Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 59 min 11 sec ago
Singapore, Ghana issue first call for Article 6 projects
Singapore and Ghana on Monday issued their first call for projects under their Article 6 partnership, having set out the procedures for the authorisation of carbon offset projects meant to channel financing towards emissions reduction or removals in the African country.
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INTERVIEW: Making fuels from plastics using hydrogenolysis moves one step closer
Researchers at a Swiss university have made an important advance in the use of a hydrogen-based process for the chemical recycling of plastics, which could ultimately enable the conversion of plastic waste into fuels.
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Over 50 firms sign carbon removal standards commitment
A total of 55 companies have signed the 'Carbon Dioxide Removal Industry Commitments', which aim to establish new standards to scale carbon removal in a bid to keep temperature warming to Paris Agreement goals.
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BRIEFING: Coal still central to emissions-heavy steelmaking, commodities report finds
Metallurgical coal demand is not decreasing in the short or medium term despite calls for steelmakers and the iron ore miners who supply them to cut emissions using new technology.
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LATAM Roundup: J-REDD is king at Climate Week, Colombia releases H1 CO2 tax stats
Jurisdictional REDD+ (J-REDD) starred at Climate Week NYC, and Carbon Pulse has analysed new data about Q2 retirements toward Colombia’s carbon tax, in the week ending Sep. 29.
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National biodiversity plans do not go far enough, WWF tracker finds
Many of the national biodiversity plans that have been submitted in time for COP16 do not go far enough, WWF said on Monday following the launch of a tracker tool.
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Malaysia releases updated national climate change policy
The Malaysian Ministry of National Resources and Environmental Sustainability (NRES) on Monday announced an updated climate change policy, which includes a new framework for the country’s transition towards a low-carbon economy.
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DATA DIVE: EU industrial demand destruction continues in 2024
Industrial emission levels in the EU are plunging to new lows in 2024 as weak output has continued to reduce demand for EUAs in a major way more than two years after the energy crisis triggered by Russia’s invasion of Ukraine.
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Euro Markets: Midday Update
European carbon allowance prices began the week on a lacklustre note, giving up a large portion of Friday afternoon's gains even as natural gas posted a fourth day of gains and the annual permit compliance cycle came to an end.
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EU releases draft rules to calculate GHG savings from low-carbon fuels, hydrogen
The European Commission launched a public consultation Friday on the methodology to calculate the greenhouse gas savings obtained from low-carbon fuels such as hydrogen, taking into account a range of factors such as the carbon intensity of a country’s electricity grid.
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German non-profit, Swiss foundation buy first nature units from project in Malawi
A German non-profit and a Swiss foundation have purchased the first batch of nature units generated from a conservation project in Malawi.
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Duo seeks to slash livestock farming emissions with seaweed additives in Japan
A Tokyo-based microalgae solution provider has teamed up with an Australian company to promote seaweed-added feed additives, in the hope of decarbonising Japan's livestock sector.
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Azerbaijan applies to host 2026 biodiversity COP
Azerbaijan has officially submitted a bid to host the COP17 UN biodiversity summit, as the country prepares for the COP29 climate conference in Baku later this year, the government announced on Monday.
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ANALYSIS: China steel sector braces for carbon market, capacity policies
The decarbonisation progress of China's steel industry in the coming few years will likely hinge on recent regulatory developments, including the expansion of the national carbon market, according to experts.
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INTERVIEW: ‘We never liked CBAM’ – Europe’s aluminium industry rails against EU green trade policies
The aluminium industry is grappling with implementation headaches linked to the EU’s Carbon Border Adjustment Mechanism (CBAM) just as Europe is being flooded by cheap aluminium imports from China, amid general indifference from EU trade authorities, the sector’s business association told Carbon Pulse in an interview.
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Agricultural companies short on board-level biodiversity expertise, expert says
Not enough companies linked to the agricultural supply chain have board-level expertise in biodiversity, despite the surge in nature commitments, according to an executive at Morningstar Sustainalytics.
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COP partnership seen to open up for climate opportunities for Australia, Brazil
Opportunities for closer cooperation on natural capital, decarbonisation, and carbon markets between Australia and Brazil could be on the horizon if the latter is successful at securing its bid to host COP31 in 2026, panellists told an event Friday.
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Ancient log discovery points to wood burial as durable, low-cost carbon removal solution
The discovery of a 3,775-year-old perfectly preserved log has led scientists to believe that burying wood can be a cost-effective, long-term method of removing CO2 from the atmosphere.
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Ex-Shell NBS expert joins Microsoft’s carbon removals team
A nature-based solutions expert has joined Microsoft as program manager of its carbon removals team following seven years at Shell.
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German climate tech firm launches support service for biochar project development
A Germany-based climate tech firm has launched what it called "comprehensive" support services to accelerate biochar CO2 removals (CDR) projects, while also announcing partnerships with two digital monitoring, reporting, and verification (MRV) firms.
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