Carbon Pulse

A New Zealand carbon forestry firm says it can make 20% of the emission cuts required for the country to meet its Paris target if the government makes offsetting rules under the ETS more flexible.

Uniper on Friday inked a deal to sell its stake in the 900MW Schkopau power plant to partner Saale Energie, a subsidiary of the Czechia's EPH, with the agreement completing the German utility's exit from European lignite generation.

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

A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level this week, including developments in Hawaii, Colorado, Maryland, and cross-border hydroelectric potential in the Northeast US.

Democrats are rallying behind Oregon’s WCI-modelled ETS bill ahead of a critical vote next week, as questions arose Friday about whether enough Republicans will follow through with a walkout to stop the legislation.

EU leaders failed to agree late Friday on the bloc’s joint budget for 2021-2027, postponing talks that included among the main sticking points plans that could divert over half of nations' future ETS revenues.

The UK will resume its EU carbon allowance sales as planned on Mar. 4, auction platform host ICE Futures Europe announced late Friday, with very high per-sale volumes scheduled as the country attempts to monetise all of its unsold 2019 and 2020 supply this year.

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A former employee of US-based offset registry administrator APX Inc will oversee the international expansion of CBL Markets as several global carbon markets seek to launch next year, the trading platform announced Friday.

Ocean Conservancy seeks a senior manager for its climate program in Washington DC. The position will help build, shape, and execute its work, which will include creating and implementing climate and ocean-climate initiatives and increasing demand for action.

EUAs dipped back towards €25 early on Friday amid continued moderate auction demand and as financial markets swooned on a resurgence of Covid-19 coronavirus cases.

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

Offset developers have sold over 340,000 carbon credits to Australia’s Emissions Reduction Fund (ERF) so far in February, while the Clean Energy Regulator this week issued nearly 280,000 new units.

Australia’s main opposition party, Labor, on Friday said it would set a target to cut greenhouse gas emissions to net zero by 2050 if it returns to office, without the use of Kyoto carryover credits, but declined to reveal any policy details.

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

RGGI Allowance (RGA) prices this week exceeded the 2021 Emissions Containment Reserve (ECR) trigger price for the second time this year, while California Carbon Allowances (CCA) also increased ahead of the first quarterly sale of 2020.

Oregon Republicans are once again formalising plans to flee the state this week to scuttle the passage of the state’s WCI-modelled cap-and-trade bill, sources and local media reported.

The US Department of Agriculture (USDA) outlined a goal of cutting the environmental footprint of the nation's agriculture sector in half by 2050 on Thursday, with enhanced carbon storage from soil and forests seen as possible avenues to achieve that target.

EUAs extended further their four-week high early on Thursday, inching closer to their loftiest so far this year as some corners of the energy complex edged upwards and worries about the Covid-19 coronavirus continued to ease.

South Korea must phase out coal-fired power generation in less than a decade if it is to play its part of meeting the Paris Agreement goals, a research group said Thursday.