Carbon Pulse

Project developer and advisory firm Bluesource has hired a carbon market and renewable energy expert to drive its voluntary offset business.

China’s top generators risk losing nearly $400 billion in stranded assets by 2040 if they don’t step up the retirement rate of coal-fired power plants, a report said Wednesday.

California Low Carbon Fuel Standard (LCFS) average monthly prices retreated in September from all-time highs in August, while the total volume transacted trended in the opposite direction to notch a yearly high.

Observers remained sceptical of the long-term impacts of President Donald Trump's decision Tuesday to order the US EPA to promulgate a regulation mandating the currently banned year-round sales of 15% ethanol blends (E15)

EU carbon prices fell sharply for the second straight day on Wednesday, hitting a three-week low and closing below €20 for the first time this month.

An Alaska project is set to be issued nearly 15 million credits on Wednesday by the California Air Resources Board (ARB), which would mark the largest offset project issued in the history of the state’s offset programme if approved by the regulator.

Two former senior UK ministers from opposing parties on Wednesday urged Britain to install a carbon tax to replace its EU ETS obligations post-Brexit, bolstering support for the option.

Australia’s rising emissions could add to carbon credit demand from emitters regulated by the Safeguard Mechanism, but a repeat of last year’s price spike is unlikely as the market is better prepared this year, according to observers.

Indonesia will next month weigh four carbon pricing options to help meet its Paris obligations, including a full-fledged emissions trading scheme for its power and industry sectors.

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

California Carbon Offsets (CCOs) were held in Ontario-registered accounts when the government opted to cancel the province's carbon market and freeze all trading, an Ontario government official confirmed on Tuesday.

EU carbon prices fell by more than a euro amid declining energy prices and technical selling on Tuesday, continuing the previous session’s slide back from a two-week high.

Climate policy featured as one of the contentious topics during California’s lone gubernatorial debate on Monday as the leading candidate suggested he would use increased measures to curb fossil fuel use in the state if elected next month.

The US Supreme Court on Tuesday refused to grant a request to reconsider an Obama-era ban on potent heat-trapping gases, aligning with the Trump administration’s position on throwing out the appeal.

EU environment ministers on Tuesday were unable to agree on raising the bloc’s 2030 emission reduction goal this year, though 15 of the 28 called for an increase before the end of the decade.

The Regional Greenhouse Gas Initiative (RGGI) will auction off 13.4 million allowances at the Dec. 5 auction, regulators announced Tuesday.

Denmark will cancel 8 million EUAs next decade by applying a provision that allows a club of richer EU member states to help meet their non-ETS goals more cheaply, according to a report released Tuesday.

A Netherlands court on Tuesday rejected the government’s appeal against a 2015 ruling that ordered it to set a deeper emission reduction goal, a judgement that potentially establishes a global precedent in holding a state responsible for taking necessary steps to prevent dangerous climate change.

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

European carbon prices topped €22.50 for the first time in two weeks on Monday, but ended in the red after news was published suggesting the UK is unlikely to stay in the EU ETS post-Brexit.