London brokerage to expand into New Zealand carbon market via acquisition
A London-based brokerage will acquire a New Zealand energy and carbon firm to offer its international clients better access to the NZ ETS.
Read MoreIndia urged to scrap “dangerous” forestry crediting in green scheme
A group of nearly 100 former government officials and civil servants in India has published an open letter to the government, urging it to withdraw the recently published guidelines for awarding credits to forestry projects under the country’s Green Credit Scheme.
Read MoreGlobal trading house, Japanese gas supplier team up for Asian nature-based projects
The carbon arm of an international commodities trader has partnered with one of Japan’s largest gas suppliers to grow their offset portfolios, eyeing nature-based solutions in Asia.
Read MoreChina thermal power generation continues to outpace total electricity output
China saw thermal power generation in the first two months of 2024 continue to outpace the growth of total power output amid rosier economic figures, according to the latest government data.
Read MoreStudy calls for broader definition of blue carbon ecosystems to help finance conservation efforts
A broader definition of blue carbon ecosystems could help fund conservation efforts by unlocking greater carbon credit supply, according to a study released this week.
Read MoreID Market: National carbon exchange remains dormant, but int’l trade expected to be allowed in second half of 2024
Indonesia’s national carbon exchange has remained quiet in the first two months of this year, according to newly published data, but market sources believe the exchange will open itself up to international trade later this year.
Read MoreTwo groups sign on for low carbon, synthetic fuel collaborations
There has been another step towards low-carbon fuels this week, as two groups signed agreements to develop e-fuels, or synthetic replicas of traditional fossil fuels made with captured CO2 and renewable energy.
Read MoreUS, Japanese gas giants join for CCS study
Chevron and JX Nippon Gas have signed a non-binding agreement to look at capturing CO2 in Japan and sending it to Australia and other nearby nations for permanent sequestration.
Read MoreANALYSIS: Ageing UN carbon projects eye voluntary carbon market opportunities in light of Article 6 delays
Projects from the UN’s Kyoto Protocol-era Clean Development Mechanism (CDM) are transitioning to the voluntary carbon market (VCM) in light of stalling Article 6 negotiations, experts have told Carbon Pulse, though some caution that opportunities may only be short term, and units could be a tough sell for some buyers.
Read MoreFEATURE: Scientists enhancing the carbon appetite of crops explore voluntary market opportunity
Scientists developing gene-edited crops with deeper root systems that sequester more CO2 expect the first carbon credits to be generated in the next couple of years from farmers adopting their varieties.
Read More