Carbon Pulse

A US west coast power producer was unsuccessful in its attempt to cover the cost of compliance with Washington’s Climate Commitment Act (CCA) through a rate increase for Wyoming consumers, in a decision by state utility regulators in January.

A new bill to curb predator control used to support grouse shooting and the practice of muirburn on Scottish moorland could lead landowners to switch to activities that produce carbon or biodiversity credits as alternative income sources.

The European Commission should grab the opportunity to propose the EU's 2040 climate target by approaching an upcoming deadline as an economic and security choice, a pan-European think tank has said ahead of the release expected in a few weeks.

Shell’s ongoing retirement spree and signs of a REDD revival for fresh vintage credits dominated voluntary carbon market activity over the past week.

Climate action in the EU is still underreported, especially information that goes beyond pure emissions data to provide insights on longer term trends, a report showed on Monday.

The Polish government will have to tackle powerful coal unions and appease an uncooperative president in order to follow through on intentions to set an end date for coal and target climate neutrality by 2050, according to experts.

Around 10 biodiversity credit project managers have expressed interest in selling units via an online marketplace, following the listing of credits from a company with South American sites, Carbon Pulse has learned.

Carbon dioxide removal (CDR) technologies face significant barriers to scale, such as upfront capital needs and vastly different permanence and storage potential across activity types, but would grow with supportive policies for integration into carbon markets, according to a recent report commissioned by the Swedish government.

Spanish ports may be buoyed after Algerian banks put an embargo on support for the transshipment of goods through Moroccan ports, countering the dampening effect Spain was expected to see from the extension of the EU ETS to shipping.

Applying artificial intelligence (AI) at a coal-fired power station could help capture 17% more carbon dioxide while reducing energy use by 36%, according to research published Monday.

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A Libyan oil firm will embark on a reforestation initiative in the first quarter of 2024, aiming to plant one million trees and remove 10 MtCO2 once the programme is complete, it said over the weekend.

Carbon Pulse has grown its European management team with two new hires and an internal promotion, as the company prepares for the departure of one of its co-founders.

European carbon prices were little changed at midday as the first auction of the year cleared close to the prevailing secondary market price, providing some support after levels had earlier dropped to a new 15-month low, while traders predicted a quiet session due to the closure of US markets for a public holiday.

The world’s second-largest steel producer ArcelorMittal and the French state will invest €1.8 billion to reduce the carbon footprint at its two primary steelmaking sites in France, shaving the country’s industrial emissions by 6%, the French economy and energy minister has said.

A Korean power company is planning to make a foray into the international carbon market by implementing a boiler replacement project to help cut emissions in Vietnam.

Creating carbon nanofibres can offer a novel way to store CO2, with green hydrogen as a useful byproduct, according to recently released study.

Japan's Ministry of Economy, Trade and Industry (METI) has appointed a major shipping company to conduct a study on the potential of ocean thermal energy in Mauritius.

Australia’s most prominent companies and industry associations are failing to translate their headline climate aspirations into actions that support national policies to address it, a report released Monday found.

Australian oil and gas company Santos has won its second court case against Traditional Owners and can proceed with gas pipe-laying at its Barossa gas project and the associated carbon capture and storage (CCS) project.