Carbon Pulse

California’s Air Resources Board (ARB) does not plan to present its board with additional changes to its proposed cap-and-trade amendments at a November meeting, a senior ARB official said on Tuesday.

The Canadian federal government on Tuesday announced it will fully or partially implement its ‘backstop’ carbon pricing plan next year on five provinces that are resisting Ottawa’s efforts to set out a carbon tax or ETS.

Mexico has released details of its three-year cap-and-trade pilot programme, which will begin in 2019 and feature some of the same mechanisms used by other North American carbon markets.

The UK’s climate minister Claire Perry on Tuesday said her ministry is examining how to eventually set up a standalone ETS under a ‘no deal’ Brexit scenario, the clearest sign yet of Britain's preferred direction on carbon pricing.

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EUAs continued their downward run on Tuesday, dropping well below €19 and failing to rebound despite a strong auction.

South Korean carbon allowances on Tuesday climbed to a three-month high as buyers begin to pick up available volumes after a lengthy post-compliance slumber in the world’s second-biggest carbon market.

Moderates in Australia’s ruling Liberal party are reportedly pushing for a A$1-billion ($700 mln) cash injection for the Emissions Reduction Fund (ERF), but the programme needs major reform to revitalise, analysts said Tuesday.

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

Biofuel credits under the US Renewable Fuels Standard (RFS) continued their year-long plunge on Monday as a suite of news about future efforts to reform the federal programme next year caused prices to dip below 10 cents.

The Canadian government will on Tuesday reveal which provincial and territorial carbon pricing plans it has deemed adequate, and which jurisdictions will face the federal 'backstop' programme.

California cap-and-trade participants argued the Air Resources Board’s (ARB) approach to post-2020 price collars are in conflict with the state's overarching legislation, while stakeholders are also pushing for a more expansive definition for in-state offsets to increase future supply, according to public comments.

EU carbon prices dropped back to €19 on Monday despite a strong auction, as market participants digested news that data suggesting a recent surge in bullish bets had misled the market.

The President of the California Council for Environmental and Economic Balance (CCEEB) is responsible for all aspects of CCEEB’s endeavors.

At this pivotal point in the Fund's development, we are looking for the Executive Director to lead the Secretariat in it's ambitious agenda.

Two more South Korean CDM projects, collectively capable of yielding more than 1.2 million CERs annually, have been de-registered by their owner, the electronics giant Samsung.

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Mining giant BHP Billiton on Monday renewed its call for Australia to put a price on emissions, adding pressure on the government, which on Saturday lost its majority in the lower house after a by-election defeat against an independent candidate running on a climate change platform.

Romania has joined Poland in a formal request asking Brussels to investigate the recent massive run-up in EU carbon prices.

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