Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 30 min 13 sec ago
Saudi Arabia tendering for 7.2 GW of gas power with CCS addition
Saudi Arabia is tendering for 7.2 gigawatts of power to build four gas-fired power plants across two sites, which according to reports use carbon capture and storage (CCS) to offset CO2 emissions.
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Controversial Malaysian forest carbon credit project only held back by ‘technical’ issues -minister
Sabah state of Malaysia will press ahead with one of its most controversial carbon projects, an official has confirmed, blaming technical issues for the delay in the project launch.
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CP Daily: Wednesday January 3, 2024
A daily summary of our news plus bite-sized updates from around the world.
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Blue Carbon Consultant, GAIT – Hyderabad
GAIT is searching for a highly proficient and seasoned Blue Carbon Consultant to assume a pivotal role within its Blue Carbon team, contributing significantly to the evolution of methodologies for Blue Carbon systems.
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First credits on US livestock carbon insetting marketplace sell for upwards of $30/tonne
A new US-based livestock carbon insetting marketplace has announced its first sale, with the credits generated and transacted within the sector’s supply chain.
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WCI market observers question ARB modelling after Nov. 16 cap-and-trade workshop
Over 25 commenters offered input on proposed amendments to the joint California-Quebec cap-and-trade programme following a November public rulemaking workshop, as multiple observers called for an updated price modelling but provided varied recommendations for adjustments to the scheme.
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US project finance firm invests $5 mln in startup biochar production facility
An infrastructure capital provider announced on Wednesday a $5 million investment towards the development and scaling of a new biochar facility expected to begin production as early as the first quarter of 2024.
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Decarbonisation to drive heavy industry relocation -survey
Chemical and steel companies expect to relocate their facilities over the coming decades as part of adapting to decarbonisation, a survey conducted last year revealed.
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Carbon standard bursts onto the REDD+ market with bumper issuance
A carbon standard has had a busy festive season with significant issuances from REDD+ projects in the last week, amounting to about 15% of its total credit issuance so far.
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Czech ministries wrangle over ETS cash as EU nations face spending changes
Czech government ministries are at odds over how their carbon market revenue is to be spent, delaying passage of ETS reforms into national law that are likely to trigger a step-up in spending among all EU nations.
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INTERVIEW: AI technology helps map out the underground to get grids online faster
The ongoing challenge of rolling out power grids to keep up with the increase in renewable energy capacity is being tackled head on by a provider of artificial intelligence (AI) technology that maps out the underground environment, working with companies worldwide to speed the shift to clean electrification.
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Researchers pitch global targets for wetlands conservation
Chinese researchers have pitched global targets for wetlands conservation that could inform national biodiversity strategies in a bid to address their absence.
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Euro Markets: Midday Update
European carbon prices clawed back some of Tuesday's 5.5% drop in early trade on Wednesday as forecasts pointed to lower temperatures and reduced wind generation in the coming days, while energy prices also rallied.
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Breakthrough in synthetic biology can capture ten times more CO2 than natural solutions, report says
A research centre in Germany says it has found a new and novel way to trap CO2 via ‘synthetic biology’ that is far more effective than nature-based solutions.
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UK asset manager signs deal to expand voluntary carbon in North Macedonia
A London-based carbon asset manager has signed a memorandum of understanding with the Republic of North Macedonia to develop voluntary carbon market activities in the country, they announced Wednesday.
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Carbon Policy Officer, BURN Manufacturing – Nairobi, Kenya
BURN seeks a Carbon Policy Officer to support our carbon market activities under Article 6 of the Paris Agreement. This will analyse policy developments in our current and expansion markets and support our applications to buyers in the Global North.
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Carbon Integrity Officer, BURN Manufacturing – Nairobi, Kenya
BURN is seeking a Carbon Integrity Officer to support our cookstove carbon projects. This role will combine strategic thinking with analysis of carbon project monitoring and evaluation.
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Carbon Policy Analyst, BURN Manufacturing – Nairobi, Kenya
The Carbon Policy Analyst will play a pivotal role in shaping and executing our organization's strategies related to carbon policy on a regional scale.
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China, Egypt agree early stage work for 10GW solar farm
China will help Egypt build a gigawatt-scale solar farm as the North African nation works to progress its goal for renewable energy to make up 42% of electricity by 2030 and cut millions of tonnes of CO2, underpinned by private sector investment.
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CP Daily: Tuesday January 2, 2024
A daily summary of our news plus bite-sized updates from around the world.
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