Carbon Pulse

A California senate bill on CO2 removal (CDR) regulations has yet to resolve key considerations as it weaves through the legislative process, while little progress on the implementation of carbon, capture, utilisation, and storage (CCUS) legislation stalls it further.

Two Canadian companies signed a Memorandum of Understanding (MoU) Thursday to test and validate an autonomous tree planting technology for the generation of voluntary carbon offsets.

A Toronto-headquartered carbon project financier announced Thursday that it has received $11.2 million from the sale of carbon credits from its Vietnamese household device and Rwandan cookstove projects.

The US Department of Energy (DOE) announced Thursday it is allocating $44.5 million in funding towards nine university- and industry-led projects to advance knowledge of the potential of geologic basins to permanently store CO2 emissions.

California Carbon Allowance (CCA) prices reversed course from year-to-date lows this week, but remained below Washington Carbon Allowance (WCA) figures amid the ongoing WCI market bearishness due to programme reform implementation delay.

Drax - the UK’s largest generator of power from biomass - is by far the country’s largest source of carbon emissions, despite receiving more than half a billion pounds in green subsidies, according to a new report published on Friday.

Argentina’s carbon markets are growing rapidly and poised to shift away from reliance on waste management and renewables projects to embrace a broader array of credits, a jurisdictional REDD (J-REDD) developer told Carbon Pulse.

A German direct air capture startup is offering cement plants the opportunity to make extra revenue from their waste heat, which it can use to improve the efficiency of its CO2 capture process and generate carbon removal credits.

A global climate solutions provider announced on Thursday the launch of its supply chain emissions reduction product.

Just 4% of major companies globally have set targets to reduce their water pollution, the World Benchmarking Alliance said in a survey published on Wednesday.

While the Integrity Council for the Voluntary Carbon Market (ICVCM) rejected this week multiple renewable energy carbon crediting methodologies from its Core Carbon Principles (CCP) label, citing additionality concerns, the Dominican Republic (DR) is pushing forward on expansion plans for these projects in the frame of sustainable development.

German power company Uniper posted a significant fossil-based power generation slump over the first six months of the year, relative to 2023, amid ongoing demand weakness that continues to pressure EUAs.

An Egyptian nonprofit conservation group is launching a large project to protect thousands of migratory birds from the threats posed by electricity power lines in the Gulf of Suez, it announced on Thursday.

One of the largest shipping companies in the world, Maersk, has backtracked on its previous anti-liquefied natural gas (LNG) position by announcing plans to purchase ships capable of running on the fuel, highlighting the difficulty of lowering shipping emissions.

The UK government's decision to hike the windfall tax on offshore oil and gas isn't all bad news for energy companies, according to an energy consultancy that argues it could help to focus energy investments on decarbonisation. 

A Venice-based conservation group is eyeing the biodiversity credit market to save the Italian city's lagoon ecosystems from destruction driven by shipping and mass tourism.

US-headquartered private equity investor Pegasus Capital Advisors is looking to invest in nature-related companies via its land and ocean funds to help improve the sustainability of entire economic systems.

Some 104 million carbon credits were retired in the first six months of this year, mirroring the total from H1 2023, and with most sold to companies in the energy sector in alignment with previous years' trends, according to the latest AlliedOffsets Corporate Buyers Report.

The Italian government passed a draft legislative decree on Wednesday, aiming to cut red tape for the production of energy from renewable sources.

A new climate and capacity-building tool for the Global South was introduced this week with the aim to enhance access to knowledge and resources, particularly in climate finance, and overcome barriers to entry in the region.