Carbon Pulse

China’s industrial output fell 13.5% over January and February, the government said Monday, underpinning estimates that its emissions have been dented in the short term, while rapid COVID-19 spread in Europe and the US may slow China’s expected CO2-intensive recovery.

Independent Australian lawmaker Zali Steggall will delay the introduction of her climate bill scheduled for next week to leave the government room to focus on battling the COVID-19 virus.

The Carbon Market Institute has postponed its annual Australasian Emissions Reduction Summit as a precaution amid the COVID-19 virus spread, it announced Monday.

Demand for carbon offset credits is set to rise as governments and businesses seek to make good on pledges to achieve net zero emissions in the future, but the market itself will also change dramatically, according to experts.

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

The ICAO Council on Friday endorsed six programmes in full and two others on a conditional basis to supply the UN body’s international aviation offset mechanism CORSIA, with those credits restricted to a five-year window.

The European Parliament is mulling an early bid to agree this year to include all ships using EU ports in the bloc's ETS, attempting to capitalise on the current heightened momentum for climate action, the Parliament’s lead lawmaker on the issue told Carbon Pulse on Friday.

The first RGGI auction of 2020 cleared in line with market expectations as New Jersey returned to the regional cap-and-trade programme eight years after the state left the power sector carbon market.

EUAs lifted towards €23 early on Friday as financial markets bounced back from Thursday's huge losses as governments worldwide took action to control and limit the impact of the COVID-19 coronavirus.

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

Australia’s Clean Energy Regulator has issued nearly 168,000 fresh carbon credits this week, it said Friday, only around a third of last week’s volume.

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

Legislation to implement a Washington state low-carbon fuel standard (LCFS) and extend the market-based Clean Air Rule (CAR) to fuel suppliers will not pass in the 2020 session because the Senate does not have the votes to approve the policies, the sponsor of the bills told Carbon Pulse.

As part of a small central technical team, you’ll provide GHG advisory & GHG accounting support to underpin BPTN carbon neutral offers. The role consolidates BPTN as a centre of expertise for carbon management from data gathering; determination of carbon footprint; design, management and certification of emissions reduction plans.

California Carbon Allowance (CCA) prices plunged to a nearly one-year low this week as the unravelling stock market and spreading COVID-19 virus stoked fears of a global recession, while RGGI allowances (RGAs) saw more modest drops ahead of Q1 auction results.

As Carbon Emissions Finance Advisor you will be part of the global Shell Trading Finance team and you will report to the Carbon Emissions Finance Manager based in Singapore. This excellent opportunity will give you the opportunity to contribute to growing and shaping the future of Shell’s carbon emissions business.

A federal judge on Thursday ruled California’s ETS linkage with Quebec does not violate the US Constitution’s Treaty and Compact Clauses, but the court did not rule on two remaining legal challenges brought by the Department of Justice (DOJ).

EUAs suffered their biggest daily so far this year on Thursday, tumbling below €23 as markets reeled following US travel restrictions as part of a global scramble to limit the impact of the coronavirus.

US biofuel credit (RIN) prices under the Renewable Fuel Standard tumbled on Thursday as the global macroeconomic impacts of the COVID-19 coronavirus exerted bearish pressure on the market.

Sweden has cut short a carbon credit delivery contract with a controversial Uganda-based forestry project over legal issues, having bought fewer than a quarter of the intended offsets from the scheme.