Chinese papermaker secures contracts to grow carbon project pipeline

Published 08:39 on December 4, 2024  /  Last updated at 08:39 on December 4, 2024  / /  Asia Pacific, China

A Shanghai-listed forestry and paper company is gearing up for the expansion of its nature-based carbon business in China, with several new projects in the pipeline. 

Read More

Govt panel says New Zealand can lower methane reduction ambitions

Published 08:35 on December 4, 2024  /  Last updated at 08:35 on December 4, 2024  / /  Asia Pacific, New Zealand

Even if the world meets its global 1.5C temperature target, New Zealand can get away with reducing methane emissions at the very low end of its legislated target, and even go below that if climate action elsewhere is less successful, a controversial government panel said Wednesday.

Read More

Major biochar project to get grant funding in Western Australia

Published 07:31 on December 4, 2024  /  Last updated at 07:31 on December 4, 2024  / /  Asia Pacific, Australia, Nature-based, Voluntary

One of the world’s largest biochar carbon removals projects is among the five recipients to receive a total A$33.6 million ($21.7 mln) in concessional grant funding from the government of Western Australia, according to an official announcement.

Read More

Australian soil carbon project developer acquires tech platform

Published 05:30 on December 4, 2024  /  Last updated at 05:30 on December 4, 2024  / /  Asia Pacific, Australia

One of Australia’s largest soil carbon project developers has acquired a tech company’s risk and impact assessment tool that it will combine and launch as a new platform, it announced this week.

Read More

CP Daily: Tuesday December 3, 2024

Published 03:35 on December 4, 2024  /  Last updated at 03:35 on December 4, 2024  /  Newsletters

A daily summary of our news plus bite-sized updates from around the world.

Read More

Washington finalises regulatory updates for imported power under carbon market

Published 02:39 on December 4, 2024  /  Last updated at 02:39 on December 4, 2024  / /  Americas, US

Washington state on Tuesday adopted amended regulations to establish obligations in future for emissions associated with imported power from centralised electricity markets (CEMs).

Read More

PREVIEW: Programme review uncertainty tempers RGGI Q4 auction expectations

Published 02:28 on December 4, 2024  /  Last updated at 02:28 on December 4, 2024  / /  Americas, US

Traders expect RGGI’s last permit sale to clear discounted or near secondary market prices, with mild involvement from financial entities given uncertainty on programme review next steps.

Read More

Carbon project ratings agency lays off dozens of staff amid voluntary market slowdown

Published 01:05 on December 4, 2024  /  Last updated at 01:05 on December 4, 2024  / /  Americas, Asia Pacific, Bavardage, EMEA, Nature-based, Voluntary

A carbon project ratings agency has laid off dozens of staff members amid a company restructuring campaign, Carbon Pulse has learned.

Read More

New Zealand unveils details on limiting exotic forestry in ETS

Published 00:58 on December 4, 2024  /  Last updated at 01:25 on December 4, 2024  / /  Asia Pacific, New Zealand

The New Zealand government on Wednesday published long-awaited elements of its plan to limit exotic forestry in the Emissions Trading Scheme based on Land Use Capability (LUC) class. 

Read More

PREVIEW: Washington’s Q4 auction expected to trigger reserve sale

Published 00:37 on December 4, 2024  /  Last updated at 00:37 on December 4, 2024  / /  Americas, US

Washington’s final current vintage auction for this year is anticipated to prompt a reserve sale that would release additional volumes, driven by the market’s need for increased permit supply.

Read More