DATA DIVE: Mind the gap – EU falling short on CO2 storage capacity target
Oil and gas companies across the European Union are currently falling short of their obligation to provide 50 million tonnes of CO2 storage capacity annually by 2030, according to a tally of announced and approved projects across Europe.
Read MoreDATA DIVE: Europe’s ETS-covered shipping emissions rise 5.2% in 2024
European shipping emissions covered by the bloc’s carbon market rebounded in 2024, rising 5.2% in large part due to diversions of container ships to avoid attacks in the Red Sea, according to a Carbon Pulse analysis of preliminary data published this week.
Read MoreDATA DIVE: Fossil power demand could drive EU ETS emissions increase for first time in years
Strong fossil-based electricity generation in the first six months of 2025 could see the EU ETS record the first annual rise in emissions since 2022, analysts have said, but weather patterns across the second half of the year will determine whether demand holds up in the face of a weak macroeconomic outlook.
Read MoreDATA DIVE: Carbon credit retirements against South Africa tax hit record level in 2025, buyers flock to cookstoves
The number of offsets retired against South Africa’s carbon tax has already hit a record level this year, with the figure now expected to rise in future given the government’s decision to expand the use of carbon offsets in its carbon tax, extend the utilisation window for older credits, and push forward with preparations for Paris-aligned crediting under Article 6.Â
Read MoreDATA DIVE: Carbon pricing stabilised in 2024 as emissions hit another record
Global carbon pricing systems delivered a mixed performance in 2024, with some compliance schemes rebounding while others slumped, even as energy-related emissions rose for the fourth straight year, a report showed Thursday.
Read MoreDATA DIVE: Growth of corporate climate target setting remains strong despite political headwinds
The number of companies setting climate targets has maintained strong momentum over the first six months of 2025, despite a more challenging political environment for corporate environmental action.
Read MoreDATA DIVE: Carbon removals market faces supply crunch with new buyers coming to the fore
The market for carbon removal credits is increasingly seeing demand outstrip supply, with credit deliveries unable to keep up with the rate of purchases, analysis by Carbon Pulse shows.Â
Read MoreDATA DIVE: Where have C$1 billion in Alberta carbon market revenues gone?
Over C$1 billion ($731 million) in revenues from Alberta’s carbon pricing system have financed clean technology solutions across renewable energy, alternative fuels, and carbon management.
Read MoreDATA DIVE: How UK carbon prices have responded to EU ETS linking headlines in 2025
UK ETS allowances are nearly £20 more expensive than they were at the beginning of 2025, with the rise in price thanks in large part to several speculative articles – as well as later official announcements – reporting that the UK and EU aim to connect their two emissions trading schemes (ETSs), but analysts have highlighted that the volatile nature of the headline-driven market is also unlikely to change soon.
Read MoreVCM MONTHLY DATA: Major jump in May voluntary carbon issuances, as credit retirements also soar 75%
May saw a major jump in issuances in the voluntary carbon market (VCM), while monthly retirements also soared 75% year-on-year, putting the market back on track for a record year, new Carbon Pulse analysis of registry data shows.
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