Carbon Pulse

Switzerland’s bilateral emissions trading deals under the Paris Agreement’s Article 6 can provide a lower-risk framework for the voluntary market to develop carbon-cutting projects, the Swiss government said on Thursday.

Verra’s Program Team is looking for a Senior Manager, Program Development to support our work to foster climate impact and generate related environmental and social benefits through the VCS Program.

Verra is looking for Senior Program Officers and Program Officers to help ensure the growth and maturation of environmental and social markets, with a particular focus on carbon markets, in a manner that fosters trust and confidence.

The Architecture for REDD+ Transactions (ART) programme finalised the new version of its deforestation reduction standard on Thursday, setting out new methods for recognising and crediting high-forest, low-deforestation (HFLD) jurisdictions, Indigenous territories, and emissions removals.

A senior staffer at green group Environmental Defense Fund (EDF) has been named to the California Independent Emissions Market Advisory Committee (IEMAC), Carbon Pulse has learned.

Australian carbon credits hit another record high secondary market spot price in Thursday trade as the mix of persistent demand and limited available supply continues to fuel the bull run that’s lasted since the beginning of the year.

EUA prices fell to their lowest in more than two weeks early on Thursday, tracking widespread losses across the energy complex as Russian gas producer Gazprom was reported saying that it would begin shipping through the new Nord Stream 2 pipeline this year.

Sweden is inviting carbon-cutting projects in Ghana to bid to deliver Paris Agreement-era carbon credits to the Nordic nation, the country’s second such call.

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A second member of a gang of Oxbridge-educated forest carbon investment fraudsters has been handed another decade in a British jail for failing to repay £10 million in ill-gotten gains.

Nova Scotia Progressive Conservative Leader Tim Houston saw his party win an unexpected majority government in Tuesday’s election, rendering uncertain the future of the Canadian province’s cap-and-trade programme.  

WCI carbon traders anticipate the August current vintage auction on Wednesday will settle below the secondary market, with some participants expecting a steeper discount than the Q2 sale despite allowance prices surging over the summer.

Australia’s carbon offset market was worth A$226 million ($164 mln) in FY2020-21, according to analysts Reputex, as pressure on major corporations to set net zero emission targets helped add 20% to total demand year-on-year.

Carbon was moderately firmer in early Wednesday trading on the back of a strong daily auction, while most European energy markets recovered from Tuesday's declines.

Trading company Itochu on Wednesday announced it will develop Japan’s first mangrove project in a boost for the country’s fledgling blue carbon market.

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Commodity trading house Glencore has hired a veteran environmental products expert in London to help build its growing global carbon trading business, which includes new hires in Asia.

Quebec’s environment ministry (MELCC) is working to develop a draft later this year to expand the agency's existing livestock protocol, with the announcement coming amid a flurry of activity from the Canadian province on new and proposed compliance offset methodologies.

US biofuel credit (RIN) values have remained rangebound over much of August on a lack of drivers and as market participants await the release of this year’s biofuel quotas under the Renewable Fuel Standard (RFS).

Finnish energy company Fortum is on track to meet its own climate targets after striking a deal to sell coal assets, the company said in results on Tuesday despite reporting a major rise in emissions.