Carbon Pulse

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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 33 min ago

UN wildlife summit expands species protection list, agrees strategic plan

Sun, 2024-02-18 10:46
Fourteen new migratory species will be protected under the Convention on Migratory Species (CMS) as delegates at the UN summit in Samarkand, Uzbekistan committed to raising transboundary efforts on wildlife conservation.
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Carbon ratings agency finds ARB-eligible US forest project over-credited by more than double

Sat, 2024-02-17 12:32
A carbon offset ratings agency has found that an ACR-approved improved forest management (IFM) project registered with California state regulator ARB has been over-credited by more than double, largely for allegedly failing to exclude heavily sloped areas unlikely to be harvested.
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British Columbia weakens stringency in output-based pricing system for large emitters

Sat, 2024-02-17 11:23
The British Columbia government sees less stringent emissions benchmarks for large industry under its Output-Based Pricing System (OBPS) set to take effect this spring, although certain aspects remain more stringent than other Canadian jurisdictions, documents published Friday showed.
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US power plants cut CO2 emissions by 7% in 2023 amid coal-to-gas generation shift

Sat, 2024-02-17 10:06
US power plants cut their CO2 emissions by 7% year-on-year in 2023, as a shift from coal-fired generation to gas helped move the country closer to its clean electricity targets.
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Speculators continue profit-taking run across North American carbon markets, emitters build RGGI length

Sat, 2024-02-17 09:53
Regulated entities reduced length in California Carbon Allowances (CCAs) and Washington Carbon Allowances (WCAs), but added to RGGI Allowance (RGA) net holdings, while speculators continued to take profits across North American carbon markets, data published by the US Commodities Futures Trading Commission (CFTC) Friday showed.
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Maryland announces $90 mln to advance transportation and buildings electrification

Sat, 2024-02-17 08:51
Governor of Maryland on Friday unveiled a $90 mln initiative to support the state's climate targets by expanding EV charging infrastructure, increasing electric school buses, and electrifying communal infrastructure.
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Canada waters down its draft Clean Electricity Regulations following criticism

Sat, 2024-02-17 07:50
Canada’s environment ministry has watered down its proposed performance standard that is intended to mobilise the country’s electricity grid to hit net zero by 2035 following months of critical feedback.
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IUCN launches C$30mln marine biodiversity and gender project in Madagascar

Sat, 2024-02-17 02:52
IUCN has launched a C$30 million initiative focused on protecting marine ecosystems while supporting women, in collaboration with the government of Madagascar.
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Elephant forest activity correlates with high carbon storage, though causal relationship unclear -study

Sat, 2024-02-17 02:13
Elephant forest activity is correlated with higher levels of aboveground carbon (AGC) storage, according to a preprint of a new study, though the direction of the causal relationship, if any, remains unclear.
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Web3 company plots recovery in tokenised carbon credits amid ICVCM integrity drive

Sat, 2024-02-17 02:00
One of the largest Web3 firms in the voluntary carbon market is planning a rebound in tokenising carbon credits on the back of the ICVCM’s Core Carbon Principles (CCPs) stamp of high integrity.
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Electrification will outweigh hydrogen in EU net zero energy use -report

Sat, 2024-02-17 02:00
Clean electricity will need to cover the largest share of the EU’s shift away from fossil fuels, while green hydrogen will be key in just a few hard-to-electrify sectors, according to research published on Friday.
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Pollination plans blended regenerative agriculture fund worth billions

Sat, 2024-02-17 00:48
Plans for a blended finance regenerative agriculture facility that could raise billions of dollars are underway, led by Pollination and the Green Climate Fund, Carbon Pulse has learned.
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Biochar carbon credit prices to fall despite growing demand, say analysts

Fri, 2024-02-16 23:39
Prices of biochar carbon credits are slated to shrink over the next two years despite growing demand, mainly due to increasing supply and competition, according to analysts.
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EU approves billions in state aid to decarbonise ETS-covered German industrials

Fri, 2024-02-16 23:23
Brussels has approved billions in state aid for Germany's energy-intensive industries covered by the EU ETS to help them reduce greenhouse gas emissions in production processes.
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Global tree-planting initiatives drive massive biodiversity loss in African savannas, study finds

Fri, 2024-02-16 23:16
Misguided forest restoration initiatives are damaging ancient grassy habitats in Africa and beyond due to incorrect classification of ecosystems, putting biodiversity in an area bigger than France at risk, a study has found.
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Euro Markets: Midday Update

Fri, 2024-02-16 22:16
EU carbon permit prices gave up all of Thursday's gains in the final morning session of the week as the previous day's short squeeze came to an end and buyers stepped back, while the slow and steady selling that has characterised the market for the last two weeks resumed.
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Swedish Article 6 carbon project in Ghana broadens scope to raise performance

Fri, 2024-02-16 22:01
The Swedish Energy Agency’s (SEA) Ghanaian partner has broadened the scope of its Article 6 mitigation project after realising that the original plans would produce insufficient emissions reductions, the CEO of the company told television media.
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RWE posts 26% annual drop in EU ETS-covered fossil burn

Fri, 2024-02-16 21:31
German energy company RWE has reported a huge year-on-year decline in fossil power generation covered by the EU ETS, in preliminary output data for 2023 released this week, while its renewable electricity production surged.
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FEATURE: Voluntary carbon insurers move in to de-risk the market

Fri, 2024-02-16 20:24
A nascent industry providing insurance for carbon projects and credits is gathering momentum, aiming to shore up the integrity of the voluntary carbon market by managing risk for buyers, project investors, and developers alike.
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South Korea’s REDD+ promotion law to enter into force

Fri, 2024-02-16 20:22
A regulation supporting South Korea's engagement in overseas forestry projects will become effective on Saturday, as Seoul seeks to secure more forest-derived carbon credits from developing countries.
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