Carbon Pulse

The UK government has launched a tender to select a platform to host auctions for UK emissions trading allowances (UKAs), with a decision expected to be taken in the coming months ahead of the first auction at the start of next year.

Experts at Sylvera’s carbon market summit on Thursday said that huge changes are coming to the voluntary carbon market (VCM) over the coming months as private and public initiatives shore up guidance to address credibility concerns.

EU environment ministers want an automatic EUA supply injection to prevent excessive price fluctuations in the bloc’s carbon market, according to a document published on Thursday that suggests legislators are all-but certain to agree to beef-up the market's Article 29a mechanism.

A philanthropic organisation has announced a multi-million-dollar distribution of funding across seven cities from Europe and the United States for the adoption and scaling of biochar carbon removal.

A new crediting methodology was published on Thursday to quantify carbon removals through the regeneration of Spekboom Thicket, known locally as ‘elephant bush.’

EU plans to including shipping in its ETS will fuel further inflation and could change trade flows as vessels try to evade carbon costs, a conference heard on Thursday.

EU legislators are striving to avoid any delays on ETS reforms, with inter-institutional talks set to start as early as July, a senior diplomat told Carbon Pulse on Thursday, just two days after member states reached a unified approach on five key Fit for 55 climate policy proposals.

Two start-up carbon investment firms have inked a deal to develop and sell $100 million worth in “ultra-high quality” credits from emerging markets.

Restricting the access of speculators in the EU ETS would achieve little and could lead to undesired consequences, a senior European Commission official told a conference Thursday in remarks that reinforce the EU executive's scepticism about lawmaker efforts to curb carbon market access.

The conservative-dominated US Supreme Court ruled on Thursday the EPA cannot pursue generation shifting and cap-and-trade as a means to reduce power sector CO2 emissions, in what critics described as a massive blow for President Joe Biden’s climate change mitigation efforts. 

EUAs clawed back much of Wednesday's late decline amid continued steady buying while energy prices advanced on reports of a possible government bailout for a major German gas supplier.

European carbon prices for 2022 and 2023 will suffer downside in the region of €10 if current levels of industrial demand destruction in the face of soaring energy prices were to continue, an analyst told a conference on Thursday.

Western Australia’s (WA) EPA has recommended that the life of the giant North West Shelf (NWS) LNG and gas project, Australia’s largest carbon-emitting establishment, be extended for a further fifty years provided that its operator, Woodside, and its project partners commit to staged net reductions in GHG emissions until reaching net zero in 2050.

On the back of a successful USD 10m Series A capital raise, SustainCERT is looking to expand the team with a (Senior) Business Development and Key Account Manager.

Our team – Resilience, ESG and Disaster Recovery - works with companies and government agencies to achieve sustainability, including deep decarbonization, climate resilience and positive social impact.

Three Japanese companies have successfully demonstrated a clean ammonia supply chain to link Japan to the oil and gas-rich United Arab Emirates, they announced Thursday.

A daily summary of our news plus bite-sized updates from around the world.

Global carbon funding initiative Frontier has announced the winners of its first carbon removal round, picking six companies, including an Australian Direct Air Capture (DAC) project developer. 

Pennsylvania's Commonwealth Court denied Constellation Energy and green groups the opportunity to intervene in the ongoing case against the state's rulemaking to join the 11-state cap-and-trade programme, according to court documents filed on Tuesday.

Diversified miner Anglo American has agreed to lead the latest investment round of Sanergy, an organic waste business with operations in Kenya that is eyeing carbon finance to help generate high value agriculture and energy products.