Carbon Pulse

Fourth quarter emissions under the Massachusetts Global Warming Solutions Act (GWSA) reached a five-year high in 2023, although total annual emissions still ended at their lowest levels since 2020, according to data updated this week.

The Washington Department of Ecology (ECY) released rates on Thursday for proposed 2024 fees charged to Clean Fuels Standard (CFS) programme participants, a marked shift from the fee structure last year, as well as updates to utility-specific carbon intensity (CI) values.

Credit issuance can resume to the two Kasigau Corridor REDD avoided deforestation projects in Kenya after Verra completed a review of allegations of sexual offences by staff and improper employment practices.

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A US-based direct air capture (DAC) technology developer has introduced a smaller version of its containerised system for removing CO2 from the atmosphere.

Right-wing politics in Germany poses a threat to nature conservation, as well as all areas of life in the country, a minister has said.

The EU’s 27 leaders managed to agree on the bloc's budget for the next four years on Thursday, with funding secured for Ukraine and migration but no fresh financing for net zero industry.

Experts expressed split views on when remote sensing technology should be deployed for monitoring, reporting, and verification (MRV) purposes of carbon projects, speaking during a webinar Thursday.

A US-based environmental NGO has released an introductory handbook to provide guidance on carbon credits that are developed using natural climate solutions (NCS).

Including land-based carbon removals in the EU ETS may not be a good idea, but credible industrial carbon removals should be incorporated post-2030 to deal with residual emissions from hard-to-abate industries, according to the chair of the scientific board advising the EU on climate change.

CDC Biodiversite has added an overfishing module to its Global Biodiversity Score (GBS) methodology in its first step to integrating marine biodiversity.

Regional and international disclosure frameworks should enhance cooperation to minimise the risk of "biodiversity leakage", a German Ministry of Finance official has warned.

Voluntary carbon certification body, Gold Standard, has launched a new emissions reduction methodology to credit projects that implement shore-side or offshore electricity supply for ships, adapted from a Clean Development Mechanism version, it said in a quarterly update.

A joint initiative between an American credit developer and a Chilean processing facility for ozone-depleting substances (ODS) has sent refrigerant gases to France for destruction, anticipating issuance of high-priced carbon credits in a category that could receive an expedited high-integrity stamp from the Integrity Council for Voluntary Carbon Markets (ICVCM).

The newly appointed secretary general of the International Maritime Organisation is increasingly confident that an agreement will be reached on the technical measures and pricing mechanism to implement under its GHG strategy, a press briefing heard today.

European farmers protested in Brussels for the third day in a row on Thursday calling for a redistribution of the budget, with climate and sustainability policy also a strong driver behind the backlash, as EU leaders headed to the city for a special economy-focused summit.

A climate disclosure platform has announced a Series C funding round worth $100 million, as it seeks to expand a tool to help corporates manage their emissions data.

Retirements of carbon credits from the four largest voluntary carbon registries topped 20 million and outstripped issuances in January, although momentum slowed from the surprisingly high level of retirements in December, data from the Carbon Pulse VCM Portal shows.

Canadian regulators have authorised the use of a feed ingredient proven to reduce cattle methane emissions by around a third, bringing Canadian farmers a step closer to being able to generate and sell carbon offsets by incorporating the additive into their practices.

European carbon prices slumped back towards key psychological and technical support levels after the weakest auction interest in ten months led to the largest discount of the year so far, while natural gas prices snapped a four-day winning streak with mild weather is set to continue.