Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 51 min ago
More than half of EU’s big emitting installations no longer participate in ETS, study finds
Around 35% of installations have exited the EU ETS since its inception, while a further 16% have stopped operating, according to a new analysis.
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Wood density an overlooked factor in calculating forest carbon stocks -study
Temperature and soil moisture play a critical role in shaping the wood density of trees, which in turn acts as key factor in determining forest carbon stocks, a new study has found.
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Promising new carbon capture solvent to undergo testing at world’s largest facility
An advanced carbon capture solvent that absorbs up to 95% of CO2 emissions from industrial processes is set to undergo engineering-scale testing in Norway this October.
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Specialist insurance firm, carbon project experts team up to reduce VCM investor risk
A specialist insurance firm has partnered with a carbon project ratings agency and data platform to offer a suite of insurance products aimed at mitigating the risks inherent in the voluntary carbon market.
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Cleantech startup raises $5 mln for DAC in Kenya
A cleantech startup has raised $5 million to build a direct air capture (DAC) facility in the Great Rift Valley of Kenya, which is expected to launch in December.
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Argentine exchange to launch voluntary carbon trading platform
An Argentine marketplace part-owned by the Buenos Aires Stock Exchange is debuting a business scope for carbon credit trading.
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UN biodiversity chief urges countries to speed up efforts as CBD talks kick off
The executive secretary of the Convention on Biological Diversity (CBD) has urged countries to accelerate efforts towards the Global Biodiversity Framework (GBF) targets, as implementation talks begin in Colombia shortly before COP16.
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EU clarifies next emissions monitoring regulation for offshore ships
The European Commission has clarified its rules for extending its monitoring, reporting, and verification system to greenhouse gas emissions from offshore vessels, slightly broadening the list of ships considered to be offshore.
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EXCLUSIVE: Carbon removals from large US initiative to be marketed to European companies under new deal
Carbon removals (CDRs) from bioethanol plants in the US Midwest are to be made available to European companies seeking to achieve net zero emissions under a new deal between the project developer and an environmental markets risk management company, they told Carbon Pulse.
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Stockholm-based clean energy tech firm raises €63 mln to drive heating decarbonisation in Europe
A Swedish clean energy tech firm has raised €63 million to accelerate residential heating electrification and drive decarbonisation across Europe, the company announced on Wednesday.
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German wildfire monitoring solution secures €25 mln to improve AI tools and expand globally
A Munich-headquartered wildfire monitoring company has raised €25 million in a Series B funding round, the company announced on Tuesday.
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EU looks to incentivise lower methane gas globally by pooling buyer demand
The European Commission’s plan to create a ‘You Collect, We Buy’ platform for the joint purchasing of gas and hydrogen should drive up demand for lower emissions fuel around the EU - and support the bloc’s efforts to tackle methane, according to a Brussels official.
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Parties poised to find early agreement on Article 6 in Baku, say EU sources
Long-awaited agreement on Article 6 of the Paris Agreement, which governs UN carbon crediting and international mitigation outcome trade, could be finalised by end of the first week at COP29, according to EU sources.
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Kenya-based carbon removal firm reveals biochar solution from sugarcane waste
A Kenya-headquartered carbon removal company has launched a new biochar solution that aims to sequester carbon, improve food security, and create jobs for women, it announced this week.
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Electricity demand set to rise, but renewable installation must keep pace, flagship IEA report warns
Low-emissions technology, both new renewables and recently resurgent nuclear, will generate half the world's power demand by 2030, yet without investment in electricity grids in particular, global warming is headed for 2.4C above pre-industrial temperatures by the end of the century, according to the International Energy Agency's (IEA's) World Energy Outlook (WEO) on Wednesday.
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Euro Markets: Midday Update
European carbon prices continued to track the TTF market on Wednesday morning, falling away as warmer temperatures dampened demand for gas and power, while weekly positioning data showed investment funds marginally trimmed their bearish bets last week.
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COP16 must address “tidal wave” of ocean acidification, scientists say
Marine scientists have urged governments at the upcoming biodiversity COP16 to ramp up funding for research for ocean acidification (OA) to avoid disaster, in a report published on Wednesday.
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SK Market: Korean October CO2 auction oversubscribed, clears above 10,000 won
South Korea’s latest monthly CO2 permit auction was again oversubscribed, with analysts expecting allowance prices to remain stable around the 10,000 won ($7.35) level in the near term.
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Biodiversity unit methodology launches to ensure Indigenous participation in the market
A Brazilian Indigenous association has released a methodology to issue biodiversity units in partnership with a carbon project developer and a US-based non-profit, planning to soon launch the first pilot across almost 190,000 hectares of forest in the Amazon, the parties announced on Wednesday.
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INTERVIEW: Carbon removal venture buys credits from Indian ERW partner at $200/t
A carbon removal buyers club has signed a deal with an enhanced rock weathering (ERW) company, adding credits from Asia to its portfolio for the first time at an average price of $200 per tonne.
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