Carbon Pulse

French utility company Engie’s sustainability and energy management consulting arm Engie Impact will shutter its offices in Singapore on Oct. 31.

Australia is on the verge of massively boosting its production of biochar thanks to a single large project, but the sector and its benefits are still relatively unknown in policymaker circles, according to proponents.

A new US Senate bill introduced Friday would set emissions limits on electricity consumed by data centres and cryptomining facilities.

The Illinois Senate unanimously passed a bill Thursday that would ban carbon sequestration in primary sources of drinking water, prompted by a CO2 pipeline leak in the state last year.

Investors slashed their V25 California Carbon Allowance (CCA) length and instead boosted Low Carbon Fuel Standard (LFS) holdings on a net basis, while producers built their V25 CCA length and reduced LFS exposure ahead of a massive selloff across US compliance markets following recent federal action against climate policies, data published Friday by the Commodity Futures Trading Commission (CFTC) showed.

A major multi-state CO2 pipeline developer has less than two weeks to show it can get its project moving, or South Dakota regulators may take permitting off the table.

A new bipartisan bill introduced in the US Senate aims to restrict eligibility for the federal clean fuel production tax credit to feedstock produced or grown in the country.

Southeast Asia has the potential to slash aviation emissions by becoming a net exporter of sustainable aviation fuel (SAF) by 2040, but only if it gets the carbon calculus right, an analysis said this week.

The integration of climate indicators into banker’s pay is one of the key requirements in recently-adopted EU prudential legislation, even though the practice may face resistance, according to a think tank.

The Council of EU member states agreed on Friday to amend the bloc's gas storage regulation, extending by two years the storage targets introduced in 2022 following Russia's invasion of Ukraine while adding some flexibilities.

Technology company Microsoft has signed another deal for more than 3 million carbon removals (CDR) credits, it was announced Friday.

A flagship Swedish power plant running on bioenergy with carbon capture and storage (BECCS) received the green light for a €1.1 billion final investment decision last month, as remaining uncertainty over the outcome of talks on the EU’s Green Claims Directive seemed to narrow, sources told Carbon Pulse.

A price index for carbon removals has jumped 11% since January, climbing above €150 per tonne.

Conservation and restoration finance initiatives, including biodiversity credit projects, must prioritise investor needs over ecological considerations during the design phase to attract buyers and avoid economic loss, a US-based non-profit has said.

Permit prices in China's national emissions market barely moved over the past week, with observers expecting compliance demand likely to emerge this month with the pre-allocation of allowances.

European carbon allowances traded in one of their narrowest ranges of the year to date as participants appeared to be suffering fatigue after a week of violent moves and record volumes, before buying interest emerged to drive the market to daily highs just before midday.

The numbers for a biofuel feedstock favoured in Europe derived from a methane-emitting palm oil byproduct don’t add up, suggesting that Europe is instead importing its clean biodiesel from banned palm oil, most likely from Indonesia, a think tank said this week.

Countries around the world have agreed to a global carbon tax on shipping emissions during UN talks in London on Friday, that experts say far exceeds the ambition of any other industry climate initiatives despite many saying the targets still fall short of what is needed.

Less than 10% of the plastic produced worldwide in 2022 was made from recycled materials, according to a paper released this week.

Several participants in the Australian carbon market on Friday called for the responsibility for developing new carbon credit methods to be transferred back to the Clean Energy Regulator, saying the pace of development has slowed since the government took over in 2023.