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Article 6 body adopts inclusive carbon removals guidance, but pushes significant technical work to future
The UN body responsible for shaping the rules for carbon crediting under Article 6 of the Paris Agreement adopted its carbon removals recommendations on Friday, a day after agreeing wider methodological guidance, with the text described as "general" and "technology-neutral" by observers and leaving a significant amount of additional technical work for the future. Read MoreTop
Canadian legal experts mull over constitutionality of federal carbon pricing exemption for home heating oil
A Canadian law professor argued in an op-ed Friday that the federal Liberal government’s carbon pricing carve-out for home heating oil could “imperil” the legality of the carbon price in itself, while other legal experts rebut the arguments. Read MoreTop
US airline offers SAF and offset credits to passengers
A US airline announced a partnership with with a Software-as-a-Service (SaaS) firm offering customers the option to purchase credits against flight emissions, in a press release on Friday. Read MoreTop
Loan from German development bank injects new life into South Africa's JETP
South Africa will receive €500 million in concessional loans from German development bank KfW to undertake a low-carbon transition of its coal-based power sector and promote long-term energy security, the German government confirmed in a statement on Friday. Read MoreTop
Wisconsin Democrats introduce suite of proposals to advance climate action
Democrats in the Wisconsin Assembly on Thursday introduced a legislative package to accelerate climate action in the state, including energy efficiency measures, sustainable agriculture practices, and considerations for the social cost of carbon (SCC). Read MoreTop
UPDATE - UK government to invest £4.5 bln in green industry grants and subsidies
The UK government on Friday announced it will invest £4.5 billion in subsidies and grants for green industry from 2025, with just under half going to the electric vehicle sector and £1 bln to green energy including hydrogen. Read MoreTop
Attempt to squeeze carbon farming practices into EU's carbon removal bill likely to be shot down -sources
The European Parliament’s agriculture committee is planning on proposing several farming practices for the EU’s Carbon Removal Certification Framework on Nov. 21 as part of the bill’s full Parliament vote, though several sources don’t expect the changes will be voted through, as the Council of member states adopted its own negotiating mandate on Friday. Read MoreTop
FEATURE: Generating biochar credits from bamboo offcuts is next frontier for plantations
The market potential for using bamboo manufacturing offcuts to produce carbon credit-generating biochar is heating up, as an increasingly attractive option for developers already generating nature-based removal credits from fast-growing bamboo plantations with excellent CO2 sequestration ability. Read MoreTop
Premature to allow soil carbon credits under UN's CORSIA aviation offsetting scheme, green group argues
Allowing soil carbon credits to be surrendered during the initial phases of ICAO’s CORSIA scheme for international aviation would be premature due to the project type’s lack of MRV standards and a “realistic, defensible” baseline for estimating emissions, a US-based green group has claimed. Read MoreTop
Standard sees first biochar carbon credits awarded to an African project
A Namibian biochar project has become the first in Africa to be awarded carbon removal credits under the European Biochar Certificate (EBC) C-Sink Standard, with its Germany-based developer intending to establish six projects in the nation by next year. Read MoreTop
Emitters, speculators once again favour different CCA vintages, while both drop RGAs, WCAs
Compliance entities preferred current year vintage California Carbon Allowances (CCAs), while financial players opted for next year's CCA vintage, and both groups shed RGGI Allowances (RGAs) and Washington Carbon Allowances (WCAs), US Commodity Futures Trading Commission (CFTC) data showed Monday. Read MoreTop
Energy Charter Treaty risks another reform failure despite national withdrawal moves -think-tank
A further attempt to reform the controversial Energy Charter Treaty (ECT) is likely to fail again at its annual meeting next week despite multiple EU nations announcing they will leave the pact due to its incompatibility with the bloc’s climate law, an environmental think-tank warned on Friday. Read MoreTop
UAE project developer exploring blue carbon credit potential in Vietnam
A Dubai-headquartered mangrove restoration firm is exploring the potential for blue carbon in Vietnam, after signing an MoU this week with a jurisdiction in the Southeast Asian country, the company has confirmed to Carbon Pulse. Read MoreTop
