Carbon Pulse

*PREMIUM LISTING - We are looking for an enthusiastic and experienced individual to join our Innovation Team at Radicle. As an Advisor within our Methane Innovation team, you would be the point person on specific projects related to methane reductions, have an immediate influence in empowering the adoption of climate action, and align those actions with environmental commodity markets and monetization pathways.

*PREMIUM LISTING - The Manager, Carbon Offset Project Design leads a growing team of project design analysts and associates to develop successful processes, systems, tools, and resources supporting the creation of high-quality carbon offsets at scale, as part of Radicle’s Project Development team.

The fate of the Nord Stream 2 looks bleak after Germany and the US appear to have reached an agreement to scrap the gas pipeline should Russia invade Ukraine – something that President Joe Biden reportedly said is "highly certain".

California Carbon Allowance (CCA) prices tumbled nearly 7% this week as persistent bearish macroeconomic conditions knocked prices below the most recent WCI auction settlement before stabilising, as RGGI Allowances (RGAs) stagnated before a late move up to a new all-time high had some traders raising red flags.

 As the staff lead for auctions, you will be a crucial member of the Cap-and-Invest team. You will coordinate and implement allowance auctions that firms participate in to meet their emissions compliance obligations.

As the staff lead for allowance trading and entity education, you will be responsible for ensuring firms can trade—and participate—in the Cap-and-Invest market. By helping firms get comfortable with this new market and how it works, you will enable them to maintain a primary focus on decreasing emissions so Washington can meet its goal of reducing emissions by 95% by 2050.

EU lawmakers have proposed to incorporate direct air capture (DAC) and other carbon removal technologies into the bloc’s carbon market, but some industry experts say ETS integration would need to be coupled with other policies to see the technology scale up.

Romanian government plans to provide state-owned utility CE Oltenia with €2.66 billion for restructuring the company have been approved by the European Commission under its state aid laws.

EUAs held on to the previous session's gains early on Thursday in light trade while UK Allowances rose to a new record, as prompt natural gas prices slipped back after Russia and Ukraine agreed to suspend hostilities.

China’s energy transition is likely to speed up in 2022, even though near-term energy security concerns will mean continued focus on coal in the short term, according to a report released Thursday.

Oil and gas companies should resist the temptation to respond to rebounding oil demand and prices by sanctioning high-cost, long-cycle projects based on a bet that the current bullish investment environment will be prolonged, a report released on Thursday has argued.

Singapore’s sovereign wealth fund, GIC, has made what it calls a “strategic equity investment” into Hong Kong-based Intercontinental Energy (ICE), a company with a portfolio of large-scale renewable hydrogen projects on its drawing board, the key investment arm of the Singaporean government announced.

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

A veteran EU energy and carbon expert is joining an Oslo-based renewable energy market intelligence firm to help expand its offering.

The role of Low Carbon Trading Portfolio Project Manager will be an integral part of the Low Carbon Trading (LCT) Centre of Excellence, part of the Trading & Shipping (T&S) organization. The role will lead on the management of carbon offset projects, provide project and portfolio due diligence, as well as technical risk management expertise for all carbon offset projects.

Carbon removals marketplace Patch has signed a deal to integrate offset ratings from provider BeZero Carbon onto its platform, seeking to offer more insights on the quality of available units.

We are looking for a Carbon Program Manager to lead the development of innovative methodologies and solutions that will reduce greenhouse gas emissions. Additionally, the candidate will work to develop partnerships, grow the Environmental Services business with a focus on international opportunities, and provide support to the domestic project development team.

California regulator ARB this week approved the single largest intentional reversal of compliance offset issuances in the history of the cap-and-trade regulation, as changing programme guidance for quantifying carbon stocks led an Arizona forestry project to overissue credits.

We are seeking an enthusiastic and capable individual to work independently and as part of a team on carbon markets and climate finance. This will be a wide-ranging role covering analysis, research, business development and transaction processing.

Voluntary carbon market participants are counting on newly-formed bodies to give direction following a UN Article 6 emissions trading deal.