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1. #Weigh carbon tax after manchin rejects code
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Project Lead, Future Energy Outlook, TransitionZero – London.Senior Advisor, International Climate Policy and Climate Finance, the greenwerk – Hamburg.Manager/Expert sur les Solutions Technologiques en Matiere de Carbone, EcoAct – Paris.Carbon Asset Officer, C-Quest Capital – Washington DC.Senior Program Officer, Nature Based Innovations, Verra – Flexible.*Climate Finance Manager, UpEnergy – Africa/Flexible.*Director, Climate Smart Solutions, Radicle – Canada.*Head of Research and Innovations, SustainCERT – Luxembourg/Amsterdam/Switzerland/Elsewhere.*Manager, Market Development, Family Forest Carbon Program, American Forest Foundation – Washington DC/Remote.*Carbon Project Development Technician (Gold Standard/Verra/Other), Nexus for Development – Phnom Penh.*Senior Research Analyst, Carbon Markets & Climate Change, Zulu Forest Sciences – London.*Carbon Technical Manager, UpEnergy – India/Flexible.Australia Market Roundup: Analysts downplay near-term impact of net zero goal, as over 50 projects earn new ACCUsĪs the likelihood increases that Australia will commit to a 2050 net zero target ahead of the Glasgow COP talks, analysts said Monday such a pledge would be unlikely to have a near-term impact on domestic carbon credits. California gasoline consumption stagnates near 1.2 bln gal, as diesel usage hits 10-year highĬalifornia gasoline usage dropped slightly month-on-month in June, while drivers’ usage of the fuel remained within recent trends compared to pre-pandemic levels, according to state data released Monday.ĪSIA PACIFIC Australia’s net zero target should include agriculture but offsets likely needed, report claims.Īustralia’s agricultural sector should not be exempt from a nationally-set target to reach net zero emissions by 2050, according to a report released on Monday by an energy policy think tank. Standardised voluntary emissions reductions (VER) prices moved in opposite directions over the past week, with CORSIA-eligible units reversing weeks of gains as nature-based offerings largely either slightly increased or decreased in value.ĪMERICAS NA Markets: CCA, RGA prices hit new all-time highs amid continued speculative interestĬalifornia Carbon Allowances (CCA) and RGGI Allowances (RGA) set fresh all-time highs on Monday as a combination of speculative interest, near-term fundamentals, and bullish expectations caused prices to surge. VCM Report: CORSIA-eligible offset prices retrace as nature-based units hold firm VOLUNTARY VER demand to swell 50 times over to hit net zero -analystsĭemand for voluntary emissions reductions (VERs) will need to skyrocket by 2050 to hit net zero emissions, with carbon neutral liquefied natural gas potentially providing an additional growth channel for the offset market, analysts at a major investment bank said Friday. Gunvor’s head of emissions has parted ways with the trading house, joining the wave of wide-reaching staffing changes this year as carbon market experts become hot commodities themselves amid soaring permit prices. Commodities firm Gunvor parts ways with emissions trading boss It would not be permissible for Moscow to only impose a carbon tax on exports as a means of shielding Russian firms from the impact of the EU’s border adjustment mechanism (CBAM), a senior EU official said on Monday. “Not acceptable” if Russia imposes carbon price only on exporters -EU official Germany is set to head into coalition negotiations once again after exit polls suggested Sunday’s election failed to determine a clear winner, with the tension between energy prices and legal obligations under the country’s Climate Protection Law due to be key sticking points in determining who will rule Europe’s biggest economy.ĮMEA Euro Markets: Carbon sets new records as energy prices surgeĮuropean carbon prices extended Friday’s record highs in on Monday amid solid gains across the energy complex, as equities rallied and API2 coal rose to its highest in 13 years. TOP STORY German parties prepare to jostle for coalition standing following close election

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