Carbon Pulse

South Korean CO2 allowances hit record levels again on Thursday, as they have almost every day recently albeit on small volumes, leading concerned industry to pile pressure on the government to intervene.

Nodal Exchange will launch two California Low Carbon Fuel Standard (LCFS) contracts in the New Year that would be physically delivered rather than a financially-settled contract.

New Zealand on Thursday released a draft provisional carbon budget for 2021-2025 for public consultation, with specific proposals for its emissions trading scheme that would see the Fixed Price Option rise from next year and keep international units out of the market until at least 2026.

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

Five men sentenced to a combined 43 years in prison for investment fraud related to the reforestation carbon market have been ordered to repay £20.6 million or face an additional 36 years in jail.

California compliance entities used fewer carbon offsets at the November interim compliance deadline for 2018 emissions compared to previous years, while total power sector CO2 output rose with indirect emissions, according to regulator ARB data released Wednesday.

To coordinate British government work in Kenya to combat Climate Change, including diplomatic action to support delivery of the 26th Conference of the Parties to the UN Framework Convention on Climate Change (COP26) in December 2020.

To coordinate British High Commission work to combat Climate Change, including diplomatic action to support delivery of the 26th Conference of the Parties to the UN Framework Convention on Climate Change (COP26) in December 2020.

The main purpose of the job is to contribute to British Embassy work to combat Climate Change and promote sustainable energy links between the UK and Denmark, including diplomatic action to support delivery of the 26th Conference of the Parties to the UN Framework Convention on Climate Change (COP26) in December 2020.

European carbon prices rose for a third straight day on Wednesday, climbing to a three-month high as the annual year-end auction pause set in.

A bankruptcy judge approved a Pacific Gas & Electric (PG&E) proposal with $24.5 billion in wildfire settlements on Tuesday, bolstering the company’s chances of emerging from proceedings by mid-2020.

Germany's energy-related CO2 emissions posted a significant fall for a second straight year amid large drops in coal use and increases in renewables.

Trading platform CBL Markets has announced two major developments that it says will help it build a commanding market share while improving confidence in major burgeoning carbon markets, including US offsets and ICAO’s CORSIA scheme for international aviation.

Ensuring an enhanced climate ambition towards achieving Paris Agreement commitments is a key priority of the British Government, including its work in Vietnam and wider ASEAN region.

This position is an exciting opportunity to be at the heart of UK-China engagement on climate change as part of the preparation for COP26 which will take place in Glasgow at the end of 2020.

An overwhelming majority of Australian business remains disgruntled with the government’s climate policy and fears greater disruptions down the line if the nation continues to delay its decarbonisation process, a survey showed.

Disputes over the rules for the market chapter of the Paris Agreement may not be reconcilable and countries should consider pressing pause on the talks around this for a few years, New Zealand’s climate minister James Shaw said Wednesday.  

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

The Transportation and Climate Initiative (TCI) will aim to cut fuel sector emissions by a quarter over a 10-year period, with the 13 US jurisdictions slated to give more details on Tuesday about its proposed cap-and-trade scheme.

European carbon prices jumped on Tuesday as the year-end auction pause began, with technical buying building on yesterday’s big gains.