Carbon Pulse

Finland’s government has opted to ban coal in energy production from 2029, a move that the power sector branded "cosmetic" for reducing a tiny amount of residual emissions for €100 per tonne of CO2.

Several US senators expressed their concerns that a new bill to support the development of carbon capture utilisation and storage (CCUS) technologies could undermine environmental regulations during a committee hearing on Tuesday.

EUAs hit a one-week high on Wednesday as a stronger auction prolonged bullish momentum while traders played down prospects of a near-term correction.

Australia’s Environment and Energy Minister Josh Frydenberg wants the final rules of the National Energy Guarantee (NEG) agreed by August and legislated by the end of the year, he said Wednesday, showing little interest in compromising on issues that critics have identified as shortcomings of the scheme.

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

With all eyes on the political uncertainty stemming from Ontario's upcoming election, experts say many WCI market participants are overlooking other risks to the programme.

Ontario is beginning to experience beneficial effects from its cap-and-trade programme, both on the economy and GHG emissions, that are expected to continue over the next several years, according to two related studies released on Monday.

EU lawmakers urged countries to agree to a more ambitious deal to curb global shipping emissions, warning on Tuesday that the bloc will otherwise go further on its own.

European carbon prices dipped back from a four-day peak towards €13 on Tuesday as the market struggled to absorb units from a bigger-than-normal auction.  

South Korean carbon allowances have edged down to their lowest levels since Jan. 29 this week as available supply is slowly emerging.

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

The incumbent will be responsible for development and implementation of U.S Forest Compliance Offset Protocols, as well as other Protocols, for the reporting and verification of voluntary GHG emissions reductions by offset project developers to support the Cap-and-Trade Program.  

IHS Markit's Energy Wide Perspectives team have an exciting opportunity within the Climate and Carbon team as a Senior Analyst. This position will be based from the IHS Markit corporate headquarters in London.

The nine RGGI member states submitted comments to the Virginia Department of Environmental Quality’s (DEQ) website on Monday, suggesting that the state’s cap-and-trade-programme include a tighter allowance budget and share more regulatory alignment with the Northeast US carbon market.

European carbon prices lifted on Monday as observers eyed a resumption of gains ahead of the annual compliance deadline in the wake of the first weekly price decline of the year.

Achieving newly-proposed emission reductions goals as part of California's Low Carbon Fuel Standard (LCFS) remains uncertain due to both market and regulatory concerns, which could impact the viability of the clean fuel standard as a whole.

The Massachusetts Department of Environmental Protection (MassDEP) proposed new amendments on Friday for its electricity sector cap-and-trade programme intended to operate in parallel to RGGI.

Australia has issued nearly 1.1 million carbon credits over the past two weeks, with around 40% of them going to landfill operator LMS Energy, data from the Clean Energy Regulator showed.

The International Maritime Organisation (IMO) is grappling this week to secure an initial strategy to address shipping emissions, with countries edging towards agreeing a carbon-intensity goal initially and only later committing to absolute emission cuts and potentially using carbon markets.

China’s climate change office has asked for assistance from the power industry to develop realtime CO2 emissions data reporting for power stations covered by the national emissions trading scheme, a move that if successful would make it the world’s first carbon market to deploy such equipment.