Carbon Pulse

At least four Latin American and Caribbean countries have voiced interest in hosting next year’s UN climate summit after Brazil withdrew its offer.

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

Zanzibar’s Masingini Natural Forest Reserve provides drinking water for much of the island and habitat for dozens of rare and endangered species, but its forests are being illegally clear-cut. Meanwhile, in the Brazilian Amazon, the “lungs of the planet”, recent satellite images show 7900 square km of illegal deforestation in just the last year. Isolated transgressions? Hardly.

A growing number of Canadian provinces and organisations are taking sides and requesting to intervene in the legal fights against the federal government’s carbon tax.

Companies that exceed their emissions limits set under South Africa’s upcoming climate laws will be forced to pay a penalty of at least five times the country’s carbon tax.

Saskatchewan's Ministry of Environment has outlined 25 targets across five areas to complement the province's climate change strategy and reduce the impacts of global warming.

The US Environmental Protection Agency (EPA) rejected calls from refiners to lower its conventional renewable fuel quota from 15 billion gallons in 2019, while finalising a modest 3% increase to its total biofuels requirement for next year, the agency announced Friday.

European carbon rose further above €20 on Friday, supported by firmer energy prices and the lack of new supply.

A group of northeast US states will begin the public process next month to design a carbon programme for the region’s transportation sector, sources told Carbon Pulse.

Governments will converge Katowice, Poland over the next two weeks to hammer out how to meet the goals of the 2015 Paris Agreement, but some countries are set to spurn calls for more urgent action.

News and analytics firm ICIS has a hired a long-time environmental trader for its North American carbon team, Carbon Pulse has learned.

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

Australia’s Clean Energy Regulator issued 71,012 carbon credits to six projects this week, more than last week’s lows but still well below average levels.

Australia’s GHG emissions in FY2017-18 rose to their highest levels in seven years, driven by increased LNG production, mining, and manufacturing, according to government data released on Friday.

Consultants Klimapolitika is looking for an intern to assist with analysis as well as handling website and social media activities.

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

More than 40% of the world’s coal power stations are already running at a loss, and new wind and solar plants will provide cheaper electricity than almost all coal generators by 2030, according to a study published Friday.

Ontario's Progressive Conservative (PC) government on Thursday unveiled its new carbon tax-free climate strategy, which will see it use output-based performance standards (OBPS) for large emitters while incentivising additional GHG cuts through a fund to reach weakened 2030 reduction targets.

A Hawaii climate commission this week urged lawmakers to enact a carbon tax to help the state curb its transportation emissions, despite the legislature failing to pass an CO2 pricing bill earlier this year.

California Carbon Allowances (CCAs) saw little price movement this week despite a surge of volume after the Thanksgiving holiday, while RGGI allowances (RGAs) continue to see limited activity ahead of the final auction for 2018.