Carbon Pulse

Japan on Thursday opened a second registration window for companies that want to participate in its planned domestic voluntary carbon market.

NatureCo is currently looking for an experienced General Manager of Commercial Development to drive growth through stakeholder engagement and working with clients to address their climate change needs.

A joint venture (JV) led by Australian oil and gas operator Woodside has been awarded a permit for the potential development of an offshore CO2 storage site in Western Australia, it announced on Thursday.

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

The Supreme Court of Pennsylvania retained a lower court’s ruling to maintain the preliminary injunction against the state’s RGGI-linked cap and trade regulation on Wednesday, denying an appeal from the Department of Environmental Protection (DEP) to reinstate the supersedeas provision enshrined in state law.

An aluminium producer and nature-based VER developer are auctioning off several hundred thousand offsets from what they say is the first REDD project in Brazil’s Cerrado region.

The UK government plans to make minor changes to the country’s carbon market ahead of 2023 in a response to a wide-ranging consultation, the UK ETS authority said on Wednesday in changes that include adding Swiss-bound flights.

Virginia Governor Glenn Youngkin's (R) administration on Wednesday outlined its plan to rescind the state's RGGI-linked carbon market at the end of 2023, despite opponents maintaining that only the General Assembly has the authority to take this step.

A fund set up as an alternative to carbon offsetting has in its first year mostly opted to support projects that closely measure their tonne-for-tonne emissions impact, while reaffirming that the financing is tied to overall climate impact rather than measured CO2 results.

A large carbon project developer and a European industrial conglomerate have signed a memorandum of understanding to offer climate consulting services to corporates to help them reduce energy-related emissions across the value chain, the two firms announced Wednesday.

Inter-institutional talks on EU carbon market reforms are due to resume in earnest only in October, several key lawmakers told Carbon Pulse this week, making it virtually impossible to meet an initial goal to agree the mammoth Fit for 55 climate policy package in time for this year's UN climate talks.

A Perth-based investment firm has set up a fund that will let investors tap into the growing market for Australian carbon credits.

EUAs fell for a seventh time in the last eight days amid a bearish mood ahead of September's resumption of full auction volumes, while energy prices halted their recent run of declines as Gazprom closed the Nord Stream 1 pipeline for a scheduled three-day maintenance that many stakeholders suspect may be extended as Russia continues to put pressure on Europe's energy supply.

The Shanghai municipal government is set to auction off 1 million CO2 allowances for its emissions trading scheme in early September, with the price floor expected to set near current market levels.

European Commission President Ursula von der Leyen has shrugged off calls by Poland to freeze carbon allowance prices at €30 as a way to help the bloc’s industry cope with soaring gas and power prices. 

China's forestry regulator has warned local authorities to be aware of potential risks associated with forestry and grassland projects in the voluntary sector, saying developers could take advantage of the existing policy vacuum, according to an internal note seen by Carbon Pulse.

Australia’s GHG emissions rose by 1.5% in the twelve months to the March quarter of 2022 from the previous year, reflecting a modest economy-wide increase despite emissions from electricity continuing to fall, government data showed Thursday.

BloombergNEF (BNEF) is seeking a talented and highly motivated individual to join our European carbon analysis team. To succeed in this role you will have a genuine passion for carbon markets, and want to be at the forefront of this exciting industry.

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

California Carbon Allowances (CCAs) experienced significant volatility on Tuesday, as bearish influences from the global macro picture, EUAs, and a Golden State clean electricity bill gave way to renewed bidding on two separate occasions.