Carbon Pulse
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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 27 min 2 sec ago
Australia’s national park authority earns first carbon credits
Australia’s Clean Energy Regulator this week issued over 77,000 offsets to the Director of National Parks, the first time the agency has earned credits for its efforts to control savanna fires.
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NZ Market: NZU bull run continues as permits hit NZ$22 for first time
The price rise in New Zealand’s carbon market continued Friday as allowances hit the NZ$22 mark for the first time in the market’s 10-year history.
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Hong Kong to launch carbon crediting scheme for building sector
Hong Kong is planning to launch a carbon crediting scheme for its building sector that could generate 2.5 million credits a year and is developing a blockchain-based trading platform to create a domestic market, according to government officials.
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Climate Change Solicitor, EDO NSW – Sydney
EDO NSW is a community legal centre specialising in public interest environmental law and policy. Our mission is to help the community protect the environment through the law. We have a fantastic maternity leave-backfill opportunity in our Litigation Team to use your legal skills to develop and support our climate change litigation.
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CP Daily: Thursday July 12, 2018
A daily summary of our news plus bite-sized updates from around the world.
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NA Markets: California shrugs off data on Ontario permits as RGGI slows
US carbon prices moved in opposite directions this week, but the change in values and volumes was minimal in both markets as new WCI data was published and the holiday season neared its peak.
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California LCFS Roundup: Prices extend record highs ahead of quarterly data release
Average credit prices in California’s Low Carbon Fuel Standard (LCFS) continued to set new highs in June, as market participants await more information on credit figures from Q1 2018 and regulator ARB’s rulemaking package.
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EU Market: After touching fresh high, EUAs dip below €16 to end 8-day rally
European carbon prices fell on Thursday, briefly dipping below €16 amid tumbling energy prices to end a 10% rally that had built up over eight straight days of gains.
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Brexit white paper sheds little new light on UK’s future role in EU ETS
A government white paper released Thursday that outlines the UK’s proposed post-Brexit relationship with the EU offered few further details on whether the country would seek to remain in the bloc’s carbon market, stacking up uncertainty as the format exit date approaches.
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Sixty NZ businesses to take climate action, cut emissions
Sixty New Zealand companies on Thursday vowed to measure and report their CO2 output and set GHG reduction targets in line with the Paris Agreement, a move that will impact half the nation’s emissions.
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CP Daily: Wednesday July 11, 2018
A daily summary of our news plus bite-sized updates from around the world.
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Canada’s Northwest Territories to implement C$20 carbon tax in July 2019
The Northwest Territories (NWT) will begin taxing carbon-based fuels in July 2019 at a rate in line with the federal government’s pan-Canadian framework, it announced Wednesday, with an accompanying rebate system designed to defray the costs for residents of the remote subarctic jurisdiction.
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Quebec issues first offsets for 2018 as compliance demand squeezes WCI market
Quebec's environment ministry granted almost 41,000 offsets this week to seven landfill gas projects in its first issuance since Sep. 2017, as traders said this fall’s approaching WCI compliance deadline is creating a supply crunch throughout the market.
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California hits GHG reduction target four years early, though emissions up in some areas
California has reduced emissions included in the state’s GHG inventory four years ahead of schedule, achieving the target laid out in the state’s landmark climate policy but still exhibiting increases in several sectors.
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US carbon tax seen as more effective due to dropping electricity prices -study
A nationwide carbon tax on the US electricity sector would yield more emissions reductions and fewer ratepayer impacts than previously thought thanks to falling prices for renewables and natural gas, according to an environmental think-tank.
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Norway invites Europe to bury emissions beneath its coastline
Norway has the capability to store all of Europe’s CO2 emissions, the Nordic country’s environment minister Ola Evestuen said Wednesday, adding that CCS is essential for reaching the ultimate goal of net zero greenhouse gas output.
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Swiss CO2 emissions fall in 2017 as biofuel use increases
Switzerland’s energy-related CO2 emissions continued to decline in 2017, the government reported Tuesday, attributing much of the fall to the increased use of biofuels.
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South Korea increases CO2 allocation amid growth prospects for industry
South Korea on Wednesday released the allocation plan for the second phase of its emissions trading scheme, adding more than 30 million permits annually for industrials to support their short-term growth prospects.
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Marketing & Communications Officer, Nexus for Development – Phnom Penh
The Marketing & Communications Officer will play an essential role in promoting and supporting all Nexus activities. Your scope of action will include taking the lead on designing and disseminating external communications materials, marketing projects and proposing strategic initiatives that takes Nexus’ communications and marketing to the next level.
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Graduate Program: Young Change Maker, South Pole – Amsterdam
The South Pole Young Changemaker Program offers the opportunity for young graduates to join us for a 1-year comprehensive program that provides in-depth professional learning and development across several areas: business development, project management and climate action.
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