Carbon Pulse

California will not be able to reach its mid-century GHG target without energy innovation taking place in several key sectors, as current technologies will fall short in generating the necessary emission reductions, according to a new report.

Product and business development firm IncubEx has hired its senior vice president to assist in the company’s expansion of exchange-traded US carbon and renewable energy commodities.

Alberta offset market participants and developers are closely monitoring the outcome of the province’s Apr. 16 election, as a victory by the poll-leading United Conservative Party (UCP) could dramatically alter the landscape of the Canadian province’s decade-long industry.

British Steel is seeking an emergency £100 million government loan to help it buy carbon allowances, Sky News reports, confirming earlier reports that the company was struggling to comply with the EU ETS due to Brexit-related restrictions.

In this role you will be responsible for a portfolio of clients and supporting new business development at South Pole. You will proactively manage the relationship with existing clients, understand their needs and develop tailor-made solutions with the support of senior business development managers.

As part of the Corporate Risks and Opportunities team within the Consultancy & Services Unit, you will lead all consulting mandates in the US. You will focus on the delivery of high quality consultancy advice on climate change mitigation solutions to the corporate sector, and be responsible for the management of project teams.

As part of the Corporate Risks and Opportunities team within the Consultancy & Services unit, you will focus on the delivery of high quality consultancy advice on climate change mitigation solutions to the corporate sector mainly for Nordics clients, and be responsible for the management of small project teams. The main focus will be on Greenhouse Gasses (GHG) accounting including Scope 3 and agricultural emissions.

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

The EU’s new Innovation Fund aims to hold its first funding call in the second half of 2020 and give extended support to projects aiming to cut emissions among heavy industries, a conference heard this week.

European carbon prices fell on Friday after hitting a fresh 11-year high earlier in the day, pausing a rally that had added as much as 30% to EUAs since the end of March.

Washington's proposed low-carbon fuel standard (LCFS) programme hit a snag this week as state legislators failed to advance the bill out of a Senate committee, but officials could use other avenues to advance the programme forward.

A handful of EU member states doled out another 61.7 million free carbon allowances in the past two weeks, with laggards Italy and Spain making big steps towards completing their 2019 allocations.

The UK government has aligned the country’s 2018 EU ETS compliance deadline with that of the rest of the bloc after the Brexit deadline was pushed back by six months.

A summary of legislative and regulatory action on carbon pricing and clean energy at the US state level taken this week, including Washington state’s 100% clean electricity bill, Hawaii carbon tax proposals, New Hampshire legislation to codify the post-2020 RGGI Model Rule, the Maine Public Utilities Commission's decision on a hydroelectric transmission line, and a Maryland Renewable Portfolio Standard (RPS) proposal.

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

China aims to finally launch its emissions trading scheme for its power sector next year, and then expand the market to other major industries over the following five years, multiple sources told Carbon Pulse, citing a draft government plan.

Australia’s Clean Energy Regulator issued 393,357 carbon credits this week, data showed on Friday, keeping the agency on track to doubling the amount of issued offsets year-on-year.

Mining major Rio Tinto has threatened to end its membership to any industry organisations that lobby against or try to undermine the goals of the Paris Agreement.

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

Verra seeks a dynamic Market Development Manager to join its market development team to manage market research, partnership development and outreach to new markets, governments and users of Verra frameworks.