Carbon Pulse

The European Parliament voted in favour of nearly doubling the share of renewable energy in the EU’s overall energy consumption by 2030 on Tuesday in Strasbourg, after months of infighting over the proposal both on the Parliament and Council of member states side.

A study conducted by a global investment company has found that most large investors are not familiar with the concept of a 'just transition', and those that understand the term have not implemented a plan to integrate it within existing strategies.

A Beijing-based carbon trader and offset project developer has teamed up with a China-focused venture capital firm to launch a clean stove project in Bangladesh, eyeing the growth potential of South Asian carbon markets.

The government of South Korea will hold a public hearing on carbon market regulations on Wednesday, as it seeks to revitalise its emissions trading market by relaxing current KAU carryover rules.

The largest integrated petrochemical company in Russia is considering the possibility of selling carbon offsets generated from its Russian climate projects to the Chinese market, it announced Tuesday, as demand for Russian credits elsewhere is minimal after its invasion of Ukraine.

Carbon leakage is a problem that is still worth worrying about for Australia, and a Carbon Border Adjustment Mechanism (CBAM) is a logical way to address it, an industry expert told a Sydney conference Tuesday.

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

Revisions to California's cap-and-trade allowance budgets over the 2025-30 period must take effect next year in order for the state to account for its free permit allocations to industry and utilities, an official for state regulator ARB said Monday.

An official from the Washington Department of Ecology (ECY) on Monday detailed the department's rationale for releasing millions of more allowances at its forthcoming reserve sale than at the previous auction, and also described the state’s forthcoming measures to prepare for possible linkage with the California-Quebec cap-and-trade market.

The world’s first carbon credits for domestic energy efficiency retrofit are being launched in the UK through a financing mechanism whereby part of the credit proceeds are reinvested into financing power purchase agreements to facilitate household installations of clean energy.

The Policy Advisor, British Columbia provides strategic leadership, technical expertise, and relationship building for Nature United’s engagement with the Government of British Columbia, municipal governments in the Province, and other partners to achieve our 2030 goals for conservation. They report to the Director of Strategic Partnerships and work closely with Nature United’s British Columbia Conservation, Natural Climate Solutions, Indigenous Stewardship Strategy and the Marketing & Communications programs.

Reporting to the Technical Team Deputy Director, the Forest Carbon Lead will be part of CC’s Technical team and will be responsible for overseeing the development of technical aspects of CC’s forest carbon project development and subsequent operation. This position will build and implement the scalable systems and essential protocols that support and deliver the required technical outcomes of a growing, full-service, carbon development company.

Three global business coalitions have released co-produced foundational guidance to lead companies to a “nature-positive” future, as corporate focus on risks and dependencies ramps up.

Zambia has signed an agreement with a Chinese forestry firm to commission the development of nature-based carbon credit projects that will cover more than 4 million hectares of some 5% of the African nation’s landmass.

A Canadian-headquartered carbon project developer wants to pay US$15.5 million for a 20% stake a carbon capture and utilisation (CCU) startup following signing of non-binding agreement.

California Low Carbon Fuel Standard (LCFS) credit values jumped on Monday morning after state regulator ARB published its plans to strengthen the environmental performance of the transportation sector climate programme, though some market participants are unsure about how bullish the proposed changes really are.

RGGI Allowance (RGA) values reached new year-to-date highs through a US holiday-shortened and auction week prefiguring the next Program Review Meeting scheduled later in the month.

A new blockchain-based platform from a Chicago-headquartered financial firm has completed processing its first fully automated transaction of carbon credits, according to a press release on Monday.

Carbon credit standards body Verra is eliminating the use of 10 VCS methodologies, including a deforestation and low-flow water project type, due to lack of use in the past five years, and is instituting a review of all their methodologies every five years.

The EU is set to take its final step in approving a revised more ambitious renewable energy legislation as the bill faces a full EU Parliament vote on Tuesday, with most parties likely to vote in favour.