Carbon Pulse

Subscribe to Carbon Pulse feed Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 12 min ago

WCI Markets: CCAs pushed lower, WCAs driven up on low volume

Fri, 2024-05-03 09:43
California Carbon Allowance (CCA) prices trickled lower through the week as traders said option strategies were driving wide day ranges, while Washington Carbon Allowances (WCA) rose on ongoing muted activity.
Categories: Around The Web

German govt notified Brussels of intent to cancel up to 12 mln EUAs due to coal-fired generation capacity closures

Fri, 2024-05-03 08:41
The German government has notified the European Commission that it intends to voluntarily cancel up to 12.25 million EU Allowances to counter the market impact from the 2022 closure of electricity generation capacities at two ETS installations in the country.
Categories: Around The Web

Carbon removals stakeholders urge immediate investment to avoid future supply shortage

Fri, 2024-05-03 02:24
Executives at two carbon removals firms have called for urgent investment to ensure the nascent technology-based sector develops fast enough for corporations to meet net zero goals.
Categories: Around The Web

Adjusted carbon credits don’t necessarily equate to high quality, say experts

Fri, 2024-05-03 02:17
Credit quality is more dependent on the certifying carbon standard and methodology than whether it has been authorised for corresponding adjustments by a host country government under the Paris Agreement, according to speakers on a webinar.
Categories: Around The Web

Scottish consultancy has 7,000-ha pipeline of peatland restoration projects

Fri, 2024-05-03 01:33
Caledonian Climate has approximately 7,000 hectares collectively of peatland restoration projects in the pipeline with clients for 2024-25 in Scotland, many of which will probably be eligible for generating biodiversity credits, an executive has said.
Categories: Around The Web

California March emissions drop to record lows as renewables output rises, natural gas retreats

Fri, 2024-05-03 01:25
California electricity sector emissions continued to fall to record lows in March, as renewables expanded their share of the state's energy supply, while natural gas again receded, data published Wednesday showed.
Categories: Around The Web

EU green steel scale-up is stymied by higher cost of materials, study finds

Fri, 2024-05-03 00:57
The high price of cleaner materials is threatening the economic viability of producing green steel in Europe, requiring far higher taxes or incentives to drive the shift from grey steel, or more imports of iron ore, according to research published on Thursday. 
Categories: Around The Web

Mengniu releases dairy industry’s first nature-related report based on TNFD recommendations

Thu, 2024-05-02 23:25
A Chinese dairy giant has become the first company in the industry to release its nature-related information disclosure on risks and impacts based on the Taskforce on Nature-related Financial Disclosures (TNFD) guidelines, the firm announced Thursday.
Categories: Around The Web

Shell urges shareholders to vote down tougher Scope 3 emissions targets as it unveils bumper oil and gas profits

Thu, 2024-05-02 23:17
Shell unveiled Thursday better than-expected profits of $7.7 billion in the first quarter, and announced it would buy back $3.5 bln worth of shares over the next three months, as it sought to ward off a showdown with investors over its Scope 3 emissions.
Categories: Around The Web

Mismatch in Rimba Raya forestry concession licence, carbon accounting area size not addressed in verification report

Thu, 2024-05-02 23:09
Controversy continues to surround the Rimba Raya Biodiversity Reserve project after Verra was unable to comment on a mismatch in the project boundary and forestry licence area, which was reportedly cited by the Indonesian government as a reason for cancelling the contract of the concession holder for the giant REDD+ project.
Categories: Around The Web

‘Key things have changed’ in Article 6 negotiations since COP28, says lead UK negotiator

Thu, 2024-05-02 22:51
The UK’s lead negotiator on Article 6 carbon markets negotiations has said that key aspects of the negotiations have changed in the months since parties failed to reach an agreement last December at COP28 in Dubai.
Categories: Around The Web

Assessments of biodiversity impacts of corporate carbon credits revealed

Thu, 2024-05-02 22:26
US corporations Delta Air Lines and Chevron are among the companies purchasing low percentages of carbon credits associated with stronger biodiversity scores, according to a study that relies on a new metric.
Categories: Around The Web

Global carbon capture tech “prohibitively expensive”, Indian companies should use domestic solutions instead -official

Thu, 2024-05-02 22:00
Carbon capture technologies offered by foreign companies are prohibitively expensive, however, the use of domestic technologies can help Indian companies bring down the costs of decarbonisation drastically, an official told a webinar Thursday.
Categories: Around The Web

ANALYSIS: More nature-related shareholder proposals trigger corporate resistance

Thu, 2024-05-02 21:36
Investor interest in nature has ramped up in this year’s voting season, boosted by some of the first calls for standard-aligned biodiversity disclosures, with financiers hailing a surge in awareness despite more corporate resistance.
Categories: Around The Web

Agri-carbon investor adds 300k hectares in Ukraine to voluntary credit programme

Thu, 2024-05-02 21:24
A European climate tech investor, specialising in decarbonising agriculture, has added 300,000 hectares of farmland in western and central Ukraine to its carbon programme, which will then be certified for voluntary soil-based credits from more sustainable practices.
Categories: Around The Web

Euro Markets: Midday Update

Thu, 2024-05-02 21:22
European carbon prices jumped sharply on Thursday morning, following a leap in natural gas prices, as speculative traders were said to be further reducing their short positions in carbon after Wednesday's Commitment of Traders data showed investment funds had trimmed their overall bearish bets for a third week in a row.
Categories: Around The Web

ANALYSIS: ‘Old habits die hard’ as polluters continue to surrender EUAs in April despite deadline shift

Thu, 2024-05-02 20:21
Compliance entities have continued to surrender large volumes of European carbon allowances in April despite the deadline moving to the end of September this year, with analysts attributing this to a case of 'old habits die hard' given the limited finanical benefit for giving up the permits in advance.
Categories: Around The Web

World could miss Paris temperature target by factor of 100% -report

Thu, 2024-05-02 19:51
The world is far off track to keep warming to 1.5C above pre-industrial levels or the temperature needed to avoid catastrophic climate change, according to research released Thursday.
Categories: Around The Web

Korean tech firm launches carbon verification services, supports exporters to meet EU data disclosure rules

Thu, 2024-05-02 19:42
The tech arm of a South Korean conglomerate has launched verification services to help domestic emitters cope with tighter data disclosure requirements proposed by the EU, it announced Thursday.
Categories: Around The Web

PepsiCo biodiversity disclosure proposal receives 18% of votes

Thu, 2024-05-02 19:07
Approximately 18% of shareholders at drinks giant PepsiCo voted in favour of a resolution to disclose its biodiversity impacts on Wednesday, Carbon Pulse has learned.
Categories: Around The Web

Pages