Carbon Pulse

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

A technical panel at UN aviation agency ICAO has settled on recommendations for how to calculate emission benefits from airlines' use of cleaner fuels - rules that will help determine the sector's carbon credit demand under the CORSIA offsetting mechanism.

California offset project developers believe a lack of certainty regarding how credits can show a "direct environmental benefit in the state" (DEBs) in the post-2020 cap-and-trade programme may yield near-term market impacts. 

California-Quebec’s upcoming current vintage auction will sell out within a few cents of the floor price, while the future vintage auction will fail to fully subscribe due to limited interest, traders polled by Carbon Pulse said.

Trading firm Hartree Partners has parted ways with its head of carbon advisory, Carbon Pulse has learned.

European carbon prices firmed on Tuesday after a decent auction result, but sellers thwarted further gains and traders warned of more downside ahead.

South Africa’s parliament on Tuesday approved the country’s long-awaited carbon tax bill, clearing a key hurdle in keeping the measure on track to enter into force this spring.

EEX is enhancing the way it reports open interest figures for its EU emissions derivatives markets, the exchange told Carbon Pulse on Tuesday, after some of its members claimed its existing practices yielded misleading data.

One of New Zealand’s top emissions trading experts and a member of the government’s interim Climate Change Commission is leaving to take up a position in New York.

Tokyo ETS emitters shaved another 100,000 tonnes off their annual CO2 output in FY2017, the metropolitan government announced Tuesday, in a programme where almost 80% of the participants have already met their 2019 targets.

Norway is ready to make its first payment to Indonesia under the two nations’ 2010 agreement to halt deforestation, after the South East Asian nation reported a drop in greenhouse gas emissions from deforestation in 2017.

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

Projects aiming to use a new CCS protocol under California’s Low Carbon Fuel Standard (LCFS) offer great potential, though are not likely to generate credits until the middle of the next decade, experts told Carbon Pulse.

Positioned as a highly respected organisation that will continue to have real impact and influence on climate change mitigation in Australia, the CMI is now at an exciting time in its evolution and is looking for a commercially astute Chief Executive Officer (CEO) to build on the strong reputation of the organisation and to lead and inspire its growth.

Key to the role will be the development and delivery of an innovative and high profile ‘Carbon Neutral Tea’ value chain project in Kenya in partnership with a number of large international donors.

UNIQUE is seeking to recruit an international climate and land use expert with experience in REDD+ readiness and implementation, and proposal development for public funding sources related to climate change and sustainable land use.

An opportunity to work on Technical documentation and procedures of various carbon market mechanisms including Clean Development Mechanism (CDM).

An opportunity to work on Technical documentation and procedures of various carbon market mechanisms including Clean Development Mechanism (CDM).

European carbon sank back to €20 on Monday, with analysts and traders warning that EUAs could fall further as gas prices continue to decline and investors take profits.

The UK has undershot its domestically-binding 2013-2017 carbon budget by 14%, but the government should not carry forward any of that surplus to meet its future targets to ensure the country meets its long-term goals cost-effectively, its expert advisers said on Monday.