Carbon Pulse

The Western Climate Initiative (WCI) is set to commission a report this week to help it better account for cross-border compliance instrument transfers in the North American carbon market and demonstrate progress toward climate goals, including those outlined in the Paris Agreement.

Renewable Identification Numbers (RINs) prices under the US Renewable Fuels Standard (RFS) slid back to near single digits Monday as reports suggested President Donald Trump will announce year-round sales of 15% ethanol blends (E15) at a Tuesday rally.

New Zealand carbon allowances on Monday hit new all-time highs, although in small trades reflecting the shortage of available supply in the market.

When Japan-headquartered oil firm Inpex launches the two tranches of its Ichthys gas field this year and next, Australia’s Northern Territory will see its annual GHG emissions rise by over 40%, putting the nation further off track to meet its Paris Agreement obligations.

Vietnam has become among the first countries to signal it will adjust its Paris pledge at December’s climate talks, a change that would enable the rapidly-developing country to emit tens of millions of tonnes more GHGs by 2030 than previously pledged.

EIA is seeking a full-time Policy Analyst for its Climate Campaign, which centers on an award winning efforts to rid the world of the worst climate super-pollutants, including hydroflourocarbons (HFCs) which are thousands of times more destructive than CO2.

Uniper is looking for an entry-level advisor to help safeguard the company’s interests in energy, environment and climate policy within the political decision-making process in Brussels.

The world must cut CO2 emissions 45% below 2010 levels by 2030 and achieve net zero emissions by mid-century if it is to stand a chance of limiting global warming to 1.5C, the Intergovernmental Panel on Climate Change (IPCC) said Monday, in a report highlighting the far-reaching differences in impact between 1.5C and 2C of warming.

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

California Low Carbon Fuel Standard (LCFS) prices rose further above the $190 mark on Thursday, nearing record highs attained this summer.

Nearly 22.1 million California Carbon Allowances were retired or shifted into the Allowance Price Containment Reserve during the third quarter, according to state data.

European carbon prices rallied on Friday after another bullish auction result, hitting an eight-day high above €22 after busting through technical resistance.

Oregon state representative Knute Buehler (R) said he will eliminate the state’s Clean Fuels Programme (OCFP) if elected next month in the tight gubernatorial race, a political shift that could also jeopardise legislators’ cap-and-trade push in 2019.

The London Stock Exchange Group (LSEG) has hired a well-known carbon and climate finance specialist to spearhead its drive on green finance.

EU carbon prices will edge up towards the end of the year before climbing back above €25 for good in 2019, according to a poll of 15 analysts conducted by Carbon Pulse.

Australia’s Clean Energy Regulator doled out 297,582 carbon credits this week as big issuances to some forest projects pushed volumes up above average levels.

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

California Carbon Allowances (CCAs) reversed course this week after sliding over the second half of September, while the post-auction bull run in the northeast US RGGI market persisted as prices extended 2018 highs.

A group of Mid-Atlantic and Northeast US states are not discussing a low-carbon fuel standard (LCFS) to tackle transportation emissions as they remain focused on cap-and-trade, but a future system could take hold in the Midwest if Illinois signs on, experts said.

A Quebec-based carbon fund and US-based offset project developer and operator have entered into a long-term agreement to expand a mine methane abatement initiative at an Appalachian coal mine, the companies announced on Thursday.