Carbon Pulse

Fossil fuel-producing Alberta cannot meet its net zero goals without carbon capture, utilisation, and storage (CCUS), but project proponents face uncertainty that can be remedied if the province helped cement a price for CO2, said the former Alberta minister of energy in a webinar Thursday.

The US Department of Energy (DOE) should simplify its funding opportunities to focus on innovation, facilitate interagency cooperation on permitting, and adjust its structures to better achieve agency goals, according to a report published Thursday.

The Washington state Department of Ecology (ECY) is seeking feedback on proposed changes to the Clean Fuel Standard (CFS) that look to incentivise sustainable aviation fuel (SAF) production and improve the scheme’s reporting framework.

EU aircraft operators covered by the UN's CORSIA offsetting scheme emitted 105 million tonnes of CO2 in 2022, according to European Commission data released late Friday, figures that will shed some light on carriers' demand for carbon credits.

Heating fuel distributors and power generators have voiced concerns about the shift to electrification under a Connecticut bill proposing statewide carbon neutrality by 2050, while some stakeholders support the proposal's economic benefits in cross-border trade.

An oil-rich state in Nigeria has signed a memorandum of understanding (MoU) with a UK investor, granting it permission to restore thousands of mangroves to generate an estimated 5 million voluntary carbon credits per year.

Questions around the role of the voluntary carbon market (VCM) and legislative complications continue to delay a landmark law establishing a national cap-and-trade system in Brazil, potentially endangering President Lula’s push for passage in the first half of 2024.

A Canada-based offset project developer it buying a London-based carbon trading platform.

A charge imposed on ride-hailing customers in Southeast Asia to mitigate the climate impact of their travel is backed by dodgy voluntary carbon credits and subjects the company to potential claims of greenwashing, according to an investigation by a local non-profit.

The UK government has announced a water credit pilot in Cambridge through retrofitting water-efficient devices, such as tap aerators, into buildings at a cost of up to £4.5 million ($5.8 mln) to enable the development of thousands of houses.

The UN’s Green Climate Fund (GCF) has approved $489.8 million of funding across 11 climate projects in developing countries this week, which will total $1.26 billion with co-financing.

Degraded coral reefs can recover at an "incredible" pace, growing at the same speed as healthy ones that have not been restored after just four years of management, although they tend to be poorer in biodiversity, a research has found.

A multinational commodity distributor has teamed up with a regenerative farming specialist to help scale its carbon emissions measurement programme and reach more producers in Argentina, it announced Friday.

ICE Endex is to launch a new "mini" EU Allowance futures contract in an effort to capture demand from shippers and smaller emitters in the ETS, and possibly even retail investors keen to gain exposure to the carbon market as supply tightens significantly towards 2030.

The European Union’s €17.5 billion Just Transition Fund, launched alongside the Green Deal to support regions most affected by the transition to climate neutrality, is currently in the doldrums with only 2% of payments made so far, a senior official has revealed, underscoring the bloc's struggle to deal with the social aspects of the green transition.

Government decision-making methods have fallen short of assessing the actual monetary value of ecosystem services by up to 180%, a study has shown.

A Dutch nature-based solutions developer plans to launch a biodiversity credit pilot in Australia by the end of September.

A Brazilian state is working to enable access to the carbon market for smallholder farmers by rewarding them for protecting the Amazon and setting up an intermediary agency to facilitate access to offset buyers.

Gaps in nature data are narrowing as technologies enable companies in extractive sectors to scale up ecosystem monitoring, say experts from data company NatureMetrics.

European carbon permit prices fluctuated either side of unchanged on Friday morning, reflecting fatigue and a lack of direction among traders, after a week of volatility in both directions that has generated the widest five-day trading range in two months.