Carbon Pulse

Based in our Sydney Dealing Room, the Head of Global Carbon Trading role is both diverse and challenging and will include extensive management and engagement with key stakeholders across Corporate and Institutional Banking with a focus on the realisation of carbon trading capability.

New Zealand carbon permits extended their all-time high for a fourth consecutive session in Friday trade, with the relentless run raising some concerns over regulatory consequences.

MEP Peter Liese is considering a proposal to release allowances held in the MSR and to lower the threshold at which the Article 29a mechanism is triggered as part of a plan to control sudden EU ETS price spikes, he told Bloomberg in an interview published on Friday.

Oversupply in South Korea’s emissions market for 2021 is likely 5-10% lower than previously estimated as CO2 output rise, but there is still limited upside potential in price movement, analysts said Friday.

The surge in pricing for voluntary emissions reductions (VERs) over the past year has caused voluntary carbon market (VCM) participants to reassess their trading strategies, as buyers alter procurement methods and preferences while developers and intermediaries adjust to dwindling credit supply.

Australia’s minister for energy and emissions reduction, Angus Taylor, has asked the independent Climate Change Authority (CCA) to review the use of international carbon offsets by Australian companies, ahead of the launch of the regional Indo-Pacific Carbon Offset Scheme (IPCOS).

The Shanghai municipal government will hand out almost 4% more carbon permits under its emissions trading scheme this year as some facilities have been added to the market, and said Friday it could add new types of offsets to increase supply if necessary.

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

Blockchain infrastructure provider Toucan Protocol on Thursday launched its long-awaited Nature-based Carbon Token (NCT), causing prices for both its new and existing carbon credit-backed offerings to drop in the aftermath.

California Carbon Allowance (CCA) prices declined this week as traders readied for the first quarterly WCI auction of the year, while RGGI Allowances (RGAs) inched down as the market remains glued to the Cost Containment Reserve (CCR) trigger price amid other regulatory uncertainty.

A top environmental commodities trading firm is looking for a Senior Carbon and EAC Trader based in Madrid.

The EU has the legal means to ensure oil majors bear the brunt of costs from a new ETS for buildings and road transport, according to an NGO-commissioned report published on Thursday that seeks to avoid unfairly hitting poorer households. 

Singapore carbon exchange and marketplace Climate Impact X (CIX) remains committed to launching its auctions in Q2, noting lessons learned from the October pilot auction, its CEO said on Thursday.

EU lawmakers remain at odds over how best to shape the bloc's carbon market nearly a month after the release of a draft report, the bloc's parliament heard on Thursday as key MEPs looked unwilling to compromise on core elements.

Brokerage Evolution Markets has announced the launch of a structured transactions group to help its clients navigate the energy transition, manage climate risk, and meet sustainability goals through market-based offtake and risk transfer solutions.

In this role, you will help up-level our company's knowledge base on climate policies and standards. You will also lead strategic policy initiatives and help us craft 3Degrees' voice in policy debates of high relevance to our clients and our business.

European steelmakers upped their output over 2021 as demand picked up following the worst of the pandemic restrictions, though two of the biggest players have been advancing their climate ambitions in preparation for tougher emissions obligations, according to financial results published on Thursday.

The Oregon Clean Fuels Program (OCFP) saw deficit generation outpace credits once again in the third quarter of 2021, shrinking the credit bank of the low-carbon fuel standard to its lowest level in two years, according to government data published this week.

EUAs extended losses for a second day on Thursday, as traders appeared to continue to react to media reports that EU lawmakers are considering changes to the market's price management mechanism.

A partner and co-founder at one of Europe’s largest provider of market-based sustainability solutions has died.