Carbon Pulse

A vote on legislation which includes Brazilian President Luiz Inacio da Silva's draft emissions trading system proposal that was scheduled to take place in the Senate Environmental Committee on Wednesday has been postponed.

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US states can now draw on $350 million in grants from the Inflation Reduction Act (IRA) to monitor and reduce methane emissions from their oil and gas operations.

A coalition led by a California-based research centre and an incubator for engineered carbon removal have both received Department of Energy funding to advance direct air capture in the US. 

In an attempt to allay market confusion from contrasting conclusions reached by REDD+ stakeholders and academics last week, an offset ratings firm released an analysis on Wednesday explaining key shortcomings of one of the studies.

Forest fires are getting worse, burning almost twice the tree cover in the last 20 years compared to the previous two decades, according to new analysis.

Gabon has become the latest African country to be shaken by unrest after senior military officers staged a coup on Wednesday, days before Kenya and the African Union Commission host a summit that intends to drive carbon investment into the continent.

A bipartisan pair of US Congresspersons have introduced a bill to provide up to $150 billion to help family and small-scale forest owners overcome barriers to developing carbon projects.

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The leader of highly-forested Guyana has touted huge aspirations for carbon markets at a recent meeting with a former UK prime minister and separately rebuffed questions on carbon credit integrity.

The Washington State Department of Natural Resources (DNR) announced plans on Tuesday to partner with a developer of carbon removal facilities to reduce the risk of catastrophic wildfires in the east of the US state.

A US-based startup is partnering with Italy’s second largest cement company to trial a technology that converts electricity to stored heat, which could significantly lower CO2 emissions for hard-to-abate sectors. 

We’re looking for an experienced Consultant to join us in making a tangible impact on climate change mitigation.  Perhaps you will conduct an LCA for a European CCS project, or an assessment of carbon removal potential in the Caspian region.  You will be working alongside some of the industry’s leading experts, gaining skills and knowledge that benefit you and the planet.

Carbon capture and storage presents one of the biggest opportunities for climate change mitigation.  Carbon Limits is at the forefront of this exciting movement, with our experts like Gaelle and Irina, helping NGOs, development banks, the private sector, and regulators to identify and deliver diverse CCS projects.

Rapidly scaling decarbonisation action must be our mission, as we confront an ever more terrifying climate crisis. But instead we risk slowing the pace of decarbonisation to an untenable level, warns John Connor of Australia's Carbon Market Institute.

The practice of biodiversity offsetting by mining companies is not a long-term sustainable solution to compensating for environmental impacts, academics have said.

The European Commission on Wednesday set out rules for participation in its inaugural auction, funded through ETS revenue, to subsidise green hydrogen across the 27-nation bloc.

A California-based developer that uses manmade structures on the seabed to harvest carbon-sequestering kelp has signed its first offtake agreement for the resultant blue carbon credits and says that investor interest is strong in the projects thanks to the multiple benefits they deliver for marine life, climate change, and coastal communities.

European carbon prices legged higher on Wednesday morning, following a recent trend of early-session strength, amid a strong auction and after weekly Commitment of Traders data from the two main exchanges showed a slight build in investment funds' short positioning.

A paper currently undergoing peer review aims to cut through current debates on how best to do area-based biodiversity conservation in light of the increased global attention on national biodiversity targets and investments and the emergence of nature-based credit markets.