Carbon Pulse

EUAs fell to a fresh six-month low early on Monday, breaking another technical support level and continuing their recent rout as bearish economic data weighed.

South Korea’s greenhouse gas emissions rose 2.4% in 2017, the government announced Monday, with the increase largely driven by higher coal use for electricity generation and steel production.

The Head of Operations oversees Human Resources and Development (HR&D), Finance and Administration at CAN, and manages up to 3 positions within the Operations department. As a member of the Senior Management Team, the role also includes responsibility for the strategic direction of the organization and plays a central role in its operations.

Bellona is looking for an expert who can help in its work to put in place market regulations that drive clean consumption and enable rapid investments in decarbonised industries.

The Policy Manager will be responsible for driving CDSB’s engagement and support of Government departments, supervisors and regulators.

The Environmental Specialist role is focused on developing technical resources aimed at companies and regulators/policymakers – both of which are needed to drive momentum in corporate reporting of environmental information to influence investor decision-making.

The Alliance for Financial Inclusion (AFI) is looking for a policy specialist to join its Inclusive Green Finance Team.

New Zealand carbon permits on Monday fell back to the lower end of their recent range, curbed by the ongoing policy inertia and the fixed price option (FPO).

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

ICAO’s Assembly on Friday backed the progression of work on setting a long-term emissions target for aviation and to advance the UN body’s CORSIA global offsetting mechanism towards operationalisation, though a fifth of the countries in attendance voted against the two resolutions in a surprise secret ballot.

A fast-track EU climate bill will propose a net zero 2050 emission goal early next year but is expected to omit any ramping up of the 2030 goal, observers said Friday.

The WCI cap-and-trade programme’s allowance surplus rose further towards the 200 million mark during the third quarter of 2019, while California and Quebec regulated entities shifted additional units into compliance accounts ahead of the November deadline, according to the carbon market’s joint compliance report published Friday.

President Donald Trump on Friday tasked two federal agencies with taking steps to elevate next year’s biofuel quotas under the US Renewable Fuel Standard (RFS), also requesting that the departments continue to evaluate credit market reforms after previous proposals were shelved this year.

European carbon prices consolidated near yesterday’s six-month lows on Friday, taking a breather after two days of heavy losses.

Norway has agreed to release the final $50 million of its forestry protection payments to Guyana after the South American nation agreed to increase its renewable energy use.

South Korea plans to reduce the number of allowances issued to participants in its emissions trading scheme over the 2020s as part of its strategy to meet Paris Agreement obligations, according to a draft government climate plan.

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

RGGI allowance (RGA) prices reversed course this week after Pennsylvania’s governor announced the state will seek to join the Northeast US ETS, while California Carbon Allowance (CCA) values dropped as participants took advantage of a declining spread.

A proposed federal clean energy standard could help promote renewable generation build out in the US, but could also create technology conflicts and market inefficiencies if state-led policies set more ambitious goals, panelists said at the Environmental Markets Association (EMA) conference Thursday.

The New York Independent System Operator (NYISO) will seek support from a yet-to-be formed state council to help push a carbon price in the jurisdiction’s wholesale electricity market, a grid operator official said Thursday.