Carbon Pulse

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

The first ever transaction in a new type of Brazilian carbon credit has been completed, with a conference company buying 100 units from a biofuel producer under the country’s renewable fuels market.

The purpose of this role is to successfully lead the delivery of key programmes to clients in the Financial and CRE sector, and develop our products and services to drive growth in the finance sector.

WCI regulated parties cut their California Carbon Allowance (CCA) holdings for the second consecutive week, while speculators’ held their net long position flat, according to US Commodity Futures Trading Commission (CFTC) data released Friday.

California lawmakers are expected to decide Monday whether to advance a budget bill that would require regulator ARB to complete a carbon market rulemaking next year, though numerous business groups continued to vociferously oppose the idea.

EU parliamentarians are divided across party and national lines over by how much to raise the bloc's 2030 emissions reduction goal, while lawmakers from mostly eastern member states want more funding for their home nations via ETS-financed schemes.

The EIB, the European Union's bank, is seeking to recruit for its Projects Directorate (PJ) – Safeguards & Quality Management Department (SQM) - Environment, Climate & Social Office Division (ECSO) at its headquarters in Luxembourg, a (Associate) Climate Change Adaptation Specialist.

A pair of California-based livestock offset projects are seeking eligibility under the state’s Low Carbon Fuel Standard (LCFS), with the applicants vying for the transportation sector programme’s electricity pathway rather than renewable natural gas (RNG), according to public filings.

E3G is looking for an experienced practitioner to lead E3G’s European work within its political economy and governance cluster. The role will be central to shaping our engagement across the EU institutions and key Member States. The role can be based in either E3G’s Brussels or Berlin offices.

The Multilateral Governance Officer, reporting to the Multilateral Governance Manager, is responsible for supporting work related to the GCF engagement and response to the UNFCCC, UN multilateral governance processes and their synergies with the UNFCCC, and climate finance initiatives and their complementarity with GCF.

Ember is expanding our work in Europe and internationally. This role is for a new team member to support our European power sector analysts - who are working to achieve a coal phase-out in Europe by 2030, transition to a renewables-based electricity system and avoid false solutions such as fossil gas and high-carbon biomass.

Ember is expanding in Europe and internationally. We need a new power sector analyst to support our work in Europe. Your work will help us phase-out coal by 2030, transition to a renewables-based electricity system and avoid false solutions such as fossil gas and high-carbon biomass.

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

EUAs slipped to their lowest level for over a week early on Friday, declining below €22 as markets grew wary about the pace of the global recovery from the coronavirus pandemic amid a resurgence in new cases.

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

California Democratic legislators maintained a provision in a Senate budget bill to require regulator ARB to conduct a cap-and-trade rulemaking next year, but sources said the exact language may continue to give the state agency significant discretion in that process.

California Carbon Allowance (CCA) prices stagnated on the secondary market this week despite growing optimism on the 2021 WCI floor price, while RGGI Allowance (RGA) values climbed to a three-month high following the Q2 auction.

The onset of the coronavirus pandemic is presenting several challenges for developing offset projects under the Canadian government’s planned system, with stakeholders enduring more delays in receiving regulatory guidance on eligible protocols and travel restrictions that are complicating site visits.

EUAs retreated towards €22 early on Thursday, defying a stronger auction as wider markets slid on a US Federal Reserve assessment weighing the impact of the coronavirus.

Japan and the EU are consulting with the UNFCCC secretariat to hold an online ministerial meeting on tackling the effects the coronavirus pandemic through climate action, top government officials said on Thursday.