Carbon Pulse

EUAs were holding above €28 early on Friday, though they failed to mount a challenge to yesterday’s 11-year high of €28.72, with some traders wary of a rapid drop due to profit-taking.

Germany’s transport and building sectors should be assigned carbon prices either through a market or a tax before transitioning them into the EU ETS, government-appointed economic experts have recommended.

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

This role requires experience and/or aptitude with carbon and energy efficiency markets – the purpose is to position the firm in the climate change business, make visible its name and credentials and engage in communication efforts led from the head office.

Issuance of Australian carbon credits dropped further this week as most project owners had secured offsets before the end of the 2018-19 financial year last month.

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

We are seeking an outgoing, dynamic and enthusiastic policy officer to support our work on European and international climate policies, with a special focus on carbon markets and carbon pricing.

This position provides strategic input, guidance and expertise to long-range planning regarding drought affects, mitigation and preparedness as well as climate change impacts to long range planning, not only within the Colorado Water Conservation Board (CWCB) and DNR but throughout Colorado State Government.  Additionally, this position provides expertise and guidance on matters of vulnerability and risk and how they fit into broader statewide goals and processes, such as the Colorado Climate Plan and Colorado's Water Plan.

The Canadian federal government has solicited a report to determine the potential for different offset protocols to supply credits to the country’s ‘backstop’ large emitter trading programme.

UK emitters will be subject to a £16/tonne carbon tax from Nov. 4 if Britain leaves the EU without a deal at the end of October, the government said on Thursday.

California Carbon Allowance (CCA) prices declined by double-digits amid thin volume on the secondary market, as RGGI allowance (RGA) prices rose slightly during the holiday-shortened week.

The EU won’t showcase a deeper collective emission cut goal at September’s UN Secretary General climate summit, officials said on Thursday, dashing hopes that the bloc’s leaders could return to the table this summer to agree a net zero 2050 goal.

EU carbon allowance auction volumes will be cut by around 37% in the final four months of 2019, sale hosts EEX announced late Thursday, as the MSR removes a further 117.6 million EUAs from the market this year.

The California Senate has passed legislation that directs a new task force to consider developing compliance offset protocols focused on natural and working lands (NWL) and potentially could enable multiple landowners to jointly developed projects.

New Zealand carbon allowances are holding around the NZ$23 ($15.36) level despite rapidly fading timber export prices that has brought speculation on whether forest owners would sell off more NZUs to compensate for falling income levels.

European carbon prices hit a fresh 11-year early on Thursday before consolidating above €28, as participants mulled whether EUAs as their next move would scale higher ground to test all-time highs or recede on profit-taking.

The Canadian federal Conservatives' plan to eliminate or overhaul parts of the ruling Liberals’ climate and CO2 pricing strategy would prove costly and take the country further away from its Paris Agreement target, according to a report released Thursday.

Whether Australia should increase its emissions target under the Paris Agreement, change the approach of the ERF, and access the international carbon offset market were among the issues in the policy review launched by the independent Climate Change Authority on Thursday.

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

Quebec retired 1.8 million V17 carbon allowances on Wednesday to account for surplus Ontario permits left over in the WCI market, according to an updated Compliance Instrument Tracking System Service (CITSS) report.