Carbon Pulse

Developers under contract with Australia’s Emissions Reduction Fund (ERF) have delivered 400,000 more offsets to the government fund in the latest issuance round, while the Clean Energy Regulator has doled out a similar amount of new credits.

The MPI is looking for an analyst to develop emission reduction strategies for the primary sector, including a farm gate emissions pricing mechanism.

Point Advisory is looking to recruit an experienced and high-performing team member with between 3 and 6 years’ postgraduate experience, focused on carbon accounting, carbon neutrality and greenhouse gas emissions reduction strategies.

Edge Environment is looking for a candidate to deliver high quality carbon-related project work for clients across growing areas within our business including, carbon footprinting, target setting, mitigation and strategy work.

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

Compliance and financial entities held their California Carbon Allowance (CCA) positions mostly flat ahead of next week’s WCI auction, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

British Columbia’s carbon levy and Alberta’s former output-based pricing system failed to stimulate GHG abatement over their respective histories compared to the success of the EU ETS and the linked California-Quebec WCI cap-and-trade programme, a study has found.

Northeast US electricity consumption returned to historic levels over the past several months as warmer weather increased residential usage, likely curtailing the impact of COVID-19 on RGGI compliance obligations, according to grid data.

Germany is set to hit its domestic 2020 GHG reduction target of 40% below 1990 levels this year, a study released on Friday found, as coronavirus restrictions limited output to bring the goal back within reach.

More than 900 EU ETS-covered installations in Germany face a liquidity squeeze following the launch of the national emissions trading system (nEHS) next year as the two schemes will impose a ‘double burden’ that may not be compensated until a year and a half later, an analysis has found.

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

EUAs fell below €25 early on Friday as wider markets sank on heightened prospects of a second European lockdown and power markets softened cooler weather forecasts.

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

Income from the sale of Brazilian biofuel credits under the country’s RenovaBio programme will face a much lower tax rate after lawmakers on Wednesday quashed a veto by President Jair Bolsonaro.

RGGI allowance (RGA) prices rose on additional secondary market compliance buying this week, as California Carbon Allowance (CCA) values nudged higher ahead of the Aug. 18 WCI auction.

Carbon emissions across Pennsylvania and the eastern half of the US would decline if the Keystone State were to join the RGGI ETS in 2022 under its proposed cap level, according to a study published Thursday.

EUAs lost 2% on Thursday amid technical weakness and fading oil and equities, as concerns mounted about carbon's lack of resilience ahead of full-sized sales resuming in earnest over the autumn.

The Spanish government approved on Thursday the closure of three coal-fired power plants through 2022, slashing further the country’s coal capacity that has been in steady decline over recent months.

Germany-based utility RWE saw its ETS-covered thermal output drop by almost a third in H1, it said in quarterly financial results on Thursday, matching an EU-wide trend of big-emitting generators bearing the brunt of the coronavirus-linked demand drop.

The Shanghai municipal government will auction 2 million allowances for its emissions trading scheme before the end of the month, allowing speculators to participate for the first time after dismal sales to compliance entities in previous years.