Carbon Pulse

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

A former JP Morgan director’s London-based offset project developer and carbon advisory firm is being supported by a C$50 million capital raise.

Experts were downbeat on the statement made by Senator Sheldon Whitehouse (D) over the weekend that Congress is one vote away from a federal carbon price in the reconciliation bill, noting the significant roadblocks that remain for US climate policy.

California Low Carbon Fuel Standard (LCFS) credit prices could move towards the programme’s price cap in the coming years as greater competition for biofuel feedstocks exerts bullish pressure, analysts at a major investment bank said Friday.

Twelve North and Latin American national and sub-national governments on Monday signed a new declaration promising to boost their carbon pricing integration, rebooting an existing framework with smaller jurisdictions keen to learn more.

Standardised, exchange-traded voluntary emissions reductions (VERs) hurdled to fresh record highs once again this week, with evolving interest from speculators, crypto initiatives, and the ongoing COP26 UN climate talks seen as major drivers in the voluntary carbon market (VCM).

EU carbon prices edged higher on Monday as the wider energy complex rose amid a lack of anticipated additional supply from Russia.

Carbon trading at the newly established Guangzhou Futures Exchange looks likely to move forward after being endorsed by a group of major government agencies, though it remains unclear which units will be on offer.

The Asian Development Bank on Monday launched a new fund that will seek to drive climate action in the Asia-Pacific by sourcing carbon credits eligible under the Paris Agreement for investors.

Environmental products development firm IncubEx and energy trading platform Trayport on Monday announced the forthcoming launch of new voluntary emissions reduction (VER) marketplace, adding to the growing spate of initiatives aiming to facilitate voluntary carbon offset trade.

The Senior Analyst will help enable the team to provide high quality multi-disciplinary analysis and advisory that will relate largely to future business operations and business strategy.

The successful candidates for this role will contribute to the work being undertaken in Australia to accelerate development and commercialisation of low emission technologies, including hydrogen.

BES is after a highly experienced, passionate and connected individual to lead its biodiversity company into the carbon and biodiversity credit market.

Negotiators at COP26 in Glasgow enter the second week of the talks, with hopes of further progress as ministers get involved. We are tracking developments here.

The UK is following the EU’s lead and is considering a carbon border adjustment mechanism to protect industry from carbon leakage, the country’s environment secretary said Sunday.

The first week of negotiations over Article 6 rules to govern international emissions trade under the Paris Agreement ended on Saturday without agreement, leaving ministers with unwieldy documents to work on when they convene at COP26 in Glasgow on Monday.

The new Integrity Council for the Voluntary Carbon Markets (IC-VCM) is focused on advancing its role as a governing body for the entire voluntary marketplace, but is also open to working with jurisdictions and organisations that operate compliance markets, senior IC-VCM officials said in Glasgow in Friday. A Carbon Pulse subscription is required to read […]

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

Germany’s domestic carbon price should be at least doubled from 2022 as the country’s transport emissions are “heading in the wrong direction”, the German environment agency’s boss has said.

US climate envoy and COP veteran John Kerry gave assurances on Friday that the wave of climate commitments announced during the first week at the Glasgow UN conference will result in “real money being put on the table” and allow for concrete action to avoid catastrophic climate change.