Carbon Pulse

Carbon market exchange operator Xpansiv on Tuesday announced it is launching the first California Low Carbon Fuel Standard (LCFS) spot contract this summer, as the clean transportation market continues to grow in relevance.

Stakeholders urged California regulator ARB to separate an increased stringency rulemaking from other Low Carbon Fuel Standard (LCFS) programme design changes also under consideration, in the event the regulator encountered delays in rollout of its forthcoming amendment package, a webinar heard Tuesday.

UK financial institutions are ahead of their counterparts worldwide in setting defined climate goals and implementing climate action, according to a report due to be launched on Wednesday.

Compliance entities regulated under the power sector RGGI programme grew closer to filling their compliance shortfall during Q1 as their allowance holdings nearly matched outstanding CO2 obligations, according to a report published Tuesday.

The first shift in Brazilian carbon market regulation under President Luiz Inacio Lula da Silva has begun after local media reported of an impending scrap of last May's presidential decree from right-wing predecessor Jair Bolsonaro, while a Senate committee has scheduled a hearing on a related bill this week that could draw executive branch backing.

Still more public funding is needed to scale up manufacturing of clean technologies in the EU, industry experts told EU lawmakers on Tuesday, stressing that the entire CCUS sector should also be elevated to 'strategic technology' status in the bloc's proposed Net Zero Industry Act.

A global energy company on Tuesday signed an MoU on with the Vietnam Ministry of Agriculture and Rural Development (MARD), aiming to cooperate on agri-feedstock and nature-based carbon credits.

A Virginia regulatory board next month will vote to approve final amendments rescinding the state’s RGGI-linked cap-and-trade regulation, according to a government notice published Monday, setting the state for potential litigation once the contested move takes effect.

A large-scale biofuel carbon capture and underground storage (CCUS) project in the US that plans to sequester up to 15 mln tonnes of CO2 a year intends to be certified by Finnish standards body Puro.earth, it was announced Tuesday.

Uncertainty over the legal status of voluntary carbon credits has created a minefield for companies dealing with the insolvency of a counterparty, particularly when an intermediary is involved, a conference heard Tuesday.

Voluntary carbon credit buyers should shun forest-based offsets generated through Alaska’s forthcoming state-run programme due to additionally concerns, a research group has warned.

Household vinegar – the stuff you put on your fish and chips – could be a secret ingredient in the fight against climate change, researchers have discovered.

A group of around 150 large companies account for the majority of the world's industrial emissions, of which the overwhelming majority are across their supply chains, a report has found.

RWE announced on Tuesday plans to build a new gas plant and progress on three new carbon capture and storage (CCS) projects in the UK which could capture 11 million tonnes of CO2 per year, as the country continues to scale plans for the technology as part of its net-zero targets.

JPMorgan Chase has signalled one of the world’s biggest corporate commitments to purchasing durable carbon removals by agreeing several long-term deals to buy a total 800,000 tonnes from several startups, the US-headquartered bank announced Tuesday.

Certification firm Bureau Veritas and energy company Engie have partnered to help the maritime sector comply with evolving carbon emissions reduction mandates.

A European soil carbon project developer has agreed a strategic partnership with a Romanian agricultural machinery provider to help it boost emissions reduction activities in the country.

European carbon prices fell by as much as 2.3% on Tuesday morning with somewhat weaker fundamentals keeping prices under pressure and the market testing key technical indicators to the downside following a relatively weak auction.

The Architecture for REDD+ Transactions (ART) Secretariat has rejected a complaint from a group representing Guyana's Indigenous peoples that the country's government did not receive consent from local communities to facilitate the distribution of tens of millions of avoided deforestation carbon offsets.

China’s environment ministry has launched a research project on expanding the nation's emissions trading scheme, rekindling hopes that the market could soon be broadened to also include the biggest-emitting manufacturing industries.