GEM’s carbon registry sale to Qatar’s GCC cancelled

Published 23:50 on December 13, 2024  /  Last updated at 23:50 on December 13, 2024  / /  Bavardage, EMEA, Middle East, Voluntary

Global Environmental Markets’ (GEM) sale of its fully integrated carbon registry business to Qatar-based offset standards body Global Carbon Council (GCC), which was announced at COP28 in Dubai last year, has been cancelled, the parties told Carbon Pulse.

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Canada’s Hempalta takes full ownership of carbon credit platform Hemp Carbon Standard

Published 00:12 on December 11, 2024  /  Last updated at 00:12 on December 11, 2024  /  Americas, Bavardage, Canada, Nature-based, Voluntary

A Canadian manufacturer of sustainable hemp products has bought the remaining 49.9% stake in a platform that creates and distributes carbon sequestration certificates to projects that use the material.

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EKI Energy director resigns, citing ‘unavoidable circumstances’

Published 13:43 on December 10, 2024  /  Last updated at 13:43 on December 10, 2024  / /  Asia Pacific, Bavardage, Other APAC, Voluntary

A director at India’s largest carbon offset developer has tendered his resignation amid what he called “unavoidable circumstances” in a company filing to the Bombay Stock Exchange.

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Industry veteran launches new Houston-based environmental brokerage, consulting firm

Published 00:45 on December 10, 2024  /  Last updated at 00:45 on December 10, 2024  /  Americas, Bavardage, RINs & LCFS, US, Voluntary

A financial markets veteran has started a new Houston-based brokerage and consulting firm specialising in environmental credit solutions.

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Switzerland’s Alpiq hires veteran European emissions trader

Published 17:21 on December 6, 2024  /  Last updated at 17:21 on December 6, 2024  /  Bavardage, EMEA, EU ETS, Switzerland

Switzerland’s Alpiq has hired a veteran trader for its European emissions desk.

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Poor health of former CQC executive Newcombe delays US fraud trial

Published 02:56 on December 6, 2024  /  Last updated at 02:56 on December 6, 2024  / and /  Americas, Asia Pacific, Bavardage, EMEA, Other APAC, US, Voluntary

A US District Court judge on Thursday delayed the trial of former C-Quest Capital executives Ken Newcombe and Tridip Goswami, who both face federal fraud charges, with the ex-CEO to be placed in a protective “bubble” as he undergoes drastic cancer treatment.

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AI-powered climate tech firm discontinues VCM platform, services

Published 13:08 on December 4, 2024  /  Last updated at 14:30 on December 4, 2024  / and /  Americas, Asia Pacific, Bavardage, EMEA, Nature-based, Voluntary

An AI-powered climate tech company has shut down its online voluntary carbon market platform and halted access to its project data and other services.

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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.

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Veteran carbon analyst joins ClearBlue Markets

Published 16:12 on December 2, 2024  /  Last updated at 16:13 on December 2, 2024  / /  Americas, Bavardage, EMEA, EU ETS

A veteran carbon analyst has joined carbon analytics and consulting firm ClearBlue Markets after leaving London Stock Exchange Group (LSEG) earlier this year.

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Carbon credit financier names commodities trading “expert”, activist investor as new CEO

Published 01:43 on November 22, 2024  /  Last updated at 01:43 on November 22, 2024  /  Americas, Bavardage, Canada, Nature-based, US, Voluntary

A Toronto-based carbon credit project financier has named a commodities trading “expert” and activist investor as its new CEO.

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