Carbon Pulse


News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 35 min 31 sec ago
Carbon market yet to ‘fulfil promise’, former UK PM says
The carbon market has yet to deliver on its full potential, former UK Prime Minister Tony Blair said in a foreword to a report on resetting climate action from his non-profit.
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FEATURE: Vietnam takes third swing at nuclear amid push to diversify power mix, cut emissions
Vietnam has confirmed plans to move back to nuclear power as it seeks to address increasing electricity demand while cutting its emissions and diversifying its grid, with the most recent update to the Power Development Plan 8 (PDP8) outlining a target of 4-6.4 GW to come online between 2030-35.
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Korean power company to introduce clean brick production, develop Article 6 credits in Nepal
A subsidiary of Korea Electric Power Corporation (KEPCO) has participated in a carbon reduction project to drive down emissions from Nepal's brick manufacturing sector and secure Paris-aligned carbon credits, it announced Wednesday.
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New Zealand group seeks to take climate ambition case to the Supreme Court
A New Zealand climate advocacy group is seeking leave to appeal to the country’s top court its case over climate targets.
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Canadian bank ditches emissions, sustainable finance goals
Royal Bank of Canada (RBC) said it was scrapping its sustainable finance and emissions reduction goals, despite reporting another cut in its operational emissions in 2024.
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BRIEFING: Louisiana CCS remains highly contentious, state representatives hear
Louisiana state representatives heard from numerous residents at odds with carbon capture and storage (CCS) during a committee meeting Tuesday that ran several hours into overtime.
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White House fires US scientists preparing National Climate Assessment
US President Donald Trump's administration notified hundreds of scientists working on a report published every four years that they had been disbanded Monday, saying their analysis of climate change impacts is being reevaluated.
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Colombian peatlands carbon storage capacity up to 1.91 billion tonnes of CO2e -study
Peatland ecosystems can store between four and 10 times more GHGs than other vegetation types, including rainforests, according to a study published in Environmental Research Letters.
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French asset manager enters new forest finance partnership
A France-headquartered sustainable asset manager has signed a Memorandum of Understanding (MoU) with an English non-profit to boost forest finance.
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Rising emissions put UK land, homes at growing risk of flooding, experts warn
Large parts of UK agricultural land, homes, roads, and railways are already at risk of flooding, and more will be in the coming decades as rising greenhouse gas emissions remain on track to push warming beyond 1.5C in the early 2030s, the government's independent climate advisors warned on Wednesday.
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Charity calls on industrial gas companies to speed up transition
The industrial gas sector should accelerate its transition to renewable energy, and investors should hold it accountable for its emissions, a responsible investment charity has said.
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VCMI launches Scope 3 Action Code of Practice in bid to ignite voluntary carbon credit market
The Voluntary Carbon Markets Integrity Initiative (VCMI) has launched its Scope 3 Action Code of Practice that allows companies to use Core Carbon Principle (CCP) tagged credits to hit interim mitigation targets.
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Canadian bank parts ways with environmental trading director
A major Canadian investment bank has parted ways with its director of environmental trading, Carbon Pulse has learned.
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California lawmakers advance bill to establish CO2 pipeline safety rules, lift moratorium
A California assembly committee on Monday approved a bill that aims to establish CO2 pipeline safety regulations and subsequently rescind the existing pipeline moratorium in the state.
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INTERVIEW: Ecuadorian president’s VCM law veto was a “pause”, not a no
President Daniel Noboa only pressed pause on voluntary carbon market (VCM) legislation when he vetoed it last year, according to an Ecuadorian consultant and former official speaking to Carbon Pulse on the sidelines of the Colombia Carbon Forum last week in Bogota.
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US House proposal seeks to establish federal registration fees for electric, hybrid vehicles
A US federal transportation budget proposal introduced Tuesday aims to establish new federal registration fees for electric and hybrid vehicles, as well as rescind funding for several environmental programmes created under the Inflation Reduction Act (IRA).
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US appeals court stays order blocking non-profit climate funding, sets date for arguments
A US appeals court has temporarily stayed a lower court’s order that would have awarded several climate non-profits access to grant funds that were allocated under the Biden administration but are now being withheld by the US EPA.
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Calgary CDR developer locks in MRV partner
A Calgary-based carbon removal (CDR) project developer is tapping a Toronto-based digital monitoring, reporting, and verification (MRV) firm for its Saskatchewan bioenergy with carbon capture and storage (BECCS) project.
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High Ambition Coalition launches funding mechanism for biodiversity targets
The High Ambition Coalition for Nature and People (HAC for N&P) on Tuesday launched a financial mechanism to provide small-scale grants aimed at helping developing member countries achieve their “30x30” biodiversity targets.
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EU ministers support ETS2 reform, await 2040 target clarity
European ministers signalled strong momentum for reforming the EU Emissions Trading System for heating and transport (ETS2) at an Environment Council on Tuesday, with a majority of the bloc's 27 members pushing for revisions to address price volatility and household impacts.
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