Carbon Pulse

A Netherlands-based startup has raised €1.2 million in pre-seed funding to help finance its mission to produce carbon-negative food and make factory farming obsolete.

The European Commission has launched a partnership with 25 stakeholders across energy-intensive industries to help their workforce adapt to the green transition.

A carbon financier is investing $15 million into post-wildfire restoration projects in the US that are expected to generate carbon credits more valuable than typical afforestation, reforestation and revegetation (ARR) projects.

European carbon extended its gains for a fourth day as traders covered short positions, while commitment of traders data showed that investment funds had built the second-largest net short position since records began.

A body advising the European Commission on rules as to how the bloc classifies green activities has recommended that biodiversity offsets are not included within the scope of the legislation.

A major carmaker in South Korea has teamed up with two government bodies to help preserve the country's marine ecosystems in a bid to achieve greenhouse gas reductions, generate blue carbon credits, and enhance biodiversity.

Analysis firm S&P Global Sustainable1 on Wednesday launched a data set analysing nature and biodiversity risk for more than 17,000 companies, as it released research showing 85% of the world’s biggest companies depend significantly on nature for their operations.

The Australian Carbon Credit Unit (ACCU) price has been trading largely sideways for the better part of a month, as an industry body urged the government to provide detail on key policy decisions facing the market. 

The government of Ecuador has closed the world’s biggest debt-for-nature swap arrangement to date that establishes a $656-million bond linked to conservation of the biodiversity-rich Galapagos Islands.

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

UK carbon allowances will pare recent losses to average around £70 for the remainder of the year but will remain valued below their EU counterparts amid policy uncertainty and supply and demand factors, analysts predicted in Carbon Pulse's inaugural UKA price poll.

Pennsylvania’s membership in the power sector RGGI carbon market would cause allowance values to fall significantly and yield CO2 abatement with little change in electricity prices, according to new modelling published Tuesday.

The price of D3 RINs jumped in recent days following a media report that the US EPA may delay a proposal that would permit electric vehicles (EV) automakers to earn Renewable Fuel Standard (RFS) credits by using renewable electricity produced from biogas.

Most EU lawmakers on Tuesday voiced their support for a proposal that would ban the bloc's companies from relying on carbon credits when making sustainability claims to consumers, suggesting a smooth passage for the plans in a vote due later this week.

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The European Environment Agency (EEA) published a note on Tuesday outlining the declining trends in biodiversity across the continent and highlighting how restoration will benefit both nature and social objectives, key points in the wake of parliamentary ruckus surrounding the bloc's proposed Nature Restoration Act.

Voluntary avoidance credits continued to soften over the past week as the macroeconomic climate of higher interest rates and slowing economic growth undermined corporate demand during a growing glut of available supply in the market.

The UK government will require mandatory reporting by oil and gas firms operating in the North Sea in efforts to create a “treasure map” of potential CO2 storage sites, aiming to affirm overall storage capacity to help attract private investment.

EUAs traded higher for a third day in a row amid modest volume on Tuesday morning as bulls continued to steer the market clear of the 200-day moving average, while energy prices resumed their steady declines as storage supplies continue to rise faster than historic trends.