Carbon Pulse

As the Carbon Credits and Removals Lead, you will develop and manage Google’s carbon credits program and emerging removals portfolio. You will lead a strategy for carbon credits and removals, playing a role in accelerating the realization of Google’s goal to reach Net Zero by 2030, steering multiple initiatives underway.

As it continues on its growth trajectory and looks to the future, Tradewater is seeking a Director of Verification and Logistics. The position links key components of Tradewater’s work – a mastery of carbon offset protocols, management of the movement and destruction of greenhouse gases globally, and project documentation and quality control to ensure that all of Tradewater’s work meets the requirements of carbon offset protocols in a manner that can be successfully verified by third-parties.  The position reports directly to the Chief Operating Officer.

The Alberta government must increase the stringency of its Technology Innovation and Emissions Reduction (TIER) programme even more than it is planning in order to prevent a downturn in emissions performance credit and offset prices, researchers said Wednesday.

US Republican and Democratic lawmakers on Thursday introduced a bill to combat deforestation and aid global CO2 reduction efforts, including by helping countries to participate in carbon markets.

The Washington Department of Ecology (ECY) on Thursday published its final WCI-modelled carbon market regulation, making a slight alteration in the initial GHG budgets ahead of the programme launch in January.

The European Central Bank is leading efforts among its peers worldwide to step up the fight against climate change and biodiversity loss, but evidence suggests these moves will have scant impact compared to even a modest carbon price.

Energy ministers will meet on Friday to finally adopt long-floated measures aimed at taming rocketing energy prices, ranging from mandatory electricity curbs to taxing windfall profits, against the backdrop of a worsened geopolitical scenario since the EU-27 gathered only a couple of weeks prior.

The Supervisory Body for the UN's new crediting mechanism has issued recommendations on carbon removals and called on experts to help finalise its guidance, despite fears that the ideas are too vague.

Leaks from Nord Stream pipelines this week may emit greenhouse gases equivalent to more-than 70% of Danish annual output over a 20-year period, according to analysis of government figures that would place them among the biggest gas leaks ever and pose a major climate threat.

'Gold plating' certain types of offset credits in the drive to improve integrity in the voluntary carbon market (VCM) could prove detrimental in combating global warming, a markets standards body warned on Thursday.

Air carriers’ association IATA on Wednesday scrapped its request for a less ambitious CORSIA emissions baseline, setting the stage for the ICAO Assembly to adopt the slightly more ambitious compromise proposal put forth by the UN body’s Council.

A group of clean technology investors and policy leaders are urging policymakers to avoid cutting the size of the ETS-backed Innovation Fund amid emerging threats to reduce its scale. 

The European steel association Eurofer has called on Brussels for help in managing the costs associated with carbon ahead of ministerial energy crisis talks on Friday, but continues to support the EU's flagship Fit for 55 climate package that is soon to be finalised, a representative confirmed to Carbon Pulse.

EUAs made a modest rally early on Thursday after testing a recent low and as some traders continued to cover short positions amid lacklustre demand, while energy prices reversed the previous session's strong gains after Germany's gas network regulator warned that further demand cuts are needed.

Japan is seeking to enhance its role in the promotion and financing of low carbon projects in Asia, with a focus on kickstarting what officials term “transition technologies” that would nevertheless prolong the use of fossil fuel consumption if the emissions generated from that use, such as in power generation, are reduced or abated by those technologies.

China’s Ministry of Ecology and Environment (MEE) said the legislation of the nation's emissions trading scheme is still awaiting further examination, though a lack of specific timeline has left observers questionting whether the carbon market will embedded in law before the end of the year.

The Western Australian state government has announced the second funding round for a carbon farming programme to encourage more landholders to participate in the industry.

A South Korean investment bank says it will pull its funding from Santos’ Barossa gas project, unless the project commits to CCS or buys millions of Australian Carbon Credit Units (ACCUs) to offset the project’s emissions.

A Hong Kong-listed investment company has signed a carbon credits transaction agreement with a Singaporean trading company involving the purchase of 2 million voluntary carbon credits, it announced on Thursday.

The proposed hike of New Zealand’s Cost Containment Reserve price trigger is highly unlikely to cause NZU prices to follow suit, according to one submission to the government’s ETS review.