Carbon Pulse

Voluntary emissions reductions (VERs) eligible for the international aviation offset system CORSIA reached record highs this week, as traders maintained that a months-long trend of demand outpacing supply was providing support in the voluntary carbon market (VCM).  

US biofuel credit (RIN) values notched yet another all-time record on Monday, with Renewable Fuel Standard (RFS) market participants pointing to a continued acceleration in soybean oil and corn prices with no end in sight.

Connecticut will not participate in the Transportation and Climate Initiative Programme (TCI-P) after the legislature failed to authorise the proposed fuel sector cap-and-trade scheme, leaving the initiative with three jurisdictions.

Heat waves and booming industrial production are expected to cause power shortages in a number of Chinese provinces this summer, putting the nation’s emissions trading scheme to an early test of whether it is able to control spikes in greenhouse gas emissions.

World Resources Institute China Climate & Energy Program is seeking an economist to work on China’s climate policy towards 2050 and its associated economic transition, at both national and subnational levels.

The purpose of this role is to support the growth of the Carbon Trust’s activities and impact in China, especially with our corporate clients. 

Low Carbon Trading (LCT) Portfolio Project Manager will be an integral part of the LCT Centre of Excellence (CoE) and the Trading & Shipping (T&S) organisation.

Shell is hiring a Technical Manager to play a leadership role in the technical and environmental assessment and maturation of opportunities in the region and to work with other leaders in the global NBS team to ensure the development of a balanced portfolio that is robust from economic environmental and societal perspectives.

Exchange operator ICE halted its EU carbon trading early Monday amid "technical issues" linked to the migration of the contracts from to its Endex platform from its London-based hub.

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

Speculators' California Carbon Allowance (CCA) positions surged for the third consecutive week as the group took out a larger position on the current vintage contract, while compliance entities’ short position grew over the period, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

Voluntary emissions reduction (VER) prices must surge tenfold this decade to drive meaningful climate action, otherwise buyers risk being accused of greenwashing by purchasing carbon offsets too cheap to deliver genuine GHG cuts, according to research published 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 California and Illinois.

A California public utility has requested approval under the Low Carbon Fuel Standard (LCFS) for a dairy digester formerly registered under the state’s compliance offset programme, according to documents published Thursday.

The Q2 RGGI auction settled at a slight premium to the secondary market, as the clearing price and healthy compliance buying aligned with market participants' predictions prior to the sale, according to results published Friday.

EUAs slipped below €50 on Friday as the previous session's technical breakout continued to encourage selling, though much of the market remains bullish, with many eyeing a rapid recovery.

Organization: European Climate Foundation (ECF) Position: Deputy Director, Thematic Strategy Duty Station: anywhere with a reliable internet connection and in which you have the right to work Deadline for Application: until suitable applicant is found

Organization: Climate Alliance Position: Policy Coordinator Duty Station: Brussels, Belgium Deadline for Application: 18 June 2021

The Foundation for European Progressive Studies is currently looking for a Policy Analyst in the field of climate and environment.

Moscow Exchange and Russia’s second-largest bank VTB signed an agreement to develop a carbon marketplace, the two companies announced on Thursday.