![]() Professional services firm Accenture on Monday announced its intent to acquire a Brazil-based sustainability consultancy. Accenture to buy Brazil-based sustainability consultancy Brazilian bank accepting carbon credits as payment in property auctionĪ Brazilian financial services firm is is auctioning off rural properties across six states and is accepting carbon credits as payment for the land as part of a promotional exercise to encourage the use of offsets, the company announced Monday. ![]() RGGI Allowance (RGA) values continued their trek higher over the last five-day period on sizeable option activity, even as Pennsylvania’s Supreme Court heard arguments on the state’s cap-and-trade participation injunction and a Virginia board announced the date to vote on its own power sector carbon market repeal. RGGI Market: RGAs jump to 5-mth high as options activity spikes Traders expect the second ever Washington Carbon Allowance (WCA) sale on Wednesday will trigger Tier 1 of the Allowance Price Containment Reserve (APCR) and make additional permit volume available, after the secondary market slammed on the brakes halfway through this month. Turkey has launched a project tender to source help in designing a national carbon market.ĪMERICAS PREVIEW: Washington Q2 carbon auction expected to clear above Tier 1 reserve price Turkey launches project tender for carbon market design help Senegal municipality signs four-part deal with carbon project developerĪ carbon project developer has clinched a four-part agreement with a municipal government in Senegal, the company said on Monday, outlining details of the deal that targets the development of both carbon and biodiversity credits from the various initiatives. Revising EU policies and standards could help to slash the emissions from producing cement by more than 50%, according to a multi-stakeholder alliance launched in Brussels on Tuesday. Newly-formed EU cement alliance aims to halve sector’s emissions ![]() Euro Markets: EUAs slide to new four-month low on sustained selling while UKAs plunge to 21-month lowĮuropean carbon slid to a new four-month low on Tuesday, wiping out the modest gains of a holiday-affected Monday session as sentiment continued to weaken, while UK emissions prices tumbled to their lowest in 21 months as the demand outlook remained weak. The European Parliament’s lead negotiator on the bloc’s net zero industry strategy wants to eliminate a proposed fixed list of “strategic technologies” in favour of getting more voices to decide on funding priorities. EU’s lead lawmaker seeks wider input to set priorities for net zero industry technologies Lawmakers are weighing whether the EU’s law to certify carbon removals should make a clear distinction on how policy will support land-based carbon sequestration compared to more durable solutions, with experts eyeing a role for the latter in the bloc’s flagship carbon market. TOP STORY Delta Air Lines, once offsetting pioneer, sued for carbon neutrality claimsĪ pair of California-based law firms filed a putative class-action case on Tuesday against major US-based Delta Air Lines for misrepresenting the total environmental impact of its business operations through advertisements of its pioneering carbon neutrality claims.ĮMEA Lawmakers eye splitting of issues under EU’s carbon removals bill It’s a daily summary of our news plus bite-sized updates from around the world. Presenting CP Daily, Carbon Pulse’s free newsletter.
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