Carbon Pulse

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

EDF has downgraded its estimate for 2022 nuclear output for the second time this year, as the French utility expects longer outage periods resulting from the discovery of defects at selected generation units.

*PREMIUM LISTING - Verra is looking for a Manager, Sustainable Development Innovations, to support the strategy and evolution of Verra’s Sustainable Development Programs!

The Director of Operations is a key member of the senior management team and is responsible for oversight of finance, accounting, tax, insurance, contracts, legal, human resources, information technology, and the administrative functions of the organization. The Director of Operations is also expected to contribute to the strategic vision of the Reserve and ensure sound financial decisions are made and organizational risks are mitigated.

California electricity sector CO2 output bounced back in 2021 from a significant drop during the first year of the COVID-19 pandemic, with December data showing lower generation from renewables and more from imports.

A Canadian-based alternative investment manager is launching the country’s first carbon ETF.

A senior EU lawmaker has broken with Brussels in wanting to put incinerators in the bloc's ETS, but the potentially meagre climate benefits involved risk upsetting the delicate trade-offs inherent in cutting waste emissions.

Prices for standardised nature-based voluntary emissions reduction (VER) contracts fell for the second straight week last week, as traders said future adjustments to Xpansiv market CBL’s Nature-Based Global Emissions Offset (N-GEO) eligibility led participants to shed credits.

Nature-based carbon projects deliver immediate reductions and reliable removals, but some buyers perceive them as short on permanence. It’s a concern we can now alleviate with new technologies and modifications to the way we manage the VCS buffer pool, said experts at standard board Verra.

European carbon drifted in moderate trade on Monday morning, as energy markets fell back in anticipation of a meeting between France's President Macron and Russian President Putin.

Japan’s Sumitomo Chemical has successfully arranged for two loans that meet the Japanese government’s recently designed guidelines for climate transition finance, the first such loans that have been made available to players in the chemicals sector, the company announced.

Mitsui E&P is seeking a Carbon Project Manager – Carbon Farming to provide support and manage the deliverables at all stages of a Carbon Project lifecycle.

Carbon Link is looking for a highly talented Senior Scientist to join its team delivering Carbon Farming projects across Australia. 

CarbonCrop is seeking an experienced Forestry Advisor to oversee the provision of carbon forestry advice to its customers, drive its engagement with the forestry sector, and provide domain expertise in support of the ongoing development of its automated solutions.

Net zero pledges made by 25 of the world’s largest companies will only cut emissions by less than 20% by their stated target years if taken at face value, according to a study published on Monday by environmental groups that identifies goals filled with loopholes, omissions, and exaggerations.

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

Compliance entities shed California Carbon Allowances (CCAs) this week amid the Jan-22 contract expiry, while financial players added to their holdings after significantly reducing their net length the previous week, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

UK clean power providers may need to scour their entire value chains for cost savings to secure a stable long-term income stream, the government said on Friday, launching a consultation on how its veteran Contracts for Difference (CfD) scheme can continue to bring down the cost of meeting climate goals.

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 Washington state cap-and-trade bills, New Mexico’s proposed low-carbon fuel standard (LCFS) legislation, and a Louisiana net zero plan plan.

Establishing steeper 2030 EU emission reduction targets for hard-to-abate sectors falling outside the bloc's ETS is expected to make cross-border transfers an increasingly attractive option for high-income nations struggling to meet goals exclusively through domestic climate action.