Carbon Pulse

Impending federal elections and investment enthusiasm for carbon capture, utilisation, and storage (CCUS) are weighing on Canadian emissions trading systems, experts discussed during Climate Week NYC on Thursday.

California ARB’s proposed 15-day notice for its Low Carbon Fuel Standard (LCFS) draft rules issued last month disproportionately restricts or constrains market access, a webinar heard Thursday, with expectations for credit prices based on potential adjustments to the regulator's highly anticipated second 15-day notice package.

A buyers’ club for jurisdictional REDD (J-REDD) credits announced a R$1 billion ($180 million) offtake agreement with a Brazilian state at Climate Week NYC despite its government’s ongoing bias toward mining and agribusiness, Indigenous leaders have said.

The European Commission will apply a 25% cap on sourcing electrolyser stacks from China in the next auction of its Hydrogen Bank, but local content requirements remain controversial, participants heard at the EU's cleantech summit this week.

Iceland-based International Carbon Registry (ICR) is about to launch consultations for its biodiversity credit framework, planning to onboard 10 pilot projects within a couple of months, the initiative's chief scientist told Carbon Pulse.

Norway on Friday released its nature action plan ahead of next month’s COP16, but drew ire from environmentalists as it stopped far short of making national commitments aligned with the Global Biodiversity Framework (GBF).

A global maker of construction materials would like the EU to scrap a regulation that will only allow sustainably sourced CO2 in the production of e-fuels after 2041, saying it will constrain the ability to decarbonise maritime and aviation.

Governments face a complex task in setting the price of ITMOs while still staying on track to meet their own climate goals, according to two NGOs, which have teamed up to release a “Ministry Playbook” guide to selling the international carbon credits.

European carbon prices eased lower on Friday morning during relatively quiet trade, after they had dropped after the Thursday settlement following a dramatic fall in TTF gas, while UKAs struggled again following heavy losses seen during the previous session.

The European Parliament has decided not to oppose a hydropower project on the Danube that could threaten protected areas (PAs) and the survival of critically endangered species, according to a group of environmental organisations.

Laos, which is chair of the Association of Southeast Asian Nations (ASEAN) this year, held an event Thursday to consult on Article 6, while it also hosted a meeting of ASEAN energy ministers.

Taiwan's environment ministry has released a set of operational guidelines for companies to declare carbon neutrality that includes the proper use of offsets, in the hope of avoiding corporate greenwashing.

The Chinese emissions market saw more fluctuations over the past week, with the permit price climbing back to the 100 yuan ($14.26) level amid growing compliance demand.

Australia has pledged more cash towards creating its own supply of sustainable aviation fuel (SAF) with funding of A$36.8 million ($25.3 mln) coming from Canberra and ground zero for jet-zero Queensland.

At the spate of voluntary carbon events scattered in high-rises across New York this week, one topic persisted: how does the market evolve into the trustworthy, functioning, and effective global climate finance driver and unleash the billions of corporate dollars needed for net zero.

A non-profit in Pakistan is endeavouring to get the much-needed carbon finance into the country heavily impacted by climate change, despite the lack of clear pathways for offset projects to scale.

A Canadian advisory body released a pair of reports Thursday with recommendations for the country to reach its 2030 climate targets and encouraged the government to adopt 2035 interim goals.

The Washington Department of Ecology (ECY) wants to prioritise new methane reductions through the forthcoming Clean Fuel Standard (CFS) rulemaking, according to staff at an environmental justice webinar on Thursday.

The US Environmental Protection Agency (EPA) on Thursday announced nearly $1 billion in funding to boost the adoption of lower carbon technologies for school buses across the country, amid recommendations from an agency watchdog to address programme eligibility issues.

California Carbon Allowance (CCA) prices in the secondary market traded within a narrow range awaiting regulatory certainty over the week, while Washington Carbon Allowances (WCAs) jumped nearly $5, once again running ahead of WCI allowances this year.