Carbon Pulse

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

Canada’s environment ministry is to further delay the start of compliance obligations under the Clean Fuel Standard (CFS) to the end of 2023, the Canadian Press reported late on Monday, citing final regulations obtained ahead of their intended publication.

The G7 and several invited developing countries agreed to work together to accelerate climate action while ensuring their energy security, according to a statement on Monday, the second day of the three-day leaders' summit in Germany that has seen several climate-related announcements. 

Reporting to the Business Development Director, the Business Developer will be tasked with developing the company's commercial and strategic activities.

Reporting directly to the Carbon Projects Director, the Portfolio Consultant will be in charge of expanding the network of project developers partnerships, executing due diligence on identified projects and participating in carbon credits purchases and the implementation of long-term investments.

The candidate is in charge of enriching the portfolio of projects from EcoAct’s Nature Based Solutions unit.

EU ministers arrived in Luxembourg on Monday for two-day talks to reach a united position on several Fit for 55 (FF55) climate policy reform proposals, aiming to keep pace with the European Parliament in the two-track legislative process.

Fears of an inflation-induced global recession continued to stalk the voluntary carbon market (VCM) this week, with standardised offset credits falling to extend a recent trend.

EUAs consolidated around their recent range in a low-key start to the week early on Monday, as trading continued to be active in longer-dated contracts amid steady forward hedging. 

The Australian government is set to announce it will commit funding to five blue carbon projects across the country, as its environment minister told a UN Ocean Conference that the environment “is back front and centre” in Australia.

New Zealand’s coastlines could be home to thriving blue carbon projects, though significant financial and methodological barriers remain alongside the very real risk that projects could be submerged by rising sea levels in the coming decades, a study has found.

This is an opportunity for an enthusiastic Senior Carbon Footprinter to join a fast- growing team of sustainability experts.

This is a key role within the organisation based in the Fitzroy Basin, which is responsible for recruiting farmers, administering and managing AgriProve's portfolio of soil carbon projects under the Emissions Reduction Fund (ERF).

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

The European Parliament this week approved a raft of measures to reform the EU ETS and advance the European Commission's monumental Fit for 55 climate policy package. Now that the dust has settled somewhat after hundreds of amendments were adopted by the full legislature, and with the file now set to move to trilogue negotiations between the Parliament, Commission, and EU member states, Carbon Pulse had a dozen analysts weigh in on the main aspects of what was agreed by MEPs.

Switzerland on Friday approved a bilateral agreement with Thailand, enabling the Southeast Asian nation to sell it carbon credits to help meet its Paris Agreement emissions pledge.

Compliance entities continued to raise their California Carbon Allowance (CCA) net length, while speculators reversed course and added length, taking advantage of CCA price weakness amidst declines across financial markets, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

A member of California's Air Resources Board (ARB) spoke up for more stringent targets for the state's LCFS during the second day of the board's 2022 Scoping Plan meeting Friday, while others said they were concerned about the plan's heavily reliance on carbon capture.

Danish EU ETS-covered companies will face a carbon fee of DKK 75/t (around €10) in 2025, rising annually to DKK 375/t (€50/t) by 2030, the government said on Friday.

The 54 nations signed up to the Energy Charter Treaty struck a provisional agreement on Friday that would enable European nations to limit protections for fossil fuel projects as they strive to cut emissions, though green groups said the deal was riddled with loopholes.