Carbon Pulse

Carbon Pulse has expanded its workforce to kick off 2020, hiring two experts to help bolster its unrivalled news and intelligence offering as the five-year old company enters a new period of investment and product development.

The Architecture for REDD+ Transactions (ART) programme published its new standard for combatting tropical forest deforestation on Monday, giving subnational jurisdictions more authority and a longer timeframe than previously outlined to generate carbon credits for sale in voluntary and compliance-based offset markets.

California Low Carbon Fuel Standard (LCFS) credits have receded from record highs last week to near a three-week low, while market participants ramped up trade in futures contracts further out on the curve on ICE and Nodal Exchange.

EUAs dipped slightly early on Monday, after a weaker auction saw prices skirt technical support levels just above €24.

Australia on Monday proposed to ease regulations that have previously restricted access for developers to establish carbon offset projects in high rainfall areas.

The world’s biggest-emitting nation is looking increasingly unlikely to bring ramped-up climate ambition to UN talks in Glasgow later this year, with China laser-focused on mitigating economic repercussions from the ongoing coronavirus outbreak that could see emission levels balloon.

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 Pennsylvania, California, and Montana.

Quebec intends to finalise its forestry offset protocol for its WCI-linked cap-and-trade programme this summer and open the proposal up for public consultation, a government spokesperson told Carbon Pulse.

To coordinate British Embassy Jakarta work to combat climate change and catalyse low carbon development, including diplomatic action to support delivery of the 26th Conference of the Parties to the UN Framework Convention on Climate Change (COP26) in December 2020 (80%). To support the UK Mission to ASEAN in working with ASEAN on climate change issues (20%).

This role is fast-paced and incredibly diverse. You will have the opportunity to work on a wide portfolio of climate change mitigation programmes across a number sectors and/or geographies. You will provide programme management overview, an oversight of administrative and research support, with the opportunity to manage and lead your own grants and partnerships.

EU ETS auction revenues are almost certain to form part of the next EU budget after European Council President Charles Michel included them in preparations for next week’s testing talks among the bloc’s leaders.

US-based Delta Air Lines announced Friday that it will achieve carbon neutrality from its global business starting in March, but the company said it would limit its reliance on offsets in the long-run.

Delhi-based sustainability advisory firm cKinetics has acquired carbon market news and data platform CaliforniaCarbon.info, Carbon Pulse has learned.

Oregon Democrats approved the state’s controversial ETS bill out of committee on Thursday evening after making amendments to the fuel sector phase-in and other areas to appease critics.

EUAs lifted to their highest so far this month early on Friday, poised for a 5% weekly gain amid healthy auction demand and optimism about China's ability to tackle the coronavirus.

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

New Zealand carbon allowances suffered their fifth consecutive day of losses on Friday, as the spread between the fixed price option and current spot prices continued to tempt emitters to offload NZUs.

The Ai Group is looking for an adviser on policy areas impacting industry, including climate, energy, and environment.

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