Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 39 min ago
*Head of Research and Innovations, SustainCERT – Luxembourg/Amsterdam/Switzerland/Elsewhere
*PREMIUM LISTING – Reporting to the Chief Executive Officer, the Head of Research and Innovations will own SustainCERT’s ambitious product development roadmap and advisory services activities in close collaboration with the Head of Technology, the Head of Certification and the Head of Commercial.
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Scope change, shift to wider baselines required for credibility of voluntary carbon market -think-tank
Moves to scale up the global voluntary carbon market (VCM) would benefit from a shift away from small initiatives and project-level crediting towards corporate-wide abatement efforts and sector- or industry-wide baselines.
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RFS Market: RIN prices dive on reports of biofuel quota leak
US biofuel credit (RIN) values dropped on Thursday as traders said some Renewable Fuel Standard (RFS) participants may have obtained the preliminary 2021-22 biofuel quotas.
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Finland’s government to ease path for voluntary offsetting, ETS plans on hold
Finland’s government on Thursday moved to exempt voluntary offset trade from a law that restricted the practice to charities, a move expected to boost corporate buying and potentially spurring further requirements for corresponding adjustments for domestic carbon-cutting projects.
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Following recent trend, new speculative firm opens RGGI account
A new speculative trading firm opened a RGGI CO2 Allowance Tracking System (COATS) account on Thursday, with the new registration aligning with the recent trend of financial firms entering the Northeast carbon market.
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NA Markets: CCAs set fresh all-time high, as RGGI allowances notch own record following Q3 auction
California Carbon Allowances (CCAs) set a new record high this week as aggressive buying following the California recall election caused prices to surge, while RGGI Allowances (RGAs) found further support to hit their own all-time high after the Q3 auction result aligned to expectations.
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FEATURE: With Merkel’s departure, German election to usher in new era of climate policies
German Chancellor Angela Merkel is preparing to step aside following the country's Sep. 26 election, making room for a new era of climate policies, with the Green party platform the most detailed on meeting newly-raised domestic emissions targets and engaging at EU level.
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Internship, Climate Change & Carbon Markets, Hamerkop – London
Support consultancy assignments in the sectors related to natural ecosystems (e.g., agriculture, forestry, and environmental change) and energy (cooking and lighting energy).
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Junior Consultant, Climate Change & Carbon Markets, Hamerkop – London
Support consultancy assignments in the sectors related to natural ecosystems (e.g., agriculture, forestry, and environmental change) and energy (cooking and lighting energy).
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*Director, Climate Smart Solutions, Radicle – Canada
*PREMIUM LISTING – The Director is a senior-level position reporting directly into the President and will lead the high growth strategy and implementation for our proprietary Climate Smart Certification Software, and its evolution and integration with complementary products, programs, and advisory services.
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China flags tougher control of big-emitting projects
China will tighten control over major energy-consuming projects, wrestling some of the authority back from provincial governments, the country’s top economic planning agency said Thursday.
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Euro Markets: Midday Update
EUAs endured another volatile morning session as prices moved €1 either side of Wednesday's settlement, while participants speculated over whether more industrial plants will suspend operations with natural gas prices near record highs, cutting potential demand for EUAs.
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Taiwan’s CPC signs carbon neutral gas supply deal with industrial giant
Taiwan’s state-owned oil and gas company CPC Corporation has signed an agreement with a semi-conductor company TSMC for the supply of “carbon neutral” natural gas, the company announced on Thursday.
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China’s Chongqing launches carbon offset scheme
Southwest China’s Chongqing revealed the first batch of offset methodologies, and the credits can be used in the local compliance carbon market, as well as to claim carbon neutral for business operations and big events.
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Al Gore-backed data project finds oil and gas emissions may be double estimates
A new emissions data project has found that emissions from oil and gas production may be twice as high as previously thought, as new technology builds a more accurate picture of global GHG output.
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Greenpeace sounds greenwash alarm over Australian net zero claims
Two-thirds of big-emitting Australian companies with net zero or carbon neutral targets have failed to outline plans for phasing out coal use, relying instead on “dubious carbon offsets”, a Greenpeace report released Thursday found.
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CP Daily: Wednesday September 15, 2021
A daily summary of our news plus bite-sized updates from around the world.
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CORRELATIONS: EU carbon link to gas breaks down as winter coal burn locked in
European carbon’s correlation to gas prices is dissipating as EUAs have retreated in recent days despite the fuel continuing to rally to new-all-time highs, analysis by Carbon Pulse shows.
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Legislative timelines may push back Pennsylvania’s RGGI entrance in 2022
Legislative timelines may delay the Pennsylvania Department of Environmental Protection's (DEP) implementation of its RGGI-modelled cap-and-trade rule next year, with the outcome potentially causing the Keystone State to join later in 2022.
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Another California-registered offset project applies for LCFS pathway
An Idaho-based livestock project certified under California’s compliance offset market is the latest dairy digester to seek a transition to the Low Carbon Fuel Standard (LCFS) and supply renewable natural gas (RNG), according to documents posted by state regulator ARB on Tuesday.
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