Carbon project ratings agency lays off dozens of staff amid voluntary market slowdown
A carbon project ratings agency has laid off dozens of staff members amid a company restructuring campaign, Carbon Pulse has learned.
Read MorePREVIEW: Washington’s Q4 auction expected to trigger reserve sale
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 MoreNorth Dakota coal plant CCS project loses lead developer despite DOE support
A large-scale carbon capture and storage (CCS) project at a North Dakota coal plant is in limbo as a co-developer withdrew from the project months after receiving federal support from the US Department of Energy (DOE).
Read MoreCalifornia power emissions drop YoY in October despite renewables receding, natural gas demand rising
California electricity sector emissions fell year-on-year (YoY) in October even as the share of renewable energy declined and natural gas rose, according to data published Monday by the state’s grid operator.
Read MoreFEATURE: No sign of Canada’s 2035 climate target, despite mandate by law
Canada’s 2035 climate target was expected Dec. 1 as per federal law, but legal ramifications resulting from the delay appear limited amid a challenging political environment for increased climate ambition.
Read MoreDelays cause CO2 pipeline developer to withdraw permit application in Iowa
A midwestern carbon pipeline company has withdrawn its permit application to build a CO2 pipeline in Iowa after delays created uncertainty around the project’s timeline, the company said in state filings.
Read MoreCOMMENT: A purposeful scientific community of practice can help carbon markets deliver impact at scale
Nature-based solutions, particularly those harnessed by the voluntary carbon market, play a critical role in addressing the urgent interlinked crises of climate change and biodiversity loss by mobilising private finance for conservation and restoration, fostering interdisciplinary research, and ensuring ethical practices, even as they face scrutiny and require continuous improvement to scale their impact effectively.
Read MoreSustainable aviation too slow to take off, finds report
A mere 12% of airlines around the world are making “noteworthy efforts” to switch from kerosene to truly sustainable aviation fuels (SAFs), while the others are either buying too little or the wrong kind of alternative, according to an NGO ranking published on Tuesday.
Read MoreFragmentation of standards a fact of life in new carbon market landscape, say experts
Fragmentation in international carbon markets is now a “reality”, and it is unlikely that there will be a single global standard for credits as countries continue to take different approaches in terms of project development, according to panelists speaking at a conference on Tuesday.
Read MoreUPDATE – WCI, Washington release expected 2025 auction dates and reserve prices
The California-Quebec joint carbon market and Washington’s cap-and-invest programme announced auction dates and reserve prices for 2025 on Monday, along with next year’s sale volumes.
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