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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 14 min 10 sec ago

German sales push EEX EU carbon volumes 6% higher in 2023, futures slump by one-fifth

Sat, 2024-01-06 03:26
EEX’s European carbon volumes ticked up 6% in 2023 compared to the previous year, with strong emissions certificate sales for Germany's domestic nEHS scheme accounting for the bulk of the growth, though the more lucrative secondary trade saw declines as futures dealings slumped by over one-fifth.
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WWF launches roadmap for regenerative agriculture in England with nature markets plan

Sat, 2024-01-06 03:09
WWF has launched a roadmap for regenerative agriculture in England with steps for expanding nature markets including ramping up biodiversity net gain requirements.
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UK politicians call for environmental footprint launch after ‘alarming’ deforestation findings

Sat, 2024-01-06 02:09
The UK needs to finish developing an environmental footprint indicator to help demonstrate how it is tackling distressing deforestation levels, a group of UK politicians has said.
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Electric racing team charges ahead with offsetting emissions from its latest season

Sat, 2024-01-06 01:35
An automaker-led team competing in a global motorsport championship for electric cars will offset emissions from its 2023 season through the purchase of carbon credits from a biotech company developing meat alternatives registered under Iceland-based International Carbon Registry.
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ANALYSIS: Red Sea diversion piles on shipping costs but unlikely to increase sectoral EUA demand

Sat, 2024-01-06 01:20
The diversion of ships around the Cape of Good Hope to avoid attacks in the Red Sea will substantially increase emissions compared to the usual Suez Canal route, but the impact on EUA demand from the shipping sector is not likely to be significant in 2024 due to its gradual phasing into to the EU ETS, experts told Carbon Pulse.
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China ETS gets clout boost as State Council approves regulations

Fri, 2024-01-05 23:00
China’s State Council on Friday approved regulations for the national emissions trading scheme, adding bureaucratic clout to the scheme, which so far only has been formally backed at ministerial level.
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Euro Markets: Midday Update

Fri, 2024-01-05 22:21
European carbon experienced a relatively stable morning on Friday as traders kept an eye on forecasts for colder weather and gas price support, while waiting for US-based investment funds to start their day.
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Agroforestry and Carbon Credit Specialist, Food and Agriculture Organization of the United Nations – Mozambique

Fri, 2024-01-05 22:18
In order to coordinate the implementation of the Agroforestry action, including the advising to the seedling production at community lever, the establishment of Agroforestry System, the training to SHF and other stakeholders and supervise local and international partnership, FAO Mozambique intends to recruit an Agroforestry and Carbon Trading Specialist to support the implementation of these component.
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Azerbaijan selects ex-oil exec turned environment minister as COP29 president

Fri, 2024-01-05 20:35
Azerbaijan's environment minister, who worked for 26 years at the country's state oil and gas firm, has been appointed as the president-designate of COP29, due to be held in November in Baku.
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CN Markets: CEA price slides after compliance deadline passes

Fri, 2024-01-05 20:23
Sentiment in China's national carbon market is being reset after the market concluded the second compliance period at the end of 2023, with participants expecting more policy updates to be announced later this year.
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New CCS method could cut costs for CO2 capture at power stations

Fri, 2024-01-05 19:36
US-based academics say they have found a more efficient way to capture the CO2 emitted from power stations, which may eventually assist the energy transition.
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EU forest strategy could move biodiversity risk to more vulnerable countries, study warns

Fri, 2024-01-05 18:55
Even under a moderate implementation of the EU’s biodiversity strategy, tens of millions of cubic metres of roundwood production would be moved to countries with lower governance quality and higher risk of species extinction, a study has warned.
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Firm awarded $24 mln by USAID to conduct conservation, blue carbon initiatives in Cambodia

Fri, 2024-01-05 15:37
A US-based consulting and engineering services company has been awarded $24 million by the US Agency for International Development (USAID) to preserve biodiversity and natural resources, and promote blue carbon initiatives in Cambodia, it announced Thursday.
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CP Daily: Thursday January 4, 2023

Fri, 2024-01-05 11:21
A daily summary of our news plus bite-sized updates from around the world.
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Washington releases Q1 auction volumes, reveals 2023 revenue from first year of cap-and-invest

Fri, 2024-01-05 10:30
Washington's Department of Ecology (ECY) presented the volume of current vintage allowances on offer for its first of the four quarterly Washington Carbon Allowances (WCA) auctions of the year, and also published revenue generated following the completion of the first year of the state's cap-and-trade scheme.
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WCI Markets: CCAs rally late in week, WCA sluggishness persists post holidays

Fri, 2024-01-05 10:16
California Carbon Allowances (CCAs) plateaued and dipped early during the week following the holiday season before rallying late to near-record highs, while Washington Carbon Allowances (WCAs) declined slightly as the market continues to largely languish in stagnation, market participants told Carbon Pulse.
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Canadian carbon credit financier to engage with 29 US municipalities on decarbonisation projects

Fri, 2024-01-05 10:16
A Vancouver-based carbon offset developer announced an agreement on Thursday with a US non-profit to assist municipalities in decarbonisation efforts while generating carbon credits in the process.
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Manager, Climate Aligned Industries, Carbon Dioxide Removal, RMI – US (Remote)

Fri, 2024-01-05 09:53
RMI is seeking a Manager to support our Carbon Dioxide Removal initiative. The Carbon Dioxide Removal (CDR) Initiative is focused on supporting the responsible and effective testing, development, and deployment of CDR techniques, through thought and action.
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Canadian offset financier prunes board in ongoing cost cuts

Fri, 2024-01-05 08:50
A Toronto-based voluntary carbon credit firm announced Thursday the reduction in the size of its Board of Directors as part of the firm’s cost cutting efforts.
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Washington extends date of third emergency rulemaking on carbon market allowance reserve auctions

Fri, 2024-01-05 08:21
The Washington Department of Ecology (ECY) announced Thursday that it was rolling forward its emergency rulemaking on the state’s Allowance Price Containment Reserve (APCR) sales ahead of the first auction notice for the year.
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