Carbon Pulse

Swiss carbon prices have soared by 150% in the country’s latest allowance auction, with values finally starting to converge with EU prices as the two markets near linkage.

China’s Fujian province has issued 658,000 forest carbon credits to state-owned forest farms, a move aimed at bringing in revenue for the local forestry industry as the credits are sold to participants in the provincial emissions trading scheme.

In a clear break with standard practice, Australia’s environment department has proposed rule changes to its carbon offset programme that would allow for ACCUs to be issued and distributed to owners of some vegetation-based projects before the emission reductions have taken place.

Emergent has recently been incorporated as a new not-for-profit entity (a US-registered 501(c)(4)) and has appointed a board and an executive director. It is now beginning to build the team able to rise to the REDD+ challenge.

The Niskanen Center, a nonpartisan think tank and advocacy organization that works to promote an open society, is seeking an entry-level Policy Analyst to join our growing climate department.

We’re currently hiring for positions in multiple locations across the country. If you’re flexible, you can apply for multiple locations. We accept applications on a rolling basis. Positions start in August 2020.

Tasman Environmental Markets (TEM) and Qantas are looking for a highly motivated Corporate Partnerships Manager to manage the service delivery of the business sustainability program Qantas Future Planet Program in conjunction with the Qantas team.

TEM is looking for a highly motivated Head of Corporate Solutions who can lead the engagement with existing and new clients to help develop and implement their approaches to climate neutrality and carbon offsetting.

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

Experts are differing greatly on the potential supply of eligible carbon credits that could be available under ICAO’s global aviation offset scheme, and specifically on the amount of available CDM units, which are poised to play a key role.

Industry associations have suggested charging ships a $2/tonne fuel tax, in one of several measures discussed at the UN’s maritime body IMO this week as the sector strives to avoid regulation under the EU ETS.

A bipartisan group of US senators from the Northeast unveiled a bill Thursday to encourage the expansion of the country’s two regional cap-and-trade programmes, including by creating a new division with the EPA.

EUAs extended their one-month low early on Friday as prices reached a key technical support level below €23.50 before recovering.

Closing prices, ranges and volumes for China's regional pilot carbon markets this week.

Australia will hold the next Emissions Reduction Fund auction in March next year, when for the first time the cost-capping benchmark price will be removed, the Clean Energy Regulator said Friday.

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

Regulated entities under the Northeast US RGGI ETS increased their holdings slightly in the third quarter, as trading between unaffiliated parties also edged up, according to a report released Thursday.

California Carbon Allowance (CCA) prices stagnated on the secondary market this week as traders shifted their focus towards next week's WCI auction, while RGGI allowance (RGA) values receded after two consecutive weekly gains.

The EU member state-owned European Investment Bank (EIB) will stop lending money to unabated fossil fuel projects at the end of 2021, it said late on Thursday, as green groups welcomed the move despite a loophole that gives limited potential to sidestep the measure.

The Climate Markets Associate plays a key role in our work to scale carbon market finance in natural climate solutions (NCS) through affecting public and corporate policy and practices. They will provide support in driving both corporate and government ambition and action to scale NCS through carbon markets, and thus can expect to engage with country, sub-national, local agencies, multilateral institutions, business and/or private groups.