Carbon Pulse

African offset developer Aera Group has struck a €9 million deal to sell offsets from an efficient cookstove programme in Burundi over five years.

The Q3 RGGI auction cleared within market expectations as it settled above the secondary market, with compliance entities procuring their smallest sale share since the Q1 2021, according to results released Friday.

A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including developments in Illinois and California.

Allowance prices in China’s national emissions trading scheme fell another 6% over the Sep. 3-9 period, with volumes dropping to near zero as frustrated market participants were left waiting for financials to be brought in.

Chevron has agreed on a framework to acquire an equity stake in the Advanced Clean Energy Storage (ACES) project, the US major has announced.

Australian carbon credits rose to all-time highs in a flurry of trades on Friday afternoon, as steady demand from Safeguard Mechanism entities and voluntary buyers soaked up supply.

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

President Joe Biden (D) nominated a Washington DC utility regulator to the vacant position on the Federal Energy Regulatory Commission (FERC) on Thursday, whose confirmation would give Democrats a majority in the federal agency that could help to advance climate change initiatives.

California Carbon Allowance (CCA) rose week-on-week after seeing another volatile stretch, while RGGI allowances (RGAs) increased ahead of the Q3 auction that participants anticipate will settle at or above secondary market levels.

A new fintech company has introduced a feature on its 'green' investment app that allows users to offset the carbon emissions of their holdings.

EU carbon nudged higher on Thursday along with the wider energy complex, with near-term power and gas prices extending their record highs.

You will be responsible for sourcing, screening, planning and managing GHG removal and reduction offsetting projects in close collaboration with Abatable’s co-founders to ensure effective delivery of projects to the corporates we work with.

As a fast-growing organization, we are currently looking for a Portfolio and Partnerships Manager within the Nature Based Solutions Business Unit. This role will focus on sourcing high quality carbon offsets and identifying new project development opportunities, in addition to the management and execution of the various responsibilities. 

The Korea Exchange on Thursday recorded its first transaction of carbon credits sourced from projects abroad, signalling the entry of a new source of supply from an emissions market already battling overallocation.

AFF is seeking a mission driven business development professional to help scale the FFCP market development operations.

Responsible for advising on and supporting the implementation of AIIB’s Energy Sector Strategy, building AIIB’s knowledge and thought leadership on the sector, providing periodic analysis on sector trends and opportunities and promoting partnerships with key stakeholders and partners to generate investment opportunities.

The Forum is seeking to hire a Head of Carbon Neutrality to lead the Carbon Neutrality China Programme.

A proposed new European carbon market for buildings and transport could hit the poorest the hardest, MEPs said in a hearing on Thursday, with several calling for a faster phaseout of free EU carbon allocations for industry and airlines under the bloc's main ETS.

Australian Carbon Credit Units (ACCUs) held in the national registry increased by almost 25% in the three months to June, as quarterly issuance levels rose to record highs, outstripping demand, the Clean Energy Regulator said Thursday.

An influential environmental advisory body has become the latest to call on China to put an absolute cap on CO2 emissions under its carbon trading scheme.