Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 55 min ago
CP Daily: Wednesday November 29, 2023
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web
East African nations should prioritise certain GHG mitigation project types for maximum impact -study
Identifying and prioritising mitigation technologies or activities could assist East African countries in developing “positive lists” that can be used to help combat climate change through the operationalisation of the Paris Agreement’s Article 6, according to a new study.
Categories: Around The Web
Plans to restart oil and gas exploration in New Zealand makes COP28 ‘awkward’
Plans by the new right-wing coalition government in New Zealand to lift the ban of offshore oil and gas exploration will make things uncomfortable for the country’s negotiators at COP28, according to observers, with the Pacific nation often taking an outsized leadership role at the UN climate talks despite its small size.
Categories: Around The Web
Australia’s New South Wales legislates emission reduction targets
The New South Wales (NSW) state parliament on Thursday passed legislation that will make its emissions reduction targets legally binding, the government announced.
Categories: Around The Web
Australian pipeline giant expands decarbonisation plans
An Australian pipeline company has signed on a junior partner to develop more biomethane as it takes steps to decarbonise its operations longer term.
Categories: Around The Web
Xpansiv drops more REDD projects from N-GEO eligibility
Voluntary market exchange operator Xpansiv announced late Wednesday that it had dumped more REDD projects from its N-GEO Standard Spot Contract after Verra listed them as ‘on hold’.
Categories: Around The Web
Debt financing another obstacle on EU emitters’ decarbonisation journey -ECB
Varying degrees of debt financing could present a new challenge to European firms striving to achieve the emissions reductions required under the EU’s Green Deal and Fit for 55 initiatives.
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Australia’s emissions rise by 4 Mt as govt’s “broad and deep” climate agenda yet to translate to GHG reductions
Australia’s GHG emissions have risen by 4 million tonnes of CO2e in 2023 and although the government is pursuing a “broad and deep” climate policy agenda it has yet to translate to falls in GHGs, a report by the country’s Climate Change Authority said Thursday.
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ICE introduces Trade at Settlement for certain CCA futures contracts
ICE is introducing Trade at Settlement (TAS) capability for some California Carbon Allowances (CCA) futures starting December, the exchange announced Wednesday.
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First ever carbon mineralisation at active mine now fully funded
A Canadian province announced funding for a carbon removal mineralisation company, allowing the world's first CO2-to-rock project at an active mine to go ahead in Australia on Wednesday.
Categories: Around The Web
Canada silent on oil and gas cap, pushing for coal phase out at COP28
Canada's priorities for negotiations at COP28 in Dubai will include finalising a loss and damages fund, encouraging a strong response to the Global Stocktake, and pushing for a coal phase out, but representatives won't comment on the country's planned oil and gas emissions limit until Friday.
Categories: Around The Web
Washington releases draft cap-and-trade bill to facilitate WCI linkage
The Washington State Department of Ecology (ECY) on Monday published a draft cap-and-trade bill that incorporates amendments to facilitate linkage between the state's carbon market with the broader California-Quebec scheme, as well as other tweaks to the Climate Commitment Act (CCA).
Categories: Around The Web
South Africa carbon credit supply shortfall to continue into 2040s -consultancy
A shortfall in the supply of carbon credits eligible for cancellation against South Africa’s domestic carbon tax is likely to continue into the 2040s, but could be alleviated by expanding the market to the wider region, according to a report published by a consultancy.
Categories: Around The Web
Associate Scientist, Climate Smart Spatial Planning, Conservation International – Arlington, VA or Seattle, WA or Santa Barbara, CA, United States
This Associate Scientist position, housed in Conservation International’s (CI) Moore Center for Science, will lead methodological development technical analysis, stakeholder engagement, and project coordination associated with the joint CI-UCSB project 'Spatial Planning for Climate Change: Land Use for Conservation, Agriculture, and Energy' (SPARCLE).
Categories: Around The Web
Electric Policy Lead, Burn Manufacturing – Nairobi, Kenya
BURN is seeking a highly motivated and skilled individual to join our team as an Electric Policy Lead. This role will play a crucial part in shaping and influencing electric policies on a global scale, supporting our mission to drive positive change in the clean cooking industry.
Categories: Around The Web
Carbon Policy Lead, Burn Manufacturing – Nairobi, Kenya
Burn is looking for a Carbon Policy Lead who will play a pivotal role in shaping and executing our organization's strategies related to carbon policy on a global scale.
This position requires a deep understanding of carbon policy, excellent communication skills, and the ability to engage with government bodies, committees, and stakeholders.
Categories: Around The Web
Head of Carbon Sales (Kenya), Burn – Nairobi, Kenya
Reporting to the Carbon Finance Director, the Head of Carbon Sales will be responsible to lead the development of our carbon credit sales strategy and key lead for closing large, multi-year deals through both indirect and direct sales channels through our Carbon sales team.
Categories: Around The Web
Switzerland ties up with three more countries for Article 6 credit trade
Switzerland has concluded bilateral agreements with Chile, Kenya, and Tunisia to pave the way for buying correspondingly adjusted carbon credits from them under the Paris Agreement.
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COP28: Boosting climate resilience of food and agriculture to be new focal point at UN climate talks
Greater focus will be given to food and agriculture this year at COP28 in Dubai, as the links between food production and climate change become increasingly apparent, with a day dedicated to the topic and a concerted push to get governments to align agricultural policies with their emissions pledges.
Categories: Around The Web
Respira invests in new DAC project in UAE
Climate financier Respira International intends to purchase up to 50,000 direct air carbon (DAC) capture credits for an undisclosed price in a new project in the United Arab Emirates (UAE), the company announced Wednesday.
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