Carbon Pulse

The European Commission will start work on a CO2 transport regulatory package under the ETS, according to a leaked draft of the upcoming industrial carbon management strategy (ICMS) seen by Carbon Pulse on Wednesday.

Indigenous Peoples must be involved in shaping the nascent biodiversity market, the Taskforce on Nature-related Financial Disclosures (TNFD) co-chair has said.

The US-led Energy Transition Accelerator (ETA) jurisdictional carbon crediting mechanism to phase out coal globally could be a key lever to helping reach the goal to triple renewables to at least 11,000 GW globally by 2030, said outgoing US climate envoy John Kerry in Davos on Wednesday.

Startups in the durable carbon dioxide removal (CDR) market face a race to drill down production costs after price per tonne topped a poll as the key factor for buyers, in a 2024 outlook published Wednesday.

A Swiss carbon capture firm has opened its next series of funding in order to expand its operations and add new storage sites across Europe and the UK, it announced on Wednesday.

A Montreal-based carbon removal project developer has partnered with a Germany-based direct air capture (DAC) company to install a new carbon removals facility in Canada, they said Wednesday.

A new environmental commodities investment company has launched with the aim of delivering flexible financing options for carbon removal and reduction projects and access to high-quality carbon credits at scale.

Newer carbon credit vintages played a significantly more influential role in the voluntary carbon market (VCM) in 2023, as increased buyer scrutiny and the diminishing role of older credits looks set to signal an important trend change, analysts have said.

Companies in the European Union will be banned from misleadingly marketing their goods as "carbon neutral", under a law endorsed by EU parliamentarians on Wednesday. 

EU carbon steadied at slightly lower levels on Wednesday morning as traders absorbed the weekly Commitment of Traders report and sought directional signals from a market that appears to have found a temporary floor, while energy prices continued to decline despite more reports of vessels being diverted away from the quickest route to Europe.

Growth in China’s thermal power generation in 2023 outpaced the growth of total power output amid continued coal expansion and a shaky economic recovery in the world's biggest emitting nation, government data showed Wednesday.

A UK-based voluntary carbon credit marketplace announced another partnership with a ratings agency on Wednesday.

A Malaysia-based carbon offset developer has launched an avoided deforestation methodology for project developers to create high-quality carbon credits through the protection of forests.

A large voluntary carbon market project developer and advisory firm has found that the vast majority of surveyed companies still do not have a net zero emissions target in place, with 'greenhushing' seen as an increasing trend, in a report published this week.

A Dutch carbon project developer has updated its credit pipeline outlook, marking a 58% year-on-year rise with delivery volume reaching 1.8 million tonnes in 2030, it said in an update.

A state-owned water supplier in South Korea has teamed up with a California-based company for a pilot project developing direct air capture (DAC) installations, which the companies claimed to be the world’s first-of-its-kind facility for water recovery and carbon removal using a seawater desalination plant.

Global food and drink conglomerate Nestle has planted 350,000 trees at an estate in southeastern Victoria that will earn Australian Carbon Credit Units (ACCUs), as part of a broader worldwide reforestation effort.

The Philippines has concluded a technical working group with the World Bank in preparations for the introduction of carbon pricing instruments, though the timeline for policy progress still remains unclear.

Amsterdam-headquartered STX is expanding its presence in the Asia Pacific from the Singapore headquarters it established in 2021, seeing a strong pipeline of growth with a focus on renewable energy.

The head of New Zealand's Jarden Commodities has left the company and is currently on “gardening leave”, as parts of the wider company is set to merge with several financial entities.