Carbon Pulse

EUA prices jumped to their highest level in nearly eight weeks on Wednesday, breaking out of a month-long range as a sudden upsurge in buying interest coincided with an auction-free morning to breach several technical levels. 

HSBC is funding two initiatives designed to drive the creation of carbon credits from coastal ecosystems for the Australian offset market, the bank said this week.

Brokers have seen increased interest in Australian Carbon Credit Units (ACCUs) project methodologies in response to criticisms raised by academic studies last month, adding to an overall sense of uncertainty and a drop in market activity.

Anglo-Australian mining behemoth Rio Tinto has established a team to identify opportunities to invest in nature-based solutions located on or near its landholdings, the company said on Wednesday.

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

This position will report to the Marketing Business Partner and the candidate will be responsible for propelling Strive brand through consistent messaging and strategy.

This role provides an excellent opportunity to work with a pioneering, versatile and dynamic organization. We are committed to advancing new research and analysis. This is in addition to the implementation of land-based mitigation and adaptation strategies, nature-based solutions, and sustainable land use policies.

*PREMIUM LISTING - Radicle is looking for a Junior Trader, Voluntary Markets, who is resourceful and proactive with strong attention to detail and communication skills.

*PREMIUM LISTING - As a Project Manager, you will be responsible for the design and development of emission reduction projects and the management of their certification processes under international and local European standards.

The Air Quality Program (AQP) is looking to fill the GHG Emissions and Verification, Fuel Supplier Specialist (Environmental Specialist 5) position. This position will be located at our Headquarters Building in Lacey, WA.

The Air Quality Program (AQP) is looking to fill the GHG Emissions and Verification, Third-Party Verifier Program Specialist (Environmental Specialist 5) position. This position will be located at our Headquarters Building in Lacey, WA.

*PREMIUM LISTING - Earthshot Labs is looking to hire an expert in existing nature-based carbon credit methodologies who is passionate about ecological restoration.

As part of the Global Carbon Project Development team, you will be working with regional teams in the USA, Brazil, Europe and India as well as alongside highly motivated and passionate people to understand and solve for key challenges in developing carbon credit projects in the agricultural sector.

At least nine more trading accounts have been opened in the UK Emissions Trading Scheme in the past two months, government data shows.

Pennsylvania will publish its final power sector cap-and-trade rulemaking at the end of the week, which would allow the state to link with the RGGI market in July barring any setbacks from current or future legal challenges and legislative efforts to stop this process.

US biofuel credit (RIN) prices continued to rise on Tuesday as traders cited strong refining margins and an elevated bean oil-heating oil (BOHO) spread as reasons for the increase in the Renewable Fuel Standard (RFS) market.

EU member states are now more than three-quarters of the way through the 2022 free carbon allowance allocation cycle, according to official data.

The US President Joe Biden administration is hitting back this week on criticism over its failure to pass key climate provisions and accusations that it is not living up to its campaign promises or international commitments to tackle climate change.

The European Parliament’s cross-party industry committee (ITRE) is set to largely back a Brussels plan for reforming the EU ETS on Wednesday, according to compromise amendments crafted by senior lawmakers that leave some key sticking points to other MEPs.

The Integrity Council for the Voluntary Carbon Market (IC-VCM) announced on Tuesday the appointment of Indigenous people and Local Community (IPLC) representatives to its governing board and advisory board.