Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 16 min ago
Chief Executive Officer, Beyond Zero Emissions – Melbourne
BZE are now seeking a new Chief Executive Officer (CEO) to bring its technical roadmaps to life, open doors to new audiences and lift the profile of BZE to new heights as the urgency to respond to climate change surges.
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Financial participants trim California carbon position amid further price drops
Speculators cut California Carbon Allowance (CCA) holdings for a fourth straight week amid further volatile trading, with compliance entities growing their position, US Commodity Futures Trading Commission (CFTC) data showed Friday.
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Virus impact prompts Netherlands to delay carbon tax on ETS-covered industry -media
The Netherlands is to delay plans to impose a carbon tax from next year on industrial firms included in the EU ETS due to the coronavirus impact, national media said on Friday, citing unnamed cabinet sources.
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California’s carbon floor price set to rise by at least 5% in 2021, despite inflation cut
California’s ETS floor price next year is on track to rise sightly more than 5% despite inflation dropping month-on-month in March due to the COVID-19 pandemic, according to federal data released Friday.
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CN Markets: Pilot market data for week ending Apr. 10, 2020
Closing prices, ranges and volumes for China's regional pilot carbon markets this week.
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Draft China energy law pushes carbon emissions cuts, but vague on policy
China’s National Energy Administration on Friday published a draft version of the nation’s first-ever energy law, stressing the need to cut carbon emissions in its energy system and proposing to give renewables preferential access to the grid.
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CP Daily: Thursday April 9, 2020
A daily summary of our news plus bite-sized updates from around the world.
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NA Markets: California allowances retrace gains amid further volatility, RGGI finds support
California Carbon Allowance (CCA) prices ceded previous gains during another hectic week of trading as participants remain wary of how the COVID-19 pandemic will impact WCI emissions, while RGGI allowances (RGAs) maintained their recent bullish trend.
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Team Leader, Emissions Trading Scheme Compliance, NZ Environmental Protection Authority – Wellington
We are looking for a new team leader to join our Compliance, Monitoring and Enforcement (CME) group to lead, grow and develop our team responsible for CME activities with regards to the Emissions Trading Scheme that we administer under the CCRA.
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Nova Scotia to offer 640k carbon allowances at inaugural ETS auction
Nova Scotia will offer 640,000 permits in the cap-and-trade programme’s first auction on June 10, the Canadian province’s environment ministry announced Thursday.
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ANALYSIS: EU industry seeks to safeguard flow of free carbon units as virus impact skews
EU heavy industry is lobbying to ensure its allocation of free carbon allowances is maintained once production recovers from massive drops due to the coronavirus outbreak, business sources have told Carbon Pulse.
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Chile to implement CO2 budget, consider markets in updated NDC
Chile will aim to peak its GHG emissions in 2025 and set a carbon budget for the coming decade as part of its new UN Paris Agreement contribution submitted Thursday, as well as starting a public-private dialogue on how international emissions trading may help meet those targets.
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Several states postpone CORSIA reporting deadline as virus-decimated airlines plea for changes
At least three large nations have postponed CORSIA deadlines for their airlines to report 2019 emission data due to coronavirus disruptions, even as auditors insisted on Thursday that the checks can be completed with little difficulty.
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FEATURE: Verra aims for more streamlined process with in-house offset registry
Offset standard developer and manager Verra is seeking to cut red tape and costs for stakeholders in launching its own registry on Thursday, becoming the latest US-based organisation to administer its own system.
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EU Midday Market Briefing
EUAs hit a fresh one month high early on Thursday but sank back towards €21 in choppy trade following a weak auction and as wider markets fluctuated wildly on mixed news.
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NZ Market: NZUs get boost ahead of Easter break
New Zealand carbon allowances saw a second straight day of gains on Thursday, ending at a high ahead of the Easter break as the market continues to see support above NZ$24.
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CP Daily: Wednesday April 8, 2020
A daily summary of our news plus bite-sized updates from around the world.
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Canada moves to delay 2019 deadlines for ‘backstop’ large emitter programme
The Canadian environment ministry proposed Wednesday to delay the 2019 reporting and compliance deadlines for the federal ‘backstop’ output-based pricing system (OBPS), potentially giving large stationary emitters more time to procure offsets or surplus credits.
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California not considering change to ETS auction schedule, compliance deadline
California regulator ARB does not intend to alter its current cap-and-trade auction schedule or compliance deadlines as a result of the COVID-19 pandemic sweeping across the US, an agency spokesperson told Carbon Pulse Wednesday.
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California breaks two-year offset issuance streak as it mints zero credits
California issued no new offsets or reduced any invalidation periods this week for the first time in nearly two years, according to data published by regulator ARB on Wednesday.
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