Presenting Carbon Pulse’s free CP Daily newsletter. Sign up here
TOP STORY
ANALYSIS: Attention on EU ETS reform turns to Market Stability Reserve as experts anticipate moderate changes
The European Commission’s upcoming plans to ease prices in the EU Emissions Trading System (ETS) are unlikely to fundamentally change how the bloc’s carbon market works and will likely include scrapping the automatic cancellation rule in its supply-balancing Market Stability Reserve (MSR), experts told Carbon Pulse.
DAILY NEWS TICKER
CP Daily News Ticker: 24 March 2026
The CP Daily News Ticker is a running list of all our news updated in real-time throughout the day. This is also the home to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.
CARBON FORWARD ASIA
ANALYSIS: Early glut could cap Article 6 carbon credit prices, but supply crunch looms
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.
GX-ETS covered companies biding time before purchasing credits
Facilities covered by Japan’s GX-ETS are awaiting market rule finalisation and are unlikely to make credit purchases this year, according to an expert.
Removals essential infrastructure amid data centre-driven power demand boom
With a surge in power demand from data centres extending the life of fossil fuel-fired generation, carbon removals are even more important than before, a high profile investor said Tuesday.
Safeguard ACCU demand will total 239 mln credits over the next decade, forecast says
Entities covered under Australia’s Safeguard Mechanism will need some 239 million Australian Carbon Credit Units (ACCUs) between now and 2035, according to a forecast presented Tuesday.
SE Asia keen to mobilise international carbon credits, but wait on legislation
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.
INTERVIEW – NZU prices won’t recover until uncapped forestry dealt with, former minister says
Prices in New Zealand’s ETS will continue to come under pressure from forestry-issued units absent any changes, the country’s former climate minister told Carbon Pulse on Tuesday – despite legislative tweaks to restrict farm-to-forest conversions last year.
EMEA
BRIEFING: Iran war is already a heavy emitter, and risks pushing emissions further in the long run
The war in Iran has released millions of tonnes of carbon in just the first few weeks, and risks slowing a transition to clean energy as countries turn to more gas and coal to cover the oil crisis, according to recent research.
EU, Australia ink trade pact, with enforceable Paris Agreement clause
The European Union and Australia have concluded negotiations on a free trade deal that includes enforceable climate commitments allowing either party to impose sanctions if the other acts in a way that “materially defeats” the Paris Agreement – a clause that goes beyond the language of any previous EU trade deal.
BRIEFING: Corporates urged to move beyond deforestation-free to nature-positive strategies
Companies should move beyond deforestation-free compliance towards nature-positive strategies as EU sustainability rules expand, panellists said during a Tuesday webinar.
Euro Markets: Carbon posts third straight gain as wider worries recede and focus returns to ETS reforms
European carbon prices settled at their highest in nine days on Tuesday as traders reflected on a slightly calmer short-term geopolitical outlook, and on the EU ETS’ more secure footing after last week’s European Council meeting that reiterated its support for the market.
EU unlocks €2.7 bln in ETS-backed grants for net zero technologies
The European Commission has signed off on €2.7 billion in grants for 54 clean industry projects under its EU ETS Innovation Fund, advancing a new wave of net zero technologies across 17 EU countries in sectors ranging from heavy industry to transport.
Insurance firm calls for EU ETS price corridor and expanded CBAM
The EU’s carbon pricing scheme needs targeted reform, not a total overhaul, and a price corridor would be the best way to help industries make the necessary investments in decarbonisation, an insurance firm said in a report on Tuesday.
Biogenic CO2 from wastewater biogas stored offshore in Norway for first time globally
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.
Poland seeks EU court clarity on VAT treatment of cash-settled carbon derivatives
Poland’s top administrative court has asked the EU’s highest court to clarify whether cash-settled derivatives linked to carbon allowances should be exempt from value-added tax (VAT), in a case that could have implications for ETS participants across the bloc.
UK encouraged by bids in second carbon storage licensing round
The UK’s second licensing round for carbon storage attracted bids covering more than 2 million acres (809,371 hectares) under the North Sea, which is likely to result in new storage sites, the government agency announced on Tuesday.
UK pension provider with £55-bln portfolio inks procurement deal with CDR platform
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.
UK businesses launch cooperative initiative to tackle supply chain emissions
A group of over 30 companies in the UK’s energy, transport, and building sectors launched a commitment on Tuesday to set science-based targets across their direct and indirect emissions, in line with limiting global warming to 1.5C.
AMERICAS
California sets out Scope 3 phase-in options under corporate emissions disclosure law
California regulators on Monday outlined options for phasing in Scope 3 emissions reporting under the state’s corporate disclosure law, as rulemaking on the programme moves toward a 2027 start date.
US biochar company secures 1 mln CDR credit agreement with Microsoft
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.
LATAM Roundup: Latin America diversifies from NbS
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.
US biogas growth slows, trade association calls for farm project acceleration -report
The rate of biogas facilities coming online year-over-year (YoY) has declined by half, according to newly released figures by a US trade association.
Canadian pyrolysis firm raises C$4 mln as flagship facility nears commercial launch
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.
Gov. Hochul appears to distance herself from NYCI carbon market plan amid climate law overhaul push
New York Governor Kathy Hochul appears to be signalling a shift away from the cap-and-invest carbon pricing scheme (NYCI) she once championed, as she pushes to rewrite the state’s flagship climate law amid mounting concerns over consumer costs.
ASIA PACIFIC
Australia backs next wave of carbon management tech with new funding push
The Australian government on Tuesday announced fresh support worth A$32.6 million ($21 mln) for emerging carbon management technologies, building on earlier efforts to scale carbon capture, utilisation, and storage (CCUS) solutions across hard-to-abate sectors in the country.
BHP flags competitiveness risks for Australia’s energy transition
Australia risks undermining its role in the global energy transition unless it improves competitiveness and investment settings, an executive at mining major BHP has warned.
VOLUNTARY
Gold Standard launches carbon methodology to tackle transition away from fossil generators
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.
Scientists question the future of blue carbon methodologies
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.
Nature-based carbon projects need stronger regulation to protect biodiversity, study says
Carbon markets should be integrated within wider regulatory frameworks that address deforestation risks and promote Indigenous stewardship to ensure they deliver real outcomes for biodiversity, according to a new paper.
INTERNATIONAL
Global carbon storage commitments “uneven in credibility”, think tank finds
Geological carbon storage (GCS) features in most major fossil fuel-producing countries’ climate plans, but references often fail to reflect domestic policy and investment activity, a think tank’s new briefing has found.
AVIATION
Large volume of CORSIA carbon credits retired by Japanese airline
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.
—————————————————
EVENTS
North American Carbon World (NACW): Mar. 31-Apr. 2, San Diego – For more than 20 years, NACW has been the must-attend event for market participants looking to gain actionable insights into policy shifts and market trends, network with climate policy and business leaders, and grow and strengthen carbon markets with integrity and ambition. Hosted by the Climate Action Reserve, the 2026 conference will offer a critical forum for meaningful collaboration and timely discussions exploring market innovations in technology, the evolution of standards, the growing role of finance, and foundational topics such as permanence. Register
Carbon Capture MENA Summit: Apr. 1-2, Dubai – The Carbon Capture MENA Summit 2026 (#CCMS2026), taking place in Dubai on 1–2 April 2026, is MENA’s leading CCUS event. Bringing together 500+ industry leaders and 80+ visionary speakers, the summit will focus on fit-for-purpose CCUS policies, decarbonisation applications, breakthrough innovations, carbon markets, and infrastructure development. Together, we’ll accelerate MENA’s leadership in scaling CCUS solutions and shaping a sustainable energy future. Join us to drive the next chapter of CCUS innovation and impact. Find out more
European Climate Summit 2026: Apr. 14-16, Barcelona – To kick off its annual regional Climate Summit series, IETA looks forward to welcoming delegates to the flagship European Climate Summit (ECS) 2026, taking place at Casa Llotja de Mar in Barcelona, Spain. ECS takes place amid a rapidly changing geopolitical landscape, even as carbon markets 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 the discussion. ECS provides an excellent opportunity 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
Carbon Removal Investment Summit 2026: May 13, London – The Carbon Removal Investment Summit returns to London on May 13, 2026. cCarbon’s flagship, data- and modelling-driven dialogue brings together 200+ attendees from 160+ organisations, including investors, financiers, buyers, policymakers, developers, and market leaders shaping the carbon removals market. The summit features 40+ expert speakers across 10 curated sessions, along with a private investor conclave for deeper discussions among leading capital providers. The agenda explores where capital is moving, how investment and offtake structures are evolving, and what it will take to move from early momentum to meaningful scale. Early bird rates end Mar. 31 – Register here.
—————————————————
PREMIUM JOB LISTINGS
- Environmental Markets Correspondent, Carbon Pulse – Toronto/Vancouver
- Asia-Pacific Environmental Markets Correspondent, Carbon Pulse – Remote
See all listings or post a job
—————————————————
ADVERTISE WITH US
Check out our 2026 Advertising Brochure & Media Pack, featuring updated offerings and prices. Bookings are open! The pack presents an overview of our content, products, and readership, as well as full details of our website and newsletter advertising opportunities.
Got a tip? How about some feedback? Email us at [email protected]
