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SK Market: March CO2 auction oversubscribed, clears at 9,100 won

Published 11:02 on March 12, 2025  /  Last updated at 11:02 on March 12, 2025   / /  Asia Pacific, South Korea

South Korea's latest monthly CO2 permit auction on Wednesday was oversubscribed, though analysts remained cautious about the market outlook as more regulatory clarity may only be provided around mid-year. Read More
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More efficient CO2 capture seen as key to scale CCS industry

Published 10:22 on March 12, 2025  /  Last updated at 10:22 on March 12, 2025   / /  Asia Pacific, Australia

More attention must be paid to capturing post-combustion carbon streams with low CO2 concentrations if the world is to hit climate targets and scale the carbon capture and storage (CCS) industry, a Perth conference heard this week. Read More
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China's Guangdong cuts free allocation to industrial emitters under regional ETS

Published 09:44 on March 12, 2025  /  Last updated at 11:24 on March 12, 2025   / /  Asia Pacific, China

China's Guangdong province will reduce the free allocation of CO2 permits to industrial emitters regulated under its emissions trading scheme, as it seeks to further strengthen the operation of the regional carbon market. Read More
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Australian regulator extends carbon abatement contract delivery deadline

Published 07:41 on March 12, 2025  /  Last updated at 07:41 on March 12, 2025   / /  Asia Pacific, Australia

Australia’s Clean Energy Regulator has agreed to reschedule the delivery deadline for carbon abatement contracts (CACs) to the end of the calendar year, as it waits on the government to decide future exit window arrangements. Read More
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NZ methane target review risks confusion for emissions accounting

Published 05:56 on March 12, 2025  /  Last updated at 05:56 on March 12, 2025   / /  Asia Pacific, New Zealand

The New Zealand government risks causing confusion should it decide to change how it accounts for methane emissions, an environmental group has warned. Read More
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US EPA terminates $20 bln GHG reduction programme grants

Published 02:42 on March 12, 2025  /  Last updated at 02:45 on March 12, 2025   / /  Americas, US, Voluntary

The administrator of the US EPA announced Tuesday that the agency was pulling $20 billion in awards towards GHG reduction schemes from federal grant recipients following a review into alleged financial mismanagement. Read More
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INTERVIEW: Interactive map platform to help decarbonise agribusiness launches

Published 09:00 on March 12, 2025  /  Last updated at 21:25 on March 11, 2025   / /  Africa, Americas, Asia Pacific, EMEA, Middle East, Nature-based, South & Central, Voluntary

A Swiss startup on Wednesday launched a free web platform that leverages publicly available geospatial data to create interactive, high-resolution maps of land use change emissions factors, aiming to help decarbonise agribusiness in line with GHG Protocol and Science Based Targets initiative (SBTi) guidelines. Read More
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PREVIEW: RGGI Q1 allowance sale battered sub-$20 amidst US-Canada tariff tit-for-tat uncertainty

Published 04:19 on March 12, 2025  /  Last updated at 04:19 on March 12, 2025   / and /  Americas, US

Market participants and analysts largely expect RGGI’s first quarterly permit sale to clear sub-$20 amid ongoing macro uncertainty from US-Canada tariff-driven volatility and lack of regulatory clarity. Read More
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CERAWeek: CCS needs to look beyond tax credits for ways to reach FID

Published 23:57 on March 11, 2025  /  Last updated at 23:57 on March 11, 2025   / and /  Americas, US, Voluntary

Carbon capture and sequestration (CCS) developers in the US are searching for new ways to advance project proposals to final investment decisions (FIDs) as the industry faces new economic and political uncertainties, developers said Tuesday at CERAWeek. Read More
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EU ETS set for supply squeeze, price surge amid structural tightening -investment bank

Published 23:46 on March 11, 2025  /  Last updated at 00:13 on March 12, 2025   /  Carbon Taxes, CBAM, EMEA, EU ETS

The EU ETS is set for significant tightening and higher allowance prices from 2026 as emissions caps shrink, free allowances phase out, and the bloc’s Carbon Border Adjustment Mechanism (CBAM) moves to full implementation, according to a large bank’s investment strategy unit. Read More
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Bipartisan US lawmakers seek repeal of 45Q CCS tax credits

Published 19:13 on March 11, 2025  /  Last updated at 00:49 on March 12, 2025   / /  Americas, US, Voluntary

US lawmakers from both sides of the aisle have reintroduced legislation to repeal 45Q tax credits that have become a negotiating tool to avoid a looming government shutdown this week. Read More
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Largest US pension fund under fire for labelling oil, coal holdings as "climate" investments

Published 20:56 on March 11, 2025  /  Last updated at 20:56 on March 11, 2025   /  Americas, US, Voluntary

The California Public Employees' Retirement System (CalPERS), the largest public pension fund in the US, has come under scrutiny after an analysis revealed it had classified more than $3 billion in investments in oil drillers, coal companies, and other major emitters as part of its “climate solutions” portfolio. Read More
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Brazilian development bank, environment ministry open public consultation on carbon certification

Published 23:27 on March 11, 2025  /  Last updated at 23:27 on March 11, 2025   / /  Americas, International, Nature-based, Paris Article 6, South & Central, Voluntary

Brazil’s National Bank for Economic Development (BNDES) and the Ministry of Environment and Climate Change (MMA) on Tuesday announced the opening of a public consultation on expanding homegrown capacity to certify carbon credits. Read More
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Forest non-profit to build capacity for Indigenous-led Brazilian carbon finance strategy

Published 01:02 on March 12, 2025  /  Last updated at 01:02 on March 12, 2025   / /  Americas, Climate Talks, International, Nature-based, South & Central, Voluntary

A US-based international forest non-profit has announced a partnership with Brazil’s Ministry of Indigenous Peoples to support conservation, governance, and forest economies in Indigenous lands across Brazil. Read More
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BRIEFING: US forest carbon credit experts propose new methods to tackle leakage

Published 00:35 on March 12, 2025  /  Last updated at 00:35 on March 12, 2025   / /  Americas, Nature-based, US, Voluntary

The voluntary carbon market can better address the risk of forest carbon offset leakage – where projects shift harvest activity to areas beyond the credit-generating scheme – experts said on Tuesday. Read More