Carbon Pulse

The projected presidential victory of Democratic nominee Joe Biden this weekend opens the door for the US government to take swift action on domestic and global climate policy during the first days of his administration, although a potentially divided Congress could stifle some of the progress necessary to achieve rapid and deep decarbonisation.  

California Carbon Offset (CCO) market stakeholders threw their weight behind a committee report released last month that would reduce offset invalidation periods and allow regulated entities to trade compliance limits, though environmental justice (EJ) organisations called for the state to suspend the credit programme pending a further review, according to public comments.

On the eve of the release of an expert report that could help revolutionise the “murky” global voluntary carbon market, the head of South Pole - one of the world’s biggest offset developers - says the authoring taskforce led by former Bank of England head Mark Carney is "barking up the wrong tree" and should be focused more on how to significantly raise prices than on creating benchmarks or improving transparency.

The UK plans to become the first major economy to require all listed companies and investors to disclose their climate risks, Finance Minister Rishi Sunak said on Monday, setting a deadline three years longer than draft plans had outlined. 

Germany's European Energy Exchange (EEX) has been re-appointed by the European Commission as the Common Auction Platform (CAP) for carbon allowance auctions during the first half of the EU ETS' Phase 4 (2021-20).

US biofuel credit (RIN) values under the Renewable Fuel Standard (RFS) surged by 11% on Monday after Democratic nominee Joe Biden was projected to win the presidency over the weekend, but prices swiftly came off over the course of the morning.

Switzerland has successfully completed its first carbon allowance auction since linking its emissions trading scheme with that of the EU.

The International Consultant (IC) on identification and facilitation of private sector investments in support of the national REDD+ strategy (hereafter ‘the Consultant’) will provide technical assistance to the Government of Malaysia in the development and establishment of a sustainable and overarching investment plan that will guide the allocation of investments that will support the implementation of the country’s REDD+ strategy.

Background Climate Finance Policy Analyst or Sr. Policy Analyst  Join us in the fight to hold Wall Street accountable, and make finance work for us, not against us.  Americans for Financial Reform Education Fund (AFREF) is seeking a Policy Analyst to drive a developing area of work leveraging AFREFs expertise on financial regulation to contribute to the […]

The Policy Director, Climate Justice will be responsible for developing and advancing a climate justice agenda at Audubon including understanding, addressing, integrating and adding issues of environmental justice across Audubon’s climate state and federal policy portfolio.

Pachama is looking for a new team member to help lead and coordinate our strategy and full development of our carbon supply to achieve our mission. This role will be responsible for helping to define and then build a quality supply of forest carbon credits on Pachama's platform.

EU carbon prices surged by nearly 7% to a one-month high on Monday, tracking wider financial markets higher on positive news surrounding the race for a COVID-19 vaccine.

Rabobank is looking for a Senior Manager, Climate Risk to join its Enterprise Risk Management Team on a full-time permanent basis and will be responsible for embedding climate change risk within Rabobank Region Australia, New Zealand.

This is a position within a small dedicated team to lead audits and investigations to verify compliance with the ETS requirements.

NZ MPI has two fixed term opportunities for Operations Analysts to join our Climate Change Operations team and support the forestry aspects of the New Zealand Emissions Trading Scheme (ETS) and the Permanent Forest Sink Initiative (PFSI).

Independent MP Zali Steggall on Monday was set to introduce a bill that would commit Australia to net zero emissions by 2050 just as international focus on the nation’s climate policy is increasing after Joe Biden’s election win.

Three EU member states will generate 90% of the bloc’s total coal power output by the end of the decade, which risks the bloc missing its proposed emissions reduction target of 55% below 1990 levels, a report released Monday found.

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

Both compliance and financial entities added to their California Carbon Allowance (CCA) positions this week as prices decreased on the secondary market and the state's interim true-up deadline passed, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

The Pennsylvania Environmental Quality Board (EQB) on Friday released its RGGI-aligned cap-and-trade regulation for public comment, as Governor Tom Wolf (D) seeks to make the Keystone State the newest member of the Northeast US carbon market in 2022.