Carbon Pulse

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

Oregon politicians are debating the postponement of compliance obligations for the state's fuel sector for five years under a future WCI-aligned ETS, but it remains to be seen whether that option has support among Democrats, regulatory sources told Carbon Pulse.

Germany will next year begin the process of phasing out its hard coal-fired power plants, according to draft legislation, with a decision on cancelling a corresponding number of EUAs appearing to be postponed until at least 2022.

Canada's federal and provincial compliance offset markets have received a boost from the re-election of Prime Minister Justin Trudeau and Alberta's proposed new emission mechanism, but industry stakeholders believe several outstanding issues must be resolved before investments can take off.

Utilities CEZ and Uniper advanced their hedging considerably over the third quarter, but the amount of EUA buying is likely to have been lower in absolute terms amid coal generation declines.

EUA prices sank below €25 to the bottom of their recent range early on Tuesday, reversing an early spike linked to a major nuclear outage from France's EDF.

NZUs remain range bound near the NZ$25 fixed price option (FPO) level where prices have been stuck for over two months as many buyers are reluctant to pay a premium for compliance.

South Korean CO2 allowances could climb to as high as 52,000 won ($44.71) by the latter part of next year as the market's shortage is expected to deepen, analysts at Ecoeye said Tuesday.

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

US Renewable Fuel Standard (RFS) biofuel credits rose over the past few days from a recent low as buyers scooped up credits at bargain prices.

British Columbia’s yet-to-be-finalised carbon pricing system for large industry is the only proposed scheme among Canada’s provinces that meets the environmental stringency requirements of the federal government’s ‘backstop’ mandate, a report released on Saturday found.

The Transportation and Climate Initiative (TCI) is expected to include cap scenarios and additional modelling in its December draft memorandum of understanding (MOU) for the proposed fuel sector ETS in the US Northeast and Mid-Atlantic regions, two regulatory sources said.

Wood's Environmental Policy and Economics team has an exciting opportunity for an excellent candidate to lead our work in air quality and climate change mitigation. You will be an experienced consultant and policy analysis, joining the team to play a central role in winning and delivering projects and driving growth in the team.

Airline IAG launched a review of its CO2-boosting fuel strategy on Monday, following an investigation that revealed the limited role of carbon pricing in curbing the sector’s rising emissions.

EUAs lifted back above €25 early on Monday amid slightly improved economic data and a decent auction performance, though observers saw little that could raise prices further in the short-term.

Climate Analytics Inc. (NY) is looking for a NDC Implementation Specialist to work under the supervision of the Head of Implementations Strategies Team and the project leads of the Climate Action Enhancement Package and with its team of experts.

Shanghai will auction 2 million CO2 allowances on Nov. 29 to participants in its emissions trading scheme, who face the deadline for complying with 2018 obligations later on the same day.

Australian airline company Qantas on Monday said it would reach net zero emissions by 2050, and as part of the plan will immediately double its use of carbon credits by matching each tonne offset by its customers.

IEEP is looking for a full-time (Senior) Policy Analyst with particular expertise on climate, agriculture and bioeconomy policies.

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