Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 40 min ago
Experts debate California’s 2045 decarbonisation options for industry
California regulator ARB began a series of workshops Monday on how to eliminate the state’s economy-wide carbon footprint, with experts offering considerations and strategies for achieving that goal in the industrial sector.
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CP Daily: Monday July 8, 2019
A daily summary of our news plus bite-sized updates from around the world.
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Quebec to intervene in Saskatchewan’s Supreme Court appeal over Canada CO2 price
Quebec will intervene on behalf of fellow conservative-led province Saskatchewan's Supreme Court appeal against the Canadian federal government’s ‘backstop’ carbon pricing plan, it announced on Monday.
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Research Fellow (Fossil Fuels), Stockholm Environment Institute – Bogota, Colombia
We are recruiting a Research Fellow (perhaps a Senior Research Fellow for an exceptional candidate) to work on projects related to breaking fossil fuel lock-in and promoting just transitions away from fossil fuel extraction.
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Impact Specialist, Climate Neutral Group – Utrecht
Many of the activities of CNG start with the calculation of the carbon footprint of an organization or the Life Cycle Analysis of a product. These calculations are indicative as to where the largest CO2 reduction can be achieved and how progress can best be monitored. The Impact Specialist decides how the calculations are carried out throughout the chain. Choices related to emission factors, scopes and boundaries are made transparent.
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Business warn coal-exiting EU states over need to cancel carbon units
Business group IETA is urging EU member states to cancel EUAs when they implement coal power phaseouts to avoid a collapse in carbon prices.
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Iceland’s bankrupt WOW Air served with record EU ETS non-compliance fine
Grounded Icelandic airline WOW Air has been hit with a record €27 million penalty for non-compliance under the EU ETS.
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ANALYSIS: EU industry could face fines, permit clawbacks after landmark court ruling
Following a major court ruling, Europe’s big industrial emitters may face fines or even be required to return EU carbon permits that have been mistakenly allocated since 2013, experts have warned.
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EU Midday Market Brief
EUAs ticked further above €26 early on Monday, with observers saying lighter auction volume could provide support this week.
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New Zealand launches tender to build CO2 auctioning platform
The New Zealand government launched a tender on Monday for information and advice on building an auction platform for its ETS, with the intention to start selling carbon allowances next year.
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GHG removal trading platform considers expansion beyond Nordics
The Puro GHG removal trading platform led by Finnish utility Fortum is considering expanding beyond its Nordic base after holding three pilot auctions for the voluntary carbon market.
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CP Daily: Friday July 5, 2019
A daily summary of our news plus bite-sized updates from around the world.
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FEATURE: Growing anti-climate political rhetoric highlighting need for ‘just transition’ plans
A growing trend of right-wing populist politicians embracing anti-climate change and anti-carbon pricing rhetoric is putting more pressure on governments to develop and communicate 'just transition' plans to help affected communities.
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Ontario finalises Emissions Performance Standard, but programme operation still uncertain
The Ontario Industrial Emissions Performance Standard (EPS) finalised by the province's Progressive Conservative government won’t take effect until the jurisdiction is removed from coverage under the ruling federal Liberals’ output-based pricing system (OBPS), the government announced Friday.
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California, Quebec retire CO2 allowances for Ontario de-linkage as WCI surplus builds
California and Quebec regulators have retired carbon allowances to account for Ontario’s abrupt exit from the WCI cap-and-trade programme last summer, while California also shifted more permits into the state’s Allowance Price Containment Reserve (APCR) and retired units on behalf of a bankrupt power utility during Q2 2019.
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US EPA targets 0.6% bump in 2020 Renewable Fuel Standard quotas
The US EPA proposed a less than 1% increase in renewable volume obligations (RVOs) for the federal Renewable Fuel Standard (RFS) on Friday, as biofuel groups hit back against the agency for its refusal to reallocate waived compliance volumes granted through exemptions.
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Germany non-ETS carbon price of €80/t unlikely to achieve 2030 goals -study
Germany could impose a rising CO2 price averaging €80/tonne in the non-ETS sectors of buildings and transport during the next decade, but the country would still require additional measures to meet its 2030 climate goals, according to a government-commissioned study published Friday.
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EU Market: Strong rebound puts EUAs on track for weekly rise despite heavy supply
European carbon hit a nine-day low on Friday before rebounding strongly back above €26 as dip-buyers emerged, putting EUAs on track to end a week of elevated auction supply higher.
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CN Markets: Pilot market data for week ending July 5, 2019
Closing prices, ranges and volumes for China's regional pilot carbon markets this week.
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NA Markets: California allowances continue rebound, RGGI dithers
California carbon allowance (CCA) prices climbed by double-digits for the second straight week on the back of renewed speculative interest, while RGGI allowance (RGA) prices ended a touch lower on fairly standard volume.
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