Carbon Pulse

The US EPA will only factor in a portion of past compliance obligations exempted under the Renewable Fuel Standard (RFS) to project waived volumes under the federal biofuels programme next year, the agency announced on Tuesday.

A beefed-up MSR will be the most essential of a multi-pronged approach to EU ETS reforms to ensure the carbon market delivers its share of the bloc’s net zero emission aims, a report has found.

Regulated entities in the WCI-linked ETS are increasingly taking long positions in the programme as California Carbon Allowance (CCA) prices retreat from record highs, while also selling call options further out on the curve, according to US Commodity Futures Trading Commission (CFTC) data.

As part of the Renewable Energy Services team within the Consultancy & Services Unit, you will focus on the delivery of high quality consultancy advice on renewable energy solutions to the corporate sector, and be responsible for the management of small project teams.

European carbon prices climbed to their highest in almost two weeks early on Tuesday on building hopes that a Brexit agreement can be struck this week.

The Guangdong provincial government has issued some 200,000 carbon credits in a sign that its offset market is gradually returning to life after a 10-month hiatus due to restructuring of market regulations.

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

The senior environmental management specialist for climate change provides analysis and support for the Port of Seattle’s (POS) projects and programs focused on carbon reduction and air quality improvements as directed by the Port’s Century Agenda and associated sustainability strategies.

The Oregon Transportation Policy Manager will further Climate Solutions’ mission through concrete program and policy work, including legislative and administrative advocacy at the local, state, and national levels, with a principal focus on a range of policy goals including equitable strategies for transportation electrification, clean fuels, clean mobility, and reducing the need to drive.

The objective is to work on a methodology to assess whether “negative emissions” are really negative emissions in the global sense (physical negative net emissions). 

California’s transportation and electricity sectors will have to cut emissions faster in the post-2020 period to ensure the state reaches its 2030 goal, potentially putting bullish pressure on California Carbon Allowance (CCA) prices, according to analysis from Bank of America Merrill Lynch (BAML).

California Low Carbon Fuel Standard (LCFS) credits continued to set record highs through Friday as short covering drove values towards the pending price cap.

European carbon prices fell by almost a euro early on Monday, giving back some of last Friday's 5% gains as weekend Brexit talks failed to yield a major breakthrough.

Guangdong province has begun consultation on its planned futures exchange, which will focus on CO2 permits initially, and expects to get central government approval before the end of the year, a senior provincial official said, according to local media.

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

The UN’s Clean Development Mechanism (CDM) passed two noteworthy milestones this month, as countries prepare to determine whether to wind up the project-based carbon finance programme.

California regulator ARB may not begin the process of updating its WCI forestry protocol until next year as it completes work on various regulatory priorities in the final quarter of 2019, several sources told Carbon Pulse.

The EU is battling to curb surging illegal imports in potent Chinese-made F-gases, with smugglers set to bring in products this year with more global warming impact than the greenhouse gas emissions of a mid-sized European country.

Ontario Premier Doug Ford violated environmental law when he abruptly cancelled the Canadian jurisdiction’s WCI-linked ETS last summer, a provincial court said in a split ruling on Friday that will not have a material impact on the province’s current climate policy.

European carbon prices gapped higher on Friday, hitting a six-day high near €24 as oil jumped on news of an Iranian tanker being struck by missiles near Saudi Arabia and as optimism grew over a potential Brexit deal.