Carbon Pulse

This portfolio will be involved with a range of deal negotiations and assist with development of new contracting opportunities including: renewable power and environmental offtake agreements, energy storage offtake agreements, forward electricity derivatives, system security agreements, long term carbon project offtakes, and structure supply agreements to major end use customers.

European carbon prices fell for a third day on Monday along with natural gas though the correlation between the two markets appeared to loosen, with EUAs finding some technical support despite worsening fundamental data while gas continued to slide after its big technical gains over the past two weeks.

Adnoc, the state-owned oil company of the UAE, is to set up a desk to trade carbon credits, people familiar with the matter told Bloomberg.

China's environment ministry has published a set of draft policy regulations for the 'ultra-low carbon' transformation of the domestic cement industry, signalling the government's tighter control over one of its biggest-emitting sectors that is also set to be included in the national carbon market.

Swiss citizens on Sunday approved the introduction of a climate law to reach net zero emissions by 2050, two years after rejecting a similar bill on cost concerns.

Two digital fintech companies are collaborating on an integrated solution for banks and corporates to track and account for the carbon footprint of their digital assets and any aspect of their value chain, they announced Monday.

A major steel producer has joined an ongoing partnership focused on developing a Japan-Malaysia CCS value chain implemented under Japan’s Asia Energy Transition Initiative (AETI).

A government-imposed ban on new connections and setting a hard phase-out date should be the first step in Australia’s journey to weaning itself off natural gas, or risk failing to meet its climate goals, a report has warned.

Creating separate markets for emissions reductions and carbon removals is one of several drastic options considered by the NZ government, as it on Monday launched two brand new consultation processes to mend its stuttering emissions trading scheme.

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

Ahead of a key meeting, the World Bank has outlined how introducing a carbon tax on international shipping could raise up to $3.7 trillion through 2050 to finance the decarbonisation of the sector.

Three high-ranking executives, who previously worked for the Dublin-based fund services giant Waystone, have launched a new agtech venture capital firm that is exploring the possibility of establishing a blockchain-based carbon exchange.

Speculators raised their net holdings of California Carbon Allowances (CCAs) this week as producers took advantage of a steady price increase and reduced CCA net interest, but picked up RGGI Allowances (RGAs) despite a lack of momentum in the US Northeast power sector carbon market, data from the US Commodity Futures Trading Commission (CFTC) showed Friday.

The Air Quality Program (AQP) within the Department of Ecology is looking to fill a Senior Cap-and-Invest Market Monitor (Financial Examiner 4) (In-Training) position. This position is located in our Headquarters Office in Lacey, WA.

North American ecosystems might be more resilient to global warming than previously thought, with potentially significant implications for climate change modelling, a new study has revealed.

California and Quebec will offer slightly fewer carbon allowances at this August's auction compared to the Q2 2023 sale last month, according to a government notice published Friday.

Bioenergy crops such as miscanthus and switchgrass, known for their multiple environmental benefits, could prove more appealing to American farmers if supported by carbon finance, according to a new study.

Switzerland faces a public vote on Sunday on whether to back the government’s draft climate law, with polls suggesting that citizens may reject legislation for a second time in two years.

EU institutions have provisionally agreed to lower the perceived level of financial risk associated with EU Allowances, reducing the capital requirements banks need to hold when trading these units but declining to extend the same treatment to voluntary carbon credits.

Environmental product development firm IncubEx is aiming to boost uptake in its suite of clean fuel credit offerings, and is also making several changes to enhance its project-specific voluntary carbon marketplace, a company official told Carbon Pulse.