Carbon Pulse

Exchange operator ICE is launching a new standardised reference data service to help facilitate the management of voluntary carbon credits through the trade lifecycle while also reducing operational risks and costs, the company told Carbon Pulse in an exclusive interview.

The second largest California Carbon Offset (CCO) project could be terminated if it faces similar losses from wildfires as it did in the 2020 and 2021 seasons, researchers said in a recent blog post.

The first Washington Carbon Allowance (WCA) futures contract traded on the Nodal Exchange on Monday at a sizable premium to the California Carbon Allowance (CCA) contract, ahead of the Evergreen State's cap-and-trade system launching in January.

As this is a watershed moment for the movement and there are significant investments being made to address the climate crisis, Climate Nexus sits right at the intersection of that movement. The new Executive Director will have the opportunity to design a bold and innovative vision that allows the organization to expand and identify new opportunities for impact while providing unparallel support to the climate movement to build a cleaner, healthier, and more equitable future for all.

Average California Carbon Allowance (CCA) prices in 2023 will veer lower than previously forecast due to continued macroeconomic weakness, while market stakeholders should have clarity on the participation of Pennsylvania and Virginia in the RGGI programme early next year, analysts said in a recent report.

A multi-trillion-dollar investment firm has significantly increased its sales in two funds that appear to focus on California Carbon Allowances (CCAs), according to new US Securities and Exchange Commission (SEC) filings.

Switzerland's first auction for carbon allowances from its ETS compliance year 2022 cleared at a record high, the government announced Monday.

US biofuel credit (RIN) values continued to unwind on Monday before finding some support, with market participants still reeling from US Renewable Fuel Standard (RFS) blending quotas last week that came in far below expectations.

VER prices edged lower in thin liquidity this week, continuing to bump along at the bottom of a bear market despite bullish signals from a surge in activity in CORSIA-based futures, the signing of a huge jurisdictional REDD contract, and more countries talking about using VERs in compliance markets.

The EU must take action to prevent an exodus of industry triggered by the US Inflation Reduction Act (IRA), European Commission President Ursula von der Leyen said in a speech on the eve of trade talks between the two major powers on Monday.

The first voluntary carbon market designation from the London Stock Exchange Group (LSEG) was announced on Monday, with the company touting transparency and credibility markers to help carbon projects scale.

Under the supervision and guidance of the Forest Monitoring Manager the Forest Carbon Specialist will lead the development and application of carbon co-benefit framework for project-level forest management practices, and a carbon accounting framework for the state of Colorado.

Money is rushing into the CBL GEO futures on the CME exchange ahead of the introduction of the first phase of the airline scheme the standardised contract is based on, although the move also coincides with increasing talk of using these types of carbon credits in national compliance programmes.

China’s biggest provincial pilot emissions trading scheme has released its 2022 allocation plan, setting the CO2 cap marginally higher than last year's levels, the Guangdong provincial government said.

EUA prices eased lower early on Monday following a technical downward correction after strong gains late last week, as well as pressure from funds selling Dec-22 futures to shift volumes along the curve, and amid reports of heavy gas demand destruction so far in Q4.

CCUS can play a critical role in India’s decarbonisation efforts but a viable policy framework that prioritises financial and tax incentives across the value chain needs to be put in place to bring it to scale, including via the carbon market, a government think-tank has urged.

Taiwan's legislature is set to pass a revised climate bill by the end of this year, though lack of policy clarity surrounding carbon pricing mechanism could hamper the island's ambitions towards net zero and leaves it unclear to which degree Taiwanese companies can rely on access to the international carbon market, experts told Carbon Pulse.

An Indonesian carbon trading and project developer has raised $4.5 million in seed funding to go towards marketing, project development, and hiring new staff, according to local media.

Biodiversity credits could help break the nature finance logjam if they can avoid some of the pitfalls that have left carbon offsets open to greenwashing accusations, according to a new study by the UNDP and UK-based think-tank IIED.

Over 650 scientists have signed a letter urging world leaders to stop using forests for bioenergy ahead of the upcoming UN COP15 summit on biodiversity in Montreal.