CN Markets: CEAs extend recent losses, liquidity drops after national holiday
Permit prices in China’s national CO2 emissions market continued to drop over the past week, reaching their lowest level since Sep. 2023, amid mounting bearish sentiment.
Read MorePapua New Guinea court protects REDD+ project by cancelling disputed land lease
A Papua New Guinea court has cancelled a disputed agricultural lease that threatened to clear forest land hosting a REDD+ carbon project, in a ruling that now protects 5 million tonnes of CO2 emissions from potential deforestation.
Read MoreEuro Markets: EUAs secure 4% weekly gain on gas strength, UKAs slip as market takes stock of uncertainty
European carbon prices moved in a thin range across Friday, boosted by another strong auction and tracking supportive energy prices for much of the day, as the benchmark EUA secured a 4% weekly gain, while UKAs eased marginally lower within participants continuing to react to a lack of clarity on timeline for linkage of the market to the EU ETS.
Read MoreCP Daily News Ticker: June 6, 2025
CO2 cargo – DNV has granted approval in principle to a next-generation liquefied CO2 carrier developed by Hoegh Evi, Aker BP, and Moss Maritime. The carrier is designed to transport captured CO2 safely and cost-efficiently from industrial emitters in Europe to offshore sequestration sites on the Norwegian Continental Shelf. The…
Read MoreKenya to push through final three key carbon regulations by end of year
Kenya plans to finalise three key parts of its carbon market regulation by the end of the year, a senior official said Friday.
Read MoreFEATURE: Industry, agriculture majors using environmental DNA to tackle risk, boost profits
An environmental DNA company is working with oil majors, miners, and agricultural corporates to identify high risk areas for biodiversity in their supply chains, with the data used to inform business decisions and respond to regulatory drivers.
Read MoreINTERVIEW: UK govt urged to plug into nascent EU voluntary nature market
The UK should find a way to plug itself into the EU nature credit framework being developed by the European Commission, as the government’s recent U-turn on the biodiversity net gain (BNG) policy risks undermining the voluntary market uptake in the country, an expert told Carbon Pulse.
Read MoreJapanese steelmakers urged to scrap controversial carbon accounting method
Some 30 civil society groups have published an open letter urging steelmakers to focus on decarbonising their industry instead of sticking to an accounting method that allows them to market coal-based steel as green.
Read MoreCP Daily News Ticker: June 6, 2025
Minor cuts – Norway’s GHG emissions dropped 3.5% last year to 45 MtCO2e, preliminary data from its statistics agency said Friday. Main causes for the drop were increased electrification in the oil and gas sector, more EVs, and disruptions in industrial production. Norway has reduced its emissions 8.8% since 2021,…
Read MoreCP Daily News Ticker: June 6, 2025
Solar roofs – UK government ministers are expected to announce Friday that the vast majority of new build homes in England will need to have rooftop solar as well as low-carbon heating such as heat pumps, and high energy efficiency, in a bid to cut household energy bills and achieve…
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