Carbon Pulse

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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 32 min ago

Italy’s renewables are rising as Russian gas imports decline -report

Mon, 2024-06-10 23:34
Italy halved the share of Russian imports in its gas mix between 2021 and 2022 and is on track to boost the share of renewables to more than two-thirds of its power output, according to research published on Monday.
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NGOs outline principles to improve JETP design ahead of G7 summit

Mon, 2024-06-10 23:29
A coalition of civil society groups have outlined a series of principles which they say will ensure a fair Just Energy Transition Partnership (JETP) design, ahead of the G7 leaders summit this week.
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Coal power hits all-time low in Poland and Greece, new data shows

Mon, 2024-06-10 23:06
Electricity generation from coal fell to record lows in Poland and Greece, according to data released on Monday, as both countries ramped up renewable power generation to meet climate goals.
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Green Deal comes out unscathed from EU election, experts say

Mon, 2024-06-10 22:33
Contrary to five years ago, the 2024 election to the European Parliament was not a "climate vote" enjoying broad popular support. Yet, the Green Deal is still seen as a central element of any majority that will emerge in Parliament after the election, experts say.
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Euro Markets: Midday Update

Mon, 2024-06-10 21:50
European carbon prices fell steadily on Monday morning as the market reacted to last week's EU Parliamentary elections, in which right-wing parties made strong gains and the greens suffered losses, casting doubt over the prospects for future EU climate legislation.
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BRIEFING: What to expect on climate policy after the European elections

Mon, 2024-06-10 21:34
The European Parliament has a politically charged agenda for the next five years as the EU prepares to adopt its 2040 climate goal, implement its controversial CO2 border tax, and deal with the social consequences of extending carbon pricing to road transport and heating fuels, among other climate policy objectives.
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Indian state-owned firm invites bids for supply of 500 kt/year carbon credit-eligible green ammonia

Mon, 2024-06-10 21:33
Under India’s National Green Hydrogen Mission, a state-owned company has invited bids from potential suppliers of over half a million tonnes of green ammonia annually that will be eligible to earn Article 6-aligned carbon credits.
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Orsted consults on net-positive biodiversity framework for renewables

Mon, 2024-06-10 20:44
An eight-step framework to help renewable companies measure action towards becoming 'net-positive for biodiversity' on land and sea is open for feedback from Orsted, the largest wind farm developer in the world.
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UK parties under pressure to strengthen climate policies in election campaigns

Mon, 2024-06-10 20:00
The UK's next government is under pressure to strengthen the country's climate policies, with hundreds of experts calling for faster emission reductions and the head of one of the country's biggest energy companies calling to tackle administrative burdens to the transition.
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Malaysian state solicits World Bank support for carbon trading

Mon, 2024-06-10 18:05
A state government in Malaysia has sought assistance from the World Bank to evaluate carbon trading principles used in the international carbon trade.
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INTERVIEW: UN biodiversity chief cautions over voluntary credits, says private sector vital but “won’t rescue us”

Mon, 2024-06-10 17:44
Global strategies to bridge the funding gap on nature should not pin too much hope on private financing, the UN biodiversity chief told Carbon Pulse, cautioning over the use of voluntary biodiversity credits across jurisdictions.
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Former Viridios head joins advisory firm as carbon markets director

Mon, 2024-06-10 17:06
A former head at fintech company Viridios in Australia has joined an engineering advisory firm as carbon markets director, they announced Monday.
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Engineering consultancy picks six startups for CDR accelerator programme

Mon, 2024-06-10 15:37
A global engineering and construction consultancy has selected six startups for its carbon removals (CDR) accelerator programme.
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ANU experts trash governments draft landfill gas ACCU method options

Mon, 2024-06-10 15:25
A group of experts have raised concerns with the reform options put forward by the government to overhaul Australia’s landfill gas method, describing them as deeply flawed and politically motivated.
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Study reveals increased human and natural disturbances in Europe’s forests

Mon, 2024-06-10 15:20
Both human-induced and natural disturbances in Europe's forests have significantly increased since the late 20th century, a study has found, revealing a complex interplay that might influence future forest management and policy decisions.
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Global insurance broker launches carbon credit protection offering

Mon, 2024-06-10 15:06
A global insurance broker has introduced an new insurance solutions service to help clients navigate the complexities of decarbonisation initiatives, offering protection against buying carbon credits.
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Australia’s AgriProve issued 9,000 ACCUs from soil carbon projects

Mon, 2024-06-10 12:22
Soil carbon developer AgriProve has been issued over 9,000 Australian Carbon Credit Units (ACCUs), generated at two of its projects in Queensland.
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Conglomerate, developer to offer insurance for forestry-based J-Credits

Mon, 2024-06-10 12:19
One of Japan’s biggest conglomerates has teamed up with a developer to offer a compensation insurance arrangement for forestry J-Credit projects in case of natural disasters.
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Australian opposition signals intention to quit the Paris Agreement

Mon, 2024-06-10 10:28
The Australian opposition Coalition have declared it will get rid of the country’s 2030 emissions reduction target, arguing the goal is unachievable, and by extension withdraw from the UN’s Paris Agreement if it wins the next election.
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Climate superfund legislation passes New York legislature, awaits governor’s signature

Mon, 2024-06-10 10:26
The New York State assembly passed Friday a bill establishing a climate change adaptation fund to be financed by fossil fuel companies, which now awaits Governor Kathy Hochul's (D) signature to become law.
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