Carbon Pulse

RGGI allowance (RGA) prices fell by double digits this week as activity finally returned to the secondary market, while California Carbon Allowance (CCAs) separated from the 2019 price floor amid a surge in buying. 

EUAs rose to test €24 on Thursday as financial markets drew some comfort from UK lawmaker efforts to stave off a hard Brexit.

A group of former heads of the US federal reserve, Nobel Laureate economists, and past presidential advisors called for a revenue-neutral carbon tax on Thursday, coming as the appetite for climate action in Washington builds in the new Congress.

The general public in both rich and poor countries has a consistently high level of support for a carefully designed global carbon tax, a survey found.

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

The US EPA’s plan to propose the year-round sale of 15% ethanol blends and reforms to the Renewable Fuels Standard (RFS) could be delayed if the federal government shut down drags on for a prolonged period, acting agency chief Andrew Wheeler said Wednesday during his confirmation hearing.

California utility Pacific Gas & Electric’s (PG&E) possible bankruptcy is unlikely to dramatically alter power sector emissions or the supply-demand balance in the WCI cap-and-trade programme despite potentially dampening renewable energy growth, two climate researchers told Carbon Pulse.

Two Montana state representatives introduced separate CO2 tax proposals this month, with one bill utilising offsets as a compliance option and the other setting GHG targets for the US state.

EUAs climbed to a seven-day high on Wednesday as colder weather prospects and a bullish result in an oversized Polish auction lifted the energy complex amid wider Brexit uncertainty.

Analysts have trimmed their near-term EU carbon price forecasts following last year’s massive gains and amid Brexit uncertainties and a general lacklustre start to 2019, according to a poll of 12 experts conducted by Carbon Pulse.

Global clean energy investments fell 8% in 2018 to $332.1 billion as a solar panel production glut slashed prices and China cut subsidy access, according to researchers BloombergNEF (BNEF).

Commercially minded yet analytical, the Portfolio Manager will have the responsibility to construct and tailor bespoke voluntary carbon portfolios for new and existing clients, develop wholesale business engaging with clients directly, and participate in buying activities end to end from price negotiation through to delivery.

Working with the wider team you will oversee the generation of new leads and the delivery of sales promotion campaigns to support business development across our Oxford, Nairobi and India offices.

South Korean project developers continue to identify and launch new CDM projects for use in the domestic ETS despite lingering uncertainty over the mechanism’s future and their government being outmanoeuvred at UN climate talks.

The City of Adelaide are currently seeking an experienced Technical Specialist to join our Sustainability team. This is a role where you can feel like an ambassador for the city, and make a genuine impact on the future of one of the world’s most liveable cities.

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

A Massachusetts state senator will once again pursue legislation to implement an economy-wide carbon pricing scheme and a low-carbon fuel standard (LCFS) amid increasing support from the executive branch and regional partners to install market-based systems to reduce emissions.

Global traded carbon volumes rose 45% in 2018 to a five-year high of 9.1 billion tonnes as the dominant EU ETS market notched stellar price gains, Refinitiv analysts said in an annual market review on Tuesday.

UK lawmakers overwhelmingly rejected negotiators’ Brexit deal late on Tuesday, triggering a vote of no confidence in Prime Minister Theresa May and prolonging the uncertainty over Britain’s future relationship with the EU and its carbon market.

The Trump Administration’s proposed Affordable Clean Energy (ACE) rule may increase emissions for some coal-fired power plants and states by 2030 compared to implementing no emission policy at all, according to a new report.