Carbon Pulse

US software giant Salesforce released its Nature Positive Strategy on Wednesday, including details around strengthening its nature-related disclosure metrics as well as a $10-million spend on blue carbon credits.

EU carbon prices resumed their upward trend on Wednesday, setting a new three-week high as the market edged towards the €100 mark in increasingly thin trading ahead of the Easter break.

A viable investment case for near-zero emission steel projects is within reach in Europe and North America, opening up the possibility to put the steel sector on a Paris-aligned emissions pathway by 2030, according to a report released on Wednesday.

Companies with industrial operations in Australia have announced new investment in decarbonisation tech following the passage of the strengthened Safeguard Mechanism through parliament, while the Western Australian EPA has published its final GHG guidance for heavy emitters.

An Australian carbon credit provider has launched an online platform specifically catering for smaller volume transactions, in a bid to provide organisations with lower carbon footprints access to high quality credits.

Oil companies shouldn’t lose sight of the long-term implications for their business models of an eventual peak in fossil fuel demand, despite their citing of energy security concerns and record-high profits on the back of high energy prices prompting sentiment to maintain robust oil and gas production levels, analysts have told Carbon Pulse.

One of Australia’s “Big Four” banks has tokenised Australian Carbon Credit Units (ACCUs) and issued it as a stablecoin on the blockchain as part of a pilot run with a carbon credit tech company.

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

The role is new and will be the first hire in DelAgua’s carbon sales team, presenting an opportunity for the successful candidate to shape a key contributor to DelAgua’s future. The successful candidate will be expected to monetize and trade the company’s carbon assets through different sales channels.

The Massachusetts Department of Environmental Protection (MassDEP) on Tuesday published a stakeholder discussion document detailing its intent to implement a Clean Heat Standard (CHS) as quickly as 2024.

A US-based environmental non-profit released an analysis of the RGGI programme on Tuesday, finding that participation significantly contributed to efforts to reduce CO2 pollution and benefitted consumers, while urging RGGI states to direct improvements arising from the ongoing third programme review towards environmental justice communities.

An offset registry and standards body on Tuesday countered criticism from a recent academic study that alleged over-crediting in improved forest management (IFM) protocols used in both voluntary and compliance carbon markets.

Clean cookstove projects need a carbon credit price of around $10/tonne to maintain the viability of the market and drive innovation, a webinar heard Tuesday, which is far higher than the current levels for standardised spot prices for the sector.

A Toronto-headquartered voluntary carbon credit investor is looking to diversify its existing portfolio of clean cookstove projects with an afforestation and reforestation (AR) endeavour, while reporting a net loss in the fourth quarter, according to a recent financial filing.

On March 29th, a group of climate leaders including Zeke Hausfather of Stripe, Alicia Seiger of Stanford, Elizabeth Sturcken of Environmental Defense Fund, Zack Parisa of NCX, and moderator, Shyla Raghav from CO2 – TIME gathered in NCX’s “Treehouse” in San Francisco to discuss and debate the challenges facing nature-based solutions, and the voluntary carbon market. Here are a few takeaways from their discussion.

Bringing emissions from road transport and buildings into the EU ETS could result in a near 50% reduction in the economic costs of achieving the bloc's climate policies, compared to scenarios that include launching a second regional cap-and-trade market to regulate those two sectors.

A Finnish technology company has launched an artificial intelligence-based product designed to track and monitor forest biodiversity and carbon storage in near real-time.

Australian project developer AgriProve has announced a partnership with the Royal Melbourne Institute of Technology (RMIT) and the Grantham Foundation to improve soil carbon monitoring protocols.

EUA prices pressed higher for a sixth session on Tuesday morning, reaching another three-week high in very thin trading as the holiday period has stripped the market of liquidity before falling back to stand broadly unchanged, while energy prices sank and gave up much of their sizeable gains from Monday.

The EU and US highlighted their “greater than ever” relationship at an Energy Council ministerial meeting in Brussels on Tuesday, while EU leaders will have a more challenging time this week trying to warm up relations with China on the other side of the world.