Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 26 min ago
California, Quebec hand out total 118k offsets
California state regulator ARB distributed 94,800 compliance-grade offsets this week to livestock projects, while Quebec's environment ministry awarded 23,100 credits in the agency's second issuance this month.
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UPDATE – Ontario cap-and-trade repeal bill sees compliance obligations, few refunds for purchased allowances
The Ontario government on Wednesday introduced a bill to formally repeal the province’s cap-and-trade programme, earmarking compensation equivalent to a tiny fraction of the nearly C$3 billion raised through allowance sales and effectively establishing compliance obligations for the scheme's emitters.
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Iberdrola’s ETS-covered thermal output up 5% in H1 despite coal exit
Spain-based utility Iberdrola reported a 5% rise in its ETS-regulated thermal output over H1 2018 as gas-fired output ramped up, the company said in its Q2 results on Wednesday.
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Senior Key Account Manager – Nordics, South Pole Group – Stockholm
As a Senior Key Account Manager, you will have full responsibility of the complete sales cycle which includes preparing proposals in collaboration with our Carbon Portfolio and Consultancy teams, as well as managing and securing the timely delivery of our solutions.
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EU Market: EUAs leap back towards 7-year high after bumper UK sale clears above market
EU carbon allowances jumped back towards their seven-year high early on Wednesday as the market comfortably absorbed an exceptionally large UK auction.
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Australian minister open to reviewing NEG emissions target in 2024
Australian Energy and Environment Minister Josh Frydenberg has told state premiers and ministers that the emissions target under the proposed National Energy Guarantee (NEG) could be open to review in 2024, a move that would allow a future Labor government to strengthen the scheme’s ambition.
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NZ Market: NZUs break above NZ$23 as record push continues
New Zealand carbon allowances made another leap on Wednesday to hit NZ$23 ($15.64) for the first time as the supply shortage continued to push up prices.
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Oregon lawmakers still at impasse over future of cap-and-trade plans
A bipartisan legislative committee designed to give Oregon lawmakers a chance to more fully understand and shape the future of the state’s climate policy revealed on Tuesday that a wide rift still exists between some members over what carbon pricing strategy Oregon should take, if at all.
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CP Daily: Tuesday July 24, 2018
A daily summary of our news plus bite-sized updates from around the world.
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US fuel economy rollback would increase transportation emissions 11% – report
The Trump administration’s reported plan to downgrade US vehicle fuel economy standards and revoke California’s authority to set more stringent targets would lead to higher transport sector emissions and greater economic and health losses, according to a policy brief issued Tuesday.
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EU Market: EUAs fade back towards €17 after extending 7-year high
European carbon prices ended their five-day rally on Tuesday, easing back towards €17 after hitting a fresh seven-year high.
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UK utility Drax reports 24% drop in H1 coal power output
UK utility Drax produced 24% less coal-fired power in the first half of 2018, reducing its demand for EU carbon allowances as outages at the firm’s biomass units affected earnings.
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West Regulatory Affairs Specialist, DTE Energy – San Francisco
DTE Energy Trading is expanding its West power capabilities and seeks an experienced individual who knows how to track regulations and policy affecting west power trading.
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Associate Commodities Broker, Karbone – New York City
The Brokerage team at Karbone is recruiting to expand its fast growing business. We are seeking experienced and highly motivated candidates to join our platform.
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Intern, Project Officer, Climate Strategies – London
The role will assist all team members within our small organisation but will be managed and report directly to one of our Programme and Communication Managers
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Climate Advocacy Specialist, UNDP – New York City
Ahead of the 2019 Climate Summit, the consultant will work with UNDP’s Climate Change and External Engagement Teams to support communications, advocacy and partnership efforts on global climate change policy and advocacy.
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Executive Director, Nexus for Development – Phnom Penh
Nexus seeks a Executive Director (ED) to be based in our office in Phnom Penh, Cambodia! The ED leads the Nexus team and is responsible for driving overall growth and organisational management. This role is central to both defining and implementing the membership strategy, identifying new opportunities for Nexus’ growth and ensuring that the organization stays true to its core mission and values.
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Senior Climate Change Specialist Consultant, Inter-American Development Bank – Washington DC
The Bank seeks a Climate Change Specialist to provide technical leadership in the design, implementation, management and monitoring of activities in the Agriculture, Forestry and Other Land Uses (AFOLU) sector that are financed by climate-related funds in accordance to (a) the Bank’s rules, regulations, policies and procedures (including those in respect to the procurement of goods and services, financial management, reporting arrangements and its framework to combat corruption); (b) the purpose for which the allocation of funds was approved; and c) any additional requirements of the funding sources.
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Climate Change Finance Consultant, Inter-American Development Bank – Washington DC
The Bank seeks a Climate Change Consultant to work in partnership with stakeholders across the IDB-Group and Latin America and the Caribbean to provide technical leadership in climate finance, project structuring, and management of the climate finance project pipeline with major climate change funds.
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Team Leader, Climate Policy and Energy Transformation, Climate Analytics – Berlin
We are currently seeking a Team Leader for our multidisciplinary Climate Policy and Energy Transformation Team of 10-15 experts, mostly based in Berlin, with some based in other countries/CA offices.
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