Carbon Pulse

EU nations should accelerate the passage of the Fit for 55 climate policy package and increase its ambition, eleven EU nations said in a statement on Thursday, adding that doing so would help end the bloc’s reliance on Russian energy.

The Australian government is taking a slow and steady approach to developing its Indo-Pacific Carbon Offset Scheme (IPCOS), prioritising its established partnerships with Papua New Guinea and Fiji before looking further afield, a conference heard Thursday.

The Australian Greens party on Thursday announced they would call for a A$50 ($37.40) minimum price for Australian Carbon Credit Units (ACCUs), should they win the balance of power in the upcoming federal election.

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

Voluntary carbon offset provider Climate Impact Partners has hired two experts - a forestry professional and an ESG investment specialist - to bolster its offering.

The Intergovernmental Panel on Climate Change (IPCC)’s pathways to maintaining a liveable planet rely on carbon removals, but the experts' caution on how these technical and nature-based methods should be deployed suggest that governments are unlikely to give untrammelled backing.

The Washington Department of Natural Resources (DNR) on Wednesday announced a forest carbon project on state-owned lands that will generate hundreds of thousands of voluntary emissions reductions (VERs) over the next decade.

Carbon offset projects that avoid emissions could lose buyers’ interest in the next few years as companies shift towards removal-based purchases, an analyst said Wednesday.

Forest-based offsets should not be marketed as emissions reductions, according to a veteran compliance carbon market analyst, who said on Wednesday that trees must be continually planted to compensate for lost forest stock while project proponents enjoy high returns from their original investment.

The EU ETS-covered ceramic industry, a key supplier to bigger emitting steel and cement producers, is in 'survival' mode as soaring energy costs significantly hamper its output and ability to transition to a cleaner economy, an event heard on Wednesday.

*Volkswagen ClimatePartner GmbH is looking for a Head of Project Development as part of its Carbon Offset Projects team based in Munich.

*Volkswagen ClimatePartner GmbH is looking for a Manager, Due Diligence for its Munich-based team.

*Volkswagen ClimatePartner GmbH is looking for a Freelancer for its Carbon Project Development Indonesia team.

*Volkswagen ClimatePartner GmbH is looking for a Freelancer for its Carbon Project Development China team.

*Volkswagen ClimatePartner GmbH is looking for a Freelancer for its Carbon Project Development Brazil team.

A technology company has purchased the entire portfolio of urban forestry carbon credits in circulation in the US for between $34 and $45 per unit with the aim of digitising the credits for resale through the firm’s blockchain platform in the coming months, the firm said on Wednesday.

Four European airlines received more free allowances than they needed to cover their EU ETS obligations in 2021, according to a green group's analysis of ETS data for a period when the carriers' emissions were still greatly impacted by coronavirus restrictions.

EU carbon prices remained in a narrow band on Wednesday amid light volume, while energy markets lifted as traders absorbed the implications of an EU ban on Russian coal supplies.

China’s oil industry might not be able to meet the nation’s overall target to peak its carbon emissions by 2030, and is likely to add a vast amount of CO2 before it reaches this high point, according to a government-led study.

A consortium including BHP, Rio Tinto and two shipping firms has agreed to assess the development of an iron ore green shipping corridor between Australia and East Asia, it was announced on Wednesday.