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- Tue 11:33The UN’s Technical Expert Reviews (TERs) of Article 6.2 initial reports are fully within bounds, and are not erroneously applying Paris Agreement Crediting Mechanism (PACM) norms, a senior member of the UNFCCC has said.
- Tue 11:14Global data shows early signs that ecosystem restoration rates could exceed those of deforestation, according to the founding chair of the UN Decade on Ecosystem Restoration, who is optimistic this milestone could be reached within 30 years.
- Carbon credit issuances and retirements bounced up in May year-on-year across the voluntary carbon market while benchmark CORSIA prices fell 22% to end the month around $10/tonne, their lowest level since June 2024.
- Tue 08:32A US climate platform is seeking more than 100,000 carbon removals (CDR) and super pollutant mitigation credits, with a particular focus on projects in Southeast Asia, Latin America, and island nations, it announced.
- Tue 08:12The Brazilian COP30 presidency’s deforestation roadmap, presented in an early form on Monday, has been well received by a coalition of the willing, while the endeavour to draft a fossil fuel transition plan has sparked some backlash, Carbon Pulse heard in Bonn.
- Tue 01:55California oil - The Trump administration is in active talks to create a petroleum reserve in California, Politico reported Friday. That’s according to a document authored by lawyers of Sable Offshore, a company that owns oil platforms off the state’s coast, which was sent to the US DOE. The company has proposed a West Coast Strategic Petroleum Reserve to bolster supplies, though it is expected to draw opposition from California lawmakers.
- Tue 01:14Academic economics researchers published a working paper illustrating the impacts of carbon tariffs and domestic taxes, creating a model that disproves the trade-off between global emissions reductions and US GDP.
