This Week In V-Carbon: Yet Another 2014 Ranking

The Gold Standard Foundation will be under new leadership beginning February 1. Adrian Rimmer, CEO for the last five years, is now stepping down. In his place will be Marion Verles, Founder and former Executive Director of Nexus Carbon for Development.

– Read more here

Cookstoves offsets have fetched high prices in recent years for their perceived co-benefits – with benefits to women and children topping that list. Yet while women are primary users, they are rarely the primary producers. The reasons for this aren’t always obvious. One organization, Sustainable Green Fuel Enterprise, found women to be better workers – yet they would skip some days when they had to find cash immediately to pay off debts. Another organization, EcoZoom, changed its approach with female sales agents after learning that nearby cookstove projects failed to improve their income. In those cases, the workers’ husbands had spent their wives incomes on short-term purchases. EcoZoom now focuses on educating both husbands and wives in financial literacy.

– Read more from Ecosystem Marketplace here

Concluding Ecosystem Marketplace’s series on carbon finance and cookstoves, the latest case study examines the Nepalese government’s initiative to ensure clean cooking for all by 2017 through the lens of a Dutch partner non-profit SNV. The organization is trying to build up a private market for stoves from scratch, so they started in the remote western provinces. Working with local manufacturers, SNV is now using carbon finance to lower costs to work towards their goal of 150,000 stoves distributed in the region by mid-2017.

– Read more from Ecosystem Marketplace here

As the Lima climate talks went into overtime, they followed the 20-year tradition of previous international climate negotiations: starting with a bang of enthusiasm and ending, two days over schedule, in a whisper. Luckily, that isn’t discouraging progress within voluntary circles. Some of the biggest events of 2014 – including the Super Bowl, the Sochi Olympic Games, and the World Cup – offset their greenhouse gas (GHG) emissions. Carbon-conscious companies continued their involvement in the space: corporations such as Chevrolet and Disney supported voluntary carbon offset projects under new methodologies, some of which they helped develop.

– Read more from Ecosystem Marketplace here

South Korea’s ETS became the 2nd largest in the world after trading kicked off on Monday The scheme covers 525 entities and is a central part of the country’s goal to reduce GHG emissions 30% below current levels by 2020. The initial price hovered just under $8/tCO2e USD, consistent with forecasters’ expectations. However, the price is expected to rise sharply as the power and energy industries will likely fall short nearly 90m tCO2e (tonnes of CO2 equivalent).

– Read more from India Times here
– Read more from MarketWatch here

Analysts predict big things for China’s carbon markets in the Year of the Goat now that all seven pilot ETS programs are up and running. The more than 2,000 participating companies will likely trade an estimated 40 million tonnes in 2015, an increase from the 24 million tonnes traded in 2014. Ever mindful of business opportunities, non-regulated companies may also get involved. Two Shanghai-based companies just launched a 200 million yuan ($32 million USD) fund to invest in Chinese carbon projects and sell the resulting Chinese Certified Emissions Reductions to power companies and manufacturers seeking to meet part of their compliance obligations through offsets.

– Read more from RTCC here
– Read more from Reuters here

California’s cap-and-trade program picked up a big passenger on January 1. The program expanded to include gasoline and diesel: a move that gas companies warned would trigger higher pump prices. Yet, no one could have predicted Saudi Arabia’s recent moves, which have helped push gas prices in the US to historic lows. Safe to say, no Californian has noticed the add-on when gas is $2.65 a gallon. The rest of the state’s carbon market remains strong, with trading volumes at the start of the year topping 2.7 million allowances.

– Read more from the Scientific American here
– Read more from Reuters here

Washington state Governor Jay Inslee proposed a new cap-and-trade program that will look remarkably familiar to those involved in California’s program and could pave the way for further collaboration between the Evergreen and Golden states. The proposed program would cover an estimated 130 facilities and fuel distributors operating in the state that emit more than 25,000 metric tons of GHG emissions per year. The Washington proposal would allow the use of offsets to cover up to 8% of a regulated entity’s annual emissions and make offset buyers liable for the integrity of the offsets, following the lead of California’s controversial buyers’ liability provisions.

– Read more from Ecosystem Marketplace here

Alberta extended its $15 per ton carbon levy on large emitters for another six months, and environmentalists aren’t happy. Though the regulation has been in place since 2007, allowing companies to pay $15 per tonne or buy offsets, Alberta still emits more carbon than Ontario and Quebec (home to over 60% of Canada’s population combined) and is not on track to meet its self-imposed reductions targets (below Canada’s national targets). Despite this, the Prime Minister Stephen Harper expressed interest in carbon pricing – and cited Alberta as a model example. However, the Pembina Institute, an environmental think-tank, believes both Alberta and the Prime Minister should look to British Columbia’s carbon tax for effective carbon pricing.

– Read more from the Huffington Post here
– Read more from Pembina here

Australia recorded the largest emissions drop in a decade – a full 1.4% over a 12-month period – which environmentalists attribute to an effective carbon price. Emissions reductions increased during both years of carbon pricing, though the greatest gains were seen this past year. However, this success may not last as Tony Abbott’s federal government scrapped the carbon price in favor of an Emissions Reductions Fund that will finance some carbon offset projects. Interim data has shown that Australia’s emissions have increased since repeal of the carbon price.

– Read more here

Nearly 90 million Americans celebrated the lowest gas prices in five years by driving to visit friends and family over the Christmas and New Year’s holidays. However, the more than $1 per gallon decline in gasoline prices over the past three months has also exacerbated the problem of energy overuse, says former Treasury Secretary Larry Summers. His solution: a national carbon tax in the United States. A $25 per tonne carbon tax would raise more than $1 trillion over the next decade, but would lift gasoline prices by only about 25 cents per gallon, he argued in a Washington Post Op-Ed. But a return to higher gas prices may be inevitable if demand increases in China and India and gas prices rise in the summer as usual.

– Read more from the Washington Post here
– Read more from the Triple Pundit here

Brazilian President Dilma Rousseff is not the climate leader she claims to be – not after making two bad choices in appointing government ministers who could unravel some of the progress the country has made in reducing deforestation, said Steve Schwartzman, NGO Environmental Defense Fund’s Director of Tropical Forest Policy. Katia Abreu, the new Minister of Agriculture, has advocated both for weakening forest protection legislation and a constitutional amendment that would effectively halt the legal recognition of indigenous territories – stances that earned her the nickname “chainsaw queen.” Aldo Rebelo, Brazil’s new Minister of Science, Technology and Innovation, denies climate change is real or caused by humans.

– Read more here

The Gold Standard is seeking comments on the framework for its Sustainable Cities Programme. The new framework goes beyond GHG-driven interventions to allow funding agencies and developers to include significant social benefits such as providing access to clean water. The deadline for submissions is February 6.

– Read more here

California once again delayed the potential adoption of a new offset protocol for rice cultivation projects that reduce methane emissions. California Air Resources Board (ARB) officials project potential offset supply under the new protocol in the range of 500,000 and 3,000,000 tonnes of GHG reductions through 2020 – the scheduled end date for California’s cap-and-trade program. Stakeholders widely praised the ARB’s efforts to include forestry projects located in Alaska in the program, but objected to several proposed technical updates to the forestry protocol, including planned changes to standards for even-aged management of forest stocks. California regulators also took some flak for the market uncertainty created by their recent invalidation of ozone-depleting substances offsets.

– Read more from Ecosystem Marketplace here

Based in Washington D.C., the Research Assistant will be able to commit to 35-40 hours per week to support a range of activities under the Ecosystem Marketplace Carbon Markets Program, including supporting the development of the State of the Forest Carbon/Voluntary Carbon Markets reports. The ideal candidate will have a graduate degree, an interest in conservation finance/payments for ecosystem services and basic knowledge of the carbon markets or another ecosystem service market; excellent writing, verbal communications, research and organizational skills; and excellent working knowledge of Microsoft Excel.

– Read more about the position here

Based in Bonn, Germany, the Policy Manager for Ecosystem Services will manage the development of FSC’s Procedure for the Maintenance and Enhancement of Ecosystem Services, including methods for impact evaluation. The successful candidate will have at least five years of professional experience in a relevant field, be skilled in data and content management systems, and be fluent in English (knowledge of Spanish and/or French are a plus.)

– Read more about the position here

Based in New York, the Sustainability Engagement Associate will engage with corporate sustainability professionals to secure participation in the CDP through phone calls, email support, webinars and speaking engagements. Successful candidates will have a university degree in a related subject, at least two years of work experience, and superior interpersonal skills.

– Read more about the position here

Based in New York, the Staff Auditor II will conduct carbon certification audits for RA-Cert’s Carbon Services, including audit scheduling, on-site visits, and report writing. Successful candidates will have a Master’s degree in forestry, ecology, or natural resource management and a minimum of four years of field work experience in forest management, geospatial analyses, forest carbon project development or a related field.

– Read more about the position here

Based in Assam or Odisha, India, the Program Manager will work directly with BioLite’s distribution partners to manage the overall business strategy of the organization’s cookstove pilot program in India. Ideal candidates will have a Bachelor’s degree, relevant field experience (working in bottom of pyramid markets in rural and peri-urban areas) and project management experience.