Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 27 min ago
COP29: ‘Watchdog’ EU Parliament delegation heading for Baku
The European Parliament is sending a delegation of 15 lawmakers to the COP29 UN climate summit in Azerbaijan, with the intention to act as a "watchdog" in the negotiations involving EU member states and the European Commission, MEPs said.
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New coal boom in Indonesia threatens policy efforts to drive down emissions
Soaring coal capacity in Indonesia is threatening the country’s efforts to drive down emissions, a report published on Friday has found.
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India’s climate policies predicted to reduce around 4 bln tonnes of CO2 by 2030
India’s current climate policies are already helping bend its long-term emissions curve and will contribute to the world’s third-biggest emitter reducing its GHG output by almost 4 billion tonnes of CO2e by the end of this decade, research published this week has found.
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Canadian materials firm unveils C$23.8 mln for a CO2 capture test project
A Canadian materials producer this month announced nearly $23.8 million in investments to test a novel carbon capture technology at one of its paper mills.
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Significant GHG abatement in US land sector possible at $30-60/t, but beware imbalance, diminishing returns -study
Investment in cutting emissions from the US land sector, specifically targeting both forestry and agriculture, could see significant annual results based on a carbon price range of $30-60/tonne, a new study has estimated, while calling for a balanced focus and warning of diminishing returns.
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Buildings sector should focus on carbon use intensity as key metric for green valuations, say experts
For a building’s environmental footprint to be properly factored into its value, the industry needs to galvanise around a single data point, with carbon use intensity a likely forerunner, according to industry experts.
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Report flags surge in corporate nature-related reporting in 2024
Corporate nature-related reporting significantly increased this year among large companies, with disclosures aligned with the Taskforce on Nature-related Financial Disclosures (TNFD) more than doubled compared to 2023, a new report has shown.
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Indian developer registers Azerbaijan’s first renewable energy project in voluntary carbon market
India’s largest offset developer has registered a renewable energy project in Azerbaijan, making it the first ever large-scale renewable energy project eligible for generating carbon credits in the COP29 host nation.
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Carbon project rating agency incurs heavy losses to fund global expansion
Carbon project rating agency BeZero Carbon made over $20 million in losses in the last financial year, according to publicly available documents, due to the creation of 50 jobs and subsidiaries in the US and Singapore, the company said.
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Marine drone startup raises $2 mln to advance seagrass restoration
A San Francisco-based marine drone startup has raised $2 million in pre-seed funding to develop its technology aimed at advancing seagrass restoration.
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Ukraine adopts law to establish national ETS
Ukraine has adopted legislation establishing a national emission trading system (ETS) this week, which will start in 2026 with a two-year pilot phase and will become fully operational in 2029.
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Euro Markets: Midday Update
European carbon prices extended their late Thursday rally to climb above key technical levels amid continued buying in power and gas markets as weather forecasts called for lower temperatures in much of Europe.
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Environment Bank launches large-scale restoration project under its nature shares system
UK-headquartered conservation company Environment Bank has announced a 30-year restoration and rewilding project within over 178,000 hectares of low-yielding land in North Yorkshire, England.
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CN Markets: CEAs extend all-time high, weekly trading volume surges
Prices in China’s national emissions market hit a fresh all-time high again the past week while trading volume surged, buoyed by growing compliance demand, though a newly introduced carryover policy may complicate the price growth outlook.
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Climate spending rift precipitated German govt fall, says Scholz
Opposing views on climate, and the need to ramp up spending on defence and clean energy in the wake of Donald Trump’s election in the US, all played a part in the fall of the German government coalition, Chancellor Olaf Scholz has said.
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BRIEFING: EU’s CBAM brings uncertainty to Chinese exporters, despite planned carbon market expansion
The emergence of carbon border adjustment mechanisms (CBAM) has created a heightened sense of uncertainty among Chinese exporters, despite China's recent policy progress in expanding its mandatory carbon market, analysts said this week.
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Carbon credit financier goes public with $43-mln boost following merger
A Vancouver-based carbon credits project developer has completed its business combination with a ‘blank cheque’ company, securing an additional $43 million to go public on the US stock exchange.
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DATA DIVE: October sees big jump in retirements of CCP-tagged carbon credits as market awaits next ICVCM decision
October saw a big month-on-month jump in the retirement of credits tagged with ICVCM’s Core Carbon Principles (CCPs) high-integrity label, carbon registry data analysed by Carbon Pulse shows.
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Canadian emissions reductions too slow, overly optimistic, and a far cry from 2030 targets, auditor general says
Just six years remain to reach Canada’s target of 40-45% emissions reductions below 2005 levels, but efforts led by the federal government to reduce emissions face considerable implementation challenges, a report from the Office of the Auditor General (OAG) said Thursday.
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Emissions from private jets climb nearly 50% during 2019-23, study finds
Private jets are contributing an increasingly significant share to global carbon emissions, with emissions rising nearly 50% over the last four years, according to a new study.
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