Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 48 min ago
Manager, Market Monitoring Section, California Air Resources Board – Sacramento
The Climate Change Program Evaluation Branch is seeking a manager to lead the Market Monitoring Section, which oversees the California Cap-and-Trade Program and plays an integral role in the continued development and evaluation of the emissions market.
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Coronavirus-induced power trend likely to impact RGGI, GWSA allowance bank adjustments
Two Northeast US power sector carbon programmes may see higher future bank adjustments due to the effect of widespread ‘shelter-in-place’ orders to stem the COVID-19 outbreak, regulatory sources said.
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US judge delays hearing challenging WCI cap-and-trade linkage
A federal judge agreed on Monday to move a pre-trial conference for the US federal government’s Constitutional challenge to the California-Quebec ETS linkage as the Department of Justice (DOJ) considers an amendment to its complaint.
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RFS Market: RIN prices gap higher on greater refiner demand
US biofuel credits (RINs) surged nearly 15% Monday on reported strong demand from obligated parties despite several uncertainties hanging over the Renewable Fuel Standard (RFS) market.
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*NEW PODCAST*: CARBON PULSE CONVERSATIONS
Being confined to our homes with the wider world firmly under lockdown due to the coronavirus, we have started a podcast: Carbon Pulse Conversations. Check out our first episode!
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Ukraine flags concerns over “extremely sensitive” EU carbon border tax plan
A Brussels plan to impose a carbon price on imports may have widespread consequences for Ukraine's industry, the country has said, giving the clearest signal yet that the EU's neighbours are beginning to show concerns over the potentially divisive measure.
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Hawaii CO2 tax legislation faces uncertain future amid COVID-19 pandemic
Hawaii legislators’ plans to approve a carbon levy proposal this year are in doubt due to the COVID-19 pandemic, but the economic fallout from the virus outbreak could present an opportunity to raise critical revenue for the tourism-dependent US state, the bill sponsor told Carbon Pulse.
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UPDATE – Estonia looking into EU ETS exit over soaring power prices -state media
Estonia is investigating whether it can cease participation in the EU carbon market in order to ease the country's power prices, its finance minister has said.
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EU Midday Market Briefing
EUAs raced up more than €2 to top €20 on Monday as wider European markets rallied on signs of a slowdown in coronavirus cases, even as oil prices declined.
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Stronger ETS might work better than New Zealand’s oil ban -commissioner
Strengthening New Zealand’s ETS, especially in regards to free allocation, might be a better way to cut emissions than the controversial ban on new oil and gas exploration, according to an environmental watchdog.
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Climate Change Lead, Royal London – London
This is a transformational role, driving response, alignment and adjustment to the crucial implication of climate change and how they impact the operating model and propositions. The right individual will be extremely knowledgeable about climate change and will embrace the visionary task with passion, energy, and intellectual rigour.
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Consultant Climate Policy and Carbon Pricing, South Pole – Mexico City/Bogota
As part of the Climate Policy and Carbon Pricing practice within the Consultancy & Services Unit, you will focus on the delivery of high quality consultancy advice on climate change policies and carbon markets for Latin American and international clients, and be responsible for the management of small project teams.
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Senior Manager, Climate Program, The Ocean Conservancy – Washington DC
Ocean Conservancy’s climate program is expanding. The senior manager will help build, shape, and execute its work, which will include creating and implementing climate and ocean-climate initiatives and increasing demand for action.
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Head of Green Products, South Pole – Zurich/London/Stockholm/Sydney/Amsterdam/New York/Berlin/Frankfurt
At South Pole, a leading climate solutions company, we are very excited to announce that we are looking for a Head of Green Products. This person should be an inspiring and passionate thought leader to unleash the full power of our existing Green Products team and continue to build on our market successes for the years ahead.
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Head of Carbon Offering, South Pole – London/Stockholm/Amsterdam/Berlin/Frankfurt
You will manage our Portfolio Management team and will be responsible for overseeing and developing business for the sales of carbon credit for the voluntary market. You will work in coordination with our Projects and Marketing teams to draft proposals in order to meet Corporate Social Responsibilities (CSR) needs.
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CP Daily: Friday April 3, 2020
A daily summary of our news plus bite-sized updates from around the world.
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WCI compliance holdings grow in Q1 as allowance surplus rises
A bulk of the Q1 WCI auction volume remained in entities' general accounts amid uncertainty in the secondary market, while regulated parties continued to deposit allowances into compliance accounts for future obligations, according to the California-Quebec programme's Compliance Instrument Tracking Service System (CITSS) report released on Friday.
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Speculators make further cuts to California carbon holdings, data shows
Speculators pared back their California Carbon Allowance (CCA) position for a third straight week, as compliance entities also saw their holdings decrease amid the March contract expiry date, US Commodity Futures Trading Commission (CFTC) data showed Friday.
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EU states, UK dish out 54 mln more free EUAs for 2020
EU member states and the UK handed out more than 54 million additional free carbon allowances to industrial emitters over the past two weeks, according to updated data released late Friday by the European Commission.
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NA Markets: California prices plummet to $12 on further volatility
California Carbon Allowance (CCA) cratered to $12.00 on Friday morning after an additional sell off, though bargain hunters quickly brought values back close to the previous day’s settlement.
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