Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 4 min ago
Puro sees record monthly retirements, registers largest durable carbon removals project
Voluntary carbon removals platform Puro has seen a record level of retirements in March, after a large volume were processed from a newly registered, large bioenergy project in the US.
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Swiss developer inks deal with Shell for biochar carbon removals
A Swiss carbon project developer has entered into a 5-year agreement to supply Shell with carbon removal credits generated from a biochar facility in Mexico.
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US SEC approves corporate climate disclosure rules but excludes Scope 3 reporting requirements
The US Securities and Exchange Commission (SEC) on Wednesday approved a series of climate-related financial disclosure rules for certain registered companies, in a highly-anticipated decision that notably excluded the Scope 3 emissions reporting requirements originally proposed.
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Trump presidential win would add 4 bln tonnes to US emissions by 2030 -analysis
A victory for Donald Trump over incumbent Joe Biden at the November presidential elections could add an extra 4 billion tonnes to US emissions by the end of the decade, according to a report released Wednesday.
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INTERVIEW: VCMI to road test flexibility claim with companies, aims to launch by year end
The Voluntary Carbon Markets Integrity Initiative (VCMI) plans to road test its flexibility claim idea with companies over the next seven to eight months, despite it clashing with SBTi rules.
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UK carbon consultancy partners with Salesforce to develop emissions reporting tool
A UK-based carbon consulting firm has partnered with US tech giant Salesforce to develop a carbon reporting and reduction service for corporations, the companies announced on Wednesday.
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EU ban on carbon offsetting claims to start applying in two years
The EU fired the starting gun on Wednesday on a two-year period to implement its new directive on Empowering Consumers in the Green Transition (ECGT), which for the first time bans 'climate neutral' claims based on carbon offsetting schemes.
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Unilever steps up absolute emissions targets across value chain by 2030
Unilever is stepping up efforts to reduce absolute emissions in the 2020s while still growing its business, in an effort to achieve an existing net zero goal across its value chain by 2039, the consumer goods giant announced on Wednesday.
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Exponential biochar carbon removal growth to split in two directions, report finds
Expectations of exponential growth in the biochar carbon removal market will split between a low-cost artisanal approach focusing on smallholder farmers in the Global South and high investment large industrial facilities in the Global North, finds a report.
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EU co-legislators clinch deal on new CO2-saving rules for European airspace
The European Parliament and the Council of EU member states struck a deal on Wednesday to improve the management of the bloc's airspace in a way that is meant to reduce CO2 emissions, after being stuck for more than a decade with EU states.
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FEATURE: SBTi tackles existential question of how to decarbonise oil and gas
The Science Based Targets initiative is quietly pushing ahead with a long-running, contentious process of defining a credible, voluntary net zero pathway for an industry in which decarbonisation is a question of survival: oil and gas.
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Dublin-based coffee group purchases first biodiversity credits in Ireland
A Dublin-based coffee group has purchased a batch of biodiversity credits to support nature enhancement at Ireland's Dunsany Nature Reserve, claimed as the first transaction of its kind in the country and the second in Europe.
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Italian court fails to intervene in civil society’s climate litigation
A court in Rome decided on Wednesday not to intervene in a case presented by the civil society against the Italian state claiming that the country's climate policies are insufficient to achieve its national goals.
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UPDATE – ANALYSIS: UK draft property bill to invite legal clarity for UKA, voluntary credit disputes
Legislation drafted by an independent advisory body at the behest of the British government could lead to revised property rights for holders of UK Allowances and voluntary carbon credits.
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Focus on smaller protected areas for more cost-effective conservation outcomes, study says
A shift in the criteria used to identify protected areas (PAs) could halve the costs of preventing habitat loss and enhance long-term conservation efforts, a study has claimed.
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Euro Markets: Midday Update
European carbon allowances moved higher on Wednesday morning, supported by the fortnightly gap in the auction schedule and continued short-covering by speculative participants, as the weekly Commitment of Traders report showed a modest reduction in investment funds' bearish bets.
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German carbon removals startup raises over €10 mln
A German direct air capture startup has raised €10.5 million to scale its technology and expand its team.
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Research highlights Australia’s rampant deforestation rates
Beef farming expansion in Queensland is driving Australia’s large scale deforestation trend, according to new modelling released Wednesday by NGO Greenpeace.
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South Korea releases 2024 carbon auction schedule
South Korea on Wednesday released its annual KAU schedule, with plans to spontaneously adjust the number of carbon permits offered at government-held auctions for the rest of this year, as the domestic emissions market remains oversupplied.
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Australia Market Roundup: Opposition Coalition sketches nuclear energy policy, ACCU projects revoked
The sites of Australia’s retiring coal-fired power stations would be the home to the country’s nuclear energy industry, according to Coalition Opposition Leader Peter Dutton, as the regulator has revoked four ACCU projects.
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