Carbon Pulse

Developers are focusing on investing in and promoting carbon-cutting projects they think most likely to be eligible under the CORSIA aviation offset scheme, in an effort to encourage airlines to buy the units ahead of rules being finalised.

EU carbon nudged higher for a second day on Thursday in another calmer session that contrasts with the recent wild volatility.

New Zealand carbon allowances remain near record highs, but continue to sit in a tight range while traders await news on the fate of the NZ$25 fixed price option.

As many as 91% of more than 15,000 respondents to New Zealand’s zero carbon bill wanted the target it sets to cover all greenhouse gases, the government said Thursday.

The Fund seeks to recruit a Forest and Climate Operations Analyst Consultant to join its team at its headquarters in Songdo, Republic of Korea. The assignment is for one year-period.

Germany’s GIZ is looking for a junior advisor to help promote carbon markets in Uganda and the East Africa region.

The Climate Change research group at IIED is looking for a highly skilled individual to contribute to IIED’s work in managing and taking forward the existing programme of work on devolved climate finance (DCF) and community-driven adaptation, while contributing to the wider portfolio of policy-oriented action-research on adaptation and climate finance work in Africa and possibly Asia.

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

As more companies and individuals are looking for tools to mitigate their impact on climate change, the idea of utilizing blockchain technology has been on the forefront of many conversations. It is one of the building blocks behind cryptocurrency and companies are looking to utilize blockchain technology as a means to streamline the development and sale of carbon credits.

Manitoba has scrapped its carbon tax plan in defiance of the Canadian federal government, the province’s premier has announced.

The heated battle over the direction of the US Renewable Fuels Standard (RFS) between refiners and biofuels advocates has found some common ground in criticising the EPA’s issuance of numerous compliance waivers this year, according to stakeholders speaking at a conference this week.

The US still supports the CORSIA international flight offsetting mechanism but sees China’s early participation as essential to the scheme’s launch, an industry event heard on Wednesday.

European carbon prices clawed back above €21 on Wednesday, recovering from a three-day low hit intraday amid a firmer energy complex and a steepening EUA futures curve.

The California Air Resources Board (ARB) will not submit additional appeals in the La Paloma bankruptcy case, an agency official said, after a federal judge threw out its legal challenge this summer.

Nordal Exchange and IncubEx will begin offering a suite of North American environmental products, including California Carbon Allowances (CCAs) and RGGI Allowances (RGAs), on Nov. 16 pending regulatory review.

EU finance ministers on Tuesday agreed to extend until mid-2022 regulations protecting the EU ETS and wider European energy markets from tax fraud.

Japan’s latest push on carbon pricing was plunged into uncertainty this week after Prime Minister Shinzo Abe replaced Environment Minister Masaharu Nakugawa, who had launched twin processes to put the issue back on the government’s agenda.

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

A regulatory review of the US Renewable Fuels Standard (RFS) due next year could help spark long-awaited legislative efforts to overhaul the federal biofuels policy, according to a former EPA staffer.

London-based private equity firm Three Hills Capital Partners (THCP) has spent more than €60 million to purchase a minority stake in the environmental and energy commodities trading company ACT Group.