Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 45 min ago
Senior Program Officer, Asia-Pacific Sustainability, Asia Society – New York
ASPI seeks a Senior Program Officer for ASPI’s sustainability projects, with a focus on development of Asian carbon markets, in particular China’s national ETS, as well as US-China climate policy.
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EU chief warns on CO2 border measures, praises California, China
European Commission president Ursula von der Leyen warned on Wednesday that the EU will press ahead border carbon adjustment plans to protect its industry and workers, but the EU chief praised California and China’s carbon pricing efforts that could mean the plans are never needed.
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New York’s timeline on revised RGGI regulation remains uncertain
New York will release a draft RGGI regulation shortly to implement the Northeast US carbon market's post-2020 programme changes, but there is no timeline for the completion of that process, state and regulatory sources told Carbon Pulse.
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EU Midday Market Update
EUA prices lifted back above €25 early on Wednesday, clawing back the previous session's losses in an auction-free session.
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China coal-powered generation rise paves way for bumper CO2 allocation
China’s coal-fired power generation rose 1.7% in 2019 and is set to grow further this year, according to the main power sector industry lobby group, paving the way for CO2 allocation in the national emissions trading scheme to be nearly triple that of the EU market.
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Blame game ensues in Australia as climate action moment set to pass
The outlook for Australia to step up efforts on climate change in the wake of the massive forest fires is dimming as the government has shifted focus to hazard prevention and is blaming state government agencies for failing in their responsibilities.
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Australia widens scope for animal manure projects to earn offsets
Australia has implemented a new offset method that broadens the scope for pig and dairy farmers to earn carbon credits, the Clean Energy Regulator said Wednesday.
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CP Daily: Tuesday January 21, 2020
A daily summary of our news plus bite-sized updates from around the world.
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Alberta offset prices rise ahead of compliance deadline, though future increases uncertain
Alberta offset prices are increasing as companies look to cover their obligations under the Canadian province’s outgoing large emitter programme, though future negotiations with the federal government over the new scheme’s CO2 price are clouding the outlook beyond the spring true-up deadline.
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Independent advisors to guide German EUA cancellations from coal phaseout
Germany will seek independent advice annually to guide EU carbon permit retirements linked to its coal phaseout, with each cancellation cycle taking around two years, according to draft legislation seen by Carbon Pulse.
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Key Oregon Democrat wants ETS proposal passed, but mum on current bill
A Democratic Oregon state senator who opposed her party's WCI-modelled cap-and-trade proposal last year is open to supporting a carbon reduction bill during the state's short 2020 lawmaking term, but has stopped short of backing her colleague's revised legislation.
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EU nations to aim for June sign-off on 2050 net zero law
EU member states will be asked in June to endorse a law to bind the bloc to a 2050 net zero emission goal, fast-tracking a process that kicks off a wide-ranging Brussels plan to green its economy.
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Nova Scotia announces first two carbon allowance auctions
Nova Scotia will hold its first two carbon allowance auctions later this year for the 26 entities regulated by its ETS, the Canadian province announced this week.
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EU Midday Market Briefing
EUAs dipped below €25 early on Tuesday as auction demand continued to be lacklustre even as Germany gave further clarity about efforts to ensure its coal power phaseout won't dampen demand.
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Australia’s Woodside expects to buy 50 mln offsets for new LNG project
Australian oil and gas producer Woodside expects to have to buy some 50 million carbon credits over 44 years to offset emissions from its massive Browse LNG project, based on current Safeguard Mechanism regulations.
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CP Daily: Monday January 20, 2020
A daily summary of our news plus bite-sized updates from around the world.
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Senior Associate, Climate Program, WRI – Washington DC
In this role, you will oversee and contribute to quantitative analysis conducted in support of these projects. This includes working with junior staff to conduct analysis using WRI-developed analytic tools as well as overseeing energy system and macroeconomic modeling conducted by leading external modeling firms.
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Senior Economist/Strategist, Climate Change – London
Our client, an established global investment management firm, is seeking to hire an Economist/Strategist to lead and help build the firms’ climate change research team. The Firm prides itself for independent thought.
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Pennsylvania Republicans warn RGGI against linkage with state
Pennsylvania joining the US Northeast RGGI ETS via executive order would prompt a legal challenge and create prolonged regulatory uncertainty for the scheme, a state Republican warned the programme’s top official.
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RGGI compliance buying rose amid higher prices last week, data shows
Increased buying of RGGI allowances (RGA) by compliance entities led to higher prices on the secondary market last week, according to Commodity Futures Trading Commission (CFTC) data.
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