Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 39 min ago
Stakeholder Engagement Manager, CDSB – London
The CDSB Secretariat is looking for an ambitious Stakeholder Engagement Manager to help build relationships with key policymakers and other stakeholders in its priority jurisdictions globally.
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Carbon Markets Program Manager, CCAP – Washington DC
CCAP is seeking a proactive, creative policy thinker with outstanding analytic ability capable of leading and innovating the organization’s carbon markets program.
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Exchange ICE to relocate EU carbon trading to Netherlands over Brexit limitations
Exchange operator ICE will relocate its EU carbon allowance trading from its London-based hub to the Netherlands in Q2 of this year due to Brexit-related limitations, it announced Monday.
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ANALYSIS: Excluding agriculture from Australia’s net zero target would come with risk for offsets, reputation
Australia’s junior coalition partner has flagged the possibility of keeping farming out of the country's net zero emissions pledge, a move that could potentially jeopardise the offset industry’s ambition to export agriculture-based carbon credits.
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HKEX takes stake in Chinese futures exchange
Hong Kong Exchanges and Clearing (HKEX) is taking a minority stake in the Guangzhou Futures, aiming to extend its engagement in low-carbon markets.
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Land Restoration Project Coordinator, Carbon Neutral – Perth
Carbon Neutral is seeking a specialist to join the team to further develop and support land based carbon projects.
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Environmental and Carbon Markets Broker, TFS – Melbourne
This full time role will focus on business development deliverables advancing our services in Australia's renewable energy, energy efficiency, and carbon markets.
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CP Daily: Friday February 5, 2021
A daily summary of our news plus bite-sized updates from around the world.
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South African carbon tax could be too low, too limited to cut emissions -report
South Africa’s carbon tax may be ineffective in cutting the country’s greenhouse gas emissions on its own, a report by a major consulting firm warned.
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Speculators hit 1-year high on CCA length, as emitters reduce short positions on V21s
Financial entities increased their California Carbon Allowance (CCA) holdings this week by the largest amount in nearly a year, while regulated entities' length potentially grew from short positions rolling off in January, according to US Commodity Futures Trading Commission (CFTC) data published Friday.
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Oregon LCFS posts first quarterly credit deficit in 1.5 years for Q3 2020
The Oregon Clean Fuels Program (OCFP) recorded its first credit deficit since early 2019 in the third quarter of last year, with a rebound in gasoline volumes and a crash in renewable diesel (RD) usage contributing to the draw on the surplus bank, according to state data published Friday.
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EU Market: EUAs extend record high, notch huge 16% weekly gain
EUAs extended their record high above €38 for the third straight day on Friday, holding on to most of this week's gains as the market comfortably absorbed the first full week of 2021 allowance auctions.
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US farmers’ cooperative targets up to $20/tonne for soil-based carbon offsets
A subsidiary of US agriculture cooperative Land O’Lakes launched its voluntary carbon credit programme on Thursday that will pay farmers up to $20/tonne for CO2 sequestration, as soil-based offset initiatives continue to earmark payments on the high end of current global voluntary emissions reduction (VER) values.
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US Carbon Pricing and LCFS Roundup for week ending Feb. 5, 2021
A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including developments in Indiana, Maine, and Rhode Island.
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Macquarie carbon and power boss to join Goldman Sachs
Investment bank Macquarie's head of environmental products and continental power in London has been hired by rival Goldman Sachs, Carbon Pulse has learned.
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Pennsylvania Republicans refute legal analysis, claim RGGI regulation is illegal tax
Pennsylvania Republicans have pushed back against analysis by two state agencies and an independent group that claim the state has the legal authority to implement a RGGI-modelled cap-and-trade regulation without the legislature’s approval.
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EU launches probe into Romanian utility, raising concerns about carbon permit shortfall
The European Commission launched an investigation into Romanian utility CE Oltenia’s restructuring plans on Friday, blocking funding that observers say the company was likely relying on to buy several million carbon allowances over the next two months.
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Korean carbon market surplus likely far bigger than expected, analysts warn
South Korea’s carbon market surplus for 2020 could be almost 75% higher than previously expected, analysts said Friday, writing down emissions estimates and warning that KAU prices could near all-time lows as a result.
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CP Daily: Thursday February 4, 2021
A daily summary of our news plus bite-sized updates from around the world.
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Absence of EU carbon market link “biggest risk” facing UK energy sector
Linking the UK’s new emissions trading scheme to the EU carbon market is the single most important issue facing Britain’s energy industry, sector representatives told lawmakers, warning that it presents the largest threat in terms of raising costs for consumers and preventing utilities from managing risk.
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