Carbon Pulse

Germany-based utility RWE, historically EU’s top corporate emitter, reported an 14% rise in its EU ETS-covered lignite power output for H1, it said on Monday in preliminary generation results, production that more-than-outweighed a strong fall in its gas generation amid soaring prices.

Prices for voluntary carbon market (VCM) offsets fell sharply in the second half of last week amid increasing fears of an economic downturn as inflation spiraled higher, Chinese and Indian growth forecasts were cut, and Europe faced the bleak prospect of gas rationing.

*PREMIUM LISTING - As Head (m/f/d) of the Project Development Team, you will be responsible for the Project Development Team, its strategy, and all project related tasks regarding origination, financing, development, and operation of a portfolio of mainly forestry and renewable energy projects.

*PREMIUM LISTING - ​Volkswagen ClimatePartner GmbH is a joint venture by Volkswagen Kraftwerk GmbH and ClimatePartner GmbH, aiming to develop and finance quality carbon offset projects. Our projects are proven to save CO2-emissions and are certified under recognized standards.

*PREMIUM LISTING - The GIS and Remote Sensing Technical Lead is responsible for applying best practices driving innovation in GIS and remote sensing for the identification, screening, assessment, development and monitoring of high-quality Nature Based Solutions (NBS) projects and jurisdictional programs globally.

*PREMIUM LISTING - Technical Manager for Nature Based Solutions (NBS) will manage and drive processes to assess and develop forest and blue carbon projects globally.  The Technical Manager will report to the Chief Technical Officer and work alongside our GIS and Remote Sensing Technical Lead to contribute to the development of high-quality NBS projects and jurisdictional programs globally.

A British startup has raised £15 million in seed financing for its carbon accounting data engine, aiming to drive companies towards an abatement model from the current accounting and credits approach.

While higher inflation and slower economic growth may have short term temporary negative impacts on carbon credit prices, there are several structural reasons why we believe VCM credits are likely to remain resistant to long-term price declines and are in fact more likely to continue to rise in the medium to long-term, argue Respira's CEO and co-founder Ana Haurie and advisor Joel Krueger.

EUAs snapped a five-day losing streak after prices were boosted by a strong daily auction, as trading volumes slipped back to average levels after last week's increase in activity, while energy markets posted gains amid growing concerns over gas supplies ahead of the winter.

A UK-headquartered global investment manager is establishing a Singapore-based subsidiary that plans to run a series of funds investing in nature-based carbon offset projects across Southeast Asia.

A Chinese fisherman caught using illegal fishing methods has been let off the hook after agreeing to buy 1,000 carbon credits from a fishery in Fujian province, extending the reach of this emerging practice, which so far has centred around forestry offsets.

China is likely to experience tight power supply later this year as local coal companies have been squeezed by surging coal costs, according to the the China Electricity Council (CEC), urging the government to ease conditions for coal-fired power generators.

Independent advice received from the previous Australian government warned that rule changes to Carbon Abatement Contracts (CACs) could effectively kill off future investment in carbon farming projects and cause market confidence to crater, according to newly released documents.

The Australian government has released a new mandate for its peak renewable energy body to focus on electrification and energy efficiency technologies, scrapping the former government’s focus on soil carbon, blue hydrogen, and CCS.

DNV has joined forces with two energy companies and a Norwegian-based technology research firm to establish the world’s first pilot project to develop nature-based carbon capture involving seaweed cultivation, the classification society has announced.

This role is a key contributor to Shell’s global carbon market analysis with a focus on offering comprehensive and regular fundamental analysis and forecasting of the Australian and New Zealand carbon markets.

A senior analyst has left analysis firm CaliforniaCarbon.info to join a Canadian-headquartered startup focused on aviation’s participation in the voluntary and compliance carbon markets.

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

Reporting to the Chief Executive Officer (CEO), this position will lead initiatives that build and strengthen communications, foster strategic partnerships, and enhance relationships with federal and provincial policymakers, industry leaders, and other stakeholders.

Lawmakers in Pakistan’s Khyber Pakhtunkhwa on Friday passed a bill to promote the sustainable growth and protection of the province’s forests.