Carbon Pulse

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.

Australia’s Clean Energy Regulator has revoked a batch of seven coal mine waste methane projects owned by Our Energy Group, after previously cancelling contracts to buy 2.75 million carbon credits from them.

South Korean carbon allowances extended their record highs yet again in Thursday trade, adding 7% to their value as buyers scrambled to pick up the few available scraps of supply.

Australia’s Northern Territory on Thursday announced an aspirational net zero emissions target by 2050, a move it said will boost the state’s carbon offset industry although details still need to be worked out.

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

The Alliance seeks to recruit a Coordinator who will be recruited under the RCC Kampala Ci-ACA project by RCC Kampala, on behalf of UNFCCC, through the East African Development Bank (EADB).

The UK government has awarded a contract to build and maintain an emissions trading registry for use when the country leaves the EU.

A bipartisan group of Pennsylvania state lawmakers will introduce legislation this fall that may prevent the state from implementing a RGGI-linked ETS or carbon tax through regulatory channels, arguing that such a climate policy must be authorised by the General Assembly.

Italy-based utility Enel aims to cut its emissions intensity by 70% under 2017 levels by 2030, it said on Wednesday, extending a company-wide target as one of a handful of firms to set an independently verified goal aligned with the 1.5C Paris Agreement global warming limit.

The German government will on Friday unveil its comprehensive new climate plan, which is said to centre around a domestic emissions trading scheme for the country’s transportation and heating sectors.

The Trump Administration revoked California’s Clean Air Act waiver to set its own more stringent vehicle GHG standards on Wednesday, likely setting up a contentious legal battle between the US federal government and the Golden State.

The addition of a low-carbon fuel standard (LCFS) in Washington state’s Puget Sound region could slash the carbon intensity (CI) of transportation fuels by over a quarter during the next decade with little economic impact, according to analysis released Tuesday.

The Independent Planning Commission in Australia’s New South Wales on Wednesday rejected plans by South Korean firm KEPCO to build a new coal mine, citing environmental impact concerns and that the company had not done enough to limit greenhouse gas emissions.

European carbon posted big losses for a second straight day on Wednesday, as much of the energy market declined as France's EDF said there was no need to close any of its nuclear reactors after it last week flagged the discovery of faulty components.

South Korean carbon allowances hit record highs for the third consecutive session in Wednesday trade, as the few emitters yet to acquire the allowances they need before the impending compliance deadline are forced to pay higher prices.

New Zealand has issued guidelines for companies wanting to use carbon credits to voluntarily offset their GHG emissions, flagging the potential use of international units as well as some permits also eligible in the domestic emissions trading scheme.

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

Transportation and Climate Initiative (TCI) jurisdictions in the Northeast US have discussed a voluntary phase for the proposed carbon market, while stakeholders continue to urge the programme to shift compliance obligations to the wholesale rack, regulatory sources said.