Euro Markets: Bulls drive late spike in EUA prices to erase early losses, defend positions ahead of auction pause
European carbon prices jumped late in the session on Tuesday as bullish traders drove prices higher ahead of the settlement window to defend the recent rally in the face of growing bearish sentiment, while UKAs gained by the most in the market’s history after the Financial Times reported that the British government has asked for relinking to the EU ETS to be added to the agenda of an upcoming summit in Brussels.
Read MoreEcocem set to break ground on its first low-carbon cement technology plant
Low-carbon cement producer Ecocem intends to build the first production facility dedicated to its new cement technology in the French port city of Dunkirk, the company announced on Tuesday.
Read MoreCredits from world’s largest soil carbon project could be invalid after landmark ruling
More than a million credits from the world’s largest soil carbon project, the Northern Kenya Grasslands Project, could be invalid after a landmark court ruling this week.
Read MoreFEATURE: DAC startups seek to stand out by offering added benefits of water, electricity production
A couple of early-stage direct air capture startups seek to stand out from the pack by offering the added benefits of generating electricity in one case, and water in the other, alongside capturing CO2 from the air.
Read MoreThermal energy storage could cut costs by 30-150% while decarbonising industrial heat -report
Thermal energy storage (TES) could reduce energy costs by 30-150% while helping to decarbonise industrial processes and stabilise power grids, according to a new report released on Tuesday.
Read MorePortuguese organisation launches initiative to support roll out of plastic credit projects in developing countries
A Lisbon-based organisation has launched an initiative to support collection and recycling projects entering the inaugural plastic credit market, aiming to scale private financing towards developing countries, its co-founders told Carbon Pulse.
Read MoreICE to launch new carbon registry platform, host ACR, ART credits
The Intercontinental Exchange announced Tuesday it will launch a new digital platform in late 2025 to streamline carbon credit lifecycle management, with Winrock International’s Environmental Resources Trust (ERT) serving as its first partner.
Read MoreFEATURE: ‘Avoided’ emissions confusion hangs over international carbon markets
Competing understandings of ‘avoided’ emissions have proliferated across international carbon markets and the greenhouse gas (GHG) accounting landscape, perpetuating confusion over the term while sending mixed signals to prospective buyers of credits.
Read MoreUK charities join forces to scale nature-based solutions in Kenya
Two UK-based NGOs have partnered to scale nature-based solutions (NbS) in Kenya, aiming to advance conservation and restoration efforts across freshwater and mangrove habitats, they announced on Tuesday.
Read MoreINTERVIEW: Voluntary buyers must act now despite SBTi uncertainty on carbon credit use
Uncertainty over whether the Science-Based Targets initiative (SBTi) will approve carbon credit use as part of corporate net zero goals does not have to deter buyers from participating in the voluntary market — but they should adopt a creative approach to accounting while they wait for clarity, according to the CEO of a brokerage.
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