Carbon Pulse

Attendees of Australia’s first Global Nature Positive Summit lauded the government for hosting the event, but the current political troubles it faces and lingering questions over how to incentivise private sector investment are not going away.

South Korea has proposed a set of sub-rules to supplement the country's national law for the development of carbon capture, utilisation, and storage (CCUS), specifying facility standards for project operators.

Gold Standard is seeking carbon project developers to test run its new digital measurement, reporting, and verification (dMRV) tool that will automate data collection and help streamline emissions reporting.

California regulator ARB’s latest issuance of compliance-eligible offsets still trails year-to-date (YtD) totals compared to 2023 levels by nearly 20%, agency data released Wednesday showed.

Canada will move forward with mandating climate-related financial disclosures for large, federally incorporated private companies, the federal government announced Wednesday, and also provided detail on progress towards a Canadian taxonomy for sustainable investment.

Uncertainty surrounding permit approval timelines for US carbon capture and storage (CCS) projects has become a major “pain point” for operators in the country and stifled much-needed progress in the industry, conference participants heard Wednesday.

Verra replaced its prior cookstoves protocols on Wednesday, retaining the UN approach to calculate emissions reductions from its initial version, but eliminating opportunity for other devices such as ovens, heaters, and dryers, to generate voluntary carbon credits.

Over 10 million hectares of intact tropical forests in Indonesia are threatened by biomass power developments, including 127 Key Biodiversity Areas, according to a report.

Chile is leading Latin America in per capita foreign direct investments (FDI) thanks to how attractive the nation has become as a climate finance destination, the country’s economy minister said Wednesday.

Two industry associations filed a lawsuit on Tuesday against California regulator ARB for its medium- and heavy-duty vehicles rules, alleging that the stricter emissions standards are unconstitutional.

The US Department of Energy (DOE) announced $29 million in funding for 12 carbon capture, utilisation, and storage (CCUS) projects on Wednesday.

Chile and the World Bank have launched a multi-year programme to support the development and harmonisation of carbon pricing initiatives in the South American country, representatives of both entities announced at the Chile Carbon Forum in Santiago on Wednesday.

Argentine legislators are drafting a national voluntary carbon market (VCM) law, coinciding with plans for an ETS, according to speakers at the Chile Carbon Forum in Santiago on Wednesday.

Canada pledged Wednesday to spend at least C$10 million ($7.3 mln) by 2030 to procure CO2 removal (CDR) services as part of a national strategy to reduce and compensate emissions from governmental operations.

Washington’s Allowance Price Containment Reserve (APCR) sale for the year sold about a third of the permits offered at a premium of about 41.2% compared to the secondary market futures price despite potential for the programme being scrapped by voters at the November elections, results published Wednesday showed, with traders debating how many and why any bidders had participated in the sale.

LATAM Airlines is looking to support carbon and biodiversity projects in Latin America as it strives to meet its sustainability goals without any regional sustainable aviation fuel (SAF) at its immediate disposal, the airline’s sustainability manager said Wednesday.

The UK’s plan to integrate greenhouse gas removals into its Emissions Trading Scheme (ETS) is designed to boost demand for credits at a time when the UK market faces turbulence and uncertainty, speakers said at Carbon Forward Expo London on Wednesday.

Chilean voluntary carbon market (VCM) stakeholders are launching a national carbon association in partnership with VCM standard and registry Verra, as per an announcement at the Chile Carbon Forum in Santiago on Wednesday.

A European Commission official said there is “no need to panic” about running out of EU ETS allowances in 2039, due to the expansion of the system’s scope to include additional sectors and auctioning of allowances for aviation.

Despite the growing interest in green hydrogen as a way to decarbonise hard-to-abate sectors, its high carbon abatement costs — driven largely by storage and distribution expenses — may hinder widespread adoption, according to new research.