Carbon Pulse

Nature-based voluntary emissions reduction (VER) contracts soared to new peaks last week on heavy volume as market participants said commodity trading houses and funds were joining fossil fuel companies in snapping up both standardised and project-specific units.

A group of 57 green finance experts advising the EU has slammed European Commission plans to label gas and nuclear power investments as sustainable, strongly opposing what it saw as loose emissions curbs for gas projects.

European governments are under increasing pressure to protect households from sky-high heating and power prices under the unfolding region’s gas crisis, but the resulting relief programmes have the potential to dampen carbon pricing signals and put the bloc's climate targets at risk.

A European carbon project developer is in discussions with 20 host governments to secure correspondingly adjusted carbon credits for the voluntary market, amid building corporate demand.

EUA prices rose in response to a ratcheting up of tensions over Russian activities on the border with Ukraine, though carbon's rise did not match energy markets as weaker equities dampened enthusiasm.

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If you enjoy working in a small, but rapidly growing team and delivering high quality work that has an impact, you will thrive working for Corporate Carbon.

Opportunity to step into a newly created role to drive and inform the decarbonisation ambitions of Viva Energy and its customers, by leading carbon and energy assessment, reduction, certification and reporting initiatives.

An emissions reduction scheme to curtail deforestation in Indonesia resulted in the prevention of around 70 MtCO2e over 2011-18 from being released into the atmosphere, but this amounted to just 3% of the total required by Indonesia’s NDC, a study has found.

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Compliance entities slashed their net short California Carbon Allowance (CCA) position for the fourth straight week, while financial players trimmed their net long, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

France reported limited progress by EU nations on climate issues on Friday, as ministers from across the bloc raised multiple issues over plans for a second ETS for buildings and transport.

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 in California, New Mexico, and Michigan.

A key EU parliamentarian wants all EU-connected flights to be fully powered by sustainable aviation fuels (SAF) by mid-century, EurActiv reported on Friday, citing a draft opinion on the bloc’s proposed green jet fuel law that would substantially raise ambition. 

The EU should earmark revenue from its carbon border adjustment mechanism (CBAM) and provide additional funding to help Western Balkan nations transition to clean energy, a German think-tank said in a report published this week.

EUAs struggled on Friday to hold on to the previous session's big rally as buyer interest appeared to diminish, while energy prices rallied on renewed concerns over escalating tensions in Ukraine.

Activity in the Chinese carbon market has fallen off a cliff in recent days after the last stragglers finalised their 2019 and 2020 ETS compliance, while the government has yet to make a decision on allocation and offset rules going forward.

China will explore the possibility of connecting its CO2 emissions trading scheme with the recently launched green power market, regulators said Friday, a move that could provide additional compliance pathways for emitters but spell the end for renewables-backed carbon offsets.

China will reduce by more than 8% the amount of CO2 permits per MWh of generated electricity handed out to coal-fired power plants in the national emissions trading scheme, analysts said Friday, citing exclusive information from the government.