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- Mon 21:54A Canadian industrial hemp company active in verifying carbon removal (CDR) credits announced Monday it has began the process of shutting down its processing operations, and will pursue strategic alternatives after failing to raise enough capital and generate sustainable revenues.
- Mon 17:12A carbon removal (CDR) certifier is seeking feedback for its enhanced rock weathering (ERW) methodology update, it announced Monday, which the standard says aligns with the Core Carbon Principles (CCPs).
- An expert panel working on methodological elements of the Paris Agreement Crediting Mechanism (PACM) has proposed a 0.5-2.5% range over a 100-year period to define a "negligible" risk of reversal, in a bid to define a threshold for what is considered acceptable levels of permanence under new UNFCCC carbon crediting rules.
- Mon 16:23Signs of life flickered in the CORSIA carbon futures market in the first week of September, while prices ticked higher in the voluntary emissions avoidance and reduction sectors although retirement of credits remained low.
- Mon 14:07A London-headquartered multinational retailer has committed to ensuring that all of its British products come from farms using regenerative practices by the end of this decade.
- The third sale for Eligible Emissions Units (EEUs) is currently open for airlines who want to secure supply for Phase 1 (2024-26) of the CORSIA international aviation offsetting scheme, with a pool of 1 million credits available for bidders, the organisers confirmed to Carbon Pulse.
- An association representing air transport operators has ramped up its carbon credit demand outlook for the Phase 1 (2024-26) of the CORSIA international aviation emissions offsetting scheme, with the updated forecast placing expected requirements at between 146 mln and 236 mln over the three-year period.
- Mon 10:01Helsinki has officially endorsed the European Commission’s proposal for a 90% net reduction in greenhouse gas emissions by 2040, while urging greater attention to technical and biogenic carbon sinks in the process.
- Mon 01:29The creation of a park in New South Wales to protect iconic endangered koalas will be contingent on an Australian Carbon Credit Unit (ACCU) method being successfully developed, the state government announced.
