Carbon Pulse

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

A Texas-based nature-based developer announced an agreement on Monday with a global oil major to develop a programme to revitalise US grasslands.

The Brazilian state of Para will launch a public concession on 10,000 hectares of forest by the end of year, expected to generate millions in carbon credits through reforestation, local media reported Monday.

Washington’s Department of Ecology (ECY) announced on Monday plans to update the state’s Clean Fuels Program (CFS) rule to permit sustainable aviation fuel (SAF) pathways for credit generation.

RGGI allowance (RGA) values plateaued over the week, remaining firmly around all-time highs as market players rolled onto 2024 vintage contracts, with participants largely expecting prices to potentially rise in the new year ahead of information from the ongoing programme review.

A major American fossil fuel company announced Monday plans to construct an industrial-scale carbon capture and storage (CCS) facility in the Netherlands using new fuel cell technology.

Carbon Market Watch seek an analytical, strategic and enthusiastic policy officers to support our work on climate and carbon pricing policies, with a particular focus on the decarbonisation of aviation and shipping in the EU and globally.

A wildfire detection network operator believes it can assume an important role in forestry carbon by enabling a reduction in the credit buffer pool set aside for wildfires, thereby enabling a project to sell more carbon credits.

The EU may not meet the majority of its climate and environment targets by 2030, contrary to expectations for the bloc's green policies, an EU agency revealed on Monday while the bloc's executive highlighted that extra national efforts were needed. 

A surge in retirement of carbon credits last week set voluntary demand on course to match 2022 levels, while trading volumes were boosted by rock bottom prices for pre-2018 REDD avoided deforestation credits as more onerous disclosure requirements loom.

We particularly invite candidates from the Global South, particularly Sub-Saharan Africa and East Africa. You will bring leadership and strategic vision, gleaned from VCM experience and insight pertaining to Nature Based Solutions methodologies, protocols and regulatory frameworks that govern carbon credit sales.

An environmental markets brokerage and a carbon project financier have joined forces to launch a new investment vehicle aimed at the CO2 removals market.

A new role with an innovative fintech start-up preparing to scale up. As the Clean Energy Devices Manager your role will be a critical link. You will bring leadership and strategic thinking gleaned from experience and understanding of the processes of projecting, monitoring and verifying carbon values relating to CEDs. Specifically digital technologies for remote monitoring of CED activities.

A phenomenal opportunity in a senior leadership role. Heading up a technical component of an innovative start-up project that exists to improve integrity of fintech pertaining to the carbon credit market. The project directly links to the genuine benefit of micro-projects mitigating the impact of climate change. We just need your leadership and strategic gravitas to join us.

Consultant - Climate Change and Carbon Markets This unique opportunity is for a technical consultant to work for a collaborative & reputable boutique consultancy, active on international carbon markets. This is a dynamic & exciting environment.

European carbon prices advanced strongly as the Dec-23 began its last day of trading on Monday morning and the final auction of 2023 took place, with prices gaining strong support from a sharp jump in natural gas prices responding to news that a major producer was suspending shipments through the Red Sea.

Britain will formally consider introducing a supply adjustment mechanism to its carbon market to help balance future shifts in demand and mitigate the risk of sustained low prices, it announced on Monday, as prices rallied following the announcement of a consultation on the measure and the publication of associated documents.

The market for nature-based solutions is growing in demand and scale, as larger institutional investment managers begin to enter, an academic paper has said.

Mitsubishi Corporation  will work with Thailand’s Charoen Pokphand Group on an initial study to decarbonise the Southeast Asian country’s large industrial sector.

Australia’s Climate Change Authority recommended in a paper Monday that non-biological ways of capturing carbon including direct air capture (DAC), carbon mineralisation, and biochar be eligible for Australian Carbon Credit Units (ACCUs) to drive uptake of these newer forms of carbon removal.