Carbon Pulse

Errors in the Clean Energy Regulator data released last week wrongly suggested some big emitters had had their CO2 caps backdated to 2016, including some that had used carbon credit to meet their targets for that year, according to an agency spokesperson.

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

New Zealand on Tuesday named the panel of experts that will make up the country’s newly-established Climate Change Commission.

The Transportation and Climate Initiative (TCI) draft Memorandum of Understanding (MOU) will include several policy options as the jurisdictions seek feedback on the final structure of the regional transportation ETS.

The New Jersey Senate approved a bill Monday that would cement the state’s participation in the Northeast RGGI ETS ahead of the Garden State’s re-entrance next year.

The EU should toughen rules that exempt wood-burning power plants from the EU ETS or put at risk global climate targets due to emissions resulting from dozens of new facilities, a report found on Monday.

Three California-registered offset projects are looking to transfer into the state’s Low Carbon Fuel Standard (LCFS) next year, with higher prices in the complimentary programme incentivising such a transition, participants said.

EUAs rebounded from a one-month low struck early on Monday as the final auction of the year attracted strong demand and Germany signalled a step-up in climate ambition in its non-ETS sectors.

In this role within the Portfolio Management unit, you will be responsible for South Pole's procurement strategy and for structuring and closing carbon credit sourcing transactions. You will develop business with project developers, retailers, intermediaries and wholesale companies active in carbon markets.

In this role you will be collaborating and supporting senior managers on managing Climate Action Platforms (including funds) in the areas of sustainable land-use, low-carbon energy, climate-smart cities and/or clean technology.

To support our Climate Solutions Business Line, we are looking for an Operations Specialist who will help us improve and maintain our tools and templates. You will also support the development of new operating procedures and in some cases, take the lead in these initiatives.

As part of the Corporate Risks and Opportunities team, you will focus on the delivery of high quality consultancy advice on climate change mitigation solutions to the corporate sector, and be responsible for the management of project teams.

As part of the Renewable Energy Services team within the Consultancy & Services Unit, you will focus on the delivery of high quality consultancy advice on renewable energy solutions to the corporate sector, and be responsible for the management of small project teams.

Germany will raise its non-ETS carbon prices, more than doubling the €10/tonne starting rate for 2021 following criticism that the fixed price mechanism for transport and heating would have little effect in cutting emissions.

A summary of Carbon Pulse's reporting from the COP25 climate talks in Madrid, which set a length record as negotiations finally wrapped up on Sunday afternoon (it was meant to end Friday evening!).

UN climate talks in Madrid wound down on Sunday morning without agreeing rules for international emissions trade under Paris Agreement Article 6 as beleaguered hosts Chile pushed the summit further than at any point in the past quarter century. 

A marathon overnight session to develop an outcome for the UN climate summit was widely panned on Saturday morning, while negotiations on the highly contentious Article 6 rulebook for Paris-era international emissions trade continued. 

The British High Commission in Ottawa is recruiting a Senior Climate Change Policy Advisor to coordinate the mission’s work to combat Climate Change. This includes diplomatic action to support delivery of the 26th Conference of the Parties to the UN Framework Convention on Climate Change (COP26) in December 2020.

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

The world's biggest steelmaker ArcelorMittal announced plans on Friday to cut emissions from part of its EU output by 30% under 2018 levels by 2030, ahead of a planned global goal due next year.