Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 8 min 21 sec ago
Capturing CO2 from waste biomass could mitigate 3% of global GHG emissions -report
Converting organic matter, such as crop residues and livestock manure, into biomethane and biogenic CO2 using anaerobic digestion, could facilitate the capture of 3% of global greenhouse gas emissions, according to an academic study.
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Crashing carbon credit prices leaves high-rated projects commanding hefty premium, says report
A sharp drop in carbon credit prices last year has left the top ranked projects by ratings agencies commanding a 200% premium on average over the lowest rated units, analysis has found.
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Indian carbon offset developer, state-owned oil major team up to distribute clean cookstoves
India's largest carbon offset developer, EKI Energy, has launched its first cookstove pilot project in partnership with a major government-owned oil firm, the developer said Tuesday.
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OECMs could help Germany achieve big share of GBF target, report finds
Other effective area-based conservation measures (OECMs) could contribute up to 1 million hectares of land towards Germany's Global Biodiversity Framework (GBF) target to protect 30% of its land and sea by 2030 (30x30), researchers have found.
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EU lawmakers give final green light to F-gas 2050 phaseout bills, discuss transitioning consumer habits
Europeans lawmakers formally approved on Tuesday new rules to minimise emissions from powerful greenhouse gases, in particular to phase out fluorinated greenhouse gases (F-gases) by 2050, and debated a bill to empower consumers for the green transition.
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Euro Markets: Midday Update
Carbon prices in the EU ETS gave up Monday's gains amid steady selling on Tuesday morning as buyers appeared to retreat, while energy prices were mixed as the market eyed rising tensions in the Red Sea that may impact LNG shipping.
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Over 300 organisations commit to disclosing nature risks under TNFD
A cohort of 320 organisations with $4 trillion in market capitalisation have committed to begin adopting recommendations on nature-related financial disclosures within the next two years, in a sign of growing efforts to understand the financial risks posed by biodiversity loss.
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Oil major investors unite with activists in calling for stronger emissions targets
Investors in Shell have joined forces with an environmental activist group to call for more aggressive targets from the oil major in reducing carbon emissions to be set at its annual meeting, including accounting for Scope 3 output.
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Fintech initiative aims to attract $100 bln investment for carbon credits
An initiative announced by two carbon fintecth firms at the World Economic Forum (WEF) summit in Davos aims to attract $100 billion in capital market investments into 'high-integrity' carbon credits to help address the multi-trillion dollar annual climate financing gap.
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Bank calls for rapid scaling up of global biodiversity finance, tech deployment
The world needs better economic incentives and clear policy direction to ramp up biodiversity finance and deploy nature measurement technology at a scale not seen before, a major investment bank has said.
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China’s property sector sees first offset standard for public buildings
A coalition led by the digital arm of a major real estate developer in China has released the country's first emission reduction standard for public buildings.
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Developer ties up with Indian state autonomous body on carbon projects
An Indian carbon offset project developer has signed a Memorandum of Understanding (MoU) with a state autonomous industrial body to develop mitigation projects across the South Asian country under domestic as well as international voluntary and compliance carbon markets.
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More work needed to quantify Australian emissions reductions -audit
An auditing body within Australia’s government has found more work needs to be done to quantify the government's work in reducing its emissions per the commitments it made in 2022.
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State-owned Taiwanese agricultural firm taps into carbon farming
A state-owned agricultural company in Taiwan has decided to tap into the carbon farming sector, as the government seeks to assess the potential of soil carbon across the island as part of a national climate strategy.
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ANALYSIS: Barossa LNG court dismissal focusses attention on ACCU supply dynamics
Australian gas company Santos’ Barossa project is expected to have a significant impact on medium- term Australian Carbon Credit Units (ACCU) supply and demand dynamics, given that it will be unlikely to get its CCS element up and running until the late 2020s or the 2030s, according to analysts.
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Speculators shed 2 mln NZUs as stockpile shrinks slightly
The stockpile of privately held NZUs has fallen by some 900,000 units as speculators decrease their holdings of units, according to government figures.
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CP Daily: Monday January 15, 2024
A daily summary of our news plus bite-sized updates from around the world.
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Quebec scales down free allowances, rise in recipient entities in 2024
Quebec’s initial free allowance distribution for 2024 regressed slightly from the previous year, even as the number of industrial cap-and-trade emitters receiving allocation increased, according to data published Monday by the province's environmental ministry.
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Research shows US east-west forest health diverging under climate stress
Forests in the western US are absorbing less CO2 due to more severe climate change impacts, while those on the eastern side of the country are growing slightly faster thanks to more favourable conditions, scientists have found.
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Accounting for Nature partners with Australian fintech firm to build platform linking environmental co-benefits with global carbon credits
Accounting for Nature (AFN) has partnered with an Australian technology solutions firm to develop digital infrastructure linking environmental improvements to eligible carbon credits, they announced Tuesday.
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