Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 12 min ago
Carbon pricing risks tilting corporate focus towards short-lived, less effective climate solutions -ECB
Regulations compelling firms to reconsider their carbon management policies, including greenhouse gas pricing mechanisms, could lead to a reduction in net emissions, though they may also discourage green innovation and promote only short-term or less effective abatement strategies, according to research by the European Central Bank (ECB).
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Euro Markets: Midday Update
European carbon prices traded largely sideways as the week began, extending the trading channel that has prevailed for the last ten days as the market continued to anticipate the annual reduction in auction volumes in August.
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First African plastic project registered with Verra
A plastic collection and recycling project in Senegal has been registered with Verra, the first on the African continent to qualify for earning the standard’s Waste Collection Credits (WCCs).
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China thermal power production continues to grow in June, Q2 GDP misses forecasts
China’s thermal power generation continued to grow at a double-digit pace in June amid rising electricity demand, even as the country's recent economic performance fell short of market expectations, government data showed Monday.
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Australia Market Roundup: Soil carbon experiencing its “solar moment”, AgriProve says, as new reef credit is in the works
Australia’s largest soil carbon project developer expects its projects to yield some 80,000 Australian Carbon Credit Units (ACCUs) in the coming months, saying the method is experiencing its “solar moment”.
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NZ Market: NZU price rises 27% following government backtracking on price settings
The price for spot NZUs rose by NZ$10 on Monday, following the government agreeing in court to revisit the ETS price controls and settings.
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Offset ratings agency extends services to Australian platform
A carbon credit ratings agency has partnered with an Australian climate markets platform to integrate its project ratings and quality assessments in the platform infrastructure.
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CP Daily: Sunday July 16, 2023
A daily summary of our news plus bite-sized updates from around the world.
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Tropical forest conservation efforts economically important even if ultimately unsuccessful -study
Non-market factors have significantly influenced forest loss in Brazil, the Democratic Republic of Congo, and Indonesia between 2000 and 2019, according to a new study, which highlighted the economic importance of forest conservation efforts even if reduced deforestation is temporary.
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Tanzania carbon credit projects set for $20 bln investment boost
Tanzania's burgeoning carbon credit industry is set to receive a substantial boost with investments over $20 billion expected from more than 20 companies from a series of countries.
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Poland kicks off campaign of legal challenges against EU’s Fit for 55 climate package
Poland has lodged the first of a series of legal challenges against the EU’s Fit for 55 climate package, Climate Minister Anna Moskwa said late Friday, signalling a deepening row over the bloc’s environmental policies.
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Head of Carbon Sales, BURN – Kenya
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.
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Carbon Technical Officer, BURN – Kenya/Nigeria/Mozambique Preferred
Reporting to the Head of Carbon Operations Africa, the individual will be responsible to ensure BURN generates its carbon credits on time, in the scope and on budget by ensuring all carbon reports are prepared and submitted on time, and within the standard requirements.
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PNG green groups say govt has breached its own rules on carbon market regulations
The Papua New Guinea government has completed its Climate Change Management Act (CCMA) without carrying out proper consultation as outlined in government guidelines from last year, according to a group of environmental NGOs.
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Technical Engineer, Solar and BESS, Investment Managers – Nairobi
As a Technical Engineer, you will play a vital role in overseeing the feasibility analysis and detailed design phase of our commercial and industrial projects, ensuring the delivery of cutting-edge solar PV and BESS solutions.
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Project Developer, Renewable Energy Company – Cape Town
We are seeking a dynamic and driven Project Developer (with 3-5 years of wind/solar project experience) to join our client, a leading renewable energy company based in Cape Town. As a pioneer in the renewable energy sector, they are committed to developing sustainable projects that contribute to a greener future.
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Indian carbon credit originator EKI seeking to sack auditors after company’s accounting practices flagged
India-based carbon project developer and consultancy EKI Energy Services has decided to sever ties with its auditors after they expressed significant concerns about the company’s accounting practices.
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UN, Sweden launch platform to mobilise biodiversity finance in Arab region
The UN Economic and Social Commission for Western Asia (ESCWA) and the Swedish government have launched a platform designed to mobilise finance for biodiversity protection across the Arab region.
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Producers draw on CCAs, financial players drop California net length but build RGGI holdings
Emitters raised California Carbon Allowances (CCAs) net holdings to a five-month high, while speculators reduced CCA net positions but lifted RGGA Allowance (RGA) net length to year-to-date highs, data from the US Commodity Futures Trading Commission (CFTC) showed Friday.
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US EPA rejects nearly all outstanding Renewable Fuel Standard waivers
The US EPA on Friday denied almost all pending petitions for small refineries to receive compliance relief under the Renewable Fuel Standard (RFS), consistent with President Joe Biden’s administration’s past approach to the programme.
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