Carbon Pulse

EUAs hit a one-week high above €26 early on Wednesday as supply prospects appeared tight on a rare auction-free day as the chances of a rapid resumption of UK selling faded. 

Awarding carbon credits to Safeguard Mechanism facilities that beat their baselines risks harming the integrity of Australia’s emission reductions and the nation’s carbon abatement industry, business group Carbon Market Institute said Wednesday.

Singapore-based venture AirCarbon has launched a blockchain-based exchange for trading of tokens to be backed by carbon credits eligible in the global aviation sector’s CORSIA offset scheme, the company said Wednesday.

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

Alberta’s United Conservative Party (UCP) government on Tuesday unveiled its overhaul of the province’s output-based pricing system (OBPS), maintaining the regime’s carbon charge but weakening industry production benchmarks in what could become a potential point of contention with the Canadian federal government.

Swedish utility Vattenfall saw its fossil-based production ease over the third quarter as hydro reservoirs filled from very low levels, while thermal output was still up 3.6% year-on-year over the first nine months.

WCI offset spreads are growing tighter as more Golden California Carbon Offset (G-CCO) sellers participate and stakeholders alter their views on how invalidation risk may influence prices, market participants and developers told Carbon Pulse.

FFI is seeking a qualified candidate for the position of Technical Specialist, Forest Carbon. You will play a vital role in the technical design and implementation of pioneering REDD+ projects in high carbon stock and high conservation value landscapes in Liberia, Vietnam and Mozambique.

California Low Carbon Fuel Standard (LCFS) credit prices set new all-time highs on Monday, coming ahead of the programme’s quarterly data release later this week.

EUAs lifted clear of €25 early on Tuesday as UK lawmakers appeared poised to agree a December election that could break their deadlock over Brexit.

Four people face prison sentences after losing a court appeal over their involvement in a carbon trading pyramid scheme in China, but the gang leader - who made $56.6 million from the scam - remains at large, state media reported Tuesday.

New Zealand carbon allowances rose by 5 cents in Tuesday trade, enough to hit their highest levels since Sep. 9 as demand is showing signs of picking up.

South Korea has confirmed it plans to allow limited use of international emissions units issued under Paris Agreement rules as well as CDM offsets in its emissions trading scheme after 2020.

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

California Carbon Allowance (CCA) prices would decline amid reduced demand if the Trump Administration’s suit challenging the WCI linkage with Quebec spurs a bifurcated market, according to analysts.

The core of the Media Associate role is to work with partners and colleagues to source and analyse intelligence, using it to develop strategic communications interventions which push ambition in key countries ahead of the UN climate talks, COP26.

The European cement industry has failed achieve significant emissions cuts under the EU ETS, though decarbonisation is set to move up the corporate agenda with 2018 marking the first year the sector faced an allowance deficit.

Small compliance entities are seeking out California Carbon Allowances (CCA) ahead of the interim compliance deadline later this week, but traders say the demand is having minimal impact on prices.

EUAs lifted above €25 early on Monday as European leaders agreed to extend the UK's Brexit deadline, though the Britain's departure from the bloc remains mired in uncertainty.

The former head of carbon advisory at trading firm Hartree Partners has joined one of the world’s biggest biomass producers.