EU lawmakers proposed language this week for integrating direct air capture and other CDRs into the bloc's emissions trading system. Idea could take off with EUAs ~€90, DAC price falling, CCfD support +net-negative goal = mega demand driver. carbon-pulse.com/149558/ Carbon Pulse

ANALYSIS: A good vintage? The #VoluntaryCarbonMarket's longevity problem The market's effectiveness called into question, as more than half of credits retired in 2021 were from emissions cuts made more than 5 years earlier. By Katherine Monahan carbon-pulse.com/151101/ $ #OCTT #VCM

The bonfire of the EUAs continues... Aggressive selling wipes another 10% off prices, with benchmark falling to 3-mth low of €61. Dec22s have now given back €37.50 or 38% since last month's record €98.49 Experts say fundamental bullish case remains sound. #OCTT #EUETS $KRBN

SEC's climate risk disclosure rule yesterday: When a company has a net zero or other climate transition plan, they MUST provide a description of the relevant metrics for tracking progress, including Scope 3 emissions and carbon offsets if applicable. carbon-pulse.com/154258/

Heading to North American Carbon World in a few weeks. If you'll be there, let's connect!

Official 2020 GHG data is due tomorrow, revealing which nations kept or broke their past international climate promises - just on time for long weekend reading, though often late... and more often unread. carbon-pulse.com/156760/

Spotted in Denver. Talk about a sea change moment.

The number of companies committing to slash emissions to net zero or Paris-aligned levels doubled in 2021 under the SBTi, but meanwhile reporting on progress to those goals has weakened. Opaque reporting 👉 empty promises? sciencebasedtargets.org/reports/sbti-p…; carbon-pulse.com/159236/

How can we effectively raise awareness of the growing risks posed by #ClimateChange? From the SP Institute Student Network: new research by Jamie Sandison explores innovation on #ClimateRisk communication in Canada. Learn more👇 institute.smartprosperity.ca/ClimateRiskCom…

EU companies are campaigning against #CBAM scope expansion even though it would aim to protect them against competitors using dirty electricity. Why? Carbon power cost compensation handouts would end, under an outdated market structure. carbon-pulse.com/165591/

“Building Climate Resilience in Canada's Pension Funds” – check out the new report from SP Institute + Global Risk Institute! ➡️ bit.ly/3OlBlCi #CdnEcon #SustainableFinance #NetZero

“People need to calibrate for governments ramping up [in terms of carbon markets]. … But ultimately, in order to really get to decarbonisation, this needs to become part of a compliance-based operational system,” @CarbonWrangler tells Katherine Monahan carbon-pulse.com/168553/

China today suspended US climate talks after the Pelosi Taiwan visit, casting a shadow over bilateral cooperation by the two largest emitters, seen as fundamental for driving the multilateral process. See carbon-pulse.com/168708/ by StianReklevCP

1/6 NEW REPORT! 🏘️Damage Control examines the macroeconomic costs of #ClimateChange, and shows how climate impacts will cost Canada billions, slowing the economy and hitting households hard. #cdnpoli #DamageControl climateinstitute.ca/reports/damage…

Good move imo by the EU council to leave the market stability reserve (MSR) alone in searching for €20B to fund REPower EU. Mechanism designed to avoid short-term political interference in allowance supply on the market. consilium.europa.eu/de/press/press…; carbon-pulse.com/174634/

Our very first weekly #Biodiversity Pulse newsletter is out, with all the stories we've been doing throughout our first week covering this market. Thanks Katherine Monahan Roy Manuell JPcarbonmarkets Mark Tilly Emanuela Barbiroglio

No matter who runs Australia, they will silently sneak out an announcement late on the last day before Xmas. This year it was draft legislation for its planned voluntary #biodiversity credit market, aka the #NatureRepairMarket.

ANALYSIS: Lessons from America as EU eyes green subsidy boost As the EU looks to respond to Biden's IRA package, it must navigate arguments that nearly torpedoed the flagship US #climate measures by Katherine Monahan carbon-pulse.com/187034/ $ #OCTT #EUETS

Will today be the day that EU allowance price breaks €100? The prior record of €99.22 was set in August, but this week already looking strong. Market expectations Carbon Pulse carbon-pulse.com/192613/ CarbonReporter

Debt-for-nature swaps have potential, but like with all financial/policy tools, the details matter. Need to watch for who, or what really comes out on top. Free to read on Biodiversity Pulse: carbon-pulse.com/207395/