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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 15 min ago
Evolution Markets loses long-time US emissions broker
Evolution Markets has lost its US Carbon Americas Director and experienced broker from its New York City office, several sources confirmed to Carbon Pulse.
Categories: Around The Web
Netherlands climate plans face rocky road as greens withdraw backing
The Netherlands faces a turbulent year in agreeing to plans to meet its 2030 domestic emission target, as green groups have withdrawn their support for a draft because it failed to include a carbon tax for heavy industries while setting a lower carbon price floor for the power sector.
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Japan’s Chugoku, JFE Steel cancel coal plans amid concerns over profitability
Chugoku Electric Power Co. and JFE Steel have given up on plans to build a 1.07GW coal-fired power plant over concerns the facility might prove unprofitable, the seventh planned coal plant to be scrapped in Japan over the past 18 months.
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ENB Writers, IISD – Various Locations
The International Institute for Sustainable Development, Reporting Services Division (IISD RS), is looking for new writers for its team of freelance consultants (the “ENB Team”) who write and edit the Earth Negotiations Bulletin and IISD’s other conference reporting (ENB+) services.
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CN Markets: Pilot market data for week ending Dec. 28, 2018
Closing prices, ranges and volumes for China's regional pilot carbon markets this week.
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California dishes out nearly 680k offsets in year’s final issuance
California regulator ARB divvied out nearly 679,500 California Carbon Offsets (CCOs) this week in the last issuance of 2018, as a single forestry project developer took home most of the credits.
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CP Daily: Friday December 21, 2018
**CP Daily will not be published between Dec. 22 and Jan. 1. Carbon Pulse will file stories and send out CP Alerts on merit during that period. Regular coverage will resume Jan. 2. Happy holidays to all our readers!** Presenting CP Daily, Carbon Pulse’s free newsletter. It’s a daily summary of our news plus bite-sized […]
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Supply of Colombian tax-eligible carbon credits quickly being exhausted
Emitters have surrendered more than 55% of all Colombian offsets issued to date against the country’s carbon tax, data compiled by Carbon Pulse shows, suggesting the market for the units is being squeezed as demand drastically outpaces supply.
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COP24: Failed Article 6 text offers glimpse of Paris-era emission trade
Governments will in early 2020 revisit negotiations for rules covering international emissions trade, recycling much of last week's failed Paris Agreement Article 6 text that gave wide scope for cross-border dealing.
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Maryland approves RGGI regulations ahead of 2019
Maryland has finalised its post-2020 RGGI Model Rule changes ahead of the new year, making it the fifth state to do so.
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WCI to offer nearly 90 mln current, future vintage allowances at Feb auction
California and Quebec will auction nearly 90 million current and future allowances on Feb. 20, including California’s remaining unsold volume.
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EU Market: Carbon stages late rally to finally break above €25
European carbon surged to a new three-month high late on Friday, finally topping €25 as it resumed its pre-holiday rally.
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New York expected to join regional transportation emissions programme -sources
New York is likely to join ten jurisdictions aiming to design a cap-and-trade to regulate emissions from the transportation sector by the end of 2019, multiple sources told Carbon Pulse.
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CN Markets: Pilot market data for week ending Dec. 21, 2018
Closing prices, ranges and volumes for China's regional pilot carbon markets this week.
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Australia reduces emissions projections, but remains far off track for Paris target
Australia on Friday released its annual emissions forecast to 2030, adjusting downwards expected GHG output over the next decade but still expecting to miss its Paris target by up to 760 million tonnes of CO2e over the 2020s.
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CP Daily: Thursday December 20, 2018
A daily summary of our news plus bite-sized updates from around the world.
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INTERVIEW: BC not ruling out offsets, tradable component under industry benchmark programme -Heyman
British Columbia is not ruling out a tradable component or the use of offsets in its carbon intensity benchmark programme for heavy industry, the province’s environment minister told Carbon Pulse.
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NA Markets: RGGI spikes on NJ cap announcement as WCI nears 2019 floor
Carbon prices on both North American coasts rose this week as New Jersey released its proposed cap for its re-entry into the RGGI market, while California Carbon Allowances (CCAs) nudged toward next year’s floor price.
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UPDATE – Canada further relaxes OBPS benchmarks, announces clean fuel standard target
The Canadian government will further relax the stringency of industry production benchmarks for certain sectors under its output-based pricing system (OBPS), the government announced Thursday, as it also revealed more information on the national clean fuel standard (CFS) beginning next decade.
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EU Market: Steady buying lifts EUAs back from early sell-off
European carbon closed down slightly on Thursday, though steady buying throughout the day lifted prices back from their morning lows below €24.
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