Carbon Pulse

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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 17 min ago

RGGI auction seen likely to settle underneath secondary market

Wed, 2019-03-13 22:37
Traders anticipate the quarterly RGGI auction to settle below current price levels, bucking the recent trend of above-secondary market results.
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International Climate Policy Advisor, The Nature Conservancy – Arlington, VA

Wed, 2019-03-13 20:57
The Policy Advisor, International Climate Policy supports TNC’s international policy advocacy and thought leadership efforts to support our goal of keeping global warming well below 2°C and building the resilience of people and places in the face of a changing climate.
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Climate Change Policy Specialist, UNDP – New York

Wed, 2019-03-13 20:53
The Policy Specialist, Climate Change based in New York is responsible for contributing substantive advice and technical expertise, advocacy, relationship building and knowledge to the thematic area of Climate Change within both the GPN and UNDP as a whole.
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NZ Market: NZUs extend gains, close in on record high

Wed, 2019-03-13 19:57
New Zealand carbon permits gained another 0.4% in Wednesday trade to hit a 4-month high, just 5 cents below the market’s all-time record level.
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SK Market: Bid limit stops Korean auction from selling out

Wed, 2019-03-13 19:21
Over a quarter of the allowances on offer at Wednesday’s South Korean CO2 auction went unsold due to the tighter bid limits introduced last week.
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CP Daily: Tuesday March 12, 2019

Wed, 2019-03-13 08:49
A daily summary of our news plus bite-sized updates from around the world.
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Chile seen allowing unlimited offsets for expanded CO2 tax, may add RECs

Wed, 2019-03-13 08:37
Chile could allow the unlimited use of domestic offsets as a compliance option under its expanded $5/tonne carbon charge, though industry is lobbying to include RECs as well, according to an industry expert.
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Pennsylvania nuclear subsidy plan draws pushback from utilities, greens

Wed, 2019-03-13 08:19
Pennsylvania lawmakers on Monday introduced legislation to add a nuclear carve-out to the state’s Alternative Energy Portfolio Standards (AEPS), leading some opponents to label the move as a bailout for the industry and others to argue it would not do enough to promote clean energy.
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Luxembourg court confirms EU ruling that state can reclaim ArcelorMittal’s unused EUAs

Wed, 2019-03-13 07:48
A Luxembourg court has confirmed an EU ruling that its government can reclaim without compensation carbon allowances given to steelmaker ArcelorMittal to cover emissions at a shuttered plant.
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US EPA proposes restrictions on biofuels credit trading under RFS

Wed, 2019-03-13 07:44
The US EPA on Tuesday released a long-awaited proposal to allow year-round sales of 15% ethanol blends (E15) and limit trade in biofuel credits under the federal Renewable Fuels Standard (RFS), with several stakeholders panning the latter measure.
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Washington state ETS bill to skirt this week’s legislative deadline

Wed, 2019-03-13 05:49
A Washington state proposal to implement a WCI-modelled cap-and-trade programme will not be subject to Wednesday’s cut-off in the legislature and will likely have a public hearing in the coming weeks, a government spokesperson told Carbon Pulse.
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New York waiting for New Jersey, Virginia before finalising RGGI regulations

Wed, 2019-03-13 05:40
New York’s Department of Environmental Conservation (NYDEC) is waiting for certainty on New Jersey and Virginia’s pending linkages to the northeast US RGGI market before advancing amendments to adopt the programme's post-2020 Model Rule, an agency official confirmed to Carbon Pulse.
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EU Market: EUAs choppy, directionless amid ongoing Brexit uncertainty

Wed, 2019-03-13 04:53
European carbon prices ended little changed on Tuesday after fluctuating in another volatile session fuelled by ongoing uncertainty over Brexit.
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Uniper ends hedging freeze, notes Brexit sell-off opportunity

Wed, 2019-03-13 03:07
German utility Uniper ended its year-long hedging freeze in Q4 2018 but left its longer-dated positions unhedged, the company said in financial results on Tuesday, adding that it may look to sell its UK-based carbon holdings in the event of a no-deal Brexit.
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GHG Performance Advisor, BP – Sunbury, UK

Tue, 2019-03-12 20:12
This position will provide an expert level of leadership in the matter of GHG accounting and reporting for BP’s downstream segment including Refining, Petrochemicals, Lubricants, Fuels, and Offsetting services.
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NZ Market: NZUs rise to 1-month high on healthy demand

Tue, 2019-03-12 19:05
Interest in New Zealand carbon allowances flared up on Tuesday, pushing the spot contract up 15 cents to close at its highest level in a month.
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CP Daily: Monday March 11, 2019

Tue, 2019-03-12 08:01
A daily summary of our news plus bite-sized updates from around the world.
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Washington state lawmakers still deciding on LCFS vote ahead of looming deadline

Tue, 2019-03-12 07:37
Washington state representatives are currently deciding if a proposal to implement a low-carbon fuel standard (LCFS) will be put to a floor vote or extended ahead of a deadline this week, a legislative spokesperson told Carbon Pulse.
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Ontario cancels offset contract with Climate Action Reserve

Tue, 2019-03-12 07:29
Ontario has cancelled its contract with the California-based Climate Action Reserve (CAR) to develop offset protocols for the province's now-repealed ETS, a company official said.
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Climate Finance and Land Use Consultant, Climate Focus – Bogota

Tue, 2019-03-12 05:10
Climate Focus is seeking a climate finance and land use consultant to join our team in Bogotá Office. This is a full-time position with an expected start date in May 2019.
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