Carbon Pulse

The spot price in China’s national emissions trading scheme (ETS) pushed above the $80 yuan ($11.11) mark over the past week on a healthier trading volume, as the outlook appears brighter for the future expansion of the carbon market.

The federal government is seeking feedback on the design of its Capacity Investment Scheme, which aims to rapidly boost the deployment of large-scale renewable energy and storage, with 10 GW expected to be put out for tender this year.

A Sydney-based trading house has secured insurance-backing to underwrite certain voluntary carbon credits on its platform.

The UN Development Programme (UNDP) has signed a cooperation agreement with the Voluntary Carbon Market Integrity Initiative (VCMI) to boost developing countries’ participation in carbon markets, they announced Friday.

The Alberta government on Thursday published its 2024-27 provincial budget, largely allocating its forecasted carbon pricing revenues to carbon capture, utilisation, and storage (CCUS), while other emissions reductions projects are set to receive only around a tenth of the funding levels awarded to CCUS.

Saskatchewan's provincial government on Thursday confirmed it would not remit the Canadian federal carbon charge following its refusal to collect the fee from household gas bills, potentially setting up a legal fight with Ottawa over the climate policy.

The US Environmental Protection Agency (EPA) is excluding existing natural gas facilities from its proposed climate rule that aims to curb greenhouse emissions from power plants, significantly reducing the scope of its regulation.

California Carbon Allowances (CCAs) traded through a volatile week following the market's Q1 auction-inspired rally, while Washington Carbon Allowance (WCA) prices continued to recede ahead of next week’s first quarter sale.

A California-based soil carbon startup has partnered with a Brazilian agribusiness company to expand access to carbon financing for farmers and ranchers in Brazil through scaling regenerative agricultural practices, according to a Thursday press release.

Oxford University's Nature-based Solutions Initiative (NbSI) has introduced a new Knowledge Hub to enhance the implementation and scaling up of high-quality nature-based solutions (NBS) across the UK.

International Airlines Group (IAG) has agreed to buy almost a billion litres of sustainable aviation fuel from a California-based producer, bringing the British Airways owner a third of the way to reaching its 2030 SAF goal.

A controversial Senate bill, which reduces local control regarding CO2 pipeline projects, now awaits a final decision by Governor Kristi Noem (R), while two House bills, pertaining to landowners in the crosshairs of pipelines, now await a vote on the Senate floor.

The US Department of Energy (DOE) announced Thursday that it will award up to $30 million to carbon conversion and carbon capture projects, the latest in a series of funding opportunities to flow from the agency in recent months.

Nestle Purina Petcare Europe has invested in a conservation startup that aims to produce voluntary marine biodiversity credits from a pilot by creating ‘oyster reefs’ off the UK coast.

There is a “a significant risk” that Denmark will not meet its 2030 emissions reductions targets, the country's climate change council said in a report on Thursday.

Voluntary carbon removals standard Puro.earth will issue credits under three new methodologies this year and formally apply to have its units approved under the current phase of the UN's CORSIA aviation offsetting scheme, the company’s CEO told Carbon Pulse.

The US federal government has released guidelines to assist public agencies in assessing how their projects, policies, and regulations impact ecosystem services, in a move poised to reshape decision-making at a national level. 

Research from a financial think tank highlights that oil and gas companies still reward executives for expanding fossil fuel production, in spite of commitments to energy transition targets and climate policies.

The operator of the UK’s largest power station has seen its profits jump more than tenfold to reignite criticism of its bioenergy with carbon capture and storage (BECCS) operations.

The developer of a solid sorbent made from plastic waste says its technology captures CO2 from industrial flue gas more cheaply and energy efficiently than commercial offerings currently available, and expects to move from laboratory-scale to an industrial pilot this year.