Carbon Pulse

Australia is within its rights to use carryover Kyoto credits to meet its Paris goals, but experts find it hard to believe a Labor government would do so because the move would be seen internationally as undermining the Paris Agreement.

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

UN aviation body ICAO’s Council approved broad emissions unit criteria on Tuesday under its CORSIA global offsetting mechanism, placating green groups that had warned the body against making changes that could undermine the programme’s environmental integrity.

Two Indeck RGGI facilities are reportedly in compliance with the northeast programm’s interim compliance deadline after shifting allowances between company-owned accounts, an official confirmed to Carbon Pulse.

EUAs hit a fresh one-month high on Tuesday before slipping back into negative territory below €23 to end a seven-session bull streak that had seen carbon add 25%.

Germany is unlikely to cancel EU carbon allowances to fully match the emission reductions caused by its coal phaseout because calculating the impact will be too complex, a member of the country’s coal commission said on Tuesday.

Ministers from nine EU nations backed a net zero 2050 pathway for the bloc on Tuesday, adding pressure for EU leaders to set an ambitious trajectory for EU climate policy later this year.

Many emitters in the EU ETS face a rude awakening in the next two years when their compliance borrowing habits catch up with them and they are forced to finally buy the allowances they need, experts have warned.

All power plants regulated under Massachusetts’ Global Warming Solutions Act (GWSA) cap-and-trade programme complied at the first annual compliance deadline, a Massachusetts Department of Environmental Protection (MassDEP) official confirmed to Carbon Pulse.

Alberta could see higher emissions and lower offset demand in some sectors if the poll-leading opposition party alters the Canadian province’s carbon pricing policy for large installations, economists and market participants said.

Climate and Clean Energy Policy Manager Are you inspired by work to create and craft climate policy and do you want to advocate for action as part of a smart and dynamic organization? WEC seeks a Climate and Clean Energy Policy Manager to advance policy and campaigns that reduce climate pollution in an equitable way […]

China risks failing to cut emissions through its national emissions trading scheme if it opts for rate-based CO2 caps based on production levels, according to an academic paper.

We are looking for a dynamic policy fellow to join the PCAN team. Based in London, but working closely with PCAN partners in Belfast, Edinburgh and Leeds, the successful candidate will undertake policy analysis on local climate issues, liaise with researchers and engage with stakeholders in the public, private and third sectors.

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

The New York Independent System Operator (NYISO) could delay a vote on imposing a carbon charge in its wholesale power market after it sought additional analysis on the proposed policy, an official told Carbon Pulse on Monday.

Five RGGI compliance entities in the northeast US RGGI cap-and-trade programme failed to surrender sufficient allowances to meet their interim 2018 obligations, according to public reports.

California regulators should factor in the state’s long-term climate goals as they assess ways to increase the safety and reliability of Pacific Gas & Electric’s (PG&E) natural gas and power businesses, numerous stakeholders said.

European carbon prices rose for a seventh day on Monday, rising 4% to clear €23 as the latest rally shows no sign of abating.

Australia’s opposition Labor party is positioning itself ahead of the May election as the more ambitious option on climate change, but even they might use the nation’s huge surplus of emission units from the UN Kyoto Protocol period to meet the country's 2030 obligations under the Paris Agreement.

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