Carbon Pulse

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

Prices for cellulosic biofuel credits (D3 RINs) under the Renewable Fuel Standard (RFS) will climb back to historical higher levels if the US EPA resets the fuel type’s annual volume quotas to account for carryover credits, according to new analysis.

The German government's new 2030 climate plan will likely be overhauled to increase its ambition, according to media reports, after a wide array of critics slammed the strategy released last Friday for being too lenient.

Connecticut’s Legislative Regulation Review Committee (LRRC) passed the state’s revised RGGI regulation to incorporate post-2020 changes on Tuesday, making it the penultimate member of the Northeast US ETS to do so.

International emission trade under a well-functioning Article 6 of the Paris Agreement could save as much as $250 billion per year by 2030 and improve the chances of meeting the pact’s climate goals, according to a study published Tuesday.

The US EPA does not have a target date for the White House to sign off on the agency's regulatory review of the Renewable Fuel Standard (RFS), a move that could alter the biofuel volumes in the programme over the next several years, an agency official said Tuesday.

The Canadian Liberal Party unveiled its climate plan on Tuesday that would set a legally-binding 2050 net zero goal, overachieve on the country’s 2030 goal and provide training for workers to adjust to the shifting economy.

The Transportation and Climate Initiative (TCI) will unveil a draft framework in early October of its proposed cap-and-invest programme to regulate fuel sector emissions in the Northeast US, a Massachusetts official said Monday.

DTE Energy Trading seeks an individual who knows how to track regulations and policy affecting energy markets, especially renewable portfolio standards.

The Green New Deal has been the focal point of the climate debate among the Democratic presidential candidates. Less publicized is the Climate Risk Disclosure Act, a proposal from Senator and presidential contender Elizabeth Warren, that seeks to frame climate change as a threat to the public markets.

**THIS IS A FREE ARTICLE** - Learn how companies and governments are aligning with the Paris Agreement and finding opportunities in carbon markets worldwide.

EUAs were briefly jolted back towards €26 early on Tuesday as carbon reacted to a UK court verdict that could cut the chances of no-deal Brexit.

Norway and Germany have pledged funding for new major REDD deals to protect African rainforests just a month after the two nations stopped payments to a similar programme in Brazil.

South Korean CO2 allowances rose another 2% in Tuesday trade, climbing to all-time high for the seventh consecutive session as some emitters chased KAUs ahead of the Sep. 30 compliance deadline.

Plans to put a price on greenhouse gas emissions from New Zealand agriculture have been stalled as the government coalition partners struggle to agree details, according to domestic media reports.

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

California utility PG&E's bankruptcy plan lacks the financial commitments and backing from wildfire victims that would enable the embattled company to exit court proceedings by mid-2020, bondholders and victims wrote in a court brief filed last week.

France should resume annual increases to its domestic carbon tax due to the threat posed by climate change and despite the fact that the levy helped trigger widespread and violent protests in the country, an advisory institution to the national government budget auditor said.

Slovakia is joining the growing number of member states opting to use the EU's Modernisation Fund next decade to finance the decarbonisation of energy systems in various emitting sectors.

Past vintage California Carbon Allowances (CCAs) added to the upcoming WCI auction are likely from regulatory accounts closed over the past three quarters, according to Carbon Pulse analysis.