Carbon Pulse

The United States Department of Agriculture (USDA) will partner with green group The Nature Conservancy (TNC) to help Appalachian landowners develop forestry offset projects for the voluntary market, the entities announced Wednesday.

This role is central to managing the company's climate change and environmental compliance obligations. You will coordinate and analyse data from across the Company working with multiple departments and external auditors to meet legal and business reporting requirements on environment.

European carbon prices dropped to a new one-month low on Thursday, on what traders called a mix of technical selling and bearish pressures.

New Zealand has launched a public consultation round on the rules for auctioning NZUs and how its cost containment reserve (CCR) will work when it replaces the NZ$25 fixed price option next year.

The Green Climate Fund (GCF) board on Thursday approved a $100 million loan to an Asian Development Bank-led project in China’s Shandong province against the votes of the US and Japan, the first time the fund backs a Chinese project.

Europe’s biggest emitter RWE advanced its hedging rate over Q3 to give a slightly more covered position compared to previous years amid accelerating declines of its thermal generation, it said in financial results on Thursday.

The Tianjin municipal government is circulating draft regulations for public comment that would extend the life of its emissions trading scheme by 5 years, and is also planning to expand coverage to align with the long-term plans for the national cap-and-trade programme.

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

California handed out nearly 821,000 new compliance offsets this week, with the mine methane capture (MMC) and forestry protocols making up a bulk of that new supply, according to data released Wednesday.

The world’s biggest steelmaker ArcelorMittal has confirmed it will go ahead with previously announced production curbs at its Polish unit due to weak market conditions.

Switzerland’s Federal Council on Wednesday approved measures paving the way for the linking agreement between the country’s carbon market and the EU ETS to enter into force on Jan. 1, 2020.

Italian utility Enel advanced its EU forward power hedging considerably over Q3 while its coal-based output fell away, giving a bearish signal for EUAs.

ASPI seeks a Senior Program Officer for ASPI’s sustainability projects, with a focus on development of carbon markets in Asia, in particular in China.

Bluesource seeks a Manager of Forest Carbon Modeling to play a role in the Bluesource forestry team’s carbon modeling efforts and support project implementation efforts in the forest carbon space.

California’s 2020 floor price for its WCI-linked carbon market is set to rise to $16.68 after year-on-year inflation for October came in at 1.8%, according to government data released Wednesday.

EUAs inched higher early on Wednesday to edge away from the sub-€24 one-month low of the previous session, as positive economic data and a lack of auction supply supported.

A veteran climate policy and carbon market lawyer has launched a climate change advisory and investment business, aiming to raise $3 billion across investment funds to facilitate the transition to a net-zero and climate resilient future.

As a sourcing manager for Colombian carbon projects you will identify, negotiate and contract new emission reduction projects for the Colombian carbon market.

The Green Climate Fund board on Wednesday approved $308 million in funding for new projects of which over 40% will go to forest carbon projects, although the International Finance Corp. withdrew an application for a controversial REDD bond scheme.

South Korea’s monthly CO2 allowance auction cleared at a record high 36,850 won ($31.55) Wednesday, even well above the secondary market that had surged 1.7% to fresh highs earlier in the day.