Carbon Pulse

China’s central government said Tuesday to establish carbon sink trading pilots in Inner Mongolia and Heilongjiang province in northeast China, two of China’s most forestry abundant regions.

The position of Policy Manager, Climate Change forms a part of the Agriculture Policy branch within the Agriculture Victoria group.

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

The Washington Department of Ecology (ECY) on Tuesday provided details on its annual auction purchase holding limit for general market participants under its emerging cap-and-trade programme, with the design feature further differentiating the budding programme from the linked California-Quebec markets that proponents intend on joining.

Carbon Pulse is enhancing its coverage of the European and voluntary carbon markets with another new hire.

A team of industry veterans has signed agreements with two exchanges to list a new voluntary contract that it says will offer an innovative approach to trading that addresses the market’s “pain points”.

Power sector CO2 output in the California Independent System Operator (CAISO) region fell in November as fossil gas made up a smaller share of the grid and imports climbed to a 10-month high, according to its GHG report published Tuesday.

Methane emissions concentrations in the atmosphere reached all-time highs in 2021 along with most other greenhouse gases, but with limited upstream regulation at oil and gas operations, product labelling and certificate trading are building momentum as an additional way of curbing the potent discharges.

The Northeast and Mid-Atlantic RGGI cap-and-trade programme will make available nearly 21.8 million carbon permits for sale at the Q1 auction, the power sector scheme announced Tuesday, with the sale still including Virginia volume as the incoming GOP governor plans on revoking the state’s linkage.

Leading carbon exchange ICE Futures said on Tuesday that it hosted emissions allowance futures trades in 2021 equivalent to more than half the world’s estimated total annual energy-related emissions footprint, as it prepared to launch a global index-based futures contract covering four of the largest carbon markets.

Outgoing Democratic Virginia Attorney General Mark Herring on Tuesday said Republican Governor-elect Glenn Youngkin does not possess the authority to unilaterally take the state out of RGGI, while utility Dominion Energy asked a regulatory agency to withdraw its next request to recover allowance costs amid the uncertain future of the linkage.

The German government will unveil a set of emergency policy measures to curb emissions within three months, economy and climate minister Robert Habeck said on Tuesday after flagging that the country has missed its domestic goals for 2021.

Mohammed Chahim MEP’s draft report on the EU’s proposed carbon border adjustment mechanism (CBAM) takes a more aggressive stance and places greater focus on achieving the EU target on climate change, but seems less concerned about impacts on competitiveness of EU industry and the resulting risk of emissions leakage to third countries, argue Andrei Marcu, Michael Mehling, Aaron Cosbey of think-tank ERCST.

Agreena is seeking a carbon MRV expert to help enhance the firm's mission to harness the power of technology to improve the agricultural industry.

EUAs gained more than €3 early on Tuesday to claw back back around half of Monday's losses in response to a rally in US equities overnight, shrugging off mixed energy markets.

New Zealand carbon allowances rose to a fresh record on Tuesday, climbing towards this year’s auction cost containment reserve (CCR) trigger level, though volumes were modest with many traders away on summer holiday.

Vietnam has issued a decree outlining crucial steps towards launching a domestic emissions trading scheme and accompanying offset market later this decade as well as relations to global carbon markets.

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

As Senior Research Officer in our climate change corporate engagement team, you will be responsible for developing high-quality research to inform our campaigns across a range of sectors. Our current focus looks at sectors related to heavy industry and commitments to timebound, credible decarbonisation plans aligned with a 1.5C pathway.

The Federal Climate Policy Director/Manager will lead Pacific Environment’s efforts to influence the Biden-Harris administration, federal agencies, and Congress on climate issues generally and on zero-emission shipping, ports, and freight in particular. The Director’s/Manager’s advocacy will seek to advance environmental justice in port communities, secure clean/zero-emissions standards for ships using U.S. ports, secure the green infrastructure needed to transform American ports for zero-emission shipping, and ensure family-sustaining union careers.