Carbon Pulse

ICE is introducing Trade at Settlement (TAS) capability for some California Carbon Allowances (CCA) futures starting December, the exchange announced Wednesday.

A Canadian province announced funding for a carbon removal mineralisation company, allowing the world's first CO2-to-rock project at an active mine to go ahead in Australia on Wednesday.

Canada's priorities for negotiations at COP28 in Dubai will include finalising a loss and damages fund, encouraging a strong response to the Global Stocktake, and pushing for a coal phase out, but representatives won't comment on the country's planned oil and gas emissions limit until Friday.

The Washington State Department of Ecology (ECY) on Monday published a draft cap-and-trade bill that incorporates amendments to facilitate linkage between the state's carbon market with the broader California-Quebec scheme, as well as other tweaks to the Climate Commitment Act (CCA).

A shortfall in the supply of carbon credits eligible for cancellation against South Africa’s domestic carbon tax is likely to continue into the 2040s, but could be alleviated by expanding the market to the wider region, according to a report published by a consultancy.

This Associate Scientist position, housed in Conservation International’s (CI) Moore Center for Science, will lead methodological development technical analysis, stakeholder engagement, and project coordination associated with the joint CI-UCSB project 'Spatial Planning for Climate Change: Land Use for Conservation, Agriculture, and Energy' (SPARCLE).

BURN is seeking a highly motivated and skilled individual to join our team as an Electric Policy Lead. This role will play a crucial part in shaping and influencing electric policies on a global scale, supporting our mission to drive positive change in the clean cooking industry.

Burn is looking for a Carbon Policy Lead who will play a pivotal role in shaping and executing our organization's strategies related to carbon policy on a global scale. This position requires a deep understanding of carbon policy, excellent communication skills, and the ability to engage with government bodies, committees, and stakeholders.

Reporting to the Carbon Finance Director, the Head of Carbon Sales will be responsible to lead the development of our carbon credit sales strategy and key lead for closing large, multi-year deals through both indirect and direct sales channels through our Carbon sales team.

Switzerland has concluded bilateral agreements with Chile, Kenya, and Tunisia to pave the way for buying correspondingly adjusted carbon credits from them under the Paris Agreement.

Greater focus will be given to food and agriculture this year at COP28 in Dubai, as the links between food production and climate change become increasingly apparent, with a day dedicated to the topic and a concerted push to get governments to align agricultural policies with their emissions pledges.

Climate financier Respira International intends to purchase up to 50,000 direct air carbon (DAC) capture credits for an undisclosed price in a new project in the United Arab Emirates (UAE), the company announced Wednesday.

The provisional EU nature restoration bill has overcome opposition from agriculture lobbyists, lending a “ray of hope” to the bloc's environmental future, following approval from the European Parliament's environment committee (ENVI).

EU co-legislators reached a provisional political agreement to revise existing legislation on harmful industrial emissions across the bloc, striking a deal in the early hours of Wednesday that widens obligations to include more farmers and miners but not methane-intensive cattle rearers. 

Companies representing around 60% of the world's shipping market on Wednesday launched an emissions-saving alliance to raise the standard temperatures for transporting frozen foods, citing research that suggests food safety would not be impacted.

The UK government will lay biodiversity net gain (BNG) before parliament on Nov. 30 in a step towards making the law mandatory, it announced among a raft of nature-related pledges.

An Israel-headquartered direct air capture startup, backed by several oil majors as well as the Frontier removals buyers' club, has launched a pilot for its electrochemical dual-cell system, which it hopes will help drive carbon credits generated using the technology below $100/tonne.

A US-based non-profit has updated its carbon inventory statistics and maps for forest and non-forest lands globally in its overhauled tool, which it says will support country efforts to create stronger, more accurate deforestation policies.

REDD+ standards should not only include technical and scientific aspects developed in the Global North, but also contributions and experiences of the inhabitants of the same territories where these standards will be implemented, writes Gustavo Sanchez of the Mexican Network of Rural Forestry Organizations and colleagues representing other Indigenous peoples and Local Communities.

European carbon prices fell to a new 13-month low in early trade on Wednesday before gaining some support as data from futures exchanges showed that investment funds had built a record net short position, while energy markets slumped for a fourth day.