Carbon Pulse

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.

A non-profit has claimed that the expected first batch of credits issued under the new Article 6 mechanism of the Paris Agreement could be massively over-credited.

A US-based biochar producer has completed a proof-of-concept project resulting in the issuance and sale of the world's first-ever biochar carbon removal credits from asphalt applications, it has announced.

Vietnam has approved a framework for solar tariffs and introduced a new pricing scheme as part of efforts to control its fast-growing power sector carbon emissions by putting 30 gigawatts of new solar on the grid by  the early 2030s.

A major airline in Japan has decided to embark on a pilot project that will help create a sustainable farming model with the use of batteries and renewable energy while generating carbon credits, it announced Friday.

A Singapore-headquartered biochar developer has commissioned the first production facility in the Philippines’ that converts agricultural waste into biochar by using second generation pyrolysis technology, it has announced.

There are other sources of demand for carbon credits if the Coalition wins the upcoming election and are successful at weakening the Safeguard Mechanism, a conference heard Friday.

California Carbon Allowance (CCA) prices whipsawed in after-hours churn Tuesday amid White House executive orders (EOs) calling for termination of state-run ETS programmes, with partial recovery after lawmakers reaffirmed support for defending state jurisdiction over policymaking.

The existing processes for permitting seaweed farms largely account for harvesting for human consumption, not CO2 removal projects (CDR), according to an Alaska-centred study published this month.

Policy deregulation at the US EPA cannot wholly and swiftly take place under the agency’s sole direction, a former official said on a webinar Wednesday, noting opportunities for state and public engagement.

Spanish-speaking officials in established Latin American carbon markets are attempting to correct the popular Spanish term for voluntary carbon units (carbon ‘bonds’) with carbon ‘credits’, codifying differences that have implications for discourse and regulation alike.

A new US Republican bill would gradually cut solar and wind out of clean energy tax credits under the Inflation Reduction Act (IRA), amid a larger push to preserve fossil fuel-based power.

The US Securities Exchange Commission (SEC) appointed a new chairman with expertise in the digital financial asset space after the Senate confirmed the nomination in a vote largely along party lines on Wednesday.

A proposal to inject CO2 underground in Louisiana has moved forward following preliminary state-level approval.

A US federal funding squeeze for EV policy could push state-led initiatives to the forefront, which analysts say should focus on affordability and access—a conundrum for regulators driving higher ETS stringency.

A property consultancy has launched an innovative way of funding natural capital with three different projects in Scotland, including highland cattle and capercaillie birds, in a vision it hopes to scale.

The government of Botswana is taking steps to encourage private sector investment in the renewable energy sector, which may help the nation establish a carbon market framework.

EU climate legislation is helping drive investment into affordable and sustainable housing, especially in Denmark and Poland — however, plans to simplify green finance rules could slow the transition, according to a report published on Thursday.

The Greens, who may hold the balance of power after Australia’s May 8 election, on Thursday released its energy and climate plan, pledging to tighten the Safeguard Mechanism and restrict usage of Australian Carbon Credit Units (ACCUs) and international offsets.