Carbon Pulse

We are recruiting a Research Fellow (perhaps a Senior Research Fellow for an exceptional candidate) to work on projects related to breaking fossil fuel lock-in and promoting just transitions away from fossil fuel extraction.

Many of the activities of CNG start with the calculation of the carbon footprint of an organization or the Life Cycle Analysis of a product. These calculations are indicative as to where the largest CO2 reduction can be achieved and how progress can best be monitored. The Impact Specialist decides how the calculations are carried out throughout the chain. Choices related to emission factors, scopes and boundaries are made transparent.

Business group IETA is urging EU member states to cancel EUAs when they implement coal power phaseouts to avoid a collapse in carbon prices.

Grounded Icelandic airline WOW Air has been hit with a record €27 million penalty for non-compliance under the EU ETS.

Following a major court ruling, Europe’s big industrial emitters may face fines or even be required to return EU carbon permits that have been mistakenly allocated since 2013, experts have warned.

EUAs ticked further above €26 early on Monday, with observers saying lighter auction volume could provide support this week.

The New Zealand government launched a tender on Monday for information and advice on building an auction platform for its ETS, with the intention to start selling carbon allowances next year.

The Puro GHG removal trading platform led by Finnish utility Fortum is considering expanding beyond its Nordic base after holding three pilot auctions for the voluntary carbon market.

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

A growing trend of right-wing populist politicians embracing anti-climate change and anti-carbon pricing rhetoric is putting more pressure on governments to develop and communicate 'just transition' plans to help affected communities.

The Ontario Industrial Emissions Performance Standard (EPS) finalised by the province's Progressive Conservative government won’t take effect until the jurisdiction is removed from coverage under the ruling federal Liberals’ output-based pricing system (OBPS), the government announced Friday.

California and Quebec regulators have retired carbon allowances to account for Ontario’s abrupt exit from the WCI cap-and-trade programme last summer, while California also shifted more permits into the state’s Allowance Price Containment Reserve (APCR) and retired units on behalf of a bankrupt power utility during Q2 2019.

The US EPA proposed a less than 1% increase in renewable volume obligations (RVOs) for the federal Renewable Fuel Standard (RFS) on Friday, as biofuel groups hit back against the agency for its refusal to reallocate waived compliance volumes granted through exemptions.

Germany could impose a rising CO2 price averaging €80/tonne in the non-ETS sectors of buildings and transport during the next decade, but the country would still require additional measures to meet its 2030 climate goals, according to a government-commissioned study published Friday.

European carbon hit a nine-day low on Friday before rebounding strongly back above €26 as dip-buyers emerged, putting EUAs on track to end a week of elevated auction supply higher.

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

California carbon allowance (CCA) prices climbed by double-digits for the second straight week on the back of renewed speculative interest, while RGGI allowance (RGA) prices ended a touch lower on fairly standard volume.

Australia’s Clean Energy Regulator issued just 124,000 carbon credits this week after last month’s end-of-financial year rush that saw over 2.8 million offsets distributed.

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

A major German lignite power generator has closed and experts say others face a bleak future as higher carbon prices contribute to a poor financial outlook for the country’s big-emitting units, which have until now proved resistant to climate policy.