Presenting CP Daily, Carbon Pulse’s free newsletter. It’s a daily summary of our news plus bite-sized updates from around the world. Sign up here
TOP STORY
US SEC votes to end defence of climate disclosure rules in circuit courts
The US Securities and Exchange Commission (SEC) announced Thursday that it had voted to withdraw defending its rules in court that required companies to disclose climate-related risks and GHG emissions.
NACW 2025
Internal Scope 3 reporting obligations could obstruct decarbonisation progress
Demands for internal value chain accounting from companies risk delaying decarbonisation investments, North American Carbon World (NACW) participants heard Thursday.
Scope 3 emissions and net zero targets should be done away with -expert
Panellists disagreed on an expert’s assertion that the concepts of Scope 3 emissions measurement and net zero targets should be tossed in the bin at North American Carbon World (NACW) Thursday.
California forges ahead on methane reductions following federal inaction
States and municipalities must lead on methane reductions given a lack of federal support for this under the new Trump administration, a California official said during the North American Carbon World (NACW) conference in Los Angeles on Thursday.
Mexican state battling injunctions to keep CO2 tax
A Mexican state whose carbon tax is finally up and running after initially being repealed nearly two years ago is once again in hot water for it, according to a senior official speaking Thursday at the North American Carbon World (NACW) conference in Los Angeles.
EMEA
Future of EU ETS at crossroads, competitiveness challenges ahead -report
The future of the EU Emissions Trading System (EU ETS) hinges on maintaining a strong carbon price signal while addressing competitiveness concerns, according to a new report.
France puts ETS price corridor on EU agenda, questions funding model for Industrial Decarbonisation Bank
Paris on Thursday added a last-minute item to the agenda of a meeting of the EU27 environment ministers in Brussels, urging the introduction of “a price corridor” to stabilise prices across EU carbon markets, and questioning ETS funding for the bloc’s future Industrial Decarbonisation Bank.
EU power producers post heavy drops in ETS-covered fossil burn in 2024
A Greek utility reported a significant drop in its lignite-fired electricity generation last year, in financial results published late on Wednesday, while a large German producer urged Berlin to provide greater clarity on gas-fired power infrastructure, also posting a strong fall in fossil fuel use.
Total raises carbon investment plans to build 50-mln portfolio of nature-based credits by 2030
TotalEnergies has outlined plans to double annual spending on carbon credits to build a stock of 50 million nature-based offsets by 2030, as it aims to then retire millions per year to meet its climate goals.
Energy company gives green light to huge Swedish bioenergy carbon removal facility
A Swedish energy company has pushed through on a final investment decision to build one of the world’s largest carbon removal facilities, it announced Thursday.
Norway’s flagship CCS project reaches second phase with increased storage capacity
Norway’s flagship carbon capture and storage project, Northern Lights, has reached its second phase, with the announcement of higher storage capacity and a commercial agreement with a Swedish utility to transport and store the CO2.
France, Italy, Slovakia call for further simplification of CBAM amid export fears
France, Italy, and Slovakia have urged the European Commission to reassess the Carbon Border Adjustment Mechanism (CBAM) before its full implementation in 2026, warning that the current framework risks weakening the competitiveness of EU industrial exports.
Researchers list five options for carbon trading in a net-negative world
With the EU ETS emissions trajectory aiming for net zero by 2040, policymakers in Europe who have started thinking about the next steps have five main options for future carbon trading, according to researchers.
Momentum builds behind forest carbon in Russia as officials tout 400 mln credit supply potential
Russian officials recently held a roundtable to discuss forest climate projects in a bid to determine how to move the market forward, citing hundreds of millions of carbon credit potential in the country.
UK emissions drop in 2024, but international aviation bucks trend
The UK’s greenhouse gas emissions fell around 4% year-on-year in 2024 amid a continued push for renewable power, although emissions from the international aviation sector, which are not included in the figures, bucked the trend to return to levels predating the COVID-19 pandemic.
UK council approves biochar plant set to generate carbon credits
A UK council has approved plans for a biochar plant in Shropshire that is set to generate carbon removal credits, with construction scheduled to begin this summer.
Bahrain passes carbon tax bill
Both chambers of Bahrain’s legislature this week voted on and approved a bill that includes the creation of a carbon tax, leaving final ratification and promulgation up to the king.
Rwanda partners with GGGI to boost Article 6 readiness
The Rwandan government has partnered with the Global Green Growth Institute (GGGI) to enhance the country’s readiness to participate in the international carbon markets under Article 6 of the Paris Agreement.
Euro Markets: EUAs slump 3.2% as supports give way amid sustained post-options selling
European carbon prices tumbled to their lowest in two weeks as selling pressure broke through sustained support at a key recent level, signalling the end of a bout of options-related trading that had kept the market in a comparatively narrow range for 10 days.
AMERICAS
ANALYSIS: Colombian CO2 tax offsetting bounces back as retirements surge
Market experts are putting out various explanations for the surge in voluntary carbon credit retirements against the Colombian CO2 tax in 2024, including theories linked to the controversial introduction of a cap in 2022 on taxed emissions that can be offset with domestic credits.
California lawmaker amends senate bill that originally called for ETS extension, reform
The sponsor of a California senate bill that was initially introduced to reform and reauthorise the cap-and-trade programme on Wednesday amended its text to instead indefinitely extend the state’s non-partisan agency’s GHG reporting mandates.
WCI Markets: CCAs drop during NACW as ARB fails to inspire; WCAs drive towards APCR trigger
California Carbon Allowance (CCA) prices dipped during the North American Carbon Week (NACW) conference after an early-week bump as state regulator ARB largely avoided any statements to provide greater programme clarity, while Washington Carbon Allowances (WCAs) gained over 7% as they were pulled towards the Allowance Price Containment Reserve (APCR) trigger price, traders said.
US blue hydrogen producers likely to choose 45Q tax credits over 45V -report
Blue hydrogen producers may more often use 45Q tax credits rather than the generous 45V clean hydrogen tax credits due to the latter’s higher carbon intensity standards, according to a new report.
California bill proposes stronger oversight of indirect air pollution sources
A new bill introduced in the California Assembly aims to expand the regulatory authority of state regulator ARB to address air pollution from indirect sources, including facilities like ports, warehouses, and rail yards.
Research group calls on US to stay the course on CDR
A research group out of Washington DC is calling on federal lawmakers and state governments to maintain and bolster carbon removal (CDR) policy as the US government attempts to bow out of global climate efforts.
ASIA PACIFIC
Australian Labor commits A$24.5 mln to cut cement emissions as election campaign kicks off
Australia’s Labor government has announced A$24.5 million ($15 mln) to go towards cutting a cement maker’s emissions, as the federal election campaign officially begins.
Pakistan secures new funding deal with IMF, likely to impose carbon levy from July
Pakistan has reached an agreement with the International Monetary Fund (IMF) under the Extended Fund Facility (EFF), with the South Asian nation agreeing to introduce a carbon levy from July.
Australian market to remain subdued until 2027, analysts say
The combination of Safeguard Mechanism Credits (SMCs) issuances and lower emissions will constrain the demand for Australian Carbon Credit Units (ACCUs) in the medium term, according to analysis published Thursday.
Malaysia opens draft domestic forestry standard for public consultation
The Malaysia Forest Fund (MFF), a federal government agency, on Thursday began a public consultation process for its flagship domestic carbon offsetting standard for the forestry secto
India’s cement industry can’t reach net zero without CCUS, efficient use -report
The Indian cement sector, the world’s second largest, can’t reach net zero by 2070 without carbon capture, utilisation, and storage (CCUS) and improved efficiency of how cement is used, according to a report released this week.
WWF issues tender for blue carbon credit research in east Indonesia
World Wildlife Fund (WWF) Indonesia this week launched an open tender for a feasibility study on carbon credit projects in the eastern coastal regions of Berau and Alor, focusing on potential revenue from conservation efforts and carbon sequestration capacity.
BRIEFING: Philippines to provide clarity on forest carbon investment by mid-year
The Philippines is aiming to provide more clarity by mid-year on how investors can utilise the country’s forest lands to create carbon credits, a webinar heard Thursday.
Companies under-reporting methane leaks will count the cost -report
Australia’s largest hydrocarbon producers could be squeezed by higher carbon credit prices if they do not undertake methane abatement measures now to address leaks at their coal and gas plants and long-range gas pipelines, a think tank warned Friday.
INTERNATIONAL
FEATURE: CO2 quality standards will be key to effective CCS projects, as will monitoring for leaks
Verifying the purity of CO2 that flows through carbon capture and storage (CCS) hubs will be vital as the industry develops, in order to avoid any impurities from jeopardising the network — but the industry is still in early stages, with standards in development and monitoring equipment not yet commercial.
VOLUNTARY
INTERVIEW: Lack of additionality, financial transparency, and scientific integrity are causing carbon projects to fall through
Many carbon projects fall short of approval due to issues with additionality, financial transparency, and scientific rigour, according to the CEO of a Bay Area non-profit that has approved just 1% of the over 5,000 projects it has reviewed in the past decade.
Ratings could safeguard $15-bln market for voluntary carbon in compliance schemes, finds analysis
The transacted value of voluntary carbon credits integrated into compliance schemes could reach $15 bln by the early 2030s, according to a ratings agency – with ratings to play a key role in shoring up integrity.
Japanese megabank signs on to Zurich-based CDR buyers club portfolio
A Japanese megabank has joined a Zurich-headquartered carbon removal (CDR) buyers club as a major offtaker, the coalition announced Thursday.
Ocean’s natural sequestration process removes $1 trillion worth of carbon every year -study
The biological carbon pump — the natural process of marine organisms and fish drawing CO2 from the atmosphere and storing it in the ocean — has the potential to remove roughly $1 trillion per year worth of carbon, according to a study published on Thursday.
Forest carbon losses risk doubling mitigation costs -report
Rising forest carbon losses could significantly undermine global climate goals and double the cost of mitigation efforts, a study published Thursday has revealed.
AVIATION
Xpansiv to launch CORSIA Phase 1 contract on CBL platform in April
Carbon infrastructure company Xpansiv will launch in April a new standardised spot contract for Phase 1 of CORSIA, the UN’s international aviation emissions offsetting scheme, it announced Thursday, but there was no corresponding notice of new futures contracts.
BIODIVERSITY (FREE TO READ)
All our nature and biodiversity articles remain free to read (no subscription required). However, we now require that all readers have a Carbon Pulse login to access this content in full. To get a login, sign up for a free trial of our news. If you’ve already had a trial, then you already have a login.
Asset manager unveils $235-mln nature and social strategy
London-headquartered asset management firm Legal & General (L&G) has launched a private debt strategy designed to invest $235 million in projects that support nature and social outcomes.
Biodiversity private credit fund lends €2 mln to regen ag company
A Luxembourg-headquartered asset manager has approved a first loan under its recently established biodiversity fund, to go to a Spanish regenerative agriculture producer.
Biodiversity Pulse: Thursday March 27, 2025
A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).
—————————————————
NEW REPORT
How offtake agreements are shaping the future of biochar: Long-term offtake agreements are transforming the biochar carbon removal market — securing supply, stabilizing prices, and providing financial certainty. Supercritical’s latest report, Locked in or Left Behind?, explores key shifts in procurement strategies and what they mean for the future of carbon removal. With 62% of high-quality biochar credits for 2025 already committed and prices rising 18% in 2024, securing an offtake could be the key to guaranteeing supply and price stability.
—————————————————
European Climate Summit – Apr. 1-3, Lisbon – To kick off our Annual Regional Climate Summit Series of this year, we at IETA look forward to welcoming delegates this Spring to our flagship European Climate Summit (ECS) 2025, taking place at the Pavilhao Carlos Lopes. ECS will take place amid a rapidly changing geopolitical landscape, even as carbon markets in the EU and globally continue to mature and expand. A new political cycle for EU climate action has begun, and the task of preparing carbon markets for their next stage presents both new challenges and opportunities. In this dynamic context, competitiveness, integrity, and innovation will be at the heart of our discussion. Be part of the conversation driving the next phase of carbon market evolution. Join us at ECS to engage with policymakers, business leaders, and climate market pioneers who are shaping the future of carbon markets. Organised by IETA, ECS is an in-person event. Register
—————————————————
ADVERTISE WITH US
Carbon Pulse has published its 2025 advertising brochure and media pack, featuring updated offerings and prices. With that, bookings are now open for advertising on our website and in our newsletters.
—————————————————
BITE-SIZED UPDATES FROM AROUND THE WORLD
EMEA
Capturing carbon from waste – Following successful trials of Envea’s CO2 measurement technology at a UK-based energy-from-waste (EfW) operator, the technology will now be integrated into all four of the EfW operator’s UK sites, stated a press release Thursday. At the core of the CO2 measurement is Envea’s Amesa-B smart sampler, which captures CO2 emissions and enables a measurement of the percentage share of fossil and biogenic CO2 from waste, as well as the quantity of fossil CO2 emissions in tonnes per year. The EfW operator is investing in Envea emissions monitoring technologies as part of a net-zero transition plan that integrates carbon capture into their operational facilities, enabling the potential removal of more than one million tonnes of carbon removal per annum. Determining the ratio of biogenic CO2 gives the operator the data required to obtain the necessary Renewable Obligation Certificates (ROCs) from energy regulator Ofgem. The EfW operator involved was not specified in the press release.
Copen mechanism – E.ON and Danish inter-municipal waste company ARC have signed an agreement to launch CopenCapture, a carbon capture and storage (CCS) project at the CopenHill waste-to-energy plant in Copenhagen. The initiative aims to capture 400,000 tonnes of CO2 annually from the plant’s emissions and store it underground. The project is dependent on securing funding through the Danish Energy Agency’s CCS tender, which requires full CO2 capture by 2030. E.ON has applied for pre-qualification under the scheme. A significant share of the CO2 emitted at CopenHill comes from biogenic sources, such as contaminated paper and cardboard. Capturing this CO2 results in negative emissions, which can be sold as Carbon Removal Credits (CRCs) on the voluntary carbon market.
Portu-trees – The Portuguese government has launched a public consultation on the first methodology for its domestic voluntary carbon market. Developed by the Technical Monitoring Commission, the methodology focuses on new afforestation projects. These aim to boost national carbon sequestration capacity, strengthen ecosystem resilience, and support the economic development of rural areas by promoting sustainable land management and tackling land abandonment. The consultation is open for 30 days on the Participa.pt platform, ending on Apr. 22. The Ministry of Environment and Energy described the initiative as a key step in developing a carbon market with environmental integrity, transparency, and public involvement. It aligns with Portugal’s Forest Intervention Plan 2025-2050 and the National Energy and Climate Plan 2030. (Jornale Economico)
Mangrove island – Qatar’s Ministry of Environment and Climate Change has announced a project designed to plant 1,000 local mangrove seedlings on Qetaifan Island North, The Peninsula has reported. Led by real estate development company Qetaifan Projects, the initiative aims to have a positive impact on the coastal environment by contributing to improving air quality, enhancing biodiversity, and providing natural habitats for marine species and birds.
ASIA PACIFIC
Policy impact – The expansion of China’s national ETS could substantially bring down green steel premiums, though questions remain as to what carbon price would be considered meaningful, according to a report released Thursday by consultancy Transition Asia. The green steel premium can be reduced to 35% even with current carbon prices of around 100 yuan/tonne ($14), the report said. The paper also found that, with many steelmakers in China operating at a loss, the impact of an additional cost, even at a relatively low level of $14, is material and will likely range in the region of 5-10% of total steel costs.
Biochar credits – Japan’s MUFG Bank has signed a purchase agreement with biochar project developer Towing to obtain 210 J-Credits over three years, they announced Thursday. The two companies said they aim to agricultural productivity and reduce environmental impact in the Chubu area.
Partnerships – Project developer Bywill and regional lender Ogaki Kyoritsu Bank have secured agreements with two towns in Gifu Prefecture for the creation of carbon credits, they announced Thursday. Bywill has formed similar partnerships with more than 100 stakeholders across the country.
MRV solution – Tokyo-based Arched, which develops dMRV services for nature-based carbon projects, has launched a new solution for data management and monitoring, according to a company statement. The new product, named Green Insight Monitoring for MRV, enables centralised management of information required for carbon credit creation and real-time monitoring using satellite data and AI technology, the statement said.
Land Man, but solar – The Australian Renewable Energy Agency (ARENA) has offered A$500,000 ($315,000) in funding for a project to give land holders more insight and ownership of the renewable energy potential of their holders. The new and improved software tool provides information so users can assess solar and wind potential on rural land, letting them understand the income potential of any renewable energy assets on their land. It comes with data points that also let users include farm plans. The project is being delivered by RELA Australia.
Happening soon – India and Japan are in the process of finalising the Joint Crediting Mechanism (JCM) and will sign an agreement on the same within the next two months, government officials told the Business Standard. Once finalised, carbon credits under the agreement will be tracked through a registry, with joint committees managing projects and certifying credits issued based on reports. The JCM will facilitate deployment of decarbonising technologies through Japanese investments contributing to GHG reductions, helping both nations meet their Nationally Determined Contributions (NDCs). The South Asian nation is also discussing the transfer of mitigations outcomes with multiple countries including Singapore and South Korea, sources told Carbon Pulse during COP29 in Baku.
CC(U)S partnership – Indonesian oil companies Bakrie Group, Energi Mega Persada (EMP), and its subsidiary PT Pema Global Energi (PGE), have announced plans to develop carbon capture and storage (CCS) and carbon capture, utilisation, and storage (CCUS) facility in Arun field, Aceh province in the Southeast Asian nation. Arun field is considered one of the most potential CCS locations in the region, with a carbon storage capacity of 16 trillion cubic feet (TCF), the press statement said. The oil firms will conduct a feasibility study by forming an internal technical team and will also form a carbon management division to handle the development of CCS/CCUS facility, they said.
Ministerial approval – Pacific island economic ministers have endorsed the Pacific Resiliency Facility (PRF) at a special meeting on Wednesday, according to Islands Business. A treaty to formally establish the fund will be presented at the Pacific Islands Forum (PIF) leaders meeting in September, which would form the legal basis of the PRF. The regionally-owned and -focused fund is aiming to raise $500 mln over this year and next, and has already received an initial contribution from Japan. Ministers also reportedly endorsed a strategy to access and mobilise climate finance to the Pacific region, from both public and private sources. “It will cover the potential pathways to engage private sector investment and leverage innovative financial mechanisms to secure necessary funding for implementing climate actions,” said PIF secretary general Baron Divavesi Waqa at the meeting’s opening on Tuesday.
New leasing option – Subsidiaries of Mitsubishi have started offering EV car leasing services featuring the use of carbon offsets, according to a recent statement. With this service, Mitsubishi HC Capital will procure domestically issued J-Credits to offset emissions during the electricity generation process while driving, and Mitsubishi Auto Lease will provide the service.
Rice project – Japanese project developer has teamed up with the Department of Agriculture and Rural Development (DARD) of Vietnam’s Thanh Hoa province to promote a rice-focused carbon credit project, it said this week. The partnership marks the first collaboration between the regulator and a private-sector company, both domestically and internationally, to reduce GHG emissions through alternate wetting and drying (AWD) practices.
AMERICAS
Doctrine duel – The US Supreme Court is set to hear arguments in a case that could revive the nondelegation doctrine, a legal principle largely dormant since the 1930s, which restricts Congress from delegating broad policymaking authority to federal agencies. The case, brought by the conservative group Consumers’ Research, challenges the extent to which Congress can empower agencies like the US EPA to regulate in areas such as climate change. If the Court reinstates a stricter interpretation of the doctrine, it could significantly limit federal regulatory powers. In 2024, the Supreme Court overturned the so-called Chevron doctrine, a 40-year-old precedent which held that judges should defer to the expertise of federal agencies like the EPA when laws passed by Congress are unclear.
Climate cash crawls back – The US EPA has revised its grant terms and conditions in a move that could enable the agency’s administrator, Lee Zeldin, to rescind $20 bln in climate funding awarded through the Biden-era Greenhouse Gas Reduction Fund. The changes, which apply to all EPA grants signed on or after Mar. 25, were communicated to eight non-profit recipients of the funding and reinforce provisions allowing termination of contracts for violations or by mutual agreement. (E&E News)
Hearing on hold – The US Attorney’s Office for the Southern District of New York requested on Tuesday that time be excluded under the Speedy Trial Act in the case of US v. Newcombe, citing the defendant’s health issues, the need for the defense to review discovery, and the possibility of a pretrial resolution. The request, submitted in accordance with a Mar. 17 court directive, notes that the exclusion is consistent with rules that for delays when a defendant is physically or mentally unfit to stand trial. Defense counsel has agreed to the exclusion. The next court conference is scheduled for July 1.
Diplomat departs – Trigg Talley, a senior US climate diplomat who served nearly two decades as director of the State Department’s Office of Global Change, has departed from his role amid the Trump administration’s rollback of climate policies and disengagement from international climate cooperation. Talley played a key role in US participation in UN climate negotiations, including the 2015 Paris Agreement and recent efforts to establish a fund for countries affected by climate change— an initiative the Trump administration withdrew from in early March. (E&E News)
On the rise – Coca-Cola’s plastic use is projected to surpass 4.1 mln metric tonnes annually by 2030, according to a report by the non-profit Oceana. This would mark a 20% increase over the company’s reported plastic use in 2023. In Dec. 2024, Coca-Cola abandoned its goal of making reusable packaging 25% of its sales, said Oceana. Instead, the company chose to focus on boosting the use of recycled plastics. “Single-use plastic bottles made with recycled content can — just like bottles made of virgin plastic — still become marine pollution,” said Oceana’s senior vice president Matt Littlejohn.
Biofuel bargaining – The Trump administration has directed oil and biofuel industry representatives to collaborate on shaping the next phase of the US Renewable Fuel Standard (RFS), Reuters reported. At least two meetings have been held between the sectors, including one hosted by the American Petroleum Institute, to discuss key issues such as future blending mandates, small refinery exemptions, and the future of the biomass-based diesel tax credit. While the parties agreed in principle to request an increase in the biodiesel mandate above the current 3.4 bln gallons (11.4 bln L), reaching potentially 4.8 to 5.5 bln gallons, there was little consensus on other matters, including the fate of the Biden-era 45Z tax credit and how to handle exemptions.
Progress update – REX American Resources reported in a quarterly call on Thursday that construction of the carbon capture and compression components of its carbon sequestration project in Gibson City, Illinois, was substantially completed in 2024. The company is now awaiting a Class VI injection well permit from the US EPA, which it expects to receive in October. REX also stated that it is monitoring potential updates to federal CO2 pipeline regulations under the Trump administration, which could affect project progress. Once all necessary permits are secured, the facility will be eligible for 45Q and 45Z tax credits, according to the call transcript. The total budget for the carbon capture project and the associated ethanol production expansion has increased to $230 mln, partly due to design changes that allow for potential future capacity increases beyond 200 mln gallons (757 mln L) annually.
Acres to assets – Chestnut Carbon, a US nature-based carbon project developer, has enrolled over 160,000 acres across 36 states in its Improved Forest Management (IFM) program, Forest Carbon Works. The program seeks to enable private forest landowners to access carbon markets through the generation and sale of Verra-registered carbon removal credits, offering annual payments in exchange for maintaining and increasing forest carbon stocks. Chestnut recently completed its first credit issuance, transacting over 64,000 tonnes of carbon removal at an average price of $34 per tonne. The program includes full project management by Chestnut’s team, with a focus on removal credits that offer longer durability than typical IFM credits. In February, the company also raised $160 mln in Series B funding to expand the US projects it uses to generate afforestation, reforestation, and revegetation credits.
Dialing down emissions – Digicel, a telecommunications provider operating in 25 markets across the Caribbean, Central America, and the Pacific, has partnered with Caban Energy, a US-based provider of renewable energy and storage solutions to install solar energy and storage systems at cell towers in Jamaica. The initiative aims to reduce GHG emissions by over 38,000 tCO2e annually and cut operational costs, with potential expansion to other markets in the region. The project follows a commitment made after Hurricane Beryl disrupted Jamaica’s power supply in 2024 and aims to support national and global climate goals outlined in the Paris Agreement.
Methane drones – Argentina-based BRa Tecnologia Ambiental SA has partnered with US-based technology firm Sniffer Robotics’s to access its Methane Analysis Partner Programme (MAPP). With MAPP the company can access methane detection and quantification technologies for its landfill and renewable natural gas (RNG) facilities in Argentina and Brazil. BRa operates the Notre III Environmental Complex landfill in Buenos Aires, Argentina — the third largest landfill in the world. It has plans to expand in other South American countries, including Uruguay, Chile, Ecuador, and Peru.
Philip Lee in NYC – Irish law firm Philip Lee has partnered with New York-based Skylight Law, which will now operate as Philip Lee (US). The collaboration focuses on climate finance, carbon project development, and climate-tech venture capital, positioning the combined firm as one of the world’s largest dedicated climate law practices. The US practice will be led by Michael Byrd and Ryan Covington, who bring extensive expertise in engineered carbon removal and climate venture capital. They join a team already active in Dublin and London, strengthening the firm’s cross-border capabilities, particularly in complex climate projects and legal frameworks. Clients include project developers and institutional investors focused on carbon removal and reduction. The team advises on a broad spectrum of carbon initiatives, from engineered removals like DAC to methane capture, regenerative agriculture, and clean cooking stove deployment in developing countries.
VOLUNTARY
More methodologies – Verra released six newly digitalised methodologies for use in its Verified Carbon Standard (VCS) Program on Thursday, bringing the total number available to 18. The methodologies—now accessible through the Verra Project Hub’s Digital Project Submission Tool—cover methane recovery in animal manure systems (AMS-III.D.), thermal energy production (AMS-I.C.), partial fossil fuel substitution in cement or quicklime manufacture (ACM0003), and energy efficiency and fuel-switch measures in cookstoves (VM0050). The digitalisation aims to support more efficient project registration, document management, and validation by standardising data collection and enabling automated checks. Additional methodologies are undergoing testing for future release.
AND FINALLY…
Talley-ho – Veteran climate diplomat Trigg Talley has departed the US State Department amid the Trump administration’s rollback of climate policies and criticism of international climate efforts, E&E News reports. Talley spent nearly 20 years leading the Office of Global Change, where he guided US participation in global climate negotiations, including the Paris Agreement and a recent fund to support climate-affected nations. His departure comes shortly after the administration withdrew from that fund. Former colleagues have praised Talley’s deep expertise and long-standing contributions to US climate diplomacy.
Got a tip? How about some feedback? Email us at news@carbon-pulse.com