Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 47 min ago
Maine opens public comment period as it eyes finalising RGGI regulation
Maine’s Department of Environmental Protection (DEP) will begin taking comments on its revised post-2020 RGGI regulation on Wednesday after opting not to hold public hearings due to the coronavirus pandemic.
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EU Midday Market Briefing
EUAs once again flirted with sub-€20 levels on Wednesday despite the market comfortably absorbing a bumper auction, as data showed speculators were further building their net short positions.
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Guangdong doles out over 50,000 carbon offsets to bike-sharing company
One of China’s leading bike-sharing brands has become the first in the country to earn compliance grade carbon credits for its business.
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China ministerial pick seen as mixed bag for carbon market
China on Wednesday promoted vice minister Huang Runqiu to be its new ecology and environment (MEE) minister, a move observers say means preparation work for the national carbon market can continue but limits the ministry’s ability to shape policy.
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CP Daily: Tuesday April 28, 2020
A daily summary of our news plus bite-sized updates from around the world.
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ETS ‘fit for purpose’ for current EU targets, but may struggle long-term -report
The EU ETS is 'fit for purpose' to deliver the bloc's current climate objectives, even despite the effects of the COVID-19 coronavirus pandemic, but it will struggle to deliver the long-term ambitions under the European Green Deal in its current shape, according to a report released Tuesday.
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Green Deal the “compass” to guide EU’s post-virus recovery, urge Merkel, von der Leyen
German Chancellor Angela Merkel on Tuesday reiterated her support for a more ambitious EU emissions reduction target for 2030, and along with European Commission President Ursula von der Leyen urged fellow lawmakers to ensure that the bloc’s Green Deal is a central and guiding component of Europe’s post-coronavirus recovery plan.
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California gasoline consumption dips in January, cutting WCI carbon obligations
California gasoline consumption declined year-on-year in January while diesel sales rose over the month, but the statewide ‘shelter-in-place’ order implemented in March to quell the spread of the coronavirus is expected to cause those figures to plummet.
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Analysts double size of estimated 2020 EU ETS emissions drop from coronavirus
Emissions in the EU ETS this year will plunge by twice as much as previously thought, analysts have estimated amid predictions of a major economic contraction for the bloc in 2020 due to the coronavirus.
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New England ISO power data suggests Q1 emissions drop due to COVID-19
New England ISO (NE-ISO) electricity generation slid during the first quarter amid the COVID-19 pandemic, likely reducing entities' compliance obligations in the US Northeast RGGI ETS, data suggests.
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California legislators ask governor to resist climate policy rollback amid COVID-19
Three dozen California lawmakers asked Governor Gavin Newsom (D) on Monday to hold firm on environmental and public health regulations during the COVID-19 pandemic, citing industry attempts to utilise the virus outbreak to weaken those policies.
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Brussels puts off scrutiny of national climate roadmaps as several are late
Brussels will delay its assessment of the bloc’s 27 National Energy and Climate Plans (NECPs) initially scheduled by June, as four countries have not yet submitted their own roadmaps, Croatia’s environment minister said on Tuesday.
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EU Midday Market Briefing
EUAs dipped below €20 early on Tuesday amid a weakening technical outlook and sliding energy prices, but climbed back following a stronger auction.
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Guangdong the latest Chinese ETS to delay compliance over virus disruptions
China’s Guangdong province will delay the annual compliance deadline for companies in its emissions trading scheme by two months, the government said Tuesday, giving local emitters more time to finalise 2019 data verification.
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EU’s 2030 GHG cut goal should be 65%, says EU Parliament’s lead climate envoy
The EU should raise its 2030 emission target to a 65% cut under 1990 levels to align with the Paris Agreement, according to the lead lawmaker on the issue for the EU Parliament, setting an ambition marker far higher than Brussels is planning.
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Offset deliveries to Australia’s ERF rise in April despite COVID-19 restrictions
Carbon credit deliveries to the Australian government’s Emissions Reduction Fund (ERF) rose in the first three weeks of the month, Clean Energy Regulator data showed Tuesday.
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CP Daily: Monday April 27, 2020
A daily summary of our news plus bite-sized updates from around the world.
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Project Manager, Energy, Environment and Resources Department, Chatham House – London
We are looking for an enthusiastic bilingual English-Mandarin individual to join the department as a Project Manager on a full-time basis. The ideal candidate will be a deeply committed, established leader on climate governance issues or related sustainability issues.
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Carbon Footprinting Consultant, Engie Impact – London
As Carbon Footprinting Consultant within our Advisory department, you will contribute to develop its activities worldwide by delivering international consultancy services related to sustainability and zero carbon roadmaps for a variety of clients: industrials, enterprises, airports, ports, cities etc.
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Junior Registry Manager, South Pole – Medellin/Bogota
In this role you will be working within our Portfolio Management team and your responsibilities will extend to all registry-related activities, such as ensuring efficient and accurate delivery of carbon credits and RECs to our broad base of clients, and coordinating with our Project Development team for project compliance, registration and issuance.
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