Carbon Pulse

UN aviation body ICAO has struck a deal with a non-profit carbon markets data service to provide regular analysis on the CORSIA offsetting market in an effort to support its airline members.

German exchange EEX has begun the process of registering participants in the country’s domestic emissions trading system for transport and buildings (nEHS), the Leipzig-based bourse said on Tuesday.

Carbon built on the previous session's gains on Tuesday as energy prices recovered from early losses, amid a decline in trading activity as the holiday season reached its peak.

The Nature Conservancy is working on a coastal wetlands restoration project in South Australia that could be among the first in the country to earn offsets once the government finalises a method for blue carbon projects.

New Zealand carbon allowances carved out a new record high in Tuesday trade, as limited available supply and healthy demand look set to fuel a new push towards the NZ$50 cost containment reserve trigger.

China’s Sichuan province aims to increase its forest and grassland coverage to 2 million hectares by 2025 by generating carbon offsets for voluntary buyers at home and abroad, according to an action plan published this week.

Offset developer Corporate Carbon has hired an Australian energy market veteran to drive the development of a pilot direct air capture (DAC) project.

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

Governments and companies are relying too heavily on nature offsets, distracting from urgent emissions reductions and risking global food security, according to a report published Tuesday by development charity Oxfam.

Tighter supply balances could help EU carbon prices climb above €100 by 2025, analysts said, but ahead of that the market faces some near-term headwinds.

Reporting to the National Operations Manager, this is a key role within the organisation which is responsible for the management of AgriProve's portfolio of soil carbon projects under the Emissions Reduction Fund (ERF) in the region. 

Voluntary emissions reduction (VER) prices across multiple product categories in the voluntary carbon market (VCM) extended record highs this week, as CME Group’s nature-based carbon offset futures contract transacted for the first time on Monday.

Targray is building a new Carbon Credits Trading desk, and is looking for Carbon Credits Traders:  A head trader, and individual or teams of traders, including sales traders. 

Israel will from 2023 introduce a carbon tax that the government said will be the “cornerstone” of the country’s new climate action plan.

California power consumption climbed throughout July as the Golden State experienced continued hot weather, while grid operator California Independent System Operator (CAISO) reported much higher Q2 emissions this year due to an increase in carbon-emitting sources.

The UK government has set the trigger price for the UK ETS Cost Containment Mechanism for the period from August to October at its highest level to date, raising the likelihood that no additional allowances would come into the market before the end of the year.

The Ukrainian government agreed on Friday the country’s upgraded nationally-determined countribution (NDC) to the Paris Agreement, although its new 2030 climate objective is already well within reach.

Emissions regulated under Massachusetts’ Global Warming Solutions Act (GWSA) cap-and-trade programme soared for the second consecutive quarter as the removal of coronavirus restrictions led to an uptick in power demand, according to data.

Rupert Murdoch-controlled media company News Corp announced Monday it will acquire commodity price reporting agency Oil Price Information Service (OPIS), as the media giant aims to incorporate news on carbon credits and the global energy transition into its intelligence offerings.

EUAs kicked off August on a strong note on Monday morning, climbing to their highest in more than two weeks as the energy complex continued to gain ground.