Carbon Pulse

Governments need to separate climate from geopolitics so the transition to renewable energy can go much faster using tools the world already has, in order to keep on the narrowing path to curb global warming, according to the IEA in a report published Tuesday. 

Indonesian Prime Minister Joko Widodo launched the country’s national carbon exchange on Tuesday, as market observers say it will likely be primarily used by domestic players initially with several barriers to limit international interest for now.

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

US farmers are implementing sustainable agricultural practices irrespective of monetary incentives, and are also voicing concerns about the burdens of participating in the voluntary carbon market (VCM), according to an academic study published Monday that pointed to a resulting absence of additionality from such soil carbon projects.

RGGI Allowance (RGA) values remained unchanged from their year-to-date highs over the past week, as market participants expressed mixed sentiments to the release of materials published in advance of the next Third Program Review meeting.

UK fuel-from-waste exporters have urged the government to ensure domestic incinerators pay a comparable carbon cost to the EU once the waste sectors become part of the two carbon markets.

A Toronto-based carbon financier and a US reforestation company announced Monday a second streaming agreement that will generate credits from a post-wildfire forest restoration project in California.

A slight price recovery in nearby futures for REDD avoided deforestation credits over the past week provided one of the few bullish signs for the voluntary carbon market (VCM), which remains in limbo while the first badges of integrity are readied by the cross-stakeholder body ICVCM and faces increasing competition from the rise of Paris Agreement-approved units.

A software startup has published pricing details of its platform as it targets future changes and technology needs in the voluntary carbon market (VCM) and EU deforestation regulation.

A Montreal-headquartered CO2 removal (CDR) project developer and a London-based direct air capture (DAC) company on Monday announced plans to demonstrate the technology at a facility in Quebec.

Policymakers around the world are getting it wrong on carbon removals and temporary carbon storage by placing them too high on the hierarchy of required climate action, campaigners warned in a pair of complementary reports on Monday.

Australian biodiversity-related projects must become more streamlined to encourage adoption, in an effort to scale the nature repair market, a government-backed study has found.

A project developer has partnered with a social enterprise to set up one of Southern Africa’s only agricultural soil carbon projects under Verra's Verified Carbon Standard, it announced Monday.

European carbon prices were modestly stronger at midday on Monday, supported by a firm gas market where speculation is growing that storages may not reach tank tops before the coming winter, leaving room for additional demand.

South Korea on Monday formalised its Article 6.2 partnership agreements with Vietnam and Uzbekistan, and signed contracts for four new projects that will generate more than 10 million international carbon credits under the treaty.

A $250 million programme for financing renewable biological products in the Amazon has been announced by the Inter-American Development Bank (IDB) and Banco do Brasil.

An Indian carbon project developer on Monday saw its share value drop by 10% on the BSE after posting $4 million in losses in the June quarter.

Japan will start talks with Malaysia to store its captured CO2 in the Southeast Asian country from 2028 as part of Tokyo's broader decarbonisation strategy, Nikkei has reported.

Traders and brokers have increased their holdings of Australian Carbon Credit Units (ACCU) by some 20%, a regulator report shows, in anticipation of a tightening market following the recent Safeguard Mechanism reforms.

Three soil carbon projects have been issued close to 100,000 Australian Carbon Credit Units (ACCUs), with one of them receiving almost the entire amount, according to the Clean Energy Regulator’s latest update Monday.