Carbon Pulse

The threat of a ‘no-deal’ Brexit may be dissipating amid cross-party efforts by UK lawmakers, but analysts say there remains much uncertainty for UK emitters and allowance prices in the EU ETS.

EUAs jumped to near €26 early on Wednesday as the risk of a no-deal Brexit lowered substantially overnight amid a cross-party effort by UK lawmakers to avert such an outcome.

The Western Australian government on Wednesday launched a public consultation on landholder consent for regeneration projects, a process that’s expected to unblock around 40 projects with some A$65 million ($44 mln) in government offset contracts and pave the way for new development.

CMI is looking for an energetic and creative communications specialist to join a passionate and dedicated team working with Australasian business leading the transition to net-zero emission by 2050.

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UK emitters will only be subject to a £16/tonne (€17.62/t) carbon tax from Nov. 4 if Britain leaves the EU without a deal at the end of October, the government said on Tuesday, countering expectations that the levy would be applied retrospectively for the whole of 2019.

Alterations to California’s Tropical Forest Standard (TFS) this summer did little to change supporters’ and opponents’ views of the possible precursor to jurisdictional REDD offsetting in domestic and international carbon markets, according to public comments released late last week.

Market participants largely see a bearish outcome for the upcoming RGGI Q3 auction due to weak quarterly emissions data, complementary state-led GHG-cutting efforts, and limited near-term mechanisms to tighten the Northeast US carbon market's supply-demand balance.

Australian government agencies are gearing up to try and stimulate increased supply of carbon credits, backed by a carbon industry that despite the relative lack of demand is concerned over its flagging ability to develop new offset projects.

EUAs fell to their lowest in 2.5 months early on Tuesday in a choppy market on high alert for Brexit developments and weighed down by bearish technical signals.

NZUs traded up to NZ$25 ($15.73) on Tuesday for the first time since late May as the bullish outlook from imminent regulatory changes outweighed restrictions from the fixed price option.

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The Green Climate Fund (GCF) struck a deal late last week on how to refill its coffers, smoothing the path for the UN’s main climate finance instrument to continue channelling cash to poorer nations.

A large, successful Macro fund is looking to add a Carbon/ Climate Change Market Analyst to their team.

Lestari Capital’s diverse Project portfolio includes internationally certified initiatives on the forefront of tropical conservation, ecosystem restoration and community forestry.

European carbon prices fell more than a euro early on Monday as global markets buckled on economy worries as the US and China failed to pull back from imposing additional tariffs over the weekend.

The nearly 130 nations participating in China’s Belt and Road Initiative (BRI) could push Paris Agreement global warming targets out of reach unless mechanisms are put in place to ensure green finance is an integral part of the programme, a report said Monday.

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One of the largest emitters in the EU ETS is likely to come under pressure to cut its normally round-the-clock operations after a German court ordered its neighbouring mine to close due to environmental concerns.

In order to prepare for the major planned expansion due to the implementation of ICAO’s CORSIA on a global basis, and to build up a team of professional auditors, Verifavia is recruiting aviation auditors for its Paris and Chandigarh offices.