Carbon Pulse

In Colorado, a House bill lays the groundwork for a cap-and-trade programme to be implemented as early as this year, while two Senate bills target emissions reductions from the oil and gas industry.

Taiwan’s stock and carbon exchanges signed Memorandums of Understanding (MoU) with their market counterparts in the African kingdom of Eswatini, aiming to link the two nation’s carbon markets, they announced Tuesday.

Washington’s first carbon permit auction for 2024 holds little incentive for participation from speculators, they said, given the uncertainty from a voter initiative that seeks to unravel the state's cap-and-invest programme.

The head of North American environmental products at a European utility has left to join a Canadian power and gas trading firm.

A group of Connecticut legislators have introduced a bill designed to address climate change across multiple sectors, calling for the raising of emissions reductions targets, the inclusion of carbon sequestration in state mitigation strategies, and the promotion of nature-based solutions, amongst other measures.

A suite of New Hampshire bills are targetting lost tax revenues in the generation of voluntary carbon credits on forest lands in-state.

The outlook for heat pumps in the EU has received a boost in the past week, with new studies finding that high-temperature heat pumps can be used in un-renovated buildings, and that the bloc could hit and exceed its target to install 30 million heat pumps by 2030 with the right policy and support.

Three South Dakota carbon pipeline bills face reconciliation between House and Senate amendments before they may become law.

Executives are being pressed by an impending wave of environmental, social, and governance (ESG) regulations, while institutional investors remain resolute on the importance of ESG data in the face of recent controversy, with both embracing integrated reporting, according to a report published Tuesday.

Countries submitting a complaint to the WTO over the EU’s carbon border adjustment mechanism may have to wait years for any kind of decision, and even then it is unlikely to lead to any dismantling, trade experts have told Carbon Pulse.

Industry stakeholders have described Germany's policy proposal to establish a 2060 target for achieving net-negative GHGs as a "significant milestone" for the carbon removals space and international climate action.

Europe's biggest public sector pension fund has disclosed plans to invest €1 billion in biodiversity by 2030, while tightening the environmental investment criteria of its portfolio.

Global models under-estimate avoided CO2 emissions from mangrove conservation in Brazil but over-estimate their soil organic carbon (SOC) density due to limited reliance on field data, according to a peer-reviewed study published this week.

The European solar industry is in for a reshuffle – and potential delays in meeting EU targets – after legislators agreed on Tuesday to ban products made from forced labour, which is slated to disrupt supplies coming from China.

Some $645 million has been raised across private equity and venture capital funds by London-based sustainable food and agriculture investment firm Cibus Capital.

Denmark’s largest airport has invested in a new portfolio of carbon removal projects as it steps up its target to be emissions free by 2030, it was announced Tuesday.

Blue Carbon, a Dubai-based carbon project developer aiming to participate in Article 6 markets, has issued a request for proposals (RFP) to obtain support for design and monitoring across its portfolio.

European carbon soared as much as 7.7% on Tuesday morning as a squeeze triggered by a rally in natural gas prices extended for a second day, forcing short-positioned traders to buy back in the futures market, while the approaching expiry of the March options contract also encouraged covering.

Creating integrated value chains across offshore wind, green hydrogen, and carbon capture and storage (CCS) in industrial heartlands is key to achieving higher returns and counteracting the impact of an inflationary environment, said an oil major executive speaking at a conference today.

A German renewable hydrogen maker has secured over €500 million to advance its green hydrogen development, from major backers including the European Investment Bank and Amazon Climate Pledge Fund, it announced on Tuesday.