Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 11 min ago
INTERVIEW: Verra boss vows to keep open mind for credit standard’s extensive revamp
Upcoming changes to the world’s largest voluntary carbon crediting programme promise to look broader and deeper than simple tweaks to methodologies, according to the organisation’s CEO David Antonioli, pointing to past trends that have seen more fundamental shifts in the standard.
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EU foreign ministers fail to unite over fossil fuel phaseout
EU foreign ministers on Monday failed to unanimously agree on a call to push for a global phaseout of fossil fuels, though officials promised a fresh approach on the bloc’s climate diplomacy.
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VCM Report: Standardardised nature-based contracts remain under pressure
The gulf between standardised nature-based contracts and newer vintages in the REDD+ avoided deforestation market remained very wide over the past week, while prices for standard CORSIA-eligible credits dropped lower.
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RGGI Market: RGAs shrug off New Jersey clean power goal, while Chinese oil major opens account
RGGI Allowance (RGA) price volatility evaporated this week as market participants dismissed the near-term impacts of New Jersey accelerating its 100% clean electricity target, while a state-owned Chinese oil company opened a speculative account in the power sector carbon market.
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ANALYSIS: EU ETS ignoring politicians’ views on preferred price as fundamentals seen holding strong
European political discourse around recently-agreed EU carbon market reforms has seen some lawmakers stating clear opinions on their preferred price levels, but traders seem to have different ideas, ignoring those views in the short term as levels hit fresh records.
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Germany could cancel up to 14 mln EUAs from 2024 auctions -analysts
Germany could cancel up to 14 million EU ETS allowances from the country's auctions next year, according to analysts, after a government ministry reportedly said it was in favour of removing the permits from the market to counterbalance the impact of its coal plant closures.
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Senior Managing Consultant, Agricultural Value Chains, South Pole – Milan/Madrid
The goal of the Senior Managing Consultant is to ensure the timely delivery of high-quality consultancy advice to international and local clients on sustainability topics for the corporate sector. You will be fully accountable for the development and overall management of proposals on agriculture supply chain strategies and for the implementation of projects, for which you will supervise project teams of varying sizes.
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Carbon Market Consultant, Blue Carbon – Dubai
Carbon Market Consultant should have a deep understanding of global carbon market and will be working to lead our carbon finance initiatives in AFOLU sector, provide consultation services on carbon pricing, carbon finance market, carbon business models, including the analysis of both compliance and voluntary carbon markets, institutional and legal frameworks as well as main stakeholders in this field.
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Euro Markets: Midday Update
European carbon set a new record high on Monday morning as participants continued to eye a run at the €100 barrier amid a combination of supportive fundamentals and speculative trading, while energy prices reversed Friday's losses amid bullish weather forecasts.
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Malawi eyes sale of 5 mln carbon units per year -media
The president of Malawi has said that he wants the country to produce 5 million carbon credits per year to generate as much as $100 million and boost employment in the African nation, domestic media reported Monday.
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Major Chinese papermaker eyes 1 mln carbon credits trade a year on Beijing exchange
A Shanghai-listed forestry and paper company has signed a strategic cooperation agreement with China Beijing Green Exchange to explore the potential of forest carbon sinks, as part of its plan to further tap into the domestic voluntary market.
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Senior Policy Analyst, International Carbon Markets, NZ Ministry for the Environment – Auckland
MfE is looking for an experienced Senior Policy Analyst to join its high-performing and dynamic Climate Change Directorate, within the International Carbon Markets (ICM) team.
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Business Analyst Carbon, Origin – Sydney
The Business Analyst - Carbon creates valuable solutions encompassing technology and process for carbon & environmental schemes in Energy Supply & Operations to deliver the overarching carbon strategy.
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Commercial Lead, Renewable Fuels and Carbon, Origin – Sydney
This newly created role will be responsible for leading and executing complex commercial opportunities, as well as providing expertise across Renewable Fuels and Carbon markets.
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Carbon Program Manager ANZ, BP – Singapore
This role will be involved in the management of carbon offset projects through the offset project lifecycle, carrying out screening and due diligence of carbon offset projects, managing projects, and conducting research and development into emerging carbon mitigation technologies, standards, and methodologies.
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FEATURE: Australia grapples with how best to decarbonise its suburbs
A trial to electrify communities in New South Wales has led to renewed calls by some for Australia to commit to cutting emissions by replacing fossil-fuel based home appliances and vehicles, rather than turning to hydrogen or biogas, which they deem costly and inefficient.
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South Korea to conduct study on 4th basic plan for ETS
South Korea has issued a tender for assistance to develop the 4th basic plan for its domestic emissions trading scheme (ETS), which will incorporate the country's updated climate goals for 2030, expected to significantly increase the ambition of the scheme.
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Australian heavy industry can decarbonise in line with 1.5C with over A$600 bln investment by 2050 -report
Heavy industries in Australia can cut their emissions by as much as 92% by 2050 in an ambitious decarbonisation scenario outlined in a report from an industry-led study group released in Sydney on Monday.
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US venture firm acquires stake in Australian-based carbon finance business
A US-based venture capitalist group has acquired a stake in an Australian carbon finance organisation to ramp up its data and analytics offerings.
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Global initiative launched to restore 1 mln hectares of kelp forests by 2040
A first global initiative has been launched by marine ecologists in Australia that sets an ambitious target of restoring 1 million hectares of kelp forests by 2040, aiming to reverse the climate change-induced decline of the ecologically valuable seaweed species, it was announced on Sunday.
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