Carbon Pulse

Seventeen entities opened Compliance Instrument Tracking System Service (CITSS) accounts in the California cap-and-trade programme during the third quarter, according to data released by state regulator ARB on Monday.

US biofuel credit (RIN) prices have retreated in recent days amid reports that a major Renewable Fuel Standard (RFS) deal is on hold while President Donald Trump attempts to ward off an impeachment inquiry by Congressional Democrats.

Europe’s biggest emitter RWE expects to achieve carbon neutrality by 2040, continuing fossil fuel generation past next decade even as the company completes a renewables transaction with former rival E.ON.

A looming set of competing bullish and bearish risks are likely to keep EU carbon prices locked in their existing trading range, though EUAs could bolt in one direction or another should any them come to fruition.

CFR’s David Rockefeller Studies Program is one of the country’s largest foreign policy think tanks with a widely respected and influential research staff. As part of the Studies Program, the research associate will support the work of the Senior Fellow for Climate Change Policy.

We are seeking a Legislative & Climate Associate to join our team to manage our legislative tracking and distribution process and to serve as a member of our climate advocacy team. 

The analyst in this position will conduct technical, economic and policy assessment of energy and environmental regulation. Recent examples include California’s 2030 Scoping Plan, the California Air Resources Board’s Cap-and-Trade Program, carbon pricing proposals in the U.S. Congress, and U.S. EPA’s Clean Power Plan.

The Senior Policy Advisor, Climate will play a key role in the development and implementation of the Conservancy’s US Climate Action Strategy, to build support for federal climate policy through policy analysis, strategic outreach, and advocacy with lawmakers, government agencies and key constituencies and stakeholders and will advise the Conservancy’s state chapters on outreach and advocacy strategies.

Maryland has issued additional RGGI offset credits to the lone project registered under the Northeast US cap-and-trade programme, data showed.

European carbon prices declined to bounce off €25.00 early on Monday, testing the solid support level as a weak auction added to the bearish technical outlook.

South Korea's v2018 CO2 contract fell 10% and was left untraded on its expiry day, but KAU19s maintained last week’s record high levels in a hint that Korean prices might remain far above historical levels despite the 2018 compliance process now being over.

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

The Transportation and Climate Initiative (TCI) draft framework will provide few specific details about the final structure of the proposed fuel sector ETS in the Northeast US, but it could delve into equity issues and broader programme elements, sources told Carbon Pulse.

North Carolina’s Department of Environmental Quality (DEQ) raised its power sector carbon reduction target recommendation on Friday, with academic institutions slated to help the agency research how a cap-and-trade programme or other clean energy policies may reach that target.

The UK government has fined two large oil companies nearly £300,000 in total for infractions related to the EU ETS.

Quebec is aiming to release a draft forestry protocol for its WCI-linked cap-and-trade programme by early next year, with the approach utilising a different accounting mechanism and permanence requirement than is featured in California's own methodology under the ETS.

EUAs slipped back towards €25 early on Friday amid projections of a weakening economy and as the energy complex continued to signal a bearish outlook.

Closing prices, ranges and volumes for China's regional pilot carbon markets this week.

China is likely to avoid setting an absolute cap on CO2 when it launches its emissions trading scheme next year, and instead opt for an intensity-based approach, according to a Tsinghua University professor who is advising the government on designing the market.

South Korean 2018 allowances on Friday completed two full weeks of daily gains as sellers sought to squeeze every possible won out of the few emitters still short ahead of Monday’s compliance deadline.