country’s Resource Management Act to ramp up project approvals.

Members of a bank-led initiative convened by the UN have overwhelmingly voted to adopt an updated version of guidelines for the setting of climate targets by the sector, extending the scope to include capital markets activities.

Washington state’s Q1 auction settled less than $2 from the scheme’s floor price and about 50% below where the prior sale had cleared, results published Wednesday showed, as growing uncertainty surrounding the future of the state’s nascent cap-and-invest programme deterred buyers.

The update, announced by standards body Verra on Wednesday, would make the improved forest management (IFM) methodology the first to allow generation of both emissions reductions and carbon dioxide removals-labelled voluntary carbon credits.

A world-renowned direct air capture (DAC) developer based in Switzerland announced the opening of its US headquarters in Texas, eying a tripling of its American team by the end of 2024.

Governor Josh Shapiro (D) looks to establish a standalone cap-and-trade programme for the state of Pennsylvania and formally leave the Regional Greenhouse Gas Initiative (RGGI), according to Shapiro’s energy strategy released Wednesday.

The next wave of orphaned oil and gas wells is about to crop up in the US, offering significant potential to generate methane abatement credits.

California Carbon Allowance (CCA) prices plunged early in the day Wednesday, with traders reporting lower stops being triggered and heavy selling ahead of options expiring on Friday.