Carbon Pulse

The Environmental Commodity Trader negotiates sales and purchases of environmental commodities such as renewable energy credits (RECs), greenhouse gas (GHG) allowances, and clean fuel program (CFP) credits, and manages positions for the company’s GHG allowance, REC and low carbon fuel standard (LCFS) credit portfolios.

The design of California’s mine methane capture (MMC) offset protocol may incentivise non-additional emission reductions and allow coal operations to run longer by improving profitability, researchers said in a new study.

EUAs climbed back towards €26 on Monday to leap back from last Friday’s nine-week low, albeit on thin trade affected by a UK public holiday.

The UK will contribute a further £720 million ($881 mln) to the Green Climate Fund, Prime Minister Boris Johnson announced at the ongoing G7 summit on Monday, doubling the country’s total contribution to the fund.

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

Oregon Senate Democrats will look to amend the constitution next year to prevent Republicans from denying the majority party a quorum to conduct legislative business, a feat that helped sink the US state's WCI-modelled cap-and-trade proposal this summer.

California regulator ARB’s proposal to implement a firm maximum price and borrowed credits mechanism in the state’s Low Carbon Fuel Standard (LCFS) has generated further suggestions to treat multiple crediting pathways fairly and improve environmental integrity, according to public comments.

EUAs fell to a nine-week below €25 on Friday amid ongoing technical weakness that has seen carbon defy its historical August gains.

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

New Zealand carbon allowances ended the week on a strong note, climbing 1% to hit their highest levels since late June on healthy demand.

Oil and gas firm Woodside Burrup was the biggest recipient of new Australian carbon offsets this week, earning A$1.1 million worth of credits for a tree-planting project.

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

Connecticut’s revised RGGI regulation to implement the regional carbon market's post-2020 Model Rule changes will not be heard as planned next week by a legislative committee and could face additional delays, a state official told Carbon Pulse.

US biofuel credit prices (RINs) rose for a third straight day on Thursday on news that President Donald Trump’s administration was continuing to explore options to address the fallout from Renewable Fuel Standard (RFS) compliance waivers handed out this month.

US Senator and 2020 Democratic presidential candidate Bernie Sanders unveiled Thursday his wide-ranging environmental plan modelled on the Green New Deal, aiming to decarbonise the country’s energy supply over the next 10 years and ramp up America’s international climate commitments under the UN Paris Agreement and Green Climate Fund (GCF).

California Carbon Allowance (CCA) prices declined this week ahead of the Q3 WCI auction, while RGGI allowances (RGAs) continued their bearish trend to remain at an 11-month low on the secondary market.

European carbon prices hit a fresh six-week low below €26 on Thursday, though prices again rebounded after steady auction demand and signs that Europe's economy could be resilient to wider weakness.

China should allow the use of some CO2 allowances from its regional pilot emissions trading schemes in the national cap-and-trade programme in order to maintain market integrity and avoid a price crash in the pilots, according to a recent study.

New Zealand carbon allowances are holding steady well above NZ$24 after the minor bull run earlier this month amid sound demand, although the contract has some way to go before it is back above the fixed price option level.

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