Carbon Pulse

The EU on Tuesday unveiled a framework to support the issuance of €250 million in green bonds to help fund its post-pandemic recovery, including “green” criteria for member state spending of the proceeds.

California Carbon Allowance (CCA) prices surged towards all-time highs Tuesday morning before retracing towards the previous day’s settlement, as participants said financial firms could be deploying additional capital after the quarterly sale.

New Zealand carbon allowances on Tuesday reached a record high for the tenth successive session, as last week’s bumper auction and patchy supply continue to fuel the market’s latest bull run.

China launched a pilot market for green power trading on Tuesday that some observers say might put the squeeze on offset-generating renewable projects.

Australia-headquartered New Forests and the Alberta Investment Management Corp. (AIMCo) will assess soil carbon opportunities after agreeing to purchase a 90,000-hectare agricultural land estate from Macquarie Asset Management.

IFM Investors, one of the world’s biggest infrastructure investor firms, has set an interim 2030 emissions reduction target of 40% for its infrastructure asset class, the company announced Tuesday.

South Korea on Tuesday released an administrative notice that will give financial institutions limited access to trading CO2 allowances, perhaps as early as next month.

Oil and gas firm Woodside has agreed with project developer Greening Australia to more than triple the land area on which they plant trees to generate carbon offsets.

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

The EU has missed a crucial opportunity to include coal mine methane under its proposed carbon border adjustment mechanism (CBAM).

Leading shipping associations have proposed creating a global levy on emissions from ships, seeking a level playing field as the EU advances its plans to regulate the sector’s climate impact.

CORSIA-eligible credit prices have exceeded their nature-based counterparts as prices hit fresh records in the past week, as the investors seen fuelling the rises judge the units to be a safer bet.

EU lawmakers are jostling to gain control of the European Parliament’s scrutiny of the mammoth ‘Fit for 55’ climate package, with the centre-right EPP political group set to steer the main EU ETS reform elements.

EUA prices surged to yet another record early on Monday while gas and power also reached new all-time highs, as speculation over gas flows from Russia continued to dominate the European energy complex.

Policy Exchange is seeking a full-time Research Fellow in its award-winning Energy & Environment Unit. You will focus on environment policy, but you will also work on energy policy and with other teams within Policy Exchange.

Construction heir Jo Bamford has joined forces with asset management firm Vedra Partners to launch a hydrogen investment fund aiming to raise as much as £1 billion, it was announced Monday.

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