Carbon Pulse

We are seeking an additional senior lawyer to support bp trading & shipping (T&S) in respect of its international low carbon trading business!

Verra’s Program Team is looking for a Program Manager, Technological and Industrial Solutions to support our work to foster climate impact and generate related environmental and social benefits through the VCS Program. In the context of this position, technological and industrial solutions encompasses all sectors other than the Natural Climate Solutions sector.

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

The Senior Project Coordinator will be responsible for assuming the responsibilities associated to both collaborator and project manager (PM) roles that include but are not limited to delivering all milestones proposed for any specific REDD+, ARR, ALM, WRC or other land-use projects, and collaborate when necessary with other members of the AFOLU team.

To reinforce our team, we are seeking an experienced sourcing manager, who can help us expand our reach across geographies and different project methodologies under the Emissions Reduction/Climate Solutions Fund (ERF/CSF), as well under voluntary standards.

A British Columbia First Nations group and two liquefied natural gas (LNG) firms on Monday announced a proposal to build a 12 million-tonne-per-year export facility, and are aiming to use carbon offsets as one of several strategies to counteract its emissions. 

The Canadian government on Monday announced an investment to develop a carbon offset system for grasslands, with several thousand tonnes of credits expected from these projects.

CORSIA-grade offset values on the voluntary carbon market (VCM) stretched all-time highs this week, while an analyst said yearly demand for voluntary emissions reductions (VERs) could eventually top out near the 2 billion-tonne mark.

EUAs reversed early gains on Monday as prices tracked a general sell-off in oil and other asset classes, where investors fled markets exposed to rising COVID infection rates.

The European Commission is launching consultations on its ‘Fit for 55’ legislative proposals, in another feedback round that could influence the co-decision process among EU decision-makers.

Chevron is in discussions with the WA government on how to make up for having missed the carbon capture and storage target at its Gorgon LNG facility, it said Monday, potentially having to buy several million carbon credits in compensation.

Severe floods have impacted German hydropower stations and a lignite mine and power plant, utility RWE announced Saturday.

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

Investors are seen as bigger buyers of EU carbon allowances than Europe's heavy industries over the coming months and years because utilities are rapidly decarbonising and industrials lack financial clout or are cushioned by ongoing free allocation, a conference heard on Friday.

Regulated entities boosted their California Carbon Allowance (CCA) length for the first time in 10 weeks over the most recent five-day stretch, while speculators kept their positions nearly unchanged, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

Sweden is inviting carbon-cutting cutting projects in the Dominican Republic to bid to be the first initiatives that could ultimately deliver Paris Agreement-era carbon credits to the Nordic country.

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 North Carolina.

UK carbon prices have fallen to an “unexpected” discount to EU Allowances as utilities have held back from swapping EUAs for UKAs and investors have mostly stayed on the sidelines, according to a panel of experts.

EUAs remained firmly entrenched in a range either side of €53.00 as the week neared its end, while UKAs continued to recover from their record low.

Modifying the supply-managing Market Stability Reserve (MSR) of the EU ETS to maintain its current ambition level will be a separate, "quicker" process to the legislation of the European Commission’s larger ‘Fit for 55’ climate package, a senior EU official said Friday.