Biggest automakers in Europe and North America aren’t addressing their steel production emissions -report 

Published 21:51 on September 20, 2024  /  Last updated at 21:51 on September 20, 2024  / /  Americas, EMEA, US

The majority of automakers in Europe and North America have not set targets for integrating fossil-free steel, according to a report released Wednesday. 

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UPDATE – WCI Q4 auction ups allowance volume after Q3 dip

Published 20:53 on September 20, 2024  /  Last updated at 22:55 on September 20, 2024  / /  Americas, Canada, US

The California-Quebec joint WCI auction in November will offer a higher volume of allowances this quarter following Q3’s year-to-date nadir, according to a Friday notice from California regulator ARB.

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Large sustainable aquaculture firm secures €2.5 mln from Dutch fund

Published 16:40 on September 20, 2024  /  Last updated at 16:40 on September 20, 2024  / /  Biodiversity, EMEA

An offshore aquaculture company based in the Faroe Islands has received €2.5 million from a fund managed by the investment arm of a Dutch bank.

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INTERVIEW: Carbon removal offtakes need de-risking to grow the market

Published 16:31 on September 20, 2024  /  Last updated at 16:31 on September 20, 2024  / /  EMEA, International, Voluntary

The carbon removals (CDR) market needs offtake agreements with built-in de-risking measures to scale and offer attractive credit prices, a dealmaker told Carbon Pulse.

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Verra urged to overhaul investigation process after REDD project loses $30 mln during probe

Published 15:55 on September 20, 2024  /  Last updated at 21:57 on September 21, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Verra is damaging investor confidence in the voluntary carbon market through its “presumption of guilt” when handling investigations, warned stakeholders in the Southern Cardamom REDD+ project (SCRP) that says it lost more than $30 million in revenue during a 14-month long probe.

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UPDATE – US market regulator approves voluntary carbon credit trading guidelines

Published 15:19 on September 20, 2024  /  Last updated at 01:49 on September 21, 2024  / , and /  Americas, US, Voluntary

The US Commodity Futures Trading Commission (CFTC) approved final guidance Friday regarding the listing for trading of voluntary carbon credit derivative contracts.

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Volvo vows to take action on nature, biodiversity

Published 15:04 on September 20, 2024  /  Last updated at 15:04 on September 20, 2024  /  Biodiversity, EMEA

Swedish carmaker Volvo has published a position paper on nature and biodiversity, pledging to take action to reduce its impacts and to invest in conservation and restoration to counterbalance residual negative effects of its activities.

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‘Breakthrough’ as taxation comes under watch of EU climate chief, CBAM still unclear

Published 14:38 on September 20, 2024  /  Last updated at 14:38 on September 20, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS

With the European Commission’s new lineup it will be the EU’s climate action commissioner who will handle taxation policy, a move hailed as a “breakthrough” by a top official, although it is still unclear who will be in charge of the EU’s Carbon Border Adjustment Mechanism (CBAM).

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Second Mexican Yucatan IFM project collaboration yields 380k carbon credits

Published 14:11 on September 20, 2024  /  Last updated at 14:11 on September 20, 2024  / /  Americas, Canada, Mexico, Nature-based, US, Voluntary

A developer partnership announced Thursday the first tranche of issuance from their second improved forest management (IFM) project in Mexico’s Yucatan Peninsula region.

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European carbon trader joins Gunvor from Freepoint

Published 14:03 on September 20, 2024  /  Last updated at 14:03 on September 20, 2024  /  Bavardage, EMEA, EU ETS

A European carbon trader previously with Freepoint Commodities has started with Switzerland-headquartered trading firm Gunvor Group, Carbon Pulse has learned.

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