Carbon Pulse

A South Korea-based project developer and a chemical company have teamed up to pursue an N2O project in Egypt in a bid to generate Article 6 carbon credits from reducing emissions associated with nitric production.

Due to be unveiled within 100 days after the new European Commission takes office, the Clean Industrial Deal will focus on five key priorities, and put energy-intensive industries like steel and chemicals in the spotlight, a senior EU official has said.

Verra's review of the Southern Cardamom REDD+ (SCRP) project that led to its suspension being lifted relied heavily on the findings and claims made by its proponent, raising questions about its independence and presenting structural issues in the standard's environmental and social requirements, according to the human rights group that investigated the activity.

Australian companies are likely to ensure their climate-related reporting is as rigorous as possible as a way to stand out from their competitors, with the new requirements to act as a tailwind for carbon and renewable energy certificate markets, an executive at a market infrastructure provider told Carbon Pulse.

California regulator ARB slipped a second 15-day package late into the night Tuesday with updates to its Low Carbon Fuel Standard (LCFS) that included an additional feedstock under the contentious crop-based cap, sustainability attestation, and stretched crediting periods for some avoided biomethane projects, among other changes.

One of South Korea's biggest refiners is seeking to commercialise a new membrane technology, as it seeks to tap into the international carbon capture, utilisation, and storage (CCUS) market.

A UK and EU ETS tie-up, as well as enhanced collaboration on carbon capture and storage (CCS), are among a number of policies that a think tank has recommended for discussion when UK Prime Minister Keir Starmer and European Commission President Ursula von der Leyen meet on Wednesday.

Eighteen investors managing $22 billion have co-signed a letter asking the US financial regulator to stop Brazilian meat giant JBS from listing in the US following concerns around transparency, human rights, and deforestation.

Analysts at a roundtable during Climate Week NYC said that the regulatory picture was dominating market movements across North American compliance programmes, with policy uncertainty through 2024 weighing on allowance prices in the secondary market.

California's power sector reversed course in August from the previous two months with emissions dropping year-on-year (YoY), as the share of renewables increased and the role of natural gas decreased.

Renewable propane, an often overlooked fuel in the energy transition push, has the potential to be a small but key component in helping to scale up renewable fuel supplies while decarbonising an array of end-uses, and one company says it's working to prove that point.

The Alberta Technology Innovation and Emission Reduction (TIER) programme recorded its lowest spot prices in the past two years, attributed to policy uncertainty, according to a report published Tuesday, while worries of forthcoming credit oversupply also shroud the outlook, market observers said.

A Denmark-based company announced on Tuesday a field test at a US farm to remove methane from dairy barn exhaust using a non-invasive technology.

A cookstove project developer is set to expand operations  from Kenya across ten countries in Africa after securing $5 million of investment.  

Brazil’s renewable energy-based grid stands ready to ratchet up economic growth in a world entering the age of carbon border tariffs and a tech scramble for low-carbon electricity.

A Netherlands-headquartered environmental company plans to develop its first nature credits under Verra’s Nature Framework in mid-2025 as part of a restoration project in Portugal, Carbon Pulse has learned.

A UK energy company has submitted plans for the country’s first utility-scale green hydrogen project to be built in Aberdeenshire.

An automotive company is encouraging its suppliers to buy removal credits that meet a defined set of criteria, as it awaits further clarity from the Science Based Targets initiative (SBTi) on whether carbon removals will be allowed to meet Scope 3 emissions.

The European Commission is looking into extending its Carbon Border Adjustment Mechanism (CBAM) to imports of goods further down the value chain, in a bid to keep downstream manufacturing and processing from leaving the EU.

The Australian government on Tuesday launched two one-month consultations on the biodiversity assessment instruments and methodology determinations of its Nature Repair Market (NRM) scheme, including eligible lands, activities, and monitoring guidelines.