Carbon Pulse

Four companies have picked up 50% of the 128.6 million German carbon allowances auctioned in the first eight months of 2018, a new report shows.

Closing prices, ranges and volumes for China's regional pilot carbon markets this week.

Australia’s greenhouse gas emissions rose 1.3% in the year to Mar. 31, largely due to a massive increase in export-focused LNG production and despite a reduction in emissions from the power sector.

Australia’s Clean Energy Regulator issued 49,903 carbon credits this week, around half the recent average, while one more project finalised its delivery obligations with the Emissions Reduction Fund.

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

California regulator ARB approved a set of regulatory amendments to the state’s Low Carbon Fuel Standard (LCFS) late Thursday, strengthening the programme’s GHG targets through 2030 amid a plethora of other changes.

Regional Greenhouse Gas Initiative (RGGI) prices rose over course of the week to build on two-year highs reached earlier this month, while California Carbon Allowances (CCA) continued to decline on the secondary market.

EU carbon prices lifted above €20 on Thursday, as a stronger auction helped to claw back some of the heavy losses of the previous two sessions.

The spreads between the main EU carbon allowance futures have exploded this week to levels not seen in years, though traders and analysts were at odds over the reasons behind the big moves.

Alaska Governor Bill Walker (I) did not rule out implementing a carbon tax in the state during a press conference on Wednesday, which followed his appointed climate change committee calling for such a levy.

Various energy and trade organisations have asked a US federal court to block California from advancing its Low Carbon Fuel Standard (LCFS) regulations on the eve of a final vote, claiming the revised proposal violates the Constitution's dormant commerce clause.

Virginia has floated adopting an initial emissions cap that is more than 15% below its previous proposals, as the state works toward linking with the northeast US Regional Greenhouse Gas Initiative (RGGI).

Having now each filed in court their arguments against the Canadian federal carbon price, Saskatchewan and Ontario have revealed their hands and their arguments are weak, writes Nathalie Chalifour, an associate professor at the Faculty of Law, University of Ottawa and a member of the Royal Society of Canada’s College of New Scholars.

A senior carbon and power trader has left US investment bank Citi's London office to join commodities trading house Freepoint, Carbon Pulse has learned.

A veteran carbon expert has left project developer Sindicatum to pursue other opportunities, Carbon Pulse has learned, several months after the Singapore-based firm sold its US and Asian offset portfolios.

Stronger efforts to cut GHG emissions including triple digit carbon prices should be made to avoid global warming of more than 1.5C without relying on potentially more expensive or risky removal technologies, an analysis found Thursday.

A newly-launched New Zealand carbon fund is aiming at planting 150 million trees on marginal land under a business model that would see the fund and land owners split revenue from carbon credit sales in the NZ ETS.

New Zealand Prime Minister Jacinda Ardern has signalled she is ready to increase the ambition of the nation's emissions reduction target under the Paris Agreement, even as the country is preparing to meet a significant share of its existing goal through the international carbon market.

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

Reporting to the Business Development Team, this position will be responsible for supporting engagement with key stakeholders and partners within the Gold Standard Network Platform and other related programmes.