Carbon Pulse

An initiative to generate biodiversity credits across more than 300,000 hectares in Uganda and Zambia has been speaking with authorities about creating enabling policy, Carbon Pulse has learned.

The body mandated to shape the UN's Article 6.4 carbon crediting mechanism has adopted a sustainable development tool, as it also scrambles to ready guidance ahead of COP29 next month.

In order to scale, the voluntary carbon sector must shift its approach, adopt a more conservative stance to crediting, and move past the “the myth of fungibility”, a senior executive at Amazon told Carbon Pulse.

Manufacturers across the globe are bracing for new ecodesign reporting obligations in Europe, with full disclosure of the carbon content and wider environmental footprint of products soon becoming obligatory for any company placing goods on the EU market.

An Australia-headquartered energy firm has teamed up with a Japanese government affiliate to collaborate on improving methane emissions management with new technology.

The price of Australian Carbon Credit Units (ACCUs) has reversed the gains it made last month which saw a record 4.1 million units traded, according to analysis.

Australia spends around 50 times more on subsidising activities that harm the environment than it spends on helping it, according to a first-of-its kind report examining government payments published Monday.

Two companies have teamed up to offer airlines a one-stop solution for climate action via a portfolio of voluntary credits that includes those eligible for the UN's international aviation offsetting scheme.

Oregon released draft rules to update their Clean Fuels Program (OCFP) after market close Friday, following in the footsteps of California’s near midnight Eastern publication earlier in the week of their Low Carbon Fuel Standard (LCFS) rulemaking changes.

Traders increased net length across their holdings of California Carbon Allowances (CCAs), RGGI Allowances (RGAs), and Washington Carbon Allowances (WCAs), according to this week's data released Friday from the US Commodity Futures Trading Commission (CFTC).

The sustainable aviation fuels (SAF) industry is unlikely to scale without cohesive policy measures across jurisdictions, the sustainability lead at a major US airline said Thursday.

Washington state’s Department of Ecology (ECY) will offer the most number of current year permits of all the auctions held in 2024 at its final sale in December, along with future vintage allowances despite the looming risk of programme repeal in November, according to a notice published by the agency on Friday. 

An Emirati resolution to establish a national registry of carbon credits aligned with Article 6 of the Paris Agreement earned special mention at the World Green Economy Summit held in Dubai this week.

The US Supreme Court (SCOTUS) has denied stay applications filed by Republican-backed states against the Environmental Protection Agency (EPA)’s rules to limit methane output from the oil and gas sector.

Talks at the International Maritime Organisation (IMO) this week concluded with some promising signs for the introduction of a carbon levy but still no significant advances.

A proposal to impose tariffs on China-made electric vehicles has received clearance from the EU's 27 member states, in efforts to support the competitiveness of the bloc's auto industry.

The inclusion of the maritime sector in the EU ETS has not led to a reduction in port calls or container movements at EU ports, nor in trans-shipment activity, according to a preliminary report by the European Commission.

Project developers should embed gender considerations into the design, implementation, and monitoring of carbon credit projects to boost market integrity and improve project outcomes, according to recent research.

Demand for carbon credits aligned with Article 6 of the Paris Agreement is not going to suddenly spike if an agreement on rules to operationalise UN international carbon markets is found at COP29 at the end of the year, a senior EU negotiator told Carbon Pulse.

European carbon prices were set to record their sixth five-day decline in the last seven weeks, coming within range of a key suport level as selling pressure continued to push the market to new six-month lows, while gas markets stalled and UK Allowances resumed their decline.