Carbon Pulse

Germany’s compensation scheme to support the phaseout of lignite by 2038 is based on “flawed assumptions”, including a carbon price well below what utilities will likely pay for hedging costs, according to an NGO-commissioned report released over the weekend.

South Korea is lagging in its efforts to meet its 2030 NDC and its promise reach net zero emissions by mid-century, according to a report released Monday that also urged the government to slash allocation levels in its emissions trading scheme to drive a quicker decarbonisation of its energy sector.

Infinite Solutions is looking for a Carbon Trader and Originator in London.

We are looking for an experienced, commercially driven carbon offset originator with a proven track record, who would like to join the Carbon Team at STX Group USA.

As a Senior ESG & Climate Analyst/Advisor (Investment) you’ll be part of this exciting opportunity to help clients embed these considerations into their investment processes and corporate practices.

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

California Carbon Allowance (CCA) prices surged to new highs on Friday afternoon ahead of the May WCI auction next week, with traders pointing to increased speculative interest being the primary driver on the secondary market.

Researchers responded this week to criticism of their report that questioned the emissions reductions attributed to California-registered forestry projects, while developers claimed the group’s conclusions may be the result of critical flaws.

WCI compliance entities cut California Carbon Allowance (CCA) holdings this week as speculative interest continued to surge on the secondary market, while financial firms held their length roughly flat week-on-week, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

EU carbon prices resumed their record-breaking run on Friday, leaping another €2 as wider markets recovered from inflationary jitters and gas continued to climb.

Carbon finance is growing and countries are faced with an array of choices—including whether to pursue projects, nesting or jurisdictional REDD+, which standards to use in doing so, and what finance opportunity to pursue.  The landscape can be a confusing array of options.  In this contribution to the Shades of REDD+ series, targeted for forest countries, we try to demystify three opportunities to capture finance for jurisdictional REDD+ performance.

A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including developments in California's Scoping Plan process, North Dakota's long-term climate goal  and a major East Coast offshore wind project.

China is now just weeks away from offering companies in its national emissions trading scheme the long-awaited opportunity to trade CO2 allowances, after industry group China Electricity Council conducted final tests of the exchange and the permit registry over the past week.

The UK is planning on host the COP26 UN climate negotiations as an in-person summit in Glasgow in November and is considering various ways of ensuring protection against the coronavirus pandemic, the meeting’s president Alok Sharma said on Friday.

Australia’s in-progress carbon credit exchange will likely over time expand beyond domestic credits to host trade in other emissions units as well as certified low carbon energy, steel, and aluminium for export, according to the Clean Energy Regulator.

Carbon’s been on a bit of a journey in the last week, and to judge from the chatter in the market there really is no end in sight. How high can it go? What can stop it? Who’s going to call the top? Most of the reasons why carbon is rising are clear and not really new. But what *is* new, to me at least, is the “fine mess” that has developed involving natural gas and carbon prices.

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

This position is with EPRI’s Energy Systems and Climate Analysis group. The successful candidate will manage and contribute to research efforts on pathways to electric sector and economy-wide decarbonization and on the economics of emerging energy technologies. 

The Global Carbon Offsets Business Development Director, as a subject matter authority for carbon offsets, will independently identify, evaluate and negotiate new sales and marketing growth opportunities across multiple areas. We seek a multifaceted professional who will identify and develop optimal revenue models, sales and distribution channels, pricing and new product development strategies.

*PREMIUM LISTING – FFI is seeking a qualified candidate for the position of Senior Technical Specialist, Forestry & Forest Carbon.  You will play a vital role in the technical design and implementation of pioneering NBS projects in high carbon stock and high conservation value landscapes in a variety of locations, with an initial focus on REDD+ projects in Liberia and Vietnam.