Carbon Pulse

An offset project developer and carbon credit vendor has signed an offtake deal to supply funding to an innovative startup to build carbon capture and utilisation (CCU) units that are estimated to trap 5 million tonnes of CO2 per year by 2025.

Carbon Market Business Developer will be required to drive carbon offset sales for the Company across Europe, educate customers on carbon offset opportunities available and promote advisor of choice.

Taking Root is looking for a Content Marketing Specialist to help the organization become a global leader in tropical reforestation and forest carbon. As the Marketing Coordinator, you will lead the creation and dissemination of industry-leading content across all of Taking Root’s channels while building and sharing expertise on market trends within the organization.

For the second time in a month, a forest carbon offset company has accidentally started a large forest fire in Spain.

California Carbon Allowance (CCA) price action calmed in recent days after bearish macroeconomic developments led prices to a four-month low, while RGGI Allowance (RGA) values also stabilised after back-and-forth legal developments in Pennsylvania’s court battles concerning its programme membership.

Chile and New Zealand on Thursday announced they will look into a new mechanism under the Paris Agreement’s bilateral trading provision to generate emissions reductions beyond the South American country’s climate goals and generate carbon credits for the South Pacific nation.

BloombergNEF (BNEF) are seeking a talented, highly-motivated individual to analyse voluntary carbon markets and corporate sustainability commitments as part of our sustainability research team.

EU nations are split and carbon market participants anxious over potential mandated gas demand cuts proposed this week, but multiple analysts said it would take a deep recession to drag ETS-covered emissions lower than 2021 levels given the significant rise in coal burn expected this year.

Low-income neighbourhoods and communities of colour in RGGI member states are seeing fewer benefits from the power sector cap-and-trade programme than whiter, more affluent areas, according to new research published Wednesday.

Wildfires were the main driver of California tree cover loss over the past four decades, and worsening climate change may exacerbate the situation further and deplete the state’s forest offset buffer pool, according to a new study.

US Senator Sheldon Whitehouse (D) continues his battle for a US carbon border adjustment mechanism (CBAM), with bipartisan support for the measure very likely necessary given Congress' current failure to pass climate legislation through budget reconciliation.

Nature-based voluntary carbon market prices slipped to around $8 Thursday morning UK time to compound a sharp fall Wednesday, likely triggered by a US fund selling positions, sources said.

EUA prices fell for a fourth day on Thursday to test technical supports despite rallying briefly after a strong auction, while energy markets weakened as Russia's Gazprom resumed deliveries of natural gas to Europe through the Nord Stream 1 pipeline after completing a maintenance turnaround.

Japan and Singapore have both approached Papua New Guinea seeking a framework under which they would be able to buy carbon credits aligned with Article 6 under the Paris Agreement, according to the PNG Climate Change and Development Authority (CCDA).

The international Green Climate Fund (GCF) has begun the formal process for its second replenishment, following its latest meeting, along with commitments to fund four new projects valued at $380 million.

The Northern Territory (NT) government in Australia and Japanese oil and gas firm Inpex have signed a “statement of commitment” to achieve a “net zero emissions future” as part of an agreement that also involves the expansion of a key gas and LNG project, it was announced on Thursday.

Australian downstream oil company Ampol will expand its “carbon neutral” fuels programme which aims to offset emissions from the sourcing, refining, distribution, retailing, and consumption of its petrol and diesel products, the company has announced.

Exchange operator ICE has acquired a provider of global corporate emissions and climate transition data, it announced Thursday.

Heavy polluters in New Zealand will have their free allocation of NZUs dramatically slashed as the government looks to ensure it can meet its emissions reduction targets.

The Australian resources company Mayur Resources, which had its REDD+ development licence revoked by the Papua New Guinean government, said it will “vigorously challenge” the decision.