Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 17 min ago
Tech firm launches carbon credits native to blockchain
A Switzerland-based technology initiative has launched what it says is the world’s first blockchain-native carbon credits, where all units are verified and issued directly on blockchain.
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Carbon market investment firm co-founder jumps ship to Pollination
One of the co-founders of a carbon market investment firm has joined climate advisory firm Pollination as an executive director, the latter announced Friday.
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Australia seeks advisors to join Nature Repair Market committee
The Australian government has put the call out for advisors to sit on the board of its independent expert committee for its recently legislated Nature Repair Market (NRM), it announced Friday.
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Indonesian oil company opens carbon credit supply line
Indonesian state oil company Pertamina is opening a carbon trading business to offer services to domestic and international clients, with one client in the aviation business already secured, it said.
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EXCLUSIVE: Corporate Carbon implicated in fraud legal case that could rock Australia’s carbon market
Two Australian carbon project developers are in a legal fight over the rights to revenue from Australian Carbon Credit Units (ACCUs) generated from two projects in Queensland, Carbon Pulse has learned, the outcome of which could have serious ramifications for the reputation Australia’s carbon market.
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CP Daily: Thursday February 1, 2024
A daily summary of our news plus bite-sized updates from around the world.
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German carbon credit company sees new CEO join
A Munich-headquartered carbon credit company announced Thursday that it has a new CEO, while the former one will now act as the company's managing director.
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WCI Markets: WCAs plunge to the lowest levels since programme inception, CCA activity subdues
Washington Carbon Allowances (WCA) prices stumbled further for the second week following a frenzy over the future of the state's cap-and-trade programme in question, while California Carbon Allowance (CCA) values saw a marginal uptick amid an absence of a significant market driver.
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Massachusetts Q4 regulated emissions at five-year high, 2023 emissions drop YoY
Fourth quarter emissions under the Massachusetts Global Warming Solutions Act (GWSA) reached a five-year high in 2023, although total annual emissions still ended at their lowest levels since 2020, according to data updated this week.
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Washington Clean Fuels Standard proposes overhauled 2024 participation fee structure
The Washington Department of Ecology (ECY) released rates on Thursday for proposed 2024 fees charged to Clean Fuels Standard (CFS) programme participants, a marked shift from the fee structure last year, as well as updates to utility-specific carbon intensity (CI) values.
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Verra lifts suspension of troubled Kasigau REDD projects following review
Credit issuance can resume to the two Kasigau Corridor REDD avoided deforestation projects in Kenya after Verra completed a review of allegations of sexual offences by staff and improper employment practices.
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Biodiversity Pulse: Thursday February 1, 2024
A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).
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Diddy DAC: US firm launches small-scale containerised carbon removal tech
A US-based direct air capture (DAC) technology developer has introduced a smaller version of its containerised system for removing CO2 from the atmosphere.
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Right-wing in Germany threatens nature conservation, says minister
Right-wing politics in Germany poses a threat to nature conservation, as well as all areas of life in the country, a minister has said.
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No new climate funding in revised EU budget
The EU’s 27 leaders managed to agree on the bloc's budget for the next four years on Thursday, with funding secured for Ukraine and migration but no fresh financing for net zero industry.
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Experts divided on role for remote sensing in carbon project MRV
Experts expressed split views on when remote sensing technology should be deployed for monitoring, reporting, and verification (MRV) purposes of carbon projects, speaking during a webinar Thursday.
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NGO releases handbook of nature-based carbon credits to promote integrity
A US-based environmental NGO has released an introductory handbook to provide guidance on carbon credits that are developed using natural climate solutions (NCS).
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INTERVIEW: Better to include industrial carbon removals, not land-based, in EU ETS, says chair of EU’s scientific advisory board
Including land-based carbon removals in the EU ETS may not be a good idea, but credible industrial carbon removals should be incorporated post-2030 to deal with residual emissions from hard-to-abate industries, according to the chair of the scientific board advising the EU on climate change.
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CDC Biodiversite takes first marine step for Global Biodiversity Score
CDC Biodiversite has added an overfishing module to its Global Biodiversity Score (GBS) methodology in its first step to integrating marine biodiversity.
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German finance ministry warns against ‘biodiversity leakage’ risk
Regional and international disclosure frameworks should enhance cooperation to minimise the risk of "biodiversity leakage", a German Ministry of Finance official has warned.
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