CP Daily News Ticker: 24 March 2026

Published 00:01 on March 24, 2026 / Last updated at 00:01 on March 24, 2026 / Daily News Ticker

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Introducing the CP Daily News Ticker, a running list of all our news updated in real-time throughout the day. This is also the new home to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.
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  • Tue 21:47
    Carbon cancelled – Clairity Technology’s US-based Project Juniper has been listed as cancelled on the Isometric registry as of last week, according to platform records. No public explanation was provided for the change in status. The Nevada-based project had aimed to remove CO2 via direct air capture and store it through ex-situ mineralisation, with project documentation also citing water generation as a co-benefit. Leaders at the Las Vegas Global Economic Alliance said in 2025 that the company’s arrival underscored the region’s emergence as a hub for climate innovation, alongside sectors such as biotech and IT.
  • Tue 19:58
    VCS update - Verra has released clarifications to the effective dates of its Verified Carbon Standard (VCS) Program, it announced Tuesday. The clarifications are effective immediately, and pertain to: the effective date of those updates to Table 1 that pertain to changes to the default eligibility of projects that install light-emitting diodes (LEDs); procedures for how project proponents can choose to voluntarily update their projects to be validated or verified against VCS Version 5 requirements prior to the mandatory effective dates; section numbers that were removed in the requirements for projects registered with other approved GHG programmes; and late-to-verify procedures for Improved Forest Management (IFM) and Afforestation, Reforestation, and Revegetation (ARR) project types.  
  • Tue 17:45
    A UK pension management company overseeing a £54.8-billion investment portfolio has signed its fourth deal with a carbon removal (CDR) market intelligence platform, aiming to procure credits.
  • Tue 17:38

    New strategy - OQ Base Industries (OQBI), part of Oman’s OQ group, is advancing a decarbonisation strategy centred on CCUS, alongside potential use of carbon credits and green hydrogen to enable future production of blue and green ammonia. The company is targeting a 25% emissions reduction by 2030 (from a 2023 baseline) and net zero by 2050. Despite these plans, emissions rose 29% to 1.45 MtCO2 by end-2025, driven by a 32% increase in production at its Salalah complex, which produces methanol, ammonia, and LPG. Operationally, OQBI reported strong performance in 2025, with ammonia and methanol output rising around 2% to 1.5 Mt, and LPG production up 3.5% to 366,000 tonnes, with some facilities exceeding nameplate capacity. (Oman Daily Observer)

  • Tue 16:29
    A large volume of CORSIA carbon credits has been retired on the Gold Standard registry, in a sign that the international aviation emissions market may be starting to take off.
  • Tue 16:27
    Russian concert offset – Russian petrochemical major SIBUR has fully offset the concert-related greenhouse gas emissions of Russian singer Zara, marking the first time in the country that an artist’s entire touring activity over a period has been made carbon-neutral, according to the Russian Carbon Units Registry. The project covered 49 performances in Oct.-Dec. 2025 and was compensated with 203 tonnes of CO2e carbon units from SIBUR’s Tomskneftekhim climate project.
  • Tue 16:21
    Money for mangroves - Developer Blue Forest has secured funding from the UK govt's COAST facility to support sustainable livelihoods in the Zambezi Delta in Mozambique, said founder and CEO, Vahid Fotuhi, on LinkedIn. The programme will be implemented by a consortium of global and local partners led by advisory firm DAI and the UK's Foreign, Commonwealth and Development Office. The funding will support programmes that create lasting harmony between mangroves and the local communities, such as beekeeping and honey making, bamboo woodlots, and crab farming. It will also help boost the durability of Blue Forest's Mozblue mangrove project, co-developed with Removall Carbon.
  • Tue 15:32
    An academic paper has posed 10 priority questions for the next decade of blue carbon science, including whether blue carbon crediting methodologies could be simplified.
  • Tue 14:59
    ERW partners - Climeworks is partnering with Lithos Carbon to bring enhanced rock weathering (ERW) credits to market and help scale the sector. Lithos applies finely ground basalt rock sourced from quarries to US farmland, claiming to lock up CO2 for over 1,000 years, with the results measured through sampling and analysis. The two formerly partnered in 2023 to deliver 3.5 mln tonnes of CDR over more than a decade. By 2025, Lithos had become the largest ERW developer by issued credits, while Climeworks had become the single-largest offtaker in the category.
  • Tue 14:00
    A US-headquartered biochar company has secured an agreement to supply Microsoft with 1 million carbon removal (CDR) units over a 10-year period, it announced on Tuesday.
  • Tue 13:36
    Several Latin American countries historically focused on nature-based solutions (NbS) and land use are seeing carbon project developers stride into technology-based GHG reductions and removals.
  • Tue 12:07
    In a world-first application of bioenergy with carbon capture and storage (BECCS), biogenic CO2 from a wastewater biogas facility in Norway has been transported and permanently stored 2,600 metres below the seabed, the project partners announced Tuesday.
  • Tue 10:23
    Several carbon market stakeholders in Southeast Asia signalled an interest in developing credits for international markets, but domestic policy architecture still lags behind such ambition, conference attendees heard Tuesday.
  • Tue 09:52
    Prices of carbon credits under the Paris Agreement’s Article 6 are seen below $20 per tonne in the early years as supply outpaces demand, before a tightening market pushes rates above $100 by mid-century, according to an analysis.
  • Tue 06:01
    Carbon platform - The Indian Institute of Management Bangalore (IIM-B) has announced that its Centre for Digital Public Goods convened a key discussion on India’s proposed Open Network for Carbon Markets (ONCM), aimed at building digital infrastructure to support carbon market development. The initiative is being developed in partnership with Networks for Humanity and seeks to enable transparent, interoperable, and scalable carbon market systems. The platform is designed to facilitate participation across stakeholders while strengthening trust and efficiency in carbon credit transactions, as India prepares to expand its engagement with global climate markets.
  • Tue 06:00
    A new methodology aimed at accelerating the global shift away from fossil fuel generators has been launched by Gold Standard, marking a first in the carbon market for supporting a just transition at small and distributed energy scales.
  • Tue 01:43
    A Canada-based pyrolysis firm has raised just over C$4 million ($2.9 mln) in a non-brokered private placement, upsizing the offering amid stronger-than-expected investor demand as it advances commissioning of its flagship renewable energy facility.
  • Tue 00:36
    A Zurich-headquartered carbon removal (CDR) financier has committed to procuring over 305,000 CO2 removal certificates (CORCs) from a biochar facility in Bolivia, it announced on Monday.

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