Traders and analysts told Carbon Pulse ahead of Wednesday's Q2 auction in the California-Quebec carbon market they generally expect a sellout slightly above the annual price floor, with some predicting potentially as high as $30 amid anticipation of a planned vote on regulatory updates next week.

Delaying carbon pricing hikes for Alberta’s Technology Innovation and Emissions Reduction Regulation (TIER) market would see Canada emit an additional third of its annual emissions by 2040, according to a think tank analysis.

Super pollutant credits could help bring more companies into carbon markets by offering a simpler near-term case for climate action than some carbon removal (CDR) pathways, stakeholders said on Tuesday, though cautioned that the approach still faces credibility and data gaps.

A third of US and Canadian companies now have a formal approach to tracking and managing supply-chain emissions, though emissions reductions rank low as a priority for climate action, according to a new survey.

Brazil's Ministry of Finance (MF) published Tuesday a proposed schedule for the initial, gradual inclusion of regulated sectors under the country's future emissions trading system (Portuguese: SBCE).

The two owners of a carbon capture and storage (CCS) project in El Dorado, Arkansas, announced a transaction where one company, a US-based ammonia manufacturer, will assume full control.

The voluntary carbon market (VCM) should shift from debating whether trust exists to building the financial infrastructure needed to attract capital and scale carbon removal (CDR), stakeholders said on Tuesday.

A US rice methane reduction project sold 1,000 carbon credits to a climate-focused non-profit, the developer announced this week.

Wind wins – Canada’s Natural Resources Minister Tim Hodgson on Tuesday joined Agnico Eagle Mines at ceremony for the redevelopment of the Hope Bay project in Nunavut and announced C$25 mln ($18.2 mln) in federal backing for a wind power project at the site. The Hope Bay Wind Project, led by Inuit-owned Kitikmeot Tugliq Limited Partnership, will add 4.2 MW of wind generation and 4 MW of battery storage, with the government estimating it could cut diesel use by 3 mln litres annually and reduce GHG emissions by more than 8,000 tonnes per year.

The Paris Agreement's Article 6 mechanism could help channel more investment into carbon removal (CDR) projects in the Global South, but slow domestic implementation and uneven demand signals are still limiting its impact, developers said Tuesday.

The UN’s aviation offsetting scheme CORSIA does not meet the EU’s conditions for keeping its Emissions Trading System (ETS) exemption for international flights, according to an analysis of EU legislation and market conditions.

Pressure on JPMorgan - The NGO ShareAction on Tuesday urged JPMorgan's shareholders to vote against the re-election of Jamie Dimon as chair of the board and CEO, arguing that the bank has backtracked on its climate commitments, including safeguards on coal and Arctic oil and gas developments.

Registry upgrade - US-based carbon crediting standard Climate Action Reserve (CAR) is seeking expressions of interest (EOI) for a long-term partner to help design, implement, and maintain a next-generation registry platform, as it looks to modernise project data management and carbon credit tracking. The US-based standard said the process will involve an EOI stage, due to close June 8, followed by a request for proposals process expected to finish by the end of 2026. The Reserve has registered 982 projects and issued more than 259 mln credits to date, and has used Xpansiv/APX as its registry partner since 2008.

As the aviation industry prepares for the next phase of the UN's Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) in 2027, a new legal analysis has warned that the long-anticipated surge in global demand for carbon credits may fall far short of expectations due to weak national implementation and inconsistent enforcement.

Companies aiming for net zero should begin to classify their emissions from fastest and easiest to cut through to hardest-to-abate, in order to overcome the challenge of pinpointing the residual emissions that will need to be removed to hit the 'net', according to researchers.

Forest protection targets focused primarily on total forest area may overlook substantial carbon losses linked to fragmentation, according to new research analysing 17 million forest patches across the conterminous US.

Gold Standard launched a consultation on Tuesday, introducing a new voluntary reporting pathway for project developers which it said could reduce the risk of double counting co-benefit and certified contributions to the UN’s Sustainable Development Goals (SDGs).

Brazil’s Petrobras acquired 1.2 million carbon credits from an Amazon forest conservation project in 2025, retiring some of the units to offset emissions from a carbon neutral gasoline product, according to its latest climate and energy transition report.

Rare earth dependence –  G7 finance chiefs are under mounting pressure to accelerate efforts to cut their dependence on Chinese rare earths, German Finance Minister and Vice Chancellor Lars Klingbeil warned on Monday. Speaking after a G7 meeting in Paris, Klingbeil said governments “have no time to lose” and must improve procurement and expand production of critical minerals essential for clean technologies and defence systems. He also urged the introduction of recycling quotas to boost recovery and reuse of critical raw materials, stressing the need to avoid “the next dependency” as the Iran and Ukraine wars expose fossil fuel and gas vulnerabilities. (Reuters)

Project proponents announced the successful verification and issuance of more than 500,000 credits for Oregon-based reforestation on Tuesday.

Several Latin American countries are poised to benefit from the European Commission's newly published rules for recognising domestic carbon prices, including carbon credits, paid before products are exported and subject to the EU's Carbon Border Adjustment Mechanism (CBAM). 

The global buildings sector is now 3.5 billion tonnes of CO2 off the trajectory needed to meet international net zero targets, with decarbonisation momentum “stalled”, according to a United Nations report released on Tuesday.

Companies see carbon removal (CDR) as essential to reaching net zero but are waiting to see how policy and reporting rules materialise before they invest, according to a survey of senior executives across Fortune 1000+ companies.