US Northeast states sue Trump administration over $795 mln offshore wind lease cancellation
A coalition of seven states in the US Northeast sued the Trump administration on Tuesday over a deal to cancel an offshore wind lease in the New York Bight, arguing the agreement unlawfully redirects a major power project into fossil fuel investment and undermines state energy planning.
Read MoreCanadian financial regulators lag on use of climate risk tools beyond disclosure -report
Canada’s financial regulators remain concentrated on disclosure and climate-risk research while leaving stronger tools largely unused, even as physical damages and transition risks grow across the financial system, according to a new report.
Read MoreFAO guidance seeks alignment on tree crop mapping data
New guidance published this week seeks to improve the consistency and transparency of spatial data used to monitor deforestation-linked commodity supply chains.
Read MoreNearly 600 mln eligible CORSIA credits held up in LoA bottleneck, finds rating agency
The bottleneck in host countries approving projects for CORSIA, the international aviation offsetting scheme, is holding back nearly 600 million eligible credits to date, a ratings agency has found.
Read MoreUS carbon removal firm receives Japanese investor backing, signs credit deal
A US carbon removal company has secured investment from a Japanese trading firm to expand a facility in Arkansas, while separately signing a credit purchase agreement with a major shipping group, it announced Wednesday.
Read MoreStudy shows biochar carbon credits trade higher with SDG co‑benefits
Buyers in the voluntary carbon market are paying more for biochar carbon credits when they are marketed with Sustainable Development Goal (SDG) co‑benefits, according to a study.
Read MoreOffsets firm founder sentenced to 14 years in US prison over $248 mln fraud scheme
A co-founder of a California-based carbon offsets developer and fintech startup has been sentenced to 14 years in a US prison after admitting to a years-long fraud scheme that prosecutors said caused $248 million in losses to lenders and investors.
Read MorePREVIEW: Clear near 2026 APCR Tier 1 trigger expected at Q2 Washington auction
Traders and analysts polled by Carbon Pulse ahead of Wednesday’s Q2 Washington carbon auction said they expect the auction to clear all available supply at prices within a couple of dollars of the 2026 Allowance Price Containment Reserve (APCR) Tier 1 trigger, although views were somewhat split on whether that would be at, above, or below that level.
Read MorePREVIEW: Expectations wide-ranging for Q2 RGGI auction amid recent volatility, but sale set for all-time high clear
The Q2 RGGI carbon auction could result in clears between several dollars below or above current secondary market prices, which have fluctuated at historic highs amid unprecedented volatility recently, traders and analysts told Carbon Pulse ahead of Wednesday’s sale.
Read MoreCanadian CDR developer nearly tripled Q1 revenue YoY in “strong start” to 2026
An offsets developer based in British Columbia reported net earnings of C$693,200 ($500,900) in the first quarter of 2026 and nearly tripled the company’s quarterly revenue year-on-year.
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