Carbon Pulse

New Zealand carbon allowances edged up from 6-month lows on Tuesday as some buyers stepped in to take advantage of the bargain prices.

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

A top environmental commodities trading firm is looking for a CORPORATE TRADER – SPAIN Position based in Madrid, Spain

A top environmental commodities trading firm is looking for a CORPORATE TRADER – GERMAN SPEAKING Position based in Brussels, Belgium

A top environmental commodities trading firm is looking for a CORPORATE TRADER – CORPORATE CLIMATE ACTION Position based in Budapest, Hungary

Market participants and other experts are closely watching what Ontario Premier-designate Doug Ford's next steps will be in dismantling the province's cap-and-trade scheme, especially after his decision to abruptly pull the plug on the programme was met with a trading ban by WCI partners California and Quebec.

NRDC is looking for a 2-year Fellow with technical and/or engineering expertise to join our Climate & Clean Energy and International teams in Washington, DC. The Fellow will support NRDC’s domestic and international efforts to phase down the climate-damaging super-pollutants called hydrofluorocarbons (HFCs).

Shifting financial flows and aligning them with the long-term objectives of the Paris Agreement and the SDGs will be essential to unlock the full potential of climate action and bring it to scale. The CAN International Secretariat is therefore increasing its capacity to engage on both public and private finance by strengthening its team and widening the scope of existing activities as well as by launching new ones. 

CDP Europe is seeking a highly motivated individual to join CDP’s corporate engagement team. This position is an exciting opportunity to learn how to engage with global multinationals, such as L'Oréal, Volkswagen and Telefonica, around the reporting requirements of their strategies to mitigate climate change, improve water security and tackle deforestation.

This one-to-two-year role will support CDP in developing and delivering a program of engagement with policymakers in Indonesia, with the goal of addressing deforestation that results from production plantation forests and cash crops, including palm oil. This work forms part of a wider project being conducted by CDP with project partners following support from the Packard Foundation

We are looking for an experienced Senior Environmental Advisor to join our team in Birmingham. You will be providing Uniper UK with industry leading expertise in emissions management, carbon reporting and governance around current legislation.

Entities regulated under Ontario’s cap-and-trade scheme that suddenly face new trading restrictions due to the province’s pending exit of the WCI programme have been advised by North America's main emissions exchange to “take appropriate action” to honour or exit their existing obligations.

UK emitters and other stakeholders may automatically face replacement climate obligations once they exit the EU ETS under Brexit, an industry group has suggested.

EU carbon prices rose more than 2% on Monday, climbing back towards €15 after bearish sentiment from a fresh one-month low plumbed earlier in the day was erased by a bullish auction result.

WCI’s market operators have blocked participants in California and Quebec from trading allowances with Ontario entities following the new provincial leader Doug Ford’s decision to abruptly scrap Ontario’s cap-and-trade scheme and leave the North American programme.

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

The Massachusetts Senate unanimously approved an omnibus clean energy bill on Thursday night that provides for the creation of a market-based mechanism for economy-wide pricing carbon and several other renewable energy goals.

EU carbon prices plunged heavily on Friday to their lowest levels since May 16 as traders sold in anticipation of a pause in the year’s stellar gains ahead of a key option expiry date and as auction volumes approach a record.

Germany is to extend beyond this year a three-year project to support poorer nations on carbon markets, while also opening a tender seeking experts to study EU ETS market liquidity, documents showed.

Ontario will not participate in the next quarterly WCI auction in August, sources told Carbon Pulse, as its new premier announced that his government's first act will be to scrap the provincial cap-and-trade scheme.