Carbon Pulse

Carbon removal standard Puro.earth has opted to eliminate expiry dates for all its CORC durable carbon removal units, likely boosting future supply of the premium-priced carbon credits.

With increasing national regulation and calls for higher integrity voluntary carbon market projects, more needs to be done to involve Indigenous Peoples and Local Communities in benefit-sharing mechanisms, according to a NGO report published this week.

European carbon prices dropped sharply on Friday morning as the pace of selling picked up after prices had reached a 13-day high on Thursday, with traders speculating whether the traditional August rally had run out of steam early or if the slump was merely due to short-term profit taking.

CO2 allowance prices in China’s carbon market climbed to a fresh all-time high of 70 yuan ($9.60) in the past week amid improved sentiment, with trading volume climbing well above the 1.5 million mark, though liquidity still largely hinges on the contribution of block deals.

Australia and Brazil are the best placed to supply large amounts of green hydrogen to Germany and the rest of Europe in the coming decade, according to a report released this week.

This role will play a crucial role in identifying and pursuing growth opportunities within the carbon market.

China's newly established trading platform for the the national carbon offset market has begun accepting applications for opening accounts, marking another step towards the relaunch of the long-suspended voluntary programme.

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

Carbon taxes could make the use of hydrogen as a marine fuel more economic, an expert with the Australian Maritime College at the University of Tasmania told a webinar this week.

The Clean Energy Regulator has highlighted auditing requirements on human-induced regeneration projects, following a prominent scientist claiming his research was being misrepresented by the regulator to support its adjudication of the method. 

The New Zealand government is proposing to delay the start of emissions monitoring in the agricultural sector by some two years, saying it needs more time to legislate and implement its split-gas farm level agricultural pricing policy.

One of China's largest state-controlled oil and gas companies has teamed up with local partners to secure domestically issued carbon credits in Inner Mongolia, ahead of the relaunch of the national offset market.

The NZU price was trading up 5.6% on Friday, as parliament’s passing of legislation tightening industrial allocations contributed to a confluence of other indicators driving a less negative sentiment in the market.

As the MRV Manager, you will be responsible for accelerating, coordinating, and leading the path towards third-party verification and certification of our Carbon Dioxide Removal Credits. An expert on the CDR ecosystem as it currently exists, your due diligence and analysis will refine our understanding of our customers’ needs and define how to effectively deliver solutions to them.

The Business Development Manager is integral to the growth and success of our team. The CDR market is new and rapidly evolving with fundamentals that are not yet fully developed. The key functions for this role are to enhance the market understanding and to analyze information, identify opportunities for growth and seize those opportunities - whether cultivating relationships with new clients and partners or expanding operations in existing fields.

California Carbon Allowances (CCAs) declined heading into Wednesday's Q3 auction as entities geared up to buy volume, while Washington Carbon Allowances (WCAs) lifted this week following the publication of results from the sold-out reserve sale.

A UK-based company on Thursday announced it has partnered with US stock exchange Nasdaq to provide carbon accounting services to firms ahead of the anticipated launch of the Biden administration’s final climate disclosure rules.

Canada’s proposed Clean Electricity Regulations (CER) largely hold jurisdiction to regulate the CO2 emissions of provincial electricity generation, legal experts told Carbon Pulse, despite claims from the premiers of Alberta and Saskatchewan that the forthcoming climate policy is unconstitutional. 

The United Nations Development Programme (UNDP) on Thursday announced new open-source software to allow countries to manage national data and trade in carbon credits, bucking the existing trend of monolithic and siloed systems.

The European Commission adopted on Thursday the reporting rules for the bloc's upcoming carbon carbon adjustment mechanism (CBAM), starting its transitional phase in October.