Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 37 min ago
Shell increases oil and gas production, renewable power output in 2023 as profits plunge
Shell on Thursday released its quarterly report for the three months to the end of December, showing it had increased renewable power output for the year, as well as a marginal boost to oil and gas production, as overall profits slumped 30% on weaker fossil fuel prices.
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Market Insights Analyst, Respira International – London
This exciting new role, positioned at the heart of the business, will be responsible for identifying meaningful trends and opportunities across the business: From the diverse datasets and platforms related to carbon projects, to carbon (and biodiversity) market trends and the broader financial markets.
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Senior Account Executive, BeZero – London
BeZero has an exciting opening for an energetic Senior EMEA Account Executive to drive sales growth with prospective customers and generating additional business within existing accounts. We seek for a hunter profile with polished sales & pipeline management, incl. closing skills.
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Communications Manager, Respira International – London
Respira is seeking an experienced and dynamic Communications Manager to join our dedicated team. The ideal candidate will have 5-7 years of experience in communications, public relations and marketing, with a proven track record of managing successful communication strategies and campaigns. A
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Senior Manager/Director, Carbon Market Partnerships, Mast Reforestation – Remote (US)
Mast Reforestation is hiring a Senior Manager/Director of Carbon Market Partnerships to manage the origination, negotiation, and partnership contracting with corporate carbon buyers seeking to purchase the carbon removal credits generated by Mast’s wildfire reforestation projects. The role will report to the Senior Director of Carbon Market Partnerships.
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Australian developer to design NRM methodology for wildlife sanctuaries
A project developer is planning to draw up a methodology for wildlife sanctuaries under Australia’s Nature Repair Market, hoping to earn voluntary biodiversity credits to fund the protection of rare and threatened species.
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Chemicals giant to promote low-carbon rice farming practices in Asia
A German chemicals giant will work with a Philippines-based research institute to help popularise the adoption of climate-friendly rice farming practices in Asia.
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Wetlands in Australian state worth billions in ecosystem services beyond sequestration value, report finds
A study out of Western Australia has attempted to place a monetary value on two water-based ecosystems to better understand their myriad values to the environment and as sources of carbon sequestration.
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NZ govt’s fast-tracked development approval plans alarm environmental groups
A proposal by the New Zealand government to create a fast-track ministerial approval process for infrastructure and development projects deemed significant has been declared “a war” on the country’s natural world by environmental groups.
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New Zealand ministry urges new govt to make decision on ITMO arrangements, as Shaw proposes ETS bill
A ministerial briefing to the incoming New Zealand government has warned that it will have to make key decisions around how to meet its international climate targets, including whether to prioritise domestic emissions reductions or rely on purchasing carbon credits offshore.
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CP Daily: Wednesday January 31, 2024
A daily summary of our news plus bite-sized updates from around the world.
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RGGI emissions lower YoY in Q4, but not as much as prior quarters
The US Northeast and Mid-Atlantic RGGI power sector cap-and-trade system saw year-over-year (YoY) declines in CO2 emissions in Q4 decelerate drastically compared to previous quarters in 2023, programme data showed Wednesday.
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California LCFS prices reel from record high quarterly net surplus build in Q3
California Low Carbon Fuel Standard (LCFS) net credits hit a new record in the third quarter of 2023, coasting north of 2.2 million tonnes, with both total quarterly credits and deficits hitting new highs in programme history, according to state data published Wednesday, which sent secondary market prices lower on the day.
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Nature-Based Solutions Analyst, Respira – London
This exciting new role, positioned at the heart of Respira’s business, will be responsible for analysing, summarising and performing due diligence on Respira’s nature-based solutions investments. They will be a source of ongoing technical expertise for both Respira’s existing portfolio of projects, and the new projects being considered for investment.
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John Podesta to succeed John Kerry as US climate envoy
The present senior advisor on clean energy innovation and implementation at the White House, John Podesta, will assume the role of senior advisor to the President for international climate policy following John Kerry's departure, the Washington Post reported Wednesday.
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Voluntary market sees positive outlook for prices, some NBS though excess credits remain -analysts
The voluntary carbon market (VCM) is experiencing increasing demand and will see a recovery in prices, including for some nature-based credits, although it still faces excess supply, limited alignment with integrity-boosting initiatives, and larger pools of older vintage units.
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Canadian carbon credit company signs MoU with algae, seaweed sequestration provider
A Saskatchewan-based carbon credit origination and streaming company announced Wednesday the signing of a Memorandum of Understanding (MoU) with a company specialising in biosynthetic algae and seaweed carbon sequestration services for the generation of credits from the enhancement of agricultural soil.
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German nature agency concerned about biodiversity regulation
The German government’s nature department would like to see regulation on biodiversity progress so that the financial sector is better equipped to tackle the emerging crisis.
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More than 65 countries sign up to global cooling pledge launched last month
More than 65 countries are now signed up to the Global Cooling Pledge that launched at COP28 last month, but more research is needed to turbo-charge the delivery of cooling plans, advisors to the UK government, one of the initial signatories of the pledge, said on Wednesday.
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Drax powers up US BECCs ambition with woody biomass deal
UK power company Drax Group has secured an option with Molpus Woodlands Group (Molpus) to buy up to 1 million tonnes of sustainably sourced woody biomass a year to fuel its bioenergy with carbon capture and storage (BECCS) operations in Southeastern US.
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