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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 8 min 18 sec ago

Windstorms could threaten forest carbon sequestration, national climate goals, modelling shows

Tue, 2024-10-22 01:19
Windstorms could significantly reduce the ability of forests to act as carbon sinks, posing a major threat to national climate mitigation strategies that rely on these ecosystems to absorb greenhouse gases, according to researchers.
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Germany launches consultation on strategy for negative emissions -media

Tue, 2024-10-22 01:17
The German government has opened its first online consultation to assess CO2 removal and storage methods as part of the country’s planned long-term negative emissions strategy, according to media sources.
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Verra to restructure organisation, cut workforce by 25% amid challenging conditions

Tue, 2024-10-22 01:03
Verra will restructure its organisation and cut its workforce by around a quarter, it announced Monday, as the voluntary carbon standard and registry deals with slowing market demand and mounting financial losses.
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LATAM Roundup: Nature meets carbon in the countdown to COP16

Tue, 2024-10-22 00:53
A Brazilian jurisdictional REDD+ (J-REDD) saga continues to unfold, RenovaBio sees a mixed bag of outcomes, and the world prepares to descend on Cali, Colombia, for the COP16 UN biodiversity conference.
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WWF releases conditions for voluntary biodiversity credits market

Tue, 2024-10-22 00:44
WWF on Monday released the conditions it requires for it to be able to potentially endorse the sale of voluntary biodiversity credits, including no offsetting.
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Public prosecutors demand transparency, local stakeholders consultation in Brazil’s Para $180 mln J-REDD deal

Tue, 2024-10-22 00:37
Brazilian public prosecutors sent a letter last week to the environmental secretariat of Para, demanding transparency in information and public consultation with local stakeholders in the state’s $180-million jurisdictional REDD+ (J-REDD) deal announced last month.
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UK CCUS ambitions potentially ‘misleading’, ‘waste of money’ -report

Tue, 2024-10-22 00:36
The UK government’s recent £21.7 billion funding announcement for carbon capture, utilisation, and storage (CCUS) projects “is low on details and high on rhetoric”, and will likely result in “the waste of public money”, according to new analysis.
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Indonesia’s new president stresses need for energy security, domestic biofuels

Mon, 2024-10-21 22:36
Indonesia will work to enhance its food and energy security with a place for coal in the energy mix, incoming President Prabowo Subianto said in his inauguration speech Sunday, after winning the election in February.
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DAC carbon removal tech efficiency hinges on local climate, researchers find

Mon, 2024-10-21 22:08
The cost and performance of an innovative type of direct air capture technology are heavily influenced by local environmental conditions, a new study has found.
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Euro Markets: Midday Update

Mon, 2024-10-21 21:38
European carbon allowances handed back gains of as much as 1.1% on Monday morning to reach midday marginally weaker on the day, as EUA prices broke away from their link to natural gas amid a resumption of the selling pressure that drove the market down last week.
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Taiwan launches domestic offset platform, mulls cross-border carbon trading mechanism

Mon, 2024-10-21 21:12
Government-backed Taiwan Carbon Solution Exchange on Monday unveiled a platform exclusively for the trading of domestically issued carbon credits, as the island seeks to complement its carbon pricing framework.
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Seaweed company plans for J-Blue credit issuance by next year

Mon, 2024-10-21 20:48
A Japanese blue carbon hopeful has set its sights on Dec. 2025 as the date by which it expects to gain J Blue credit certification for its seaweed farming project, though has made no mention of the numbers of credits it plans to generate.
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Russian carbon registry conducts first int’l sale

Mon, 2024-10-21 18:24
The Russian Carbon Units Registry has conducted its first international sale of carbon credits from a forest project in Krasnoyarsk to an investment fund in the United Arab Emirates, local media reported last week.
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Japanese gas partners sign on for CCS study

Mon, 2024-10-21 18:02
Japan’s largest LNG developer has partnered with a local power company for a joint study on capturing post-combustion CO2 in Japan for transport to Australia for permanent sequestration.
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EU heavy industries should gamble on flexibility -report

Mon, 2024-10-21 09:01
European heavy industries like aluminum and steel should embrace the flexibility that comes with electrification, rather than persist in operating continuously and prolonging dependence on fossil fuels, a report warned.
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The seven sins of heat pump policies in Europe, identified

Mon, 2024-10-21 08:01
The transition to sustainable heating solutions is stalling across European countries due to collapsing heat pump sales, which are putting 170,000 jobs at risk, researchers have warned.
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CFTC: Financials reduce net length across the board, producers build RGGI and WCA holdings

Sat, 2024-10-19 10:06
Financial players cut their holdings across the board of North American carbon in the most recent report from the US Commodity Futures Trading Commission (CFTC), while emitters also reduced their exposure to California Carbon Allowances (CCAs) but built net length in RGGI allowances (RGAs) and Washington Carbon Allowances (WCAs).
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ANALYSIS: Washington’s cap-and-trade observers discuss electricity imports, offsets for linkage considerations

Sat, 2024-10-19 10:00
Washington state's considerations for changes to the Climate Commitment Act (CCA) to facilitate linkage with WCI partners California and Quebec must resolve ambiguity surrounding electricity imports and address varying offset protocols, comments to the draft amendments showed.
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Up to $41 bln in World Bank climate finance is unaccounted for, Oxfam reveals

Sat, 2024-10-19 09:45
Up to $41 billion in World Bank climate finance, almost 40% of the total funds the institution has disbursed over the past seven years, is unaccounted for, according to a new report by Oxfam published on Thursday.
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US DOE invests over $58 mln in CDR technology commercialisation

Sat, 2024-10-19 09:11
The US Department of Energy (DOE) announced $58.5 million in funding on Friday to develop commercially viable CO2 removal (CDR) technologies.
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