Carbon Pulse

Deadlines for companies regulated by Shanghai’s pilot emissions trading scheme to report 2019 emissions and ensure they are in compliance have been postponed due to the coronavirus situation, the municipal government said Tuesday.

A demand boom in palm oil and soy driven by Brazil, Indonesia, and possibly the international aviation sector, could spur enough deforestation to emit 11.5 billion tonnes of CO2e to 2030, a report published Tuesday said.

Japan and Saudi Arabia have issued the first offsets under their Joint Crediting Mechanism (JCM) programme, for which Japan intends to use its share towards meeting its obligations under the Paris Agreement.

Ndevr seeks an experienced senior consultant with a background in carbon accounting, energy auditing and sustainability.

New Zealand’s independent Climate Change Commission wants the ETS fixed price option for 2020 to be set higher than the proposed NZ$35, and says the Cost Containment Reserve should be increased annually after its introduction in 2021.

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

The US Department of Justice and California attorneys faced scrutiny from a federal judge on Monday during the first court hearing on a case that could decide the legality of the WCI ETS linkage with Quebec, but a ruling might not be made until the remaining issues are litigated.

Oregon Governor Kate Brown (D) will announce an executive order on Tuesday to implement a carbon reduction programme after a Republican walkout thwarted Democrats ability to pass a WCI-modelled cap-and-trade bill for the second straight year, a state legislator told Carbon Pulse.

The EU should use ETS-based benchmarks to determine whether manufacturing investments are sustainable, an EU expert group said Monday in a report recommending an economy-wide structure for green lending. 

This month’s North American Carbon World (NACW) conference in San Francisco will not be held this year due to mounting concerns over the COVID-19 coronavirus, California-based offset registry Climate Action Reserve (CAR) announced Monday. 

Are you a driven person with a thirst for achieving great results for a company with a purpose? We are currently looking into expanding our team with a Senior Business Developer with focus on Denmark to further strengthen our leading position in sustainability and climate change.

We are currently looking into expanding our team with a Senior Business Developer with focus on Norway to further strengthen our leading position in sustainability and climate change.

The European Roundtable on Climate Change and Sustainable Transition is seeking a policy analyst to join its team in Brussels to work on EU and international climate and energy policy.

The European Roundtable on Climate Change and Sustainable Transition in Brussels is seeking a policy intern to work for 9 months starting in as soon as possible, possibly extendible beyond this period as a Researcher.

Working with the Reserve’s Policy Team, the successful candidate will be responsible for maintaining and updating existing protocols and supporting or leading the development of new protocols.

The Vice President for Policy is a key executive management position at the Climate Action Reserve and is responsible for overseeing the development of new and the maintenance of existing greenhouse gas reduction methodologies (including offset protocols and ex ante Climate Forward methodologies), managing the Reserve’s consulting and advisory services program, and providing strategic advice and guidance to support the Reserve’s existing and new initiatives.

The US Department of Justice (DOJ) on Monday secured its request for more time to consider an appeal on a court ruling that may restrict the EPA’s use of compliance waivers under the Renewable Fuel Standard (RFS) going forward.

South Korean CO2 prices remain largely unscathed from the twin economic troubles of the coronavirus and Monday’s oil price crash, as the spot-focused market remains slow in reacting to short-term economic signals.

S&P Dow Jones Indices on Monday launched an index to track EU carbon allowance prices, it said in a press release.

New Zealand carbon allowances fell into the NZ$25s for the first time this year as arbitrage opportunities from the fixed price option and forestry export losses maintained downward pressure.