Carbon Pulse

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

New Alaskan Governor Mike Dunleavy (R) formally disbanded his predecessor’s climate change committee on Friday, scuttling its recommendations for the implementation of a CO2 tax and sector-specific GHG reduction targets in the remote northern US state.

Governments this month risk adopting CORSIA international aviation offsetting scheme rules that have no climate benefit unless they impose both vintage and vulnerability limits on the carbon credits, researchers said on Monday.

European carbon allowances pared their losses on Monday after re-testing last week’s 2.5-month low in early trade, as talk of last-minute compliance buying and optimism around Brexit supported prices.

By now, you’ve probably seen the news about US Sen. Dianne Feinstein (D-CA). On Friday, she unveiled a sweeping draft resolution to set US climate change policy for decades to come, and major media outlets competently contrasted her resolution with the more ambitious but less detailed “Green New Deal” proposal. Oh, wait… sorry. Wrong universe.

California legislators, regulators, and academics will explore whether further actions should be taken to deal with the growing allowance surplus in the WCI cap-and-trade programme during the upcoming year, sources told Carbon Pulse.

The Green Climate Fund on Monday unveiled its new executive director and a global facilitator for its replenishment process, as the fund enters into crucial negotiations with donor countries over topping up its budget.

The Green Climate Fund is looking for a project management specialist who will be responsible for providing strategic and technical leadership for the on-going supervision and management of the Fund’s Projects/Programmes.

WRI is seeking a creative and multi-talented expert on China climate policy to fill the role of Climate Lead in its WRI China office.

The Associate Director, Global Resilience Practice (AD) will play a key role in defining the impact of the 100 Resilient Cities Challenge by helping a portfolio of cities in the region leverage the 100RC network as they create and implement resilience plans.

Australia’s ruling Coalition will boost the annual budget of the Emissions Reduction Fund by A$200 million ($143 mln) over the next decade, Prime Minister Scott Morrison announced Monday.

British Steel and other UK companies reportedly face hefty EU ETS bills due to Brexit-linked market safeguards, as the government continues to wrangle over its divorce from the bloc.

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

California state agencies kicked off the development Friday of a Clean Miles Standard (CMS) to reduce the carbon footprint of app-based ride-sharing companies, such as Uber and Lyft, but officials have yet to decide how a possible crediting programme might interact with the state’s Low Carbon Fuel Standard (LCFS).

A Washington state senator proposed a flat $15/tonne carbon tax on Thursday as part of a larger transportation funding package, potentially revitalising efforts to price CO2 in the Evergreen State after two separate initiatives failed last year.

EU carbon prices fell to a fresh 2.5-month low on Friday before finding support and crawling back towards €19 for a big weekly loss that pushed EUAs deeper into bear market territory.

Fossil fuel subsidies can drastically skew the overall impact of carbon pricing, according to new research that found the UK transport sector facing an net impact of more than £200/tCO2 (€230, $260) while some EU ETS-covered sectors face only £2.

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

Germany’s environment ministry wants to set a 2050 domestic emission cut goal of at least 95%, laying out its first draft Climate Action law as part of a law-making process that is likely to face heavy pushback.

Swiss firm South Pole has sold its majority stake in Australian carbon offset project developer Climate Friendly back to the company.