Carbon Pulse

Introducing an auctioning mechanism can lower the economic costs of China’s emissions trading scheme by at least 30% and reduce distortions associated with pre-existing taxes, a report has found.

The province of Wielkopolska in Poland is officially moving out of its historical fossil fuel dependency, after signing up on Friday to the Powering Past Coal Alliance (PPCA) during a conference focused on “Life After Coal”.

A New York-based bank has partnered with a Singaporean climate-tech company to provide digital decarbonisation solutions through which organisations can offset their emissions by purchasing credits from the bank’s portfolio.

Australia’s biggest project developer has teamed up with a carbon and energy advisory firm via a strategic investment to expand both companies’ services with a focus on the agricultural sector.

One of South Korea’s biggest companies has won its first approval for a methodology designed to generate carbon credits under a recently launched domestic offset standard.

The chemical and surface reflectivity feedbacks associated with forestation efforts could counteract up to a third of those trees’ CO2 removal benefits, according to new research.

Voluntary carbon stakeholders have pressed certifier Verra to work faster on adopting its various new initiatives and make sure they are aligned with parallel work being done to improve the integrity of the market.

California Carbon Allowance (CCA) prices jumped Thursday afternoon following the release of Q1 auction results after having lost momentum over the previous week amidst a dearth of regulatory news post the first quarter sale, while Washington Carbon Allowances (WCAs) saw modest weekly gains on even thinner volumes.

Two French insurance firms are bringing their recent climate pledges into question by providing coverage for numerous US LNG terminals linked to the environmentally contentious production of shale gas, an independent non-profit highlighted in a report Thursday.

A Montevideo-headquartered wood products company announced Thursday the sale of 2.2 million offsets to a London-based global project developer and credit provider.

The February California-Quebec current vintage carbon auction marked the fifth consecutive auction of record high settlement prices, once again clearing at a premium to secondary market prices, according to government data published Thursday.

Canada’s recent C$7 billion injection into its carbon contracts for difference (CCfD) programme, which guarantees a floor price for credits, is too meagre and has failed to assure investors, warns a Canadian climate policy firm.

An emissions monitoring firm announced Thursday demand to outfit several Canadian trucking fleets with its technology ahead of annual federal carbon tax increases in April.

Carbon prices will start to converge in 2024, while the gap between compliance and voluntary credit prices will narrow because more offsets will be included into regulated programmes, according to a report released Thursday.

Europe risks failing to meet its 2050 net zero target until the 2060s unless the bloc invests more in emerging technologies such as hydrogen and carbon capture, according to a new report.

European Commission President Ursula von der Leyen is committed to discussing the bloc's climate objectives with its clean technology companies, she said on Thursday, as the bloc's industry struggles with high energy costs and rising inflation. 

The European Commission aims to outline the key aspects of the carbon removal methodologies for project developers that want to attain the EU’s certification framework approval by the end of this year, a Commission official said on the sidelines of a forum in Brussels on Thursday.

Mapping technology can be a key contributor to scaling up investments in conservation, while recognising the role of Indigenous Peoples in landscapes, an executive of a California-based software company told Carbon Pulse.

The Indian government is currently reviewing Verra’s existing agriculture methodologies and will likely adopt the standard for voluntary projects offsetting emissions from its agriculture sector, a Verra official said Thursday.

A fast growing start-up enhanced rock weathering (ERW) company has made further ground to crack the US farmers market.