Carbon Pulse

One of the oldest project developers and traders in the carbon market is pivoting towards consultancy services and seeking project partners after a drastic drop in carbon credit revenue, Carbon Pulse has learned.

New York is considering policy options to reduce emissions in environmental justice (EJ) communities, including the prohibition of allowance trading for plants situated in Disadvantaged Communities (DACs), government officials told a webinar on Wednesday.

The August California-Quebec current vintage carbon auction settled at its highest point of all time while slightly surpassing secondary market levels, as the advance sale clearing price also achieved a new peak, according to government data published Wednesday.

Older voluntary carbon credit vintages are not a sign of low quality, a leading REDD-focused project developer argued in a white paper published on Wednesday amid growing calls for the market to address its mounting stockpile of ageing units.

 A new government-funded centre in the UK aims to expand the use of artificial intelligence (AI) for industrial decarbonisation, with a focus on how AI can help the energy, manufacturing, agriculture, and buildings sectors operate more efficiently and with lower carbon emissions.

The US government has announced it will spend $2 million over the next three years on a programme to help Mozambique develop nature-based carbon credit projects.

Agreena is seeking an accomplished and forward-thinking individual to take on a key role as the Head of Solution Sales which covers its MRV and Supply Chain services.

Blue Carbon is looking for a Technical Lead, based in Dubai, UAE, to provide expertise to support the development carbon projects in the forest sector.

European carbon allowance prices eased lower on Wednesday morning as they continued to track volatile gas market movements, while exchange data also reported that funds had trimmed their net short positions, and UK Allowances consolidated strong gains made this week.

A new grant-funded programme in the UK will seek to introduce keystone species and enhance marine protections across the country, in line with the country's Global Biodiversity Framework (GBF) targets.

Australia’s Future Energy Exports Cooperative Research Centre (Fenex CRC) has signed with a consortium of Japanese shipping and gas companies to work towards more cost effective shipping of liquefied CO2.

Taiwan plans to push back the timeline for its upcoming carbon levy scheme by a year given the slower-than-expected policy progress, despite rising concerns over the island's climate goals and industry competitiveness, local media has reported.

An alliance of former Pacific national leaders are urging countries in the region to hold off their support on Australia hosting COP31 until it takes stronger action to limit support for fossil fuel projects and subsidies, they announced Wednesday.

Making sure carbon credit sales don't impact a seller country's ability to meet its own targets and setting a fee structure that allows project hosts to make a profit without alienating foreign buyers are among the most important challenges facing developing countries in the implementation of Article 6, according to the Global Green Growth Institute.

A daily summary of our news plus bite-sized updates from around the world.

Emitters in the power sector RGGI carbon market added to their allowance positions in the time between the June auction and end of the second quarter, while traded volumes overall declined during the spring period, according to a report published Tuesday.

Language from Brazilian president Luiz Inacio Lula da Silva's draft emissions trading system proposal was incorporated into an already-existing carbon trading bill in the Senate on Monday, with experts noting some potential tailwinds and challenges for the legislation’s passage.

California electricity sector CO2 output continued to hold at 10-year lows through July as the share of renewables and hydroelectricity increased and imports fell compared to 2022 levels, according to data published Tuesday.

US President Joe Biden's administration on Tuesday announced it will allocate $150 mln in grants to organisations that assist underserved and small acreage landowners in accessing revenue from the sale of carbon credits.

Bolivian biochar producer Exomad Green aims to remove 200,000 tonnes of CO2 a year from next year after gaining certification under the Puro.earth carbon crediting standard, the certifier said on Tuesday.