DATA DIVE: EU solar generation boom offset by strong gas rebound
The EU’s 2025 boom in solar generation was offset by a strong rebound in gas, according to electricity data updated for the calendar year.
Read MoreVCM MONTHLY DATA: Carbon credit retirements down 30% MoM, as CORSIA supply trickles in
Voluntary carbon credit retirements were down by 30% month-on-month in November, and at 50% of the levels seen over the same period last year, as issuance also fell away, while CORSIA supply started to filter in as new credits were tagged as eligible for the UN’s international aviation offsetting scheme.
Read MoreDATA DIVE: The road to ending oil dominance faces many hurdles
Hopes the world will soon hit peak oil demand have been dented after COP30 ended without a direct reference to fossil fuels in the final decision text, but the world’s crude dependence still faces many twists and turns.
Read MoreDATA DIVE: CORSIA Phase 1 demand will be higher than previously thought, say analysts
Analysts have raised their CORSIA demand forecasts in light of an October announcement by ICAO that signalled that the aviation sector had grown by more than expected in 2024.
Read MoreCOP30: DATA DIVE – Critics say Brazil failing to match climate rhetoric with action – are they right?
Brazil is straddling a thin line between climate champion and fossil fuel producer, as the second fastest-growing oil supplier in the world over the past decade, but with slipping greenhouse gas emissions, according to Carbon Pulse analysis.
Read MoreVCM MONTHLY DATA: Oil majors return to the fold as EU gives a major demand boost to Article 6 carbon market
October saw voluntary carbon credit issuances fall by around 40% compared to September’s bumper month, with retirements rising by nearly 1.4 million over the same period, as data from an analytics firm shows that the oil majors have returned as a major demand source in the VCM.Â
Read MoreDATA DIVE: NZ ETS sees applications plummet in October, govt data shows
The volume of applications to submit land in to New Zealand’s Emissions Trading Scheme (ETS) has crashed in October as the farm-to-forestry conversion bill takes hold.
Read MoreVCM MONTHLY: Voluntary carbon issuances hit highest level since end of last year but credit retirements down
September saw voluntary carbon credit retirements fall by over 1 million compared to August, and down over 1.3 mln on Sep. 2024 levels, while issuances hit their highest level since last December, new Carbon Pulse analysis of registry data shows.
Read MoreDATA DIVE: ICVCM CCP decisions to see vastly different impacts on LATAM carbon projects by sector
The Integrity Council for the Voluntary Carbon Market’s (ICVCM) approval of certain methodologies for the Core Carbon Principles (CCPs) quality label is having starkly different impacts according to project type in Latin America, analysis by Carbon Pulse has found.
Read MoreDATA DIVE: Only a quarter of new Paris pledges submitted so far, falling well short of 1.5C
When Antionio Guterres took to the stage of the UN General Assembly on Tuesday to declare that “fossil fuels were a losing bet” and that “the window is closing” to limit warming to 1.5C, he did so in the knowledge that nearly 75% of member states had failed to submit their 2035 NDCs.
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