Carbon Pulse

CBI is looking for a manager for a team aiming to rapidly expand climate-friendly investment by influencing policy makers in national governments, central banks and financial regulators.

WRI is looking for an associate to implement an initiative aimed at ensuring countries increase their climate ambition by 2020.

ClientEarth is seeking an experienced professional to take on the lead role in providing strategic direction and managerial oversight to its Forests and Climate Programme.

Non-profit group Network for Certification and Conservation of Forests (NCCF) has circulated draft rules for an Indian carbon standard and credit registry that will form the foundation of the country’s voluntary carbon offset market.

European carbon prices showed signs of recovery on Monday following the previous session’s 5% crash, although the lower prices failed to attract keen buying at the day’s auction.

Japanese utility J-Power has halved the planned size of a new coal-fired power plant in Yamaguchi prefecture after fellow generator Osaka Gas pulled out of the project.

NZUs on Monday closed within the same tight 5-cent range for an 18th consecutive session amid limited demand ahead of next month’s compliance and lack of news on the fixed price option.

Australia’s Carbon Market Institute has appointed a high-profile climate policy veteran as its new CEO, the group announced Monday.

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

California Carbon Allowance (CCA) prices continued to surge despite transacted volume dipping amid an industry event this week, while RGGI Allowance (RGA) saw little activity after Virginia officials finalised their cap-and-trade emissions.

California Carbon Allowance (CCA) prices need to quadruple to help support more ambitious carbon reduction policies, a state senator said Friday.

A Canadian government official on Friday revealed more details about Ottawa's development of a federal offset programme under its ‘backstop’ output-based pricing system (OBPS) for large emitters, though a change in government this fall could impact its future roll-out.

EUAs slumped 5% to fall below €26 on Friday, crashing through technical support as some speculators sold heavily knowing 2018 compliance buying has effectively ended.

Finnish utility Fortum emitted 900,000 tonnes of CO2 from its EU ETS-regulated facilities over Q1 2019, down 10% year-on-year despite lower reservoir levels impacting hydropower output, it said in financial results on Friday.

The EU is considering paying foresters for the CO2 they remove from the atmosphere in an effort to incentivise more emission savings in the sector.

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

South Korean carbon prices rose to fresh record highs on Friday, leaving state-owned utility KEPCO to pick up the bill as the firm is obligated to compensate power companies for the CO2 allowances they have to buy.

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

Mexico will re-release draft rules for its pilot carbon market in mid-May, a government official said Thursday, which will kick off a consultation process that will help the government finalise them ahead of the scheduled Jan. 2020 launch of the scheme.

EU industry’s free allocation of carbon allowances must be phased out urgently as part of a wide-ranging industry climate policy framework to ensure the sector decarbonises following years of flatlining emissions, campaigners Carbon Market Watch said on Thursday.