Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 38 min ago
Carbon consultancy offering ‘Corona Credits’ to offset emissions reduced by global virus lockdown
*FREE READ* - A new carbon consultancy is calculating the global greenhouse gas emissions being saved by people working from home due to the coronavirus outbreak, and it is packaging and selling the reductions as voluntary carbon offsets.
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CP Daily: Tuesday March 31, 2020
A daily summary of our news plus bite-sized updates from around the world.
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Massachusetts generators achieve compliance with in-state ETS for 2019
Massachusetts power plants complied with the state’s annual CO2 limit under the Global Warming Solutions Act (GWSA) cap-and-trade programme, an official confirmed to Carbon Pulse.
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Project Manager, FTE, Ecosystem Services Market Consortium – Remote
ESMRC seeks a Project Manager to ensure consistency and coordination across the interrelated roles of protocol adaptation and refinement; pilot project oversight, planning and execution; and certification of ESMC protocols and credits, as well as programmatic certification.
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Research Director, FTE, Ecosystem Services Market Consortium – Remote
ESMRC seeks a Research Director (FTE contractor) to ensure consistency and coordination across Working groups, R&D projects, and pilots/field demonstrations, and to provide the needed technical support for Working Groups and proposal development, monitoring and reporting of outcomes.
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Fuel tax better than EU ETS for vehicle emissions, says former top climate official
Extending the scope of the EU ETS to cover road transportation may not be the most suitable idea to tackle pollution from cars, a former EU top climate official said on Tuesday.
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EU ETS emissions plummeted by 8% in 2019 -analysts
Verified emissions in the EU ETS fell by around 8% in 2019, a team of analysts predicted on Tuesday, adding to estimates that the bloc's carbon market saw the largest drop in greenhouse gas output in a decade.
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TCI carbon market plans advancing during COVID-19 outbreak, but delays may be coming
The US Transportation and Climate Initiative’s (TCI) final Memorandum of Understanding (MOU) remains on track for completion this spring, but the coronavirus pandemic is likely to postpone the future approval of the proposed regional fuel sector cap-and-trade programme, regulatory sources said.
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Trump administration finalises rollback of national vehicle CO2 standards
The US federal government released its final rule for vehicle fuel economy and emission standards on Tuesday for the next six years, a move that is estimated to increase transportation sector CO2 emissions by nearly one billion more tonnes compared to Obama-era regulations and setting up a legal showdown with Democrat-led states.
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Germany seeks EU court ruling on extent of CHP plants’ ETS coverage
Germany has asked the EU’s top court to decide whether installations with adjoining facilities covered by the country’s anti-pollution laws should also be included in the EU carbon market.
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Canada holds firm on ‘backstop’ CO2 tax increase amid coronavirus pandemic
Ottawa will go ahead with Wednesday's scheduled rise of its federal carbon levy, maintaining the revenue-neutral tax will financially benefit most Canadians at a time of economic turmoil due to the COVID-19 outbreak.
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EU Midday Market Briefing
EUAs topped €18 for the first time in two weeks early on Tuesday, as a strong auction and rebounding energy prices spurred bulls.
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Director for Power, Gas, Coal and Carbon, Refinitiv – London
Refinitiv is looking to appoint a business owner for the global power, gas, coal and carbon markets. As a member of the Trading Customer Proposition function, the role has direct responsibility for increasing customer satisfaction, growing revenue and taking market share.
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EU carbon analyst bulls cut price forecast for second time this month
One of the market’s most bullish analyst teams has slashed their forecast for EU carbon allowances for the second time this month, as the wave of coronavirus-led EUA price downgrades continues.
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Manufacturing expands in China, power tipped to follow
China is showing signs of economic recovery with government data released Tuesday showing the manufacturing industry expanded in March and analysts expecting power demand to return to growth as well.
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New Zealand emitters get 4-week extension on ETS reporting
Companies covered by the New Zealand emissions trading scheme can get a 4-week extension on the Mar. 31 deadline to report 2019 emissions amid the coronavirus outbreak, the EPA has said.
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CP Daily: Monday March 30, 2020
A daily summary of our news plus bite-sized updates from around the world.
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Senior Manager, Climate and Financial Regulation, Ceres – Washington DC/Boston
This position is designed for a highly motivated, self-starter with prior policy campaign experience looking to be an advocate for strong and effective federal climate and clean energy policies.
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Sustainability Research Analyst, Saudi Aramco – Saudi Arabia
You will be responsible for generating climate and sustainability-related insights (whitepapers, outlook reports, etc.) to support the senior leadership in making strategic business decisions. This role includes providing climate and sustainability-focused market and industry intelligence and insights to advise senior-level decision-makers in global investment and international business decisions.
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Speculators opened California CITSS accounts before allowance price drop, data shows
Eighteen entities opened WCI Compliance Instrument Tracking System Service (CITSS) accounts in the California carbon market during the first quarter as 16 participants closed theirs, data from state regulator ARB showed Monday.
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