Carbon Pulse

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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 39 sec ago

Biodiversity Pulse: Thursday February 1, 2024

Fri, 2024-02-02 04:43
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).
Categories: Around The Web

Diddy DAC: US firm launches small-scale containerised carbon removal tech

Fri, 2024-02-02 04:10
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

Fri, 2024-02-02 04:05
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

Fri, 2024-02-02 03:53
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

Fri, 2024-02-02 03:35
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

Fri, 2024-02-02 03:32
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

Fri, 2024-02-02 03:05
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

Fri, 2024-02-02 02:32
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

Fri, 2024-02-02 01:15
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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Gold Standard launches offshore shipping voluntary carbon methodology

Fri, 2024-02-02 01:09
Voluntary carbon certification body, Gold Standard, has launched a new emissions reduction methodology to credit projects that implement shore-side or offshore electricity supply for ships, adapted from a Clean Development Mechanism version, it said in a quarterly update.
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Destruction of ozone-depleting gases to yield high-priced carbon credits, says developer

Fri, 2024-02-02 01:03
A joint initiative between an American credit developer and a Chilean processing facility for ozone-depleting substances (ODS) has sent refrigerant gases to France for destruction, anticipating issuance of high-priced carbon credits in a category that could receive an expedited high-integrity stamp from the Integrity Council for Voluntary Carbon Markets (ICVCM).
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IMO “more and more confident” of agreement on pricing mechanism for shipping -briefing

Fri, 2024-02-02 01:03
The newly appointed secretary general of the International Maritime Organisation is increasingly confident that an agreement will be reached on the technical measures and pricing mechanism to implement under its GHG strategy, a press briefing heard today.
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UPDATE – Farmer protests across Europe highlight challenge of tackling agricultural emissions

Fri, 2024-02-02 00:35
European farmers protested in Brussels for the third day in a row on Thursday calling for a redistribution of the budget, with climate and sustainability policy also a strong driver behind the backlash, as EU leaders headed to the city for a special economy-focused summit.
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Corporate emissions disclosure platform raises $100 mln in Series C funding

Fri, 2024-02-02 00:19
A climate disclosure platform has announced a Series C funding round worth $100 million, as it seeks to expand a tool to help corporates manage their emissions data.
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High retirements of carbon credits in January shrinks oversupply for second month in a row

Thu, 2024-02-01 23:24
Retirements of carbon credits from the four largest voluntary carbon registries topped 20 million and outstripped issuances in January, although momentum slowed from the surprisingly high level of retirements in December, data from the Carbon Pulse VCM Portal shows.
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Approval of methane-cutting cattle feed ingredient brings Canadian farmers a step closer to offset sales

Thu, 2024-02-01 23:18
Canadian regulators have authorised the use of a feed ingredient proven to reduce cattle methane emissions by around a third, bringing Canadian farmers a step closer to being able to generate and sell carbon offsets by incorporating the additive into their practices.
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Euro Markets: Midday Update

Thu, 2024-02-01 22:16
European carbon prices slumped back towards key psychological and technical support levels after the weakest auction interest in ten months led to the largest discount of the year so far, while natural gas prices snapped a four-day winning streak with mild weather is set to continue.
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Japanese firms partner to develop TNFD-aligned voluntary biodiversity credits

Thu, 2024-02-01 22:13
A Tokyo-headquartered asset management firm has teamed up with a tech company to create voluntary credits aligned with the Taskforce on Nature-based Financial Disclosure’s reporting framework, focusing on Japan at first but eyeing international expansion later.
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French biochar startup and global coffee trader team up to produce carbon credits

Thu, 2024-02-01 22:10
A French biochar company and a global agricultural goods trader have announced a partnership to deploy biochar in coffee production and generate carbon credits from the resulting mitigation.
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Brussels prepares to define permanent carbon storage under ETS rules

Thu, 2024-02-01 22:07
The European Commission is working to tweak EU ETS rules within the coming months to define the projects that can permanently store greenhouse gases - an option which companies may seize upon as a way to purchase fewer carbon allowances. 
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