A carbon project developer focused on methane abatement announced on Thursday the sale of some 103,750 carbon credits from its Texan oil well plugging project.

Producers and financial players moved in opposite directions with their California Carbon Allowance (CCA) net length amid a lull in trading, according to the latest US Commodity Futures Trading Commission (CFTC) data.

A digital soil mapping (DSM) approach using machine learning and remote sensing could provide a scalable, lower-cost alternative to existing soil carbon monitoring, reporting, and verification (MRV) methods, with uncertainty deductions for carbon credit issuance falling below 5% for large, long-term projects, according to a new study.

According to an update from the UNEP Copenhagen Climate Centre, a total 65%, or 129 of 198 countries, have now taken steps towards Paris Agreement Crediting Mechanism (PACM) participation by appointing their Designated National Authorities (DNAs).

Countries that allow carbon-taxed entities to offset their liabilities with UN Clean Development Mechanism (CDM) credits could absorb some of these phased-out units, even repurposing them to address Paris climate targets or for use against the EU’s Carbon Border Adjustment Mechanism (CBAM).

New biochar book - A new book exploring biochar’s potential to support economic development and climate action was launched this week during an online event hosted by the Minnesota Biochar Initiative. "Biochar: Fueling a new economy in the developing world" is co-authored by Patrick Pineda, vice president of business development and sustainability at Florida Crystals and former CEO of The Next 150, and Sara Duarte, co-founder and chief science officer at SuperBiochar and former biochar research and development leader at The Next 150. Drawing on peer-reviewed research and practical experience, the book examines how biochar can support entrepreneurship, farming communities, financial resilience, sustainable resource management, and climate change mitigation.

A group of 12 oil and gas majors has Tuesday published the methodology it will use to report members’ aggregated performance against their collective 2025 carbon and methane intensity ambitions, with the results due in October.

In a market flooded with diverse transaction methods, from digital marketplaces and RFP platforms to brokers and exchanges, old-fashioned relationship-building is still the most common way to close a deal, according to a report. 

Hundreds of carbon projects left outside the Paris Agreement’s new crediting mechanism face an uncertain future, with developers weighing a patchwork of options ranging from voluntary markets and domestic compliance schemes to simply shutting down ageing programmes.

Up to a good CALSTART - The Oregon Department of Environmental Quality (DEQ) selected on Thursday global non-profit CALSTART and its partners as a provisional Community Climate Investment (CCI) entity in its Climate Protection Program, designed to reduce GHG emissions from fossil fuels. The appointment culminated a 10-week process to select organisations to participate as CCI entities. The CCI will fund GHG pollution reduction projects in the state. CALSTART and its partners have demonstrated expertise in reducing emissions in transportation and buildings, while prioritising equitable outcomes for lower income communities, which aligns with the DEQ programme. DEQ plans to develop an agreement with CALSTART on financial and administrative oversight for the funds for its decarbonisation projects, to be finalised by the end of 2026. Once CALSTART is an approved CCI entity, companies regulated by the Climate Protection Program can choose to make contributions to their projects, earning CCI credits in return.

An American forest carbon scientist has founded a new credit ratings agency committed to transparency and re-building market trust through enhanced and customisable scoring metrics. 

Verra opened a one-month public consultation process on Thursday for a major revision of its cookstove methodology in its Verified Carbon Standard (VCS) programme.

Carbon removal (CDR) buyers apart from Microsoft committed to a record-high volume of quarterly purchases, according to analysis published by a CDR portfolio manager on Thursday.