Carbon Pulse

Carbon Growth Group offers the opportunity for a Carbon Market Advisor to help realise and sustain the group’s ambitious growth plans.

Two major players in the global pulp and paper industry have partnered to launch a pilot programme to protect biodiversity in the Amazon region.

Chevron has announced investments in two carbon sequestration research projects in Western Australia, it announced Friday.

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

California Carbon Allowances (CCAs) veered higher through another week of volatility as traders attempted to square the market's recent ARB cap-and-trade workshop-inspired rally with the Aug. 16 quarterly auction, while Washington Carbon Allowances (WCAs) remained unchanged even as traders expected reserve sale volumes to sell out at this week's offering.

New York’s continued participation in the power sector RGGI carbon market would aid the development of the state’s economy-wide cap-and-invest system by ensuring programme stability and fostering greater regional climate ambition, though separating from RGGI could yield a larger in-state emissions cap and avoid multiple carbon prices, an expert said Thursday.

Canada’s environment ministry on Thursday announced its initial Clean Electricity Regulations (CER) to mobilise the country’s electricity grid to achieve net zero by 2035, including a series of measures that provide exemptions for units with carbon capture and storage (CCS) and can allow for continued, but limited, use of fossil fuels.

The UK government signalled Thursday it will continue to support biomass energy production albeit under stricter sustainability tests, but did not spell out how it would subsidise utility Drax’s BECCS plans.

A standardised way of grading carbon credits can establish transparency and consistency in the market while improving upon the current methods of existing ratings agencies, a US-based alternative asset manager said in a white paper published Thursday.  

Wood-burning cogeneration or combined heat and power (CHP) plants established by Danish energy firm Orsted will begin to have their emissions captured and stored during 2025, as part of Denmark’s first full-scale CCS agreement, the company outlined during its financial results on Thursday.

Kenya will face a shortfall of more than a $1 billion to meet its climate change and forestry strategic plan over the next five years, the Ministry of Environment has revealed.

German steelmaker Thyssenkrupp reported a 13% year-on-year drop in quarterly global sales amid lower prices, though it said it was targeting the upper range of its full-year forecast after a “robust” quarter in its financial results on Thursday.

The ideal Forester candidate is an accredited RPF in Canada with an enthusiasm for the analytical aspects of forestry management (e.g. forest inventories, forest estate modelling, GIS analysis) and is a excellent communicator.  The Forester will support Ostrom’s exciting portfolio of forest carbon offsets projects across North America.

European power consumption slumped 6% compared to historical averages in July despite an uptick in demand from air conditioning across the Southern countries that were struck by extreme heat, according to analysts.

A leading airline has been testing AI technology to reduce airplane contrails when flying at altitude, with positive results, suggesting that the technology can be a cost-effective way to help to reduce the climate impact of aviation and potentially also generate contrail reduction-based carbon credits.

Germany's energy-intensive companies that are part of the domestic fuel emissions trading system will be partially compensated for any risk of carbon leakage caused by higher fuel prices, as the European Commission approved the €6.5 billion scheme on Thursday.

A weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

The international economic and financial architecture and policy priorities must be aligned with the goal of advancing an equitable, global nature economy for nature markets to have an impact on any significant scale, the Taskforce on Nature Markets (TNM) said in its final report, released Thursday.

India is on track to meet its Paris Agreement carbon intensity target ahead of time as reductions are coming faster than previously anticipated, according to media reports.

Czech utility CEZ reported a drop of more than one-fifth year-on-year in its EU coal and gas power output over the first sixth months of the year, in quarterly results published Thursday, joining multiple other Europe-headquartered energy companies in posting much lower generation levels in 2023.