Carbon Pulse

Green group The Nature Conservancy (TNC) is undertaking an internal review of its improved forest management (IFM) carbon offset protocols in response to questions of environmental integrity, but a project developer is defending the stringency of the underlying methodologies.

A Canada-based bank opened a RGGI CO2 Allowance Tracking System (COATS) account over the past week, breaking a recent trend of only compliance entities opening general market accounts in the Northeast US power sector carbon market.

WCI emitters increased their net California Carbon Allowance (CCA) length last week as the March futures contract expired, boosting compliance entities’ current holdings to a 14-week high, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

A manure spill at a Wisconsin offset project caused the dairy farm to violate its permit, leading California regulator ARB last week to launch an investigation into more than 30,000 carbon credits issued to the digester, according to records obtained by Carbon Pulse.

The Carbon Trader role is under Product Supply & Trading (PSAT), Singapore and is accountable for all trading activities as it relates to trading of environmental commodities, mainly carbon credits and offsets with primary focus in the Asia Pacific region. The trader is also responsible for connecting the regional activity to the global carbon commodity teams in the US and Europe.

UpEnergy brings aspirational products that save energy and improve health within reach of low-income customers. We develop distribution channels that sell efficient and clean technologies, primarily efficient cookstoves. We finance our growth through the generation and marketing of carbon emissions reductions sold in Europe, Asia, and North America.

We now have a great opportunity for a Compliance Manager, who will provide support to bp’s Trading & Shipping (T&S) business in the United Kingdom, in the nature of evaluating, advising, and monitoring bp’s trading and origination activity out of the office.

The Climate Change Branch within the Ministry of Environment is seeking a proactive, knowledgeable, and analytical individual with experience in policy analysis for the role of Climate Change Policy Analyst. Reporting to the Director, Climate Change Policy and Programs, this position will contribute to the development and implementation of provincial climate change policies and programs.

A federal court extended the timeline for the pending US Department of Justice (DOJ) appeal that challenges the constitutionality of the WCI carbon market linkage, likely giving the government additional time to get political appointees confirmed.

A daily summary of our news plus bite-sized updates from around the world.

California power sector carbon emissions increased for the second consecutive month in February, despite the Golden State seeing a reduction in total demand over this period, according to California Independent System Operator (CAISO) data released this week.

Low-cost carrier JetBlue on Thursday announced it will reach net zero emissions by 2040, building on the airline’s existing voluntary emissions reduction (VER) pledge to offset GHGs from all domestic flights.

California Carbon Allowance (CCA) prices dropped on the secondary market this week as entities shifted positions further out on the curve, while RGGI Allowance (RGA) values inched down despite increased trading activity.

California regulator ARB opened an investigation on Thursday into a second Wisconsin-based livestock project for violating regulatory compliance, with more than 30,000 compliance offsets now under review.

EUAs were little changed in a fairly quiet pre-holiday session on Thursday, as traders shrugged off bearish annual emissions data in expectation of further speculative bets that carbon will top last month's record high.

The story goes that in 2006, the first set of verified EU ETS emissions data leaked out about a week before the due date, during the annual Carbon Expo event in Cologne. The data showed that the market was massively oversupplied in Phase 1 and the market crashed on this information. But with prices crashing well before Expo, what really happened?

CCC is seeking a motivated and self-driven business development associate to identify additional companies to participate in the Carbon Neutral Checkout® program.

The combined value of the two US-listed carbon allowance ETFs has topped $100 million while daily trading volumes surge, as investors continue to swarm into the fast-growing asset class.

The Canadian ‘backstop’ carbon charge on fossil fuels climbed C$10/tonne on Thursday to C$40 ($31.80) after the Supreme Court upheld the constitutionality of Ottawa’s landmark climate strategy last week, while British Columbia’s own CO2 tax rose by a smaller C$5.

Germany on Thursday awarded payments to shut down 1.5 GW of coal power capacity by December, marking another oversubscribed tender towards the country's coal phaseout.