Carbon Pulse

Malaysia is discussing bilateral agreements with countries in the region to establish itself as carbon capture, utilisation, and storage (CCUS) hub, while creating rules, regulations, and incentives to attract project developers, an official told a conference Wednesday.

Australia on Wednesday announced it will establish 12 new Indigenous Protected Areas (IPAs), spanning 7.5 million hectares of land and 450,000 ha of sea.

Australia’s carbon capture and storage (CCS) industry will struggle to scale and be part of achieving the country’s climate goals without further political support, an expert told a conference Wednesday.

The New Zealand government on Wednesday announced the main pillars of a new climate strategy that will rely on the emissions trading scheme and nature-based solutions as two of five major focus areas.

British Columbia and Quebec have emerged as leaders in Canada’s “fragmented” energy transition that is driven by provincial actions, while Saskatchewan largely remains behind other jurisdictions in advancing climate goals, webinar participants heard Tuesday.

A South Dakota carbon pipeline law faces a petition with tens of thousands of signatures that could send the measure to a vote in November, as a sustainable aviation fuel (SAF) industry-backed campaign has emerged to defend the regulation.

A coalition of green groups have signed letters to the 10 RGGI states, urging their environmental authorities to clarify the schedule of anticipated changes to the power sector carbon market, now six months overdue its targeted conclusion date.

The government of Alberta signed Monday a carbon sequestration agreement with the Canadian subsidiary of oil major Shell and a global energy firm, as the province continues its efforts to expand carbon capture, utilisation, and storage (CCUS).

A federal appeals court on Tuesday denied an attempt from several US states and industry groups to block recent Environmental Protection Agency (EPA) rules to limit methane emissions from the oil and gas sector.

Morocco’s frameworks to support sovereign carbon trading are being finalised, according to local media sources.

California regulator ARB proposes to remove all allowances from auctions and allocations starting in 2026, leaving cost containment pools intact, with traders reporting secondary market prices slumping after an initial bullish spike given the delayed implementation timeline.

The UK's new Labour government looks set to pursue a more climate-friendly agenda with a commitment to green growth opportunities, according to an expert panel gathered in the wake of last week's general election.

Poland is seeking an exemption from buying EU carbon allowances for the emissions tied to the power it supplies Ukraine with, Prime Minister Donald Tusk said during a visit to Warsaw by the Ukrainian president on Monday.

Carbon credit retirement volumes across the four main registries broadly held up in the first six months of 2024, compared to the same period last year, despite fresh scandals hitting the sector.

RGGI states will offer a touch lower volumes at the scheme’s Q3 allowance sale, with prices in the secondary market supported at near record levels from ongoing strong compliance demand, according to a notice published Tuesday.

Biodiversity monitoring company NatureMetrics has launched a “revolutionary” system for sampling environmental DNA (eDNA) in marine and freshwater environments autonomously, it said on Tuesday.

The European Parliament’s Environment (ENVI) committee, where all climate and health bills need to pass before becoming law, will not be split in two as had been previously suggested, a heavyweight centre-right lawmaker said on Tuesday.

Well-targeted financing through the next Multiannual Financial Framework (MFF) is crucial for achieving EU biodiversity goals, including the establishment of a dedicated conservation and restoration fund, a campaign group has said.

Developing countries will be able to get technical support when preparing their strategies to reduce greenhouse gas emissions from shipping, thanks to a new programme announced on Tuesday by the UN's shipping regulatory body International Maritime Organization (IMO).

A technology company has signed a deal for the largest direct air capture offtake to date, it announced Tuesday.