INTERVIEW: Saudi Arabia ready to ship renewable hydrogen to Europe in 2027
Saudi Arabia will soon be ready to produce green hydrogen-derived ammonia for a fraction of the costs currently seen in Europe, but slow EU policy implementation and trade bottlenecks are still holding back large-scale offtake and investment decisions, according to Acwa, a Saudi-listed developer.
Read MoreBRIEFING: Optimism ahead of UN vote on landmark ICJ climate opinion
Environmental campaigners are optimistic that the UN General Assembly will vote on Wednesday to adopt a resolution to endorse last year’s historic International Court of Justice (ICJ) advisory opinion on climate change, which found that states have a legal obligation to cut GHG emissions.
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 MoreBRIEFING: Recent RGA spike “disproportionately” bullish, but prices to ramp up in coming years -analysts
The recent spike in RGGI Allowances (RGA) is “disproportionately bullish” and will ease this year, but the long-term price outlook for the programme is still strong, a pair of analysts said at a webinar co-hosted by Carbon Pulse this week.
Read MoreBRIEFING: Investors need clearer rules on what counts as climate solutions, experts say
Investors risk misallocating climate finance unless companies and banks use clearer definitions and reporting to show whether capital is flowing to credible low-carbon activities, finance experts said on Thursday.
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 MoreFEATURE: Uganda’s late-stage Sovereignty Bill could clamp down on carbon markets
A new Ugandan bill to crack down on foreign vested interests in the country, broadly defined, poses grave implications for carbon project development in the emerging hub, local and international experts have told Carbon Pulse.
Read MoreINTERVIEW: Delivery certainty, long-term deals key to biochar CDR growth
Long-term procurement, delivery certainty, and measurable co-benefits are becoming increasingly important to scaling biochar carbon removals, a senior executive at the world’s largest biochar carbon removal producer by delivered volume told Carbon Pulse.
Read MoreANALYSIS: Proposed California ETS updates draw scrutiny on affordability, ambition in 15-day notice comments
Stakeholders from a wide swath of sectors urged California regulator ARB to revise various proposed updates to the state’s Cap-and-Invest Program to address concerns around affordability, ambition, and other areas in submissions on the 15-day notice released by the agency.
Read More