Carbon Pulse

The US will not come close to meeting its more ambitious Paris Agreement GHG reduction target formalised last year, with industrial sector emissions plateauing and abatement in other sectors progressing at a slower-than-needed pace, according to a report published Thursday.

A German biochar company is planning to scale up its CCS capacity to more than 30,000 tonnes of CO2 a year by 2025 through building the country’s first network of carbon removal parks.

A new company focusing on voluntary carbon offsets aims to become Europe’s top credit originator, joining an increasingly crowded marketplace offering services to corporate clients.

To further drive our positive momentum and expand into other markets of biochar-application, we are looking for an Industrial Applications Sales Manager (m/f/d) to manage existing and initiate new industrial application projects with partners across Europe.

Trading regulations for China’s national emissions trading scheme have been included in the State Council’s 2022 legislative work plan, sparking some hope among market observers that the scheme might finally be written into law despite also appearing in last year's work plan.

The world’s first solar powered direct air capture (DAC) project is looking to sell forward offset credits for €900/tonne ($904) as it eventually seeks to compress, transport and store CO2 for under $20 per tonne.

The EU's mammoth Fit for 55 climate policy package can become law by year-end, the European Commission's climate chief Frans Timmermans said on Thursday as the bloc's environment ministers discuss their negotiating stance for November's COP27 UN climate negotiations.

EUAs traded in a very narrow range on Thursday morning amid widespread opposition among EU legislators to a plan to sell €20 billion worth of carbon units to help fund the bloc's transition away from Russian fossil fuels.

The Australian government has accepted the resignations of three of its Emissions Reduction Oversight Committee (ERAC) members, including its chair, in a shocking move that leaves the development of anticipated new methodologies in limbo.

A government-run think-tank is preparing the ground for better regulation and management of Chinese carbon sequestration projects as it urges a speedy relaunch of the national offsetting scheme.

Australia National University has published two more studies attacking the human induced regeneration (HIR) offset methodology and the way in which it has been defended by the Clean Energy Regulator and the government’s carbon credit oversight committee.

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

After two successful funding rounds, a blockchain carbon offsetting platform is expanding its presence in the US with a new base in Florida and a new advisor in the country, and is eyeing further senior hires.

A US agricultural technology company has raised $20 million in Series A funding, which it said will allow it to significantly expand farming and commercial adoption of its seaweed-based digestive aid for methane-spewing cattle.

Three natural gas companies filed a lawsuit on Tuesday against Pennsylvania’s RGGI rulemaking, adding to a growing caseload the state faces in its efforts to join the 11-state cap-and-trade programme that is pending resolution from the state Supreme Court.

California regulator ARB divvied out fewer than 100,000 compliance offsets for the third time in four issuance periods as the slow crediting rate this year continues, according to government data published Wednesday. 

The Associate Director, International Carbon Markets will focus on expanding MIMTA’s forest carbon project development globally.  This is a unique opportunity to play a key role in the company’s continued growth and success and to make significant contributions to an international, dynamic, and entrepreneurial team. 

A US national conservation organisation has teamed up again with its international partner to launch a nature-based offsets programme for small scale, family-owned and individual forest holdings, the companies announced Wednesday.

A Dutch carbon offset firm has agreed to sell around 535,000 voluntary carbon offsets from a Kenyan clean cookstove project.

Some 13 EU countries are eyeing alternatives to fund the bloc's shift away from Russia fossil fuels amid concerns that a Brussels plan to sell MSR-held carbon units is too disruptive for the EU ETS.