Carbon Pulse

We are looking for a Forest Carbon Service Manager in AFRY’s new digital solutions division AFRY X in the Smart Forestry unit.

*PREMIUM LISTING - As a Risk Analyst, Environmental Commodities you will be working closely with our Finance team on ensuring the integrity, accuracy, and timeliness of the consolidation and reporting process for the Radicle Group of companies.

*PREMIUM LISTING - Reporting to the Director, Innovation, you will be responsible for evaluating, developing and testing new pathways for emission reductions within North America and globally.

*PREMIUM LISTING - In this position, you will collaborate with various stakeholders, including product managers, sustainability advisors, developers, quality assurance analysts, and content writers.

*PREMIUM LISTING - Radicle is looking for an experienced Product Marketing Lead to join it’s award-winning brand and high performing marketing team.

A German steel sector trade association has proposed the European Commission introduce new incentives into the EU ETS to encourage the use of scrap materials, according to reports.

Prospects for a global carbon pricing regime for shipping have improved markedly following a week of closed-door talks at the International Maritime Organisation (IMO), an advisory group said on Friday.

Emitters saw their California Carbon Allowance (CCA) holdings increase right before the Q2 WCI auction this week, while they offloaded RGGI Allowances (RGAs), according to US Commodity Futures Trading Commission (CFTC) data published Friday.

There are no durable CO2 removal credits being offered from projects issuing carbon credits in 2021-22 on the voluntary carbon market (VCM), according to a report that assesses trends across the four largest offset registries, and also points out other challenges with carbon offset supply.

The European Commission should assess and spell out how to enhance carbon dioxide removals (CDR) in a new legislative proposal by no later than 2025, the European Parliament’s environment committee (ENVI) said in a vote on the bloc’s carbon market earlier this week.

The government of right-wing Brazilian President Jair Bolsonaro wants all the country’s economic sectors to set their own emissions goals provided the targets collectively deliver its pledge to the Paris Agreement.

California Low Carbon Fuel Standard (LCFS) credit prices slid closer to falling into the double digits this week, marking a new 4.5-year low for the clean fuels programme.

Rules that allow offsets in five compliance markets, including China, could drive nearly as much demand for carbon credits as were issued under the entire voluntary carbon market (VCM) last year, a bank report found Friday, adding that the trend is likely to rise.

The cross-stakeholder Integrity Council for the Voluntary Carbon Market (IC-VCM) updated its timeline for publishing its long-awaited carbon offset quality standards on Friday, delaying their release by one quarter to Q4, with the public consultation on draft guidelines pushed back two months to July.

A carbon investment vehicle that holds physical EUAs has seen its holdings fall by 17% in the two days after the European Parliament’s environment committee proposed restricting speculative access to EU ETS registry accounts.

EUA prices clawed back early losses on Friday morning as traders balanced a cut of 3% in 2022 auction volumes with the prospect of a 200-250 million-tonne injection of additional auction supply in the coming four years.

The Malaysian state of Sarawak will be the Southeast Asian country’s first jurisdiction to establish rules for forest carbon activity with the successful passage in the state’s legislative assembly of a forestry bill on Thursday.

Carbon allowances in China’s national emissions trading market remain unchanged throughout the month of May and volumes have evaporated, as traders begin to expect there will be little regulatory progress this year.

The Green Climate Fund (GFC) has approved $301 million in funding to go towards new climate projects, while adopting a strategy framework for private sector involvement and simplified the project approval process for some host countries.

The New Zealand Unit (NZU) spot price continued to float sideways on Friday, with the market giving the government’s Emission Reduction Plan released earlier in the week a relatively muted greeting, though some say the upcoming June auction could create prices movements off the back of an almost exhausted cost-containment reserve.