Carbon Pulse

Subscribe to Carbon Pulse feed Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 25 min ago

Business coalitions band together to guide companies to boost biodiversity

Tue, 2023-09-12 08:01
Three global business coalitions have released co-produced foundational guidance to lead companies to a “nature-positive” future, as corporate focus on risks and dependencies ramps up.
Categories: Around The Web

Chinese forestry firm reaches deal with Zambia to develop carbon credit projects covering 5% of country

Tue, 2023-09-12 07:59
Zambia has signed an agreement with a Chinese forestry firm to commission the development of nature-based carbon credit projects that will cover more than 4 million hectares of some 5% of the African nation’s landmass.
Categories: Around The Web

Canada-based carbon project developer seeks 20% stake in CCU startup for $15.5 mln

Tue, 2023-09-12 07:48
A Canadian-headquartered carbon project developer wants to pay US$15.5 million for a 20% stake a carbon capture and utilisation (CCU) startup following signing of non-binding agreement.
Categories: Around The Web

LCFS Market: California prices lift up to 8% after state reveals plans to strengthen regulation

Tue, 2023-09-12 07:40
California Low Carbon Fuel Standard (LCFS) credit values jumped on Monday morning after state regulator ARB published its plans to strengthen the environmental performance of the transportation sector climate programme, though some market participants are unsure about how bullish the proposed changes really are.
Categories: Around The Web

RGGI Market: RGAs extend to new year highs on Third Program Review anticipation

Tue, 2023-09-12 07:32
RGGI Allowance (RGA) values reached new year-to-date highs through a US holiday-shortened and auction week prefiguring the next Program Review Meeting scheduled later in the month.
Categories: Around The Web

Financial services company makes first fully automated sale of carbon credits

Tue, 2023-09-12 06:40
A new blockchain-based platform from a Chicago-headquartered financial firm has completed processing its first fully automated transaction of carbon credits, according to a press release on Monday.
Categories: Around The Web

Verra deactivates 10 carbon credit methodologies, reviewing others

Tue, 2023-09-12 06:38
Carbon credit standards body Verra is eliminating the use of 10 VCS methodologies, including a deforestation and low-flow water project type, due to lack of use in the past five years, and is instituting a review of all their methodologies every five years.
Categories: Around The Web

EU’s renewable energy directive set to overcome last hurdle with full Parliament vote

Tue, 2023-09-12 05:01
The EU is set to take its final step in approving a revised more ambitious renewable energy legislation as the bill faces a full EU Parliament vote on Tuesday, with most parties likely to vote in favour.
Categories: Around The Web

EU metals sector deploys taskforce to work with EU on aligning with the bloc’s 2050 goals

Tue, 2023-09-12 03:46
The European metals industry started a process to establish its own transition pathway in collaboration with the European Commission, two sector associations announced on Monday.
Categories: Around The Web

VCM Report: REDD sinks lower to add further gloom to the market

Tue, 2023-09-12 03:05
REDD avoided deforestation credits slipped lower last week to underline the lack of demand and reflecting an increasingly bleak voluntary carbon market as it waits the arrival of the ICVCM’s first batch of Core Carbon Principle labelled credits.
Categories: Around The Web

Investor reduced its exposure to UK water companies due to pollution

Tue, 2023-09-12 02:48
Allianz Global Investors has reduced its exposure to UK water companies due to risks associated with them dumping sewage in waterways, an executive at the firm said as the company ramps up its nature-related engagement.
Categories: Around The Web

IMO shipping strategy a major step forward for sector’s climate action -study

Tue, 2023-09-12 00:33
The International Maritime Organization’s strategy for the transition to renewable energy is a major step forward in ambition that has overtaken many of the national, regional, and industrial steps already in place, according to research released Monday.
Categories: Around The Web

UK, South Korea commit billions to UN’s Green Climate Fund

Mon, 2023-09-11 23:57
Britain and South Korea have respectively pledged $2 billion and $300 mln to the latest replenishment of the Green Climate Fund (GCF), a mechanism established to channel climate finance from rich nations to the countries in the Global South to aid them with climate action.
Categories: Around The Web

Canada-based carbon credit financier rebrands to showcase climate action mission

Mon, 2023-09-11 22:35
A Canada-based carbon credit project financier has rebranded to underscore the urgency needed in the global mission to decarbonise economies and the company’s focus on the climate action required.
Categories: Around The Web

Euro Markets: Midday Update

Mon, 2023-09-11 21:55
European carbon prices rose slightly on Monday morning despite a relatively weak auction result, as EUAs garnered some support from a strong advance in natural gas after a major Australian LNG producer said there was little prospect of a swift resolution to strikes that have cut gas output.
Categories: Around The Web

Project developer sets its sights on nature-based removal credits

Mon, 2023-09-11 21:35
A developer is seeking investment into a new afforestation project in India to boost the supply of removal credits in the voluntary carbon market (VCM), despite uncertainties about the country’s future carbon market.
Categories: Around The Web

INTERVIEW: UK can play leading role in hydrogen production and CO2 storage, says gas pipeline operator

Mon, 2023-09-11 21:10
The UK is in a unique position to act as an important hub for hydrogen development in Europe thanks to its pressing need to decarbonise its gas-reliant heating system, wealth of renewable energy for powering hydrogen electrolysis, and ease of access to the North Sea for potential CO2 storage, said one of the country’s leading pipeline operators.
Categories: Around The Web

GE-backed alliance to assess CCUS feasibility in Indonesia

Mon, 2023-09-11 20:36
A GE-backed business alliance has been established to develop a carbon capture, usage, and storage (CCUS) value chain feasibility study and joint solutions to decarbonise gas power plants in Indonesia, in a move to position the Southeast Asian country as the industry hub for the region.
Categories: Around The Web

Carbon ratings agencies have valuable role but can improve, finds report

Mon, 2023-09-11 20:11
Carbon credit ratings agencies have a valuable role for raising the quality of the voluntary carbon market (VCM), according to a study published Monday of the four main players, though there is room for improvement in their activities and buyers must better understand their work to increase its effectiveness.
Categories: Around The Web

More money and better policy: Executives open up in energy transition survey

Mon, 2023-09-11 19:57
Investment into lower carbon energy will need to rise steeply and policy settings improve if the world is to reach net-zero by 2050, but most executives believe they are doing better than their peers, a survey released Monday found.
Categories: Around The Web

Pages