Carbon Pulse

More than 60 countries and organisations announced new commitments to sustainable ocean action at the Our Ocean Conference (OOC) in South Korea this week, pledging a total of $9.1 billion.

A non-profit has warned that the design of the EU ETS2, the bloc's new carbon market for transport and heating fuels, could hand the far-right its biggest present yet and have significant negative consequences.

A partnership unveiled Wednesday seeks to provide a solution to stubble burning and agricultural waste in India with the launch of a biochar-based carbon credit platform.

In order to protect the integrity of forest carbon finance, researchers have called for a standardisation of methodologies across both UNFCCC and voluntary crediting programmes.

RWE posted a 1.6% increase in power generation covered by the EU ETS in the first quarter of the year compared to the same period in 2024, it said in preliminary figures published on Wednesday.

Only three out of 10 ocean-based carbon removal (CDR) methods could each offset 10 million tonnes of CO2 annually within German waters, a new study has found.

The financial sector must change how it engages with Indigenous Peoples, while negotiating nature-related financing in areas including biodiversity credits, UN Environment Programme Finance Initiative (UNEP FI) said in a recent report.

India's Ministry of New and Renewable Energy this week launched the Green Hydrogen Certification Scheme to standardise and verify the production and export of the fuel, with first H2 exports destined for Japan and Singapore.

The BioCarbon standard has registered a second project under its Biodiversity Crediting Programme, with the initiative planning to generate credits over a 10-year period, the company told Carbon Pulse.

Commercial fusion power has taken a large step forward after ITER, the International Thermonuclear Experimental Reactor, announced Wednesday it has completed all components required to build the world’s largest and most powerful magnet.

Plastic credit project developers often fail to understand and properly meet some of the key requirements set out by US-based standard setter Verra, including the 'non-negotiable' additionality criterion, a company manager told a webinar on Tuesday.

European carbon prices moved higher, towards the upper end of their recent range, as selling interest diminished ahead of another holiday break, and position data showed investment funds had slightly reduced their modest net long position.

Private equity giants have stakes in more than 500 fossil fuel assets across 53 countries, according to a tracker launched Wednesday by a climate data consortium.

As of Q1 2025, global carbon capture, utilisation and storage (CCUS) capacity in operation exceeded 50 million tonnes, showing a modest increase from the previous year, the International Energy Agency (IEA) said Wednesday.

A human rights group this week released a report accusing four hydropower projects in Nepal funded by multilateral development banks (MDBs) of violating the rights of Indigenous Peoples to Free, Prior, and Informed Consent (FPIC), leading among other things to severe biodiversity harm.

EU's combined gas and liquefied natural gas (LNG) imports in the first quarter of 2025 were flat year-on-year due to reduced demand, data showed on Wednesday. 

Compensating for carbon emissions through expensive CO2 removals projects like BECCS in rich countries “gives a wrong signal to the market” from the perspective of developing nations that struggle to attract finance for agricultural development, said a senior official at the European Bank for Reconstruction and Development (EBRD).

More than 50 companies and associations have called on the UK and EU to start talks on linking their respective carbon markets “as soon as practicable”, ahead of a crunch summit meeting between the two governments in May where the topic is set to be discussed.

French energy company TotalEnergies spent $2 million on carbon credits in the first three months of the year, at least twice the total in 2024 over the same period, it reported in first-quarter results on Wednesday.

The Labor government is cautiously tipped to return to office at this weekend’s federal election, however experts and observers have noted stark climate and energy choices will need to be made very soon no matter who forms the next government.