Carbon Pulse
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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 17 min ago
Digital marketplace launches API link to integrate tokenised credits into company’s DNA
A digital marketplace has launched a new service to seamlessly integrate carbon credits into a company’s products and services.
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Agtech firm, oil major partner to offer “high-trust, low-cost” MRV to farming sector
A US-based agtech firm has teamed up with an oil major to offer a “high-trust, low-cost” carbon measurement and verification system to help the farming sector improve its sustainability practices.
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Indonesia continues to slow down deforestation rates
Indonesia’s deforestation rate fell 8.4% in 2021-22 and is now at its lowest levels in two decades, according to government data.
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Carbon offsetting “crucial” but don’t over-rely on it for net zero, UK construction industry told
The UK’s construction industry should implement an internal carbon price and seek other emissions reduction measures instead of over-relying on offsetting to reach its climate action targets.
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Euro Markets: Midday Update
European carbon prices made laborious gains on Tuesday morning before falling back to stand only marginally higher at midday, as energy prices edged up as renewable generation was forecast to fall.
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Japanese, French firms target Malaysia for CCS supply chains
French energy major TotalEnergies and Japanese conglomerate Mitsui have teamed up with Malaysia's Petronas to develop a CCS supply chain in the Southeast Asian country, they announced Tuesday.
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GEF Council approves record spending on environment, begins talks on biodiversity fund
The governing body of the Global Environment Facility (GEF) has approved the spending of a record $1.4 billion on accelerating efforts to combat biodiversity loss, climate change, and pollution, while its ongoing meeting in Brasilia has also begun discussions on designing the Global Biodiversity Framework Fund.
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European Parliament committee rejects revised nature bill, moves to full assembly
The European Parliament’s environment committee (ENVI) rejected their amended text of the disputed nature restoration bill on Tuesday by the narrowest possible margin, passing the divisive legislation onto an uncertain development in the full assembly.
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Singapore’s exchange, monetary authority to collaborate with Bloomberg-backed climate data project
Singaporean financial entities have signed MoUs to supply foundational data to the recently established Net Zero Data Public Utility (NZDPU), they announced Tuesday.
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More institutional support needed for green hydrogen development in China -WEF
China, the world’s largest hydrogen producer and consumer, should map out more strategies to support the development of green hydrogen given that its current hydrogen production is largely grey, according to the World Economic Forum (WEF).
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Australia proposes staged approach to climate-related disclosures in new consultation
The Australian government has opened up the next round of consultations on its proposed climate-related financial disclosure rules, which lays out the timeline of when the standards would be introduced and which entities it would apply to.
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ANALYSIS: Limited evidence of ‘greenhushing’ in voluntary carbon market following scandals
Recent negative media coverage has mainly affected sentiment and prices in the voluntary carbon market rather than the amount of credits retired, and does not seem to have led to an tangible increase in anonymous activity whereby corporates attempt to keep quiet about their market involvement.
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South Pole becomes latest to launch a climate contribution label
Project developer and carbon credit intermediary South Pole has launched a new climate claim with an accompanying label, aiming to help companies cover their residual emissions with carbon credits beyond their own value chains to avoid allegations of greenwashing.
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Tropical forests shrank 10% globally in 2022, last year of Bolsonaro’s Brazil presidency
Fewer trees were lost worldwide in 2022 than a year earlier, according to a report published Tuesday, but only because Russia avoided a repeat of its terrible wildfires while there was still a rise in the loss of tropical forests in what was Brazilian far-right president Jair Bolsonaro’s final year in office.
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Australia Market Roundup: CSIRO launches soil database, more HIR projects credited
Australia’s peak scientific body has launched a new tool for farmers and land managers to analyse and compare different soil types across the country, as the Clean Energy Regulator credits more human-induced regeneration projects.
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US EPA working with partners to develop new global carbon market methodology for clean cookstove projects
The US Environmental Protection Agency (EPA) is working with several international organisations to develop a new global methodology for clean cookstoves, in an effort to strengthen that beleaguered segment of the voluntary carbon market.
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Senior Scientist, Global Methane, EDF – Various Locations (US)
The Senior Scientist, Global Methane will play a key role in leading, coordinating, and supporting science projects related to methane emissions from fossil fuels (i.e., oil, gas and coal). Minimizing methane emissions from fossil fuels is a core part of EDF’s energy and climate work.
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Carbon Project Development Manager (Forestry), International Consultancy – London/Paris
An international climate consultancy and developer is seeking a Carbon Project Development Manager (Forestry) to join their experienced team. The ideal candidate will have experience in forestry project development, carbon methodologies, and offsetting. They will be responsible for managing a team of project development consultants, evaluating project development opportunities, and securing a pipeline of in-house forestry-certified projects.
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EU ETS should be “centrepiece” of bloc’s 2040 climate efforts -consultation
The EU ETS should be a climate policy "centrepiece" in the next decade as the bloc strives to make major strides towards reaching net zero emissions, according to respondents to a consultation on what the bloc's 2040 climate target should be.
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Washington state previews rulemaking to cover imported power in carbon market
The Washington Department of Ecology (ECY) on Monday announced a rulemaking to ensure certain electricity importers are assigned a compliance obligation under the state’s WCI-modelled cap-and-invest programme.
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