Carbon Pulse

An Australian news website specialising in domestic climate and carbon policies this month ceased publication and has begun contacting subscribers for refund arrangements.

China’s top independent power producers (IPPs) stand to benefit from moderating coal prices over the next twelve months, lifting their credit profiles and enabling them to be better placed to execute China’s energy transition goals, research from a ratings service has found.

South Korea is calling for proposals for international demonstration projects in order to kickstart its participation in the Partis Agreement carbon market.

AGL Energy on Monday began its phased shut down of the 52-year-old Liddell coal fired power station, as the price of Australian Carbon Credit Units (ACCU) slipped amid limited trading.

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

Financial entities raised their California Carbon Allowance (CCA) holdings to levels not seen since last winter, while emitters similarly boosted their North American carbon market net positions as WCI prices soared to 7-month highs, data from the US Commodity Futures Trading Commission (CFTC) showed Friday.

A summary of legislative, regulatory, and policy action on carbon, clean fuel standard, and clean energy markets at the US federal and subnational levels this week, including the advancement of several climate bills in the California Senate, a court decision on a Maine hydroelectricity line, Vermont's Affordable Heat Act passing the House, and a carbon offsets bill in Texas.

The US Department of Commerce is recommending $562 million from the Bipartisan Infrastructure Law be used to fund climate resilience projects across 30 states, Vice President Kamala Harris announced on Friday.

The Chilean government this week published a resolution that will prevent renewable electricity providers from having to pay into the country’s $5/tonne carbon tax which subsidised fossil fuel-fired generation.

The UK ETS is instrumental in achieving the country's net zero emissions goals and enhancing opportunities for carbon investors, but the British government's commitment to implementing reforms necessary for a robust carbon market has been overlooked amid the mainstream media’s focus on the lack of green industry incentives, write Ruben Lubowski and Callum Lee, Lombard Odier Investment Managers.

Portugal's carbon tax for air- and sea-based travel will be extended to private jet flights with a capacity of up to 19 passengers.

Efforts to create an EU carbon removals market face an uphill struggle as the option is set to be disregarded by the lead lawmaker on the issue, according to parliamentary sources.

Strong regulation on tokenising climate and biodiversity credits is urgently needed to avoid claims of greenwashing and mis-selling to consumers, a think-tank warned Friday, adding that the environmental impact of mining crypto assets was downplayed in legislation passed by the bloc's parliament this week.

A first-of-its kind technology to filter environmental DNA (eDNA) from air samples to monitor terrestrial biodiversity will scale as a commercial service from a collaboration announced Friday, on the heels of an eDNA marine sampling partnership launched earlier in the week.

After a warm and dry winter, Europe enters the spring with concerns over whether last year's extremely low hydro power generation may repeat, as weather experts predict likely heatwaves and drought over the coming months that may significantly tighten clean energy supply and crank up EUA demand.

The Zambian government has said will not downgrade the protected status of a key forest in the country and will instead seek to fund its conservation through carbon finance.

EUAs dropped to test technical support at a three-week low in Friday morning trading as sentiment continued to turn bearish as the compliance buying season neared its end.

Weekly trading volume in China’s national emissions market improved from the previous week, though the spot price for Chinese CO2 allowances was dragged down by a block deal amid sluggish demand.

A Japanese shipping giant has set a target to remove over 2 million tonnes of CO2e by 2030 by investing in carbon removal projects, the company announced on Friday in an update on its climate and environmental targets.

Australia it will launch a sovereign green bonds programme next year as well as develop a sustainable finance taxonomy, in a bid to encourage greater, more transparent private sector investment in the energy transition.