Carbon Pulse

Voluntary emissions reduction (VER) generators are still facing disproportionate levels of scrutiny compared to the behaviours of corporate buyers, despite efforts of project proponents to work with communities and incorporate more social and economic goals, a REDD+ developer said Wednesday.

California Carbon Offset (CCO) issuances hit a four-month low this week as state regulator ARB doled out fewer than 200,000 new credits, according to data published Wednesday.

A proposed Quebec liquefied natural gas (LNG) terminal may provide few long-term climate benefits if constructed, with declining future foreign demand potentially making the facility redundant, according to a government report published Wednesday.

Another surge in EUA prices risks Poland’s electricity supply if the EU fails to intervene, the country’s biggest power generator PGE warned on Wednesday as Polish and EU officials touted prospects for the bloc's recovery funds to clean the grid.

California Low Carbon Fuel Standard (LCFS) prices came off this week due to several possible factors, including entities reportedly looking to import Brazilian ethanol and abundant renewable diesel volumes weighing on credit values.

RGGI states may struggle to find ways to insulate the scheme from bankruptcy filings, with New York aiming to examine all elements during the upcoming programme review process, regulatory sources told Carbon Pulse.

EUAs slid for a second day on Wednesday but found buyers just above technical supports despite ongoing weakness in energy markets, as trading data showed the number of participants in the market reached a new all-time high.

Beijing plans to set up a trading centre for voluntary carbon trading, the municipal government said Wednesday, a move seen as positioning the capital as the key hub for the voluntary market after Shanghai landed the right to serve the national compliance market.

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The EU cannot neglect the projected growth in emissions from least-developed countries (LDCs) when designing its carbon border adjustment mechanism (CBAM), an IPCC senior advisor said on Tuesday.

California regulator ARB spent months evaluating whether to open offset investigations after discovering potential regulatory violations at two livestock projects, according to documents obtained by Carbon Pulse.

A Washington State Senate committee moved a WCI-aligned cap-and-trade bill closer to a full floor vote on Monday, though lawmakers inserted a provision that will tether the programme’s implementation to the enactment of a transportation funding package.

EUAs fell 3.3% on Tuesday, giving back the previous session's gains as wider markets weakened on fears about how renewed coronavirus restrictions will hit consumer demand and impede an economic recovery.

Analysts have raised their short-term outlook for EU Allowances as new investors continue to stream into the market amid the start of a “carbon supercycle”.

US biofuel credit (RIN) values surged on Tuesday on strong bean oil prices and the reopening of a gasoline arbitrage, erasing much of the losses sustained under the Renewable Fuel Standard (RFS) last week.

China needs rapidly rising prices in its emissions trading scheme and a modest carbon tax for non-covered sectors in order to stand a chance of meeting its climate ambitions, but even then it will have to rely on technological progress, one of the country’s top investment banks said Tuesday.

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South Korea has issued its first batch of Korean Offset Credits (KOCs) generated abroad and intended for use in its domestic emissions trading scheme.

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Oil major BP saw a 10.1% drop in its 2020 full-scope GHG emissions as sales fell sharply due to pandemic restrictions, it said on Monday, reporting less of a decrease than that of its main rival Shell.