Carbon Pulse

Innovative solutions, a focus on quality, and local investments and partnerships could improve Canada’s ambitious 2 Billion Trees programme that was found falling well short of its targets and 2031 forecast goals at its first audit, experts told Carbon Pulse.

The UAE has revised its Paris Agreement emissions pledge, with the host of the upcoming COP28 UN climate summit setting an absolute GHG cut goal for the first time while flagging plans for an emissions trading mechanism.

Certifier Gold Standard has paused issuances of carbon credits from projects based in Zimbabwe until it learns more about the government’s plans to take revenue from such activity.

Legal attempts to block Virginia’s planned exit from the RGGI cap-and-trade system may be filed on the same day that Governor Glenn Youngkin’s (R) repeal regulation will be published in the state registrar, an environmental lawyer told Carbon Pulse on Tuesday.

The European Parliament's position on the highly contested nature restoration bill remained in the balance on the eve of a crunch vote on Tuesday, with efforts to craft a compromise struggling to gain traction.

A coalition of large cargo owners, including the world’s largest online retailer Amazon, announced it is pooling demand to request zero-emission shipping services by 2025, it said in a statement on Tuesday.

Auction volumes offered at RGGI’s Q3 auction will decrease slightly after last quarter's uptick, the power sector cap-and-trade scheme’s notice showed Tuesday.

The EU’s executive arm is aiming to make the transport of goods more efficient and sustainable via a new proposal it announced on Tuesday, despite a number of the bloc's leaders and parliamentarians calling for a pause in green legislation.

Academics have proposed implementing a global carbon tax whereby different goods and services are subjected to varying levels of pricing according to their considered necessity for basic human life, with luxury services to receive a higher levy than food and heating energy use.

A Canadian carbon removals company has secured $80 million in new investment.

Sustained weak industrial demand in the EU is to keep the bloc's compliance carbon prices under pressure during H2 as bearish fundamentals could push EUAs towards "fair value" in the €80-85 range, analysts said in a report published Tuesday.

Carbon credit exchange operator ACX has teamed up with Colombia-based registry EcoRegistry and certifier Cercarbono for the development of the voluntary carbon market, with the aim of facilitating trades and further expanding its supply base.

Companies, financiers, and philanthropists announced a collective $2 billion in investments in energy transition, climate resilience, and nature-based solutions projects in emerging markets at a joint US-UK gathering this week.

European carbon prices rallied after the daily auction on Tuesday as traders strove to keep prices within reach of a key technical level, while energy markets were mixed as fundamentals continue to look weak.

Japan is considering the introduction of more measures to popularise the use of hydrogen in mobility, with relevant policies set to be launched by the end of this year, according to a work-in-progress report released Tuesday by a government ministry.

An international consortium developing a massive green hydrogen project in Australia signed an agreement with a Korean power company Tuesday, however the project’s incremental progress highlights the risks that the country is falling behind on its green energy superpower ambitions.

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

US forest may not be adapting quickly enough to the emerging threats posed by climate change, according to a new study.

A European carbon analyst has left S&P Global to join an airlines group.

RGGI Allowance prices flatlined this week on the lowest volume recorded in years amid the US Independence Day stretch, even as a heat wave engulfed the region and Virginia readied its hotly-contested regulatory withdrawal from the bloc for publication this month.