Carbon Pulse

Chevron is currently seeking a Carbon Market Analyst to join our London trading team to support Chevron’s energy transition/lower carbon strategies.

*PREMIUM LISTING – Reporting to the Director of Development, the Senior Development Officer – Government and Multilateral Agencies works closely with program teams to support the impact and growth of Gold Standard programs through grant funding from government and multilateral donors.

*PREMIUM LISTING – Reporting to the Director of Development, the Senior Development Officer – Foundations and Corporations works closely with program teams to support the impact and growth of Gold Standard programs through grant funding from foundation and corporate donors.

Emitters in the WCI-linked cap-and-trade programme increased their California Carbon Allowance (CCA) short position as prices retraced this week, while financial entities saw varied results between the futures-only and futures and options markets, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

The role will focus on providing support for TFS’ Green desk, which covers Australian and international renewable energy, energy efficiency, and carbon markets.

EU downstream manufacturers fear their exclusion from the EU’s carbon border adjustment mechanism (CBAM) will lead to their customers switching to foreign-made products, as officials deem them not currently worth the effort.

EUAs consolidated the previous session's late gains on Friday while near-term gas and power prices weakened, despite ongoing concerns about demand destruction in the wake of rising energy costs.

Germany's potential ‘traffic-light’ coalition has agreed on key policy issues as part of their efforts to form a government, including a coal exit by 2030, Reuters reported on Friday, citing a draft document.

Australia’s plans to launch a new industrial carbon crediting scheme next year will likely fail to drive significant emissions cuts unless the government introduces regulations that will make someone want to buy the units, several groups have pointed out.

The Chinese Carbon Emissions Allowance (CEA) price rebounded this week and trading volumes again beat the lows from mid-September, while domestic offset prices remain rangebound.

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

Soaring energy prices are pinching pocketbooks on both sides of the Atlantic, but the EU may be better equipped at softening the blow because of its carbon pricing system, a panel heard Thursday.

The fate of the CDM is again on the agenda for negotiators headed to Glasgow for COP26 UN climate talks next month, and the uncertain outcome is creating angst among Korean investors that have spent big developing offset projects while some make back-up plans to switch to the voluntary carbon market.

Budapest-headquartered environmental brokerage Vertis has launched a new voluntary carbon markets brand to serve this fast growing segment, it announced Thursday.

RGGI Allowances (RGAs) climbed to new all-time highs again this week on reported steady compliance buying and options activity, while California Carbon Allowances (CCAs) bounced back from their sell-off linked to global energy and EU carbon prices.

GGGI is seeking an expert consultant for its global carbon finance project “Designing Article 6 Policy Approaches” in Rabat, Morocco.

GGGI is seeking an expert consultant for its global carbon finance project “Designing Article 6 Policy Approaches” in Indonesia

Several EU countries are overachieving in their national climate strategies, green groups and analysts said Thursday in findings that suggest the bloc could feasibly raise its 2030 emissions target again to help meet global warming goals.

A Brazilian business organisation is urging the government to give up its opposition to fully applying corresponding adjustments on exported carbon credits, potentially easing the path to a deal on the Paris Agreement’s Article 6 rulebook next month.

EUAs remained relatively calm early on Thursday, trading in little more than a €1 range amid mixed technical and fundamental signals, while key energy prices advanced for a fourth day.