War-driven fertiliser price spike puts spotlight on agribusiness profits ahead of EU action plan
The European Commission’s action plan for fertilisers due on Tuesday will land amid renewed scrutiny of the sector after an investigation found executives and investors at major agribusiness firms sold more than $66 million in shares during war-driven price spikes.
Read MoreCarbon standard launches new soil management protocol
A carbon standard has unveiled a new protocol designed to improve how soil-based removal projects are measured and verified.
Read MoreAmazon pushes against carbon removals ‘groupthink’, says markets need reduction credits too
Amazon has pushed back against relying solely on carbon removals, a trend common among major corporate buyers, to instead focus on high-quality emissions reduction credits that it said were essential to scale voluntary markets.
Read MoreBRIEFING: Asian transition credits could find home in compliance markets, but questions over additionality remain -IEA
Compliance carbon markets could become the biggest source of demand for transition credits in Asia’s coal transition, provided project developers can prove that early closures are genuinely additional amid falling renewable energy costs, the International Energy Agency (IEA) said in a report.
Read MoreIndia could remove 450 MtCO2 through biochar by 2030, claims paper
India has the potential to scale carbon removal from biochar to 450 million tonnes of CO2 annually by 2030, creating a $45 billion market largely from utilising a fraction of surplus agricultural residues, according to a report released Saturday.
Read MoreUPDATE- Canada-Alberta undercut existing federal benchmark with TIER C$140/t headline carbon price
Canada and Alberta have set a headline carbon price of C$140 per tonne by 2040 for the oil-producing province’s Technology Innovation and Emissions Reduction Regulation (TIER) market.
Read MoreCarbon accounting should track warming impacts over time to support emissions claims, industry researchers say
Companies using super pollutant abatement and carbon removal (CDR) to compensate for emissions should account for their warming impact over time, rather than rely on a single global warming potential horizon, according to a new preprint from researchers in the tech and CDR sectors.
Read MoreCDR MONTHLY: Over 1 mln CDR tonnes contracted in April as removals registry records best month on record
April saw around 1.14 million tonnes of durable carbon removals (CDR) contracted, with deals that saw JPMorgan Chase and Boeing add to their existing portfolios, while a registry focused solely on CDR saw record monthly issuances and retirements.
Read MoreBRIEFING: BECCS ambitions in Brazil hinge on carbon pricing, regulatory clarity
Brazil’s ethanol industry could become a globally competitive source of engineered carbon removals through bioenergy with carbon capture and storage (BECCS), but developers are still waiting for the regulatory clarity and carbon pricing signals needed to make projects financially viable.
Read MoreInvestment in carbon credits hits record high as buyers shift focus -analysts
Early-stage capital invested in the carbon credit market reached a record $22 billion last year as more buyers sought to lock in price and quality, according to an analyst group.
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