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Employers' group urges EU to 'reconsider' phase out of free ETS allowances
BusinessEurope, an umbrella group representing national employer’s organisations, has called on policymakers to “reconsider” the planned phase out of free allowances under the EU’s Emissions Trading System (EU ETS), saying Europe should “be prepared” in case its new carbon border tariff scheme fails to deliver. Read MoreTop
UPDATE - US authorities charge former CQC boss Newcombe, executives with fraud in landmark VCM case
US authorities have charged Ken Newcombe, the former CEO of project developer CQC Impact Investors LLC (CQC), plus the company's ex-COO and a former managing director, with fraud, accusing them of submitting false and misleading information relating to the generation of voluntary carbon credits. Read MoreTop
Japanese trading house launches digital system to scale forest carbon projects
A major trading house in Japan has launched a system that can standardise and digitalise the work needed for creating domestically issued carbon offsets from forestry projects. Read MoreTop
Laos prepares for access to international carbon market
Heavily forested Laos has issued a decree to "define principles" around cooperation in multilateral carbon market projects, a state-run newspaper said Thursday. Read MoreTop
Australia Market Roundup: Energy company dumps hydrogen project, Woodside registers another ACCU project
Australian energy gentailer Origin announced on Thursday it would shelve a hydrogen development project due to a lack of certainty, while Woodside Energy continues to register new carbon credit projects. Read MoreTop
NZ officials call for better exotic forest regulations
New Zealand government officials have recommended exotic forestry be defined within the country’s National Environmental Standards for Commercial Forestry (NES-CF), in order to better regulate the sector that drives carbon credit supply in the country, according to a report published Thursday. Read MoreTop
CAR adopts Argentina livestock methane protocol
The Climate Action Reserve (CAR) adopted Wednesday its Argentina Livestock Protocol Version 1.0, which intends to provide guidance to account for and report greenhouse gas (GHG) emission reductions via the capture and destruction of methane from livestock farms. Read MoreTop
Large-scale Illinois CO2 injection well pauses operations following EPA violation
A large-scale CO2 well in Illinois has paused injection for two weeks as operators diagnose an underground leak that resulted in a permit violation notice from the US Environmental Protection Agency (EPA) in August, according to documents shared with Carbon Pulse. Read MoreTop
Irish climate tech firm joins European Space Agency incubation programme
An Irish company specialising in carbon removal (CDR) via industrial hemp has joined the European Space Agency's (ESA) national business incubation programme, it announced Wednesday. Read MoreTop
Australian shipping tech developer to design CO2 tanks for bulk marine transport
Two shipping companies from Asia Pacific announced on Tuesday a collaboration to further marine transport of CO2 for long distances and large cargo volumes. Read MoreTop
Brazil miner teams with European hydrogen company for green steel manufacturing
A global mining company is partnering with a European hydrogen outfit to develop a green hydrogen production facility in Brazil to be used in the manufacturing of European green steel, the companies announced Tuesday. Read MoreTop
Current voluntary carbon credit pricing ‘misleading’, says BP exec
Carbon credit price dynamics in the voluntary market are currently "misleading", with a few big tech buyers paying a lot for small volumes, while everything else is going for low prices, a senior figure at BP said on Wednesday. Read MoreTop
Portugal publishes voluntary carbon market regulations
Portugal's government has published regulations that will establish an electronic platform for its voluntary carbon market (VCM), which paves the way for registering projects and issuing credits. Read MoreTop
Peru’s national carbon registry looks to launch by COP29 -official
Peru's environmental ministry aims to launch the country's carbon registry by November's COP29 UN climate summit in Baku, a senior official told the Peru Carbon Forum on Wednesday. Read MoreTop
