Carbon Pulse

Mexico plans to implement a three-year cap-and-trade pilot programme beginning in 2020 that would utilise direct allocation and auctions to distribute allowances to end users, but it has not yet determined the appropriate caps, according to a public consultation released on Monday.

Spain’s acting socialist government has called on the EU to assess a potential carbon tax on power imports under its upcoming central budget from 2021, according to media reports on Monday.

EU carbon dipped on Tuesday as observers warned that the rising risk of a 'no-deal' Brexit could weigh on prices, though signs mounted that a technical breakout could be imminent.

Nodal Exchange and IncubEx will launch their second offering of environmental trading products on Friday, with this round focusing on a suite of new exchange-listed renewable energy certificates (RECs) for certain US states and jurisdictions.

Climate Analytics is currently seeking a new leader of its Mitigation Pathway Analysis Team.

The Climate Change Group at IIED is looking for a Head of Global Climate Law, Policy and Governance Programme to lead the strategic direction and delivery of the programme and provide legal, technical and strategic advice to the Least Developed Countries (LDC) Group in the UN climate negotiations as requested

Australian Prime Minister Scott Morrison on Sunday announced his new Cabinet after a shuffle that saw the responsibility for carbon emissions returned to the energy portfolio.

Projected EU Parliament election results early Monday suggest the assembly will retain its stance of pushing for more ambitious climate policy, though its centrist parties will need to rely more on liberal and green lawmakers to stave off populist climate-sceptic members.

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

EUAs fell on Friday to unravel more of what remained of the week’s gains as the UK Prime Minister’s resignation stoked Brexit uncertainty and bearish sentiment despite an auction-starved week ahead.

A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level taken this week, including the push to finish Oregon’s WCI-modelled cap-and-trade proposal, Maryland’s governor proposing an alternative method of achieving 100% clean electricity, and several developments related to compliance waivers and proposed biofuel credit trading reforms under the federal Renewable Fuels Standard.

UN aviation body ICAO will restrict attendance at technical meetings for the CORSIA offsetting programme to members of the scheme’s 19-person advisory board, snubbing a central demand of environmental groups that have called for greater outside participation and transparency in developing the international carbon market.

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

GHG removal credits were sold for an average €26.92 on Friday on a platform led by Finnish utility Fortum, the first of three pioneering auctions designed to test the trade in the voluntary carbon market.

Australia’s biggest-emitting company earned the lion’s share of this week’s newly issued carbon credits, receiving over 140,000 offsets.

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

California Carbon Allowance (CCA) prices receded this week ahead of and immediately after Wednesday’s publication of this month's record WCI auction results, while RGGI allowances (RGAs) barely budged for a second straight week.

EUAs fell on Thursday to give back some of the week’s big gains as oil led the energy complex lower amid China-US trade concerns, while a weaker auction also helped quiet down bulls.

Mainstream media outlets have been congratulating themselves of late for becoming just 20 years too late on climate change, and now the same institutions that have consistently failed to cover the enormity of the challenge are failing to cover the myriad interlocking solutions. This week, ProPublica became the latest outlet to blow it

Alberta’s newly-elected United Conservative Party (UCP) government introduced a bill Wednesday to eliminate the previous administration’s C$30 carbon tax by next week, adding that legislation to overhaul the Canadian province’s large emitter trading programme would not follow until the fall.