Carbon Pulse

*PREMIUM LISTING – As part of the Carbon Offset & Green Energy Services (COGES) team, you will be responsible for screening, planning, developing and managing GHG emission reductions projects. You will have a strong background and focus on nature-based solutions, carbon capture, utilisation and storage (CCUS) projects and community-based projects and methodologies.

The Carbon Trading Manager is a subject matter expert in the European carbon (EUTS), RED 2 (renewable energy directive) and the US carbon market. They will manage, build and run proprietary paper trading books in Europe (EUTS), US (California, RGGI) and future newly created markets (China).

US-based carbon offset developer ClimeCo has acquired a women-owned ESG consultancy, it announced Thursday.

The Value Chain Carbon Manager will serve as a subject matter expert in carbon related measurements / developments.  In close cooperation with all platforms they will collect, identify, evaluate information required to assess projects and their potential contribution to the achievement of carbon related targets (SBTI, scope 1-3).

Papua New Guinea on Thursday became the second nation to join Australia’s Indo-Pacific Carbon Offset Scheme (IPCOS), which will primarily deliver credits to private-sector voluntary buyers.

Day 4 of COP26 in Glasgow is energy day, while delegates continue technical negotiations on all issues in closed sessions.

China’s National Development and Reform Commission (NDRC) has ordered most coal-fired power plants to improve their coal-burning efficiency, a move that could further increase the oversupply of allowances in the ETS unless the environment ministry adopts similar adjustments to the CO2 allocation benchmark.

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

The first ever physically-backed, exchange-traded carbon investment vehicle will launch on the London Stock Exchange on Thursday.

UN climate envoy Mark Carney insisted carbon credits could play a role in corporate climate action on Wednesday, despite protestors disrupting a COP side event seeking to establish credible offsetting practices and denouncing commitments set out by a coalition of hundreds of banks.

The UK government will auction 80.5 million carbon allowances under its emissions trading system next year, marking an almost 4% drop from this year’s volumes, sale hosts ICE said late Wednesday.

As many as 52% of the carbon credits generated by Indian wind farms under the Kyoto Protocol came from projects that would likely have gone ahead even without carbon finance, said a study released Wednesday.

RGGI Allowance (RGA) prices see-sawed wildly on Wednesday morning after Virginia Republicans were projected to take control of both the governor’s office and House of Delegates in Tuesday’s election, though it remains uncertain whether the GOP could try to exit the regional cap-and-trade programme without Senate control.

Several developing countries have taken aim at the plethora of public and private net zero plans that rely on new technologies in the future to produce negative emissions while continuing to emit today.

EUAs climbed on Wednesday to test a major price level for the fifth time in the last fortnight, while energy prices also built on Tuesday's recovery.

With heads of state now largely gone, day 3 of COP26 in Glasgow turns its attention to finance while officials get busy in closed-session technical negotiations.

Estimates that the global voluntary carbon market could be worth $100-180 billion in 2030 are overly optimistic, with actual volumes and prices likely to stay well below the forecasts made by the private-sector Taskforce on Scaling Voluntary Carbon Markets (TSVCM), a report said on Wednesday.

The Asian Development Bank (ADB) launched at COP26 in Glasgow on Wednesday a partnership with Indonesia and the Philippines to help wean the two key Southeast Asian economies from their reliance on coal-fired power.

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

Power sector emissions under Massachusetts’ Global Warming Solutions Act (GWSA) cap-and-trade programme receded during the third quarter of the year, though CO2 output was still on track to exceed the in-state carbon market’s adjusted 2021 allowance budget.