Carbon Pulse

*PREMIUM LISTING - We are looking for an ambitious and experienced applicant, who shares our mission of a low carbon future, to join our Carbon Desk. The chosen applicant will be responsible for starting up a desk in Chicago, for growing SCB’s presence; developing new business relationships and revenue streams within voluntary carbon markets in North America.

*PREMIUM LISTING - We are looking for an ambitious and experienced applicant, who shares our mission of a low carbon future, to join our Carbon Desk. The chosen applicant will be responsible for growing SCB’s presence; developing new business relationships and revenue streams within voluntary carbon markets in the UK and Europe.

The first seven large-scale projects to receive funding from the EU's Innovation Fund will prevent 73 million tonnes of CO2 over the next decade, European Commission officials said on Thursday.

The European cement industry has reacted strongly against calls for EU carbon border measures to more quickly replace the sector's free allocation of EU ETS allowances, arguing that this would strike a fatal blow against the competitiveness of the bloc's producers.

Peru is among the latest countries to join a group of nations that have pledged to apply corresponding adjustments to voluntary carbon market units, potentially forcing changes to how the country's raft of offset projects can sell their credits.

A new venture led by a carbon market veteran launched on Wednesday, with plans to tokenise offsets from GHG removal projects and make them tradeable on blockchain.

The implementation of Canada’s ambitious climate and clean energy policies is running up against its position as a major fossil fuel exporter, while the government should better leverage its advantage in clean electricity generation, the IEA said in its review of the country’s energy policy on Thursday.

EUA prices dropped for the fourth time in the last five sessions as technical selling dominated, while energy prices continued to drift amid improving renewables output and easing LNG supply concerns.

A carbon capture and storage (CCS) project in China’s western Xinjiang region that will become China’s biggest of its kind when it is fully operational plans to launch its first phase this year.

Danish shipping giant Maersk has accelerated its net zero emissions target by a decade to 2040, and has set a more ambitious interim emissions goal to be reached by 2030.

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

An Alaska forestry project saw millions of its California Carbon Offsets (CCOs) shed their invalidation risk this week, while entities voluntarily retired a large chunk of the compliance credits over the past two months, according to data from state regulator ARB published Wednesday.

The Director of Carbon Policy & Strategic Partnerships is a pivotal role within the Carbon business at Indigo. This person is responsible for identifying, mapping, and tracking key strategic relationships which may cut across many topic areas, including policy, science, demand, and supply. This person will also drive the refinement and execution of our strategy for engagement with NGOs, policymakers, academics, and other stakeholders in order to build Indigo’s reputation and position in the market, as well as enable favorable future market conditions.

The UN’s climate change agency has partnered with a second carbon exchange to drive sales of carbon credits issued under its Kyoto-era Clean Development Mechanism (CDM) to the voluntary carbon market, as the international offsetting scheme readies its transition under the Paris Agreement.

US biofuel credit (RIN) prices fell from 2.5-month highs on Wednesday on a report that President Joe Biden’s administration may trim recently proposed Renewable Fuel Standard (RFS) volumes for this year.

The EU ETS should include waste incinerators, add shipping a year earlier than originally planned, and make sweeping changes to free allocations for heavy industry, according to a leaked draft of a proposal from senior MEP Peter Liese seen by Carbon Pulse on Wednesday.

EUAs made modest gains in persistently volatile trading on Wednesday morning as energy prices were flat to weaker, while trade in UK Allowances picked up ahead of the British market's first sale of the year.

Two climate campaign groups will take the UK government to court over its net zero strategy and its lack of concrete policies required to meet the country's legally binding carbon budgets.

Australian carbon credit prices are continuing to rise quickly on very low volumes, as all available supply is quickly picked up by voluntary buyers and emitters preparing for next month’s Safeguard Mechanism compliance deadline.

South Korea sold only 40% of the allowances available at its first carbon auction of the year, even as the KAU price continues to rise.