Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 45 min 50 sec ago
EU needs a ‘real’ CO2 removal policy on path to net-zero, say researchers
The EU must start paying attention to research and development for CO2 removal methods if it wants to reach its climate neutrality target, a study presented on Thursday found.
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CARBON PULSE CONVERSATIONS 014: MexiCO2
In the latest edition of our Carbon Pulse Conversations podcast, we chat with Eduardo Piquero, general director of Mexico City-based environmental consultancy MexiCO2, regarding carbon pricing developments at the national and subnational level in Mexico.
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Switzerland eyes reverse VAT charge mechanism on more types of CO2 credits to prevent tax fraud
Switzerland has proposed introducing a reverse charge mechanism for VAT on more types of emissions trading in an effort to prevent tax fraud.
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EU opens call for projects under €1 bln Innovation Fund
The European Commission on Friday launched the first call for projects under the Innovation Fund, after the timeline for auctioning the initial 50 million EUAs to finance the scheme was released this week.
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German Bundestag adopts coal phaseout act, setting shutdown for 2038
The German Parliament’s lower chamber voted on Friday to pass a sweeping act signalling the end of coal power in the country by 2038 and teeing up the cancellation of EUAs to offset the impact.
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CN Markets: Pilot market data for week ending July 3, 2020
Closing prices, ranges and volumes for China's regional pilot carbon markets this week.
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SK Market: KAUs drop to 10-mth low on sentiment, steady supply
South Korean carbon allowances on Friday fell below the 30,000-won mark for the first time since last September, as a bearish outlook and a steady stream of supply weigh on prices.
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EDF raises 2020 French nuclear output target
Utility EDF on Friday upped its French nuclear generation target for 2020 by 5-8%, projecting shorter planned outages at its fleet of 58 plants in the country through the rest of this year.
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CP Daily: Thursday July 2, 2020
A daily summary of our news plus bite-sized updates from around the world.
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Climate Change On Farm and Inventory Manager, MPI – Wellington, NZ
New Zealand's Ministry for Primary Industries (MPI) is looking for a manager for one of its domestic climate change teams. The position is based in Wellington City.
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Policy Advisers, International Climate Change, Energy and Environment, HM Treasury – London
This is an exciting time to be working on International Climate Change policy! Would you like to join a team at the heart of the decision making in one of the Government's top priority areas? We are looking to recruit two Policy Advisers to join the International Energy and Climate Change branch of the Trade Policy Team within HM Treasury.
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Canada identifies eight project types for federal offset protocol development
The Canadian environment ministry on Thursday released a shortlist of project types for development under the federal offset system, as it clarified several other aspects of its protocol work under the ‘backstop’ output-based pricing system (OBPS).
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RFS Market: RINs dip on report that US EPA to delay biofuel quota publication
US biofuel credit prices (RINs) unwound some of their recent gains on Thursday after a news outlet reported the EPA will indefinitely delay publication of next year’s biofuel volumes under the Renewable Fuel Standard (RFS).
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NA Markets: CCAs flatten on reduced demand as RGGI hits 14-mth high
California Carbon Allowance (CCA) values stagnated below the WCI floor price on the secondary market this week, while RGGI allowances (RGA) rose to a 14-month high above the Emissions Containment Reserve (ECR) despite thin demand.
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Tamaulipas becomes latest Mexican state to approve a carbon tax
The Tamaulipas Congress passed an $11/tonne carbon tax this week that will take effect in 2021, continuing the growing trend of Mexican states installing CO2 levies in response to the federal government's energy policy.
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EU Market: EUAs hold above €27, retaining gains despite supply bump
EUAs recovered from an early drop to hold above €27 on Thursday, staying in touch with the previous session's 11-month high and shrugging off news of a supply injection over the rest of the year.
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Reported Japan coal shutdown could make major dent in CO2 emissions
Japan is planning to close or mothball up to 100 coal-fired power plants, according to unconfirmed media reports Thursday, a move observers say could slash the nation’s CO2 emissions as much as 9%.
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Market Trading Risk Manager, Genesis Energy – Auckland
Genesis is looking for a trader for the team managing electricity derivatives, carbon obligations, and fuel hedges.
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Australia opens for plantation forest carbon projects in five regional hubs
Australia has made it easier for plantation forests in high rainfall areas across five regional hubs to register as offset schemes and earn carbon credits under the Carbon Farming Initiative.
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CP Daily: Wednesday July 1, 2020
A daily summary of our news plus bite-sized updates from around the world.
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