Carbon Pulse

South Korean carbon allowances rose to fresh record highs for the sixth session in a row on Monday, as the market entered its last week before the Sep. 30 deadline for 2018 compliance.

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

The phasing out of coal power across the EU could result in up to 2.2 billion unused EUAs that risk weighing on prices unless lawmakers enact further reforms, according to environmental campaigners Carbon Market Watch.

The German government on Friday unveiled a comprehensive new €50 billion climate plan, which centres around a domestic trading scheme for the country’s transportation and heating sectors, and price controls for both EU ETS and non-ETS allowances.

Germany has agreed to France’s urgings to consider an EU carbon border measure, adding to the increasing number of European proponents for a policy to shield the bloc’s industry from foreign rivals not faced with comparable environmental limits.

California and Quebec's final carbon auction of 2019 will include nearly 76.5 million current and future vintage allowances at its Nov. 19 sale, according to an auction notice released Friday.

Numerous carbon pricing bills introduced in the US Congress this year could require further work in order to properly implement a price-ratcheting mechanism tied to GHG goals and a border adjustment for fossil fuel exports and imports, experts said Friday.

EU transport ministers supported continuing to include flights in the EU ETS on Friday but will still leave open whether to protect the policy at UN body ICAO's triennial meeting next week, which is expected to seek to shut it down.

California regulator ARB should develop automatic supply triggers to manage the volume of ETS compliance instruments in circulation, along with examining whether banked allowances should be discounted based on vintage year, according to a draft watchdog report released Friday.

EUA prices continued to recover from this week's losses, climbing further above €26 on Friday as the energy complex continued to lift on rising geopolitical tensions.

Closing prices, ranges and volumes for China's regional pilot carbon markets this week.

South Korean CO2 allowances rose another 3% in Friday trade to fresh all-time highs, pushed up by small buyers willing to pay high prices for the modest amount of permits they need.

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

California regulator ARB endorsed the controversial Tropical Forest Standard (TFS) on Thursday, coming roughly 10 months after the agency first attempted to greenlight the framework that could serve as a model for jurisdictional REDD programmes in compliance-based and voluntary carbon markets.

California Carbon Allowance (CCA) secondary market prices sank this week as participants looked to shift positions further out on the curve, while RGGI allowances (RGAs) rose slightly on thin volume.

Pennsylvania Republicans implored the state’s Department of Environmental Protection (DEP) on Thursday to receive legislative approval before exploring any future linkage with a regional carbon market, mirroring future bill language floated by a bipartisan group of lawmakers this week.

The EU is poised to leave open whether to defend its right to include flights in its ETS, despite expectations that the UN’s ICAO will seek to shut down what many see as the world’s most ambition aviation climate policy.

Established global investment management firm Autonomy Capital is seeking to hire a Research Assistant.

European carbon prices rose on Thursday, recovering some of the losses of the past two sessions as the wider energy complex moved higher on reignited supply concerns and mounting geopolitical tensions.

France sold all 4,448 GWh of GO certificates at its first monthly auction, host platform Powernext said on Thursday of the closely-watched process that market watchers say is key for price direction.