Carbon Pulse

The Global Green Growth Institute is looking for a program manager to support preparedness for Article 6 cooperation.

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

Verra is seeking two Registry Administrators to handle all day-to-day registry functions of the Verra Registry.

Emitters and speculators under the WCI cap-and-trade programme saw their California Carbon Allowance (CCA) positions dwindle this week amid the February contract expiry and the beginning of a massive price decrease, according to US Commodity Futures Trading Commission (CFTC) data 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 the near-final passage of a cap-and-trade related bill in Washington state.

Blue carbon projects are unlikely to see a rapid scale-up in credit issuance volumes due to long-lead times for some activities and difficulty in designing verifiable methods in other areas, a conference heard Friday.

A Canadian alternative ESG investor financing carbon projects has hired as strategic advisors the controversial former head of the UN Environment Programme and a lawyer who served multiple US Republican presidents and a climate sceptic organisation, the company announced Friday.

A draft opinion in the Market Stability Reserve (MSR) review proposal late on Thursday, with a draft report being adopted without major changes in the cross-party industry committee with 52 votes to 13, 5 abstentions.

EUAs overcame a weak start to post modest gains on Friday morning in calm trade after three days of extreme volatility, while energy prices rose strongly amid Russian attacks around nuclear reactors in Ukraine and reports that sanctions against Moscow may soon add some energy products.

Volumes spiked in China’s emissions market over the past week as a number of emitters carried out OTC deals to belatedly finalise their 2019 and 2020 compliance, but price levels remained largely unmoved.

Ongoing financing of coal fired-power construction in India will make it harder for the country to meet its stated target to reduce the carbon intensity of its economy by 45% by 2030, and in turn keep its climate pathway unaligned with Paris Agreement goals, a report has found.

One of China’s provinces has said it will not approve carbon forest projects for the international voluntary market this year, sparking concerns among developers that the same policy will spread to other regions.

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

EU carbon prices will recover from their recent speculator-led crash as the focus shifts back to fundamentals, analysts at BloombergNEF said, arguing that the market would benefit from the stability delivered by more participants.

Australia’s decision to allow project developers to exit offset contracts with the government in order to increase secondary market supply had caused a 24% drop in ACCU prices by early Friday afternoon and will likely damage overall confidence in the nation’s carbon market, according to experts.

The UK is likely to miss its 2050 net zero emissions target because of a failure to put in place credible plans to encourage essential investment by consumers and businesses, a cross-party group of UK lawmakers said in a report on Friday.

Poland may not hand out free EU carbon permits for 2022 to heavy industry before April - a month later than expected, the government announced Thursday.

Both California Carbon Allowance (CCA) and RGGI Allowance (RGA) values fell this week in tandem with the geopolitical-fuelled plunge in EU carbon and global equity values, with the losses negating early week gains in the WCI programme and coming just ahead of RGGI’s quarterly auction next week.

Calls to put a full embargo on Russian oil and gas exports are growing louder in the EU as Moscow’s brutality against Ukraine intensifies, pushing what is still a minority of stakeholders to ask for a halt to what they see as unacceptable funding of war via the bloc's energy purchases.

You will play a leading role in the development and overall management of proposals on corporate climate strategies, greenhouse gas (GHG) accounting services, climate change mitigation solutions, target setting, agriculture supply chain strategies and water stewardship, as well as in the implementation of projects, for which you will manage small project teams.