Carbon Pulse

*PREMIUM LISTING - As Head of the Project Development Team, you will be responsible for all project related tasks regarding origination, financing, development, and operation of a portfolio of mainly forestry and renewable energy projects.

A new limited partnership that appears associated with a US family investment office is aiming to raise $200 million to put towards California Carbon Allowances (CCAs), according to a document filed Wednesday.

Current corporate commitments could see the voluntary carbon market (VCM) grow to the equivalent of 10% of current global emissions, an analyst told a conference on Wednesday, despite other experts warning that the market's integrity risked being undermined by fuzzy accounting.

Switzerland’s executive on Wednesday amended its CO2 ordinance as an emergency measure to extend to 2025 several of the country’s climate action instruments, as well as its overall emissions reduction goals, ahead of its new law in the works.

Senior MEPs remain fiercely divided on how quickly to replace EU ETS free allocation with carbon border measures following crunch talks, a well-placed source said on Wednesday, despite identifying more ambitious elements among all the main political groups.

The Life Cycle Analysist (LCA) Specialist will serve as in-house technical expertise for the development of tools, products and services building on life cycle analysis (LCA), and the delivery of consulting work addressing innovative approaches in the context of environmental markets and reporting frameworks.

Reporting to the Director of Life Cycle Assessment (LCA) & Data Science, the Data Scientist will contribute to the development of data-driven tools, products and services building on best practices in data analysis and management.

The EU ETS is working as intended but incentivising industrial sectors to decarbonise will present a significant future challenge with hydrogen and removals expected to be key to meeting European net zero emissions targets, according to several market experts speaking at an event on Wednesday.

Carbon was marginally lower in early Wednesday trading despite volatile price action, as energy markets rose sharply on news that the EU is to implement a ban on Russian oil imports this year.

Brussels is proposing to progressively ban Russian oil imports from the EU as part of a sixth package of sanctions against Moscow since Russia invaded Ukraine on Feb. 24, European Commission President Ursula von der Leyen said on Wednesday.

A group of entities based in Brazil has held the world's first sale of voluntary carbon credits related to micro-mobility, with the units sold via an auction hosted by Singapore-based exchange AirCarbon (ACX).

Cement manufacturers will need to commit only a modest level of investment to achieve a 17% cut in emissions intensity by 2030, but the industry will need to allocate $1 trillion worth of investment by 2050 if it is to reach net zero emissions status by that year, analysts said in a report published this week.

A German venture has raised €5 million in pre-seed funding to develop a platform that will offer trade in tokenised credits from nature-based offsets and project co-ownership.

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

More than 3% of eligible installations and airlines covered by the EU and/or Swiss carbon markets were listed as being in non-compliance for 2021, according to data published by the European Commission on Tuesday.

The Canadian environment ministry on Tuesday proposed limiting the federal government’s forthcoming forestry offset protocol to private lands in light of numerous technical challenges, and instead may create a separate methodology just for Crown Lands.

California Low Carbon Fuel Standard (LCFS) rose this week despite a bearish Q4 credit data release, as an official for state regulator ARB confirmed the agency intends to propose stricter pre- and post-2030 benchmarks for the programme.

Carbon standard developer and manager Verra advanced plans on Tuesday for a new method to allow offset project proponents to leverage financing ahead of the verification and issuance of carbon credits.

Emissions output under Massachusetts’ Global Warming Solutions Act (GWSA) cap-and-trade system barely budged in the first quarter of 2022 compared to the prior year, while the state is preparing to hold its first advance carbon allowance auction next month.

Senior EU parliamentarians are due to meet several times this week to discuss carbon market reforms, seeking to iron out most of their outstanding differences that include technical changes to the current cap-and-trade system.