Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 44 min 45 sec ago
EU confirms two African ports identified as carbon leakage hotspots for shipping
The EU has confirmed that two North African ports will be excluded from calculating emissions obligations for ships under the bloc’s ETS, part of detailed rules adopted this week for including maritime in the bloc’s carbon market from next year.
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Pakistan launches Article 6 readiness programme, sets the stage for carbon trading
Pakistan along with international partners has launched the Supporting Preparedness for Article 6 Cooperation (SPAR6C) programme to help build the country’s carbon market and facilitate access to international carbon finance.
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Major Japanese trading firm secures mangrove-based credits from Indonesia
A major trading company in Japan has teamed up with a Singapore-based project developer to secure carbon credits from mangrove plantations in Indonesia, as part of a broader plan to expand its global carbon portfolio.
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UAE royal-owned firm signs partnership with Brazilian environmental assets startup
A company linked to the royal family in Dubai has entered into a strategic partnership to promote a Brazilian startup that issues environmental tokens to landowners encompassing soil, water, biodiversity, and carbon.
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Australia’s Climate Active scheme freezes applications using Kariba REDD credits
The Australian government’s voluntary climate certification scheme has frozen applications from businesses wanting to use credits from the controversial Kariba REDD project to offset their emissions.
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Carbon pricing alone insufficient to meet Paris targets, academics caution
Carbon prices worldwide are not adequate to tackle climate change and need to rise swiftly and be integrated into a multi-faceted strategy in order make a significant impact in curbing emissions, a new study warns.
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Brazil risks missing 2050 net zero emissions goal without supercharging NBS efforts, researchers warn
Brazil's path to achieving net zero emissions by 2050 could be jeopardised unless the country significantly ramps up its nature-based solutions (NBS), particularly ending deforestation and restoring native vegetation, a new study warns.
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European Commission sets 2024 EU ETS emissions cap for aviation
The European Commission has set the 2024 emissions cap for aviation under the EU ETS.
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Carbon Project Manager Koala Friendly Carbon, Climate Friendly – Remote (Australia)
The Project Manager will be part of a small team focused on finding and developing new project opportunities to participate in ‘Koala Friendly Carbon’.
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GHG emissions not directly addressed or regulated in Australia’s environment law reforms, experts say
Australia’s greenhouse gas emissions are currently not explicitly regulated in any direct way, according to a legal opinion released Tuesday backed by environmental law experts, as conservation groups express concern over government reforms attempting to tackle the issue.
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Verra seeks public feedback on expanding offset methodology to include wood waste
Verra has opened a public consultation on a proposed minor revision to one of its methodologies to broaden its scope to include wood waste.
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Carbon Removal Buyer, Microsoft – Redmond, WA
The Microsoft Carbon Dioxide Removal (CDR) team is charged with procuring high-quality carbon removal that enables Microsoft to meet its ambitious goal of becoming carbon negative by 2030. To this end, the CDR team seeks a curiosity-driven individual to join our team as a Carbon Removal Buyer. This position will join one of our existing deal teams charged with originating high-quality, innovative carbon removal projects—and negotiating the transactions that will get those projects built.
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Study unveils new theory to help better predict global forest carbon uptake
A new study has shed new light on the intricate relationships between tree growth, mortality, and reproduction in global forests and how these factors interact to affect carbon absorption.
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CP Daily: Tuesday October 31, 2023
A daily summary of our news plus bite-sized updates from around the world.
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California LCFS net credit generation picks up during Q2
California Low Carbon Fuel Standard (LCFS) saw their third-highest quarterly net credit build during the April-June period, as volumes of renewable natural gas continued to push past decline in ethanol credits, growing the surplus bank to a new all-time high, according to state data published Tuesday.
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Bio-agricultural company introduces the first-ever mycorrhizal carbon credits programme
A bio-agricultural company announced the global launch of its Verra-certified carbon credits programme that utilises mycorrhizal fungi for carbon dioxide removal, the first of its kind.
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Indigenous group drops REDD+ appeal over committee dispute
An Indigenous group appealing Guyana's jurisdictional REDD+ programme said it was forced to give up on its appeal Friday, claiming the committee overseeing the complaint was stacked by the standard responsible for issuing the credits.
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New research shows greater range for regional warming caused by Amazon deforestation
New research published Monday concludes that deforestation in the Amazon has a more drastic and long-reaching warming effect on non-local land surfaces than previously known, suggesting an even greater importance for forestry projects located in the world's largest rainforest.
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EU should do more to transform its soils to help boost carbon sink -report
The EU should set binding soil health targets for member states, provide tailored government support for farmers, and do more to involve the private sector to ensure soil contributes to the growth of the bloc's carbon sink by the end of the decade, according to an NGO report compiling stakeholder views published on Tuesday.
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Rating agency delists Kariba REDD project after awarding lowest score possible
The troubled Kariba REDD project suffered another blow to its reputation on Tuesday after a rating agency downgraded its carbon credits to the lowest possible score, but also took the unusual step of delisting the project from further assessment in the future.
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