Carbon Pulse

Abu Dhabi's ADNOC has entered the international carbon capture and storage sector, acquiring a 10.1% equity stake in UK-based developer Storegga, the state-owned oil company announced on Monday. 

The secretariat of the ART carbon credit standard on Monday announced that it has approved documents submitted by Ghana under its TREES jurisdictional certification programme relating to a 2017-21 crediting period, moving the country one step closer to receiving unit issuances under the standard from activities undertaken in these years.

A London-headquartered intermediary announced on Monday a 20-year agreement with Kenya's Mikoko Initiative to manage at least 1 million tonnes of mainly blue carbon credits per year generated by mangrove and other forestry projects in the African country.

European carbon prices came under heavy pressure from the opening on Monday as forecasts for milder weather triggered a steep drop in natural gas prices, while the prospect of EUA auctions resuming next week added a bearish tone to the carbon market.

The first-ever Internationally Transferred Mitigation Outcomes (ITMOs) for use under a national Paris Agreement emissions pledge have been delivered, with carbon units from activities in Thailand transacted to Switzerland, the parties announced Monday.

The host of the COP29 climate summit, Azerbaijan, is set to raise its fossil fuel production by one-third over the next decade and create hundreds of millions of tonnes in additional emissions, according to analysis published on Monday, with polluting firms forecast to spend some $41.4 billion on the country’s gas fields.

Clean energy supply is only one side of the coin when it comes to emissions reductions but gains most of the attention, while energy efficiency could offer vast reductions in tandem with cost savings of some $2 trillion annually, according to a report released Monday.

Forests in Japan have the potential to offset a noticeable share of the country's annual carbon emissions and create great monetary value in the coming two decades, though the market potential of forest carbon hinges on multiple factors, new research has found.

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A South Korean securities firm has teamed up with a domestic research firm to accelerate its carbon finance business, which may include the development of overseas emissions reduction projects.

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We have several roles available in the UK ETS team, including on supporting development of free allocation policy, co-ordinating the legislative programme, and supporting the implementation of wider ETS policy.

For the second week in a row, regulated parties and speculators both built on their net holdings of California Carbon Allowances (CCAs) and RGGI allowances (RGAs) as the new year began, while the US Commodities Futures Trading Commission (CFTC) again did not report Washington allowance (WCAs) holdings, data published Friday showed.

Saskatchewan, which stopped collecting the federal carbon levy on gas utility bills as of Jan. 1, will be in violation of Canadian law should it refrain from making payments to Ottawa, with significant impacts to the CO2 tax rebates that are returned annually to provincial households, experts told Carbon Pulse.

A Denver-headquartered emissions management firm is set to receive financial backing from the US Department of Energy's (DOE) Loan Programs Office (LPO) to scale its methane detection technology across six states.

CO2RE, the UK's national research hub on CO2 removals (CDR) led by the University of Oxford, this week announced the four winners of its latest funding round, with each set to receive up to £50,000.

South Africa's energy ministry has published a new draft long-term energy blueprint that foresees the building of more coal power capacity, a move that appears to lower the nation's climate ambition as the government tries to grapple with energy security issues.

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EEX’s European carbon volumes ticked up 6% in 2023 compared to the previous year, with strong emissions certificate sales for Germany's domestic nEHS scheme accounting for the bulk of the growth, though the more lucrative secondary trade saw declines as futures dealings slumped by over one-fifth.

WWF has launched a roadmap for regenerative agriculture in England with steps for expanding nature markets including ramping up biodiversity net gain requirements.