Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 10 min 52 sec ago
Climate Strategy Director, League of Conservation Voters – US Remote
The League of Conservation Voters is looking for a climate strategy director, with the location of the job flexible.
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Traineeship Climate Policy & Carbon Finance, Climate Focus – Amsterdam/Rotterdam
Climate Focus is looking for a trainee to support its team with projects for their international clients, ranging from developing carbon offsetting strategies, designing mitigation projects (mainly in the forestry sector) as well as climate policies related to carbon markets, climate finance and carbon pricing under the framework of the Paris Agreement.
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NZ Market: NZUs extend record high again as supply remains unlocked
New Zealand carbon allowances rose to a fresh record high in Wednesday trade as sellers remain content to sit back and watch prices go higher, though some buyers are starting to find it difficult to follow, observers say.
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UK govt unveils details, launches consultation on post-Brexit carbon tax proposal
The UK government on Tuesday published details and launched a consultation regarding its plan to introduce a new, temporary carbon tax from next year should its post-Brexit emissions trading scheme not be ready.
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CP Daily: Tuesday July 21, 2020
A daily summary of our news plus bite-sized updates from around the world.
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Major California-based hedge fund opens RGGI account ahead of Q3 sale
A $2.5 trillion hedge fund has registered for a RGGI CO2 Allowance Tracking System (COATS) ahead of the Northeast power sector carbon market's September auction, marking its second entrance into US-based cap-and-trade programmes.
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Shipping to buoy EU ETS coverage by 8-9% -analysts
Including shipping in the EU ETS would increase the market’s scope by 8-9%, though the impact on allowance prices would depend on the sector’s emissions cap and level of free allocation, analysts said.
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California gasoline sales climb in May after hitting COVID-fuelled lows
California gasoline sales rebounded in May after sinking to historic lows in April amid the COVID-19 pandemic, likely mitigating some of this year’s demand destruction in the state’s WCI-linked ETS, according to federal data released Tuesday.
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Over 4 mln DEBs-eligible offsets awaiting ARB issuance, data shows
Additional compliance offsets that would meet California regulator ARB’s definition of having direct environmental benefits to the state (DEBs) are waiting for final approval, likely bolstering supply ahead of the WCI-linked carbon market's post-2020 period, according to registry data.
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RFS Market: RIN prices meander in July on lack of drivers
US biofuel credits (RIN) values are stagnating in July as the market awaits clarity on next year’s proposed Renewable Fuel Standard (RFS) volumes and compliance waiver requests.
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Vattenfall cuts fossil generation in H1 amid “challenging” market conditions, coal write-down
Swedish utility Vattenfall saw its fossil-based production fall by a third during the first half of 2020 due mainly to weak generation margins and "challenging" market conditions, it announced Tuesday.
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EU Midday Market Briefing
EU carbon prices rose along with wider financial markets on Tuesday, boosted by a deal on the bloc's next seven-year budget and a coronavirus recovery fund that was clinched overnight.
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Australian offset issuance, delivery dip as new financial year begins
New offsets issued by Australia’s Clean Energy Regulator and carbon credits delivered to the government’s Emissions Reduction Fund both dipped over the past two weeks after higher-than-usual activity in June, as the 2019-20 financial year came to an end.
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NZ Market: NZUs rise to new record high amid constrained supply
New Zealand carbon allowances hit a fresh all-time high in Tuesday trade, with prices being pushed up because potential sellers are holding on to their NZUs in the anticipation that prices will continue to rise.
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Study puts Queensland blue carbon potential at 5 MtCO2e
Australia’s Queensland could earn some 5 million carbon credits by reinstating tidal exchange in some 90,000 hectares throughout the Great Barrier Reef catchments, a study has found.
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CP Daily: Monday July 20, 2020
A daily summary of our news plus bite-sized updates from around the world.
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Latest EU budget compromise proposal sees Just Transition Fund halved
The latest proposal for a seven-year EU budget and recovery from the coronavirus crisis, currently being negotiated by member state leaders, may see funding for coal-dependent regions under the bloc’s Just Transition Fund slashed to under €20 billion, Carbon Pulse has learned.
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Senior Manager, State Policy, Ceres – Boston/Remote
The Senior Manager, State Policy position focuses on state-level climate, clean energy and clean transportation policy in the Midwest. This position is designed for a highly motivated, self-starter with prior policy experience looking to be an advocate for strong and effective state climate, clean energy, and clean transportation policies.
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ANALYSIS: California offset buyers get picky as probes shine light on registry checks
California offset buyers may become more choosy as a spate of non-compliance violations has drawn closer attention to the different ways that registries screen their projects.
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Market Development Specialist, Environmental Sustainability, Microsoft – Redmond, Washington
As part of our Sustainability Markets program, this position will design market-based solutions in carbon, water, waste, and ecosystems and will establish partnerships to support underfunded climate solutions. This position requires extensive cross-group coordination, strong financial acumen, a deep understanding of carbon markets and climate finance, excellent communication skills, and the ability to develop compelling data-driven insights and cross-industry initiatives.
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