Carbon Pulse

The US Environmental Protection Agency (EPA) granted permits on Wednesday for carbon sequestration wells in two Indiana counties, even as state lawmakers introduced legislation earlier this month requiring approval from local authorities for such projects.

A Toronto-based venture capital firm successfully raised $335 million in commitments towards its third fund investing in clean technology solutions.

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Company financial statements may have to include biodiversity issues as part of their sustainability coverage, following the publication of an opinion encouraging directors to address the environment, a UK lawyer has said.

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Red Sea shipping disruptions will have a relatively modest impact on EUA demand, analysts said in a report published Wednesday, consistent with recent Carbon Pulse analysis, though the effect could be more pronounced next year when a higher proportion of shipping emissions face compliance.

A conservation NGO in Africa that is developing REDD avoided deforestation projects to help bolster finances, has cut out the middlemen from its business model and pledged that a minimum of 80% of carbon credit revenue will stay within the country, it told Carbon Pulse Wednesday.

A broad far-right win at the upcoming EU elections could make it vastly more complicated to pass ambitious environmental and climate legislation needed to achieve the objectives of the European Green Deal, a think-tank has warned in a new report published on Wednesday.

It is difficult to ensure that carbon credits truly represent carbon reduction or removal - and while they can bring societal and environmental benefits, some projects can harm the environment and indigenous communities, according to a briefing on carbon crediting for UK parliament members.

A Portuguese voluntary carbon market (VCM) law, which came into effect in early January, relaxes some of its prior stances on offsetting for residual emissions, as well as on sources of additionality, compared to a prior proposal published for public consultation.

The UK government has updated the order of preference for how developers handle biodiversity impacts so it applies to all habitat types, rather than only the most distinctive, an expert has said.

Voluntary carbon standard Verra has inactivated the methodology used by the large Rimba Raya peat swamp forest project in Indonesia, though the activity may continue with its use until its next baseline reassessment.

'Nature positive' status is emerging as a central ESG target for many businesses worldwide, but they could face greenwashing risks unless they implement a number of best practices, a BP official said Wednesday.

European carbon prices extended their gains for a second day amid speculation over potential short-covering as weekly position data showed investment funds continuing to rebuild their net short position, while energy prices moved higher.

Two project developers have partnered with an Indian state government forest department to plant mangroves, expecting to generate blue carbon credits.

The number of announced sustainable aviation fuel projects in the EU is on the rise, meaning the bloc could meet its target for green fuels, an NGO study revealed on Wednesday, but only if final investment decisions are taken.

The EU's goal to stop manufacturing CO2-emitting cars by 2035 faces huge challenges, according to a report published on Wednesday.

A carbon removals platform has purchased around 1,000 direct air capture (DAC) credits from a facility based in Kenya, the firms announced Wednesday. 

The UK government is failing to show how it ensures that biomass power and heat generators adhere to sustainability requirements after receiving a total of more than £22 billion of support over 21 years, the National Audit Office (NAO) said on Wednesday. 

Large emitters are getting “nervous” as a result of the mounting compliance schemes and reporting requirements they are facing in 2024, likely to drive investment and participation in carbon markets, a conference heard Wednesday.