Carbon Pulse

A bankruptcy judge approved a Pacific Gas & Electric (PG&E) proposal with $24.5 billion in wildfire settlements on Tuesday, bolstering the company’s chances of emerging from proceedings by mid-2020.

Germany's energy-related CO2 emissions posted a significant fall for a second straight year amid large drops in coal use and increases in renewables.

Trading platform CBL Markets has announced two major developments that it says will help it build a commanding market share while improving confidence in major burgeoning carbon markets, including US offsets and ICAO’s CORSIA scheme for international aviation.

Ensuring an enhanced climate ambition towards achieving Paris Agreement commitments is a key priority of the British Government, including its work in Vietnam and wider ASEAN region.

This position is an exciting opportunity to be at the heart of UK-China engagement on climate change as part of the preparation for COP26 which will take place in Glasgow at the end of 2020.

An overwhelming majority of Australian business remains disgruntled with the government’s climate policy and fears greater disruptions down the line if the nation continues to delay its decarbonisation process, a survey showed.

Disputes over the rules for the market chapter of the Paris Agreement may not be reconcilable and countries should consider pressing pause on the talks around this for a few years, New Zealand’s climate minister James Shaw said Wednesday.  

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

The Transportation and Climate Initiative (TCI) will aim to cut fuel sector emissions by a quarter over a 10-year period, with the 13 US jurisdictions slated to give more details on Tuesday about its proposed cap-and-trade scheme.

European carbon prices jumped on Tuesday as the year-end auction pause began, with technical buying building on yesterday’s big gains.

Errors in the Clean Energy Regulator data released last week wrongly suggested some big emitters had had their CO2 caps backdated to 2016, including some that had used carbon credit to meet their targets for that year, according to an agency spokesperson.

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

New Zealand on Tuesday named the panel of experts that will make up the country’s newly-established Climate Change Commission.

The Transportation and Climate Initiative (TCI) draft Memorandum of Understanding (MOU) will include several policy options as the jurisdictions seek feedback on the final structure of the regional transportation ETS.

The New Jersey Senate approved a bill Monday that would cement the state’s participation in the Northeast RGGI ETS ahead of the Garden State’s re-entrance next year.

The EU should toughen rules that exempt wood-burning power plants from the EU ETS or put at risk global climate targets due to emissions resulting from dozens of new facilities, a report found on Monday.

Three California-registered offset projects are looking to transfer into the state’s Low Carbon Fuel Standard (LCFS) next year, with higher prices in the complimentary programme incentivising such a transition, participants said.

EUAs rebounded from a one-month low struck early on Monday as the final auction of the year attracted strong demand and Germany signalled a step-up in climate ambition in its non-ETS sectors.

In this role within the Portfolio Management unit, you will be responsible for South Pole's procurement strategy and for structuring and closing carbon credit sourcing transactions. You will develop business with project developers, retailers, intermediaries and wholesale companies active in carbon markets.

In this role you will be collaborating and supporting senior managers on managing Climate Action Platforms (including funds) in the areas of sustainable land-use, low-carbon energy, climate-smart cities and/or clean technology.