Carbon Pulse

The UN's international aviation offsetting scheme could provide the foundation for generating strong voluntary carbon trade and lead to much-needed standardisation in the market, but demand may take time to materialise and governments need to step in to send investors a clear signal, according to a carbon exchange CEO.

The two new EU commissioners-designate responsible for climate policy are preparing for a high-stake confirmation hearing in the European Parliament next month, amid a dispute between political groups over the timing of the interviews.

A startup converting agricultural waste into syngas using solar energy for the production of carbon-neutral synthetic fuel described the technology as “low hanging fruit” for scaling up sustainable fuels for aviation and maritime.

European carbon prices corrected lower for much of the morning following two highly bullish sessions, with multiple participants citing the influence of a London conference as boosting sentiment in recent days, as easing gas prices on Friday also pressured EUAs to undo some of their strength.

Prices in China's CO2 allowance market remained above 100 yuan ($14.15) after the Golden Week holidays, with a surge in weekly trading volumes amid growing compliance demand.

UK-headquartered conservation company Environment Bank has partnered with Barclays bank to hasten the biodiversity net gain (BNG) policy uptake among England-based farmers and house builders.

The European Commission has issued draft rules establishing a Union database to ensure only certified green fuels are counted for the achievement of EU decarbonisation targets, while avoiding any risk of fraud or double counting.

Beijing will give priority to carbon credits generated within the region, allowing emitters to use more locally created units to offset part of their obligations under the local emissions trading scheme.

Denmark has published a national biochar strategy that outlines how the government plans to use the carbon removal process to meet its climate neutral 2045 target, and 2050 carbon negative target.

The Species Protection Index (SPI), among the indicators of the Global Biodiversity Framework (GBF), could have a crucial role in building the foundations of the nascent biodiversity credit market, its developers told Carbon Pulse.

An affiliate under South Korea's ocean ministry is preparing measures to increase the country's blue carbon resources, with focus on the introduction of an offset programme and the cultivation of seaweeds.

ACX has moved its clearing house to Singapore from Abu Dhabi to better deal with the 'realities' of the voluntary carbon market, the exchange operator told Carbon Pulse, as it unveils an updated trading platform.

Another peer-reviewed paper has found “extreme levels of non-compliance” in Australian human-induced regeneration (HIR) projects, despite the Clean Energy Regulator (CER) continuing to claim the carbon credit scheme is sound.

Australia’s Clean Energy Regulator has launched a consultation on its Australian Carbon Credit Unit (ACCU) registry and exchange currently in development.

Futures and options trade of California Carbon Allowances (CCA) surged across ICE and Nodal exchanges over the five day stretch as markets await programme updates, while muted activity in Washington Carbon Allowances (WCA) continued through the period.

The US carbon capture and storage (CCS) sector needs higher credit values and certainty beyond the current crediting timeline to catalyse growth, conference attendees heard this week.

Chilean climate policies must send clear signals of stability in order to unleash additional investments and unlock the country’s potential for nature-based projects, an IETA representative said Wednesday.

Current US policy incentives fall short of supporting sustainable aviation fuel (SAF) rollout, prompting producers to target markets with mandates in the near-term, industry members told Carbon Pulse.

With under a month to US elections, Carbon Pulse’s North American team has sourced insights from a wide network of policy analysts and industry stakeholders on some of the key environmental issues potentially at stake depending on which candidate occupies the White House next year.

The US Department of Energy (DOE) released a draft of its annual carbon management programme strategy on Thursday to show its pathways for deploying CO2 capture, transportation, conversion, and storage technology, as the agency looks toward allocating the remaining funding from the Bipartisan Infrastructure Law, also known as the Infrastructure Investment and Jobs Act (IIJA).