Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 45 min ago
Team Leader Mitigation Pathway Analysis, Climate Analytics – Berlin
Climate Analytics is currently seeking a new leader of its Mitigation Pathway Analysis Team.
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Head, Global Climate Law, Policy and Governance Programme, IIED – London
The Climate Change Group at IIED is looking for a Head of Global Climate Law, Policy and Governance Programme to lead the strategic direction and delivery of the programme and provide legal, technical and strategic advice to the Least Developed Countries (LDC) Group in the UN climate negotiations as requested
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Australia links energy, emission portfolios after Cabinet shake-up
Australian Prime Minister Scott Morrison on Sunday announced his new Cabinet after a shuffle that saw the responsibility for carbon emissions returned to the energy portfolio.
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EU Parliament’s fragmented election points to coalition building on climate
Projected EU Parliament election results early Monday suggest the assembly will retain its stance of pushing for more ambitious climate policy, though its centrist parties will need to rely more on liberal and green lawmakers to stave off populist climate-sceptic members.
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CP Daily: Friday May 24, 2019
A daily summary of our news plus bite-sized updates from around the world.
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EU Market: EUAs dip as UK PM exit stokes Brexit doubts, posting 1.9% weekly rise
EUAs fell on Friday to unravel more of what remained of the week’s gains as the UK Prime Minister’s resignation stoked Brexit uncertainty and bearish sentiment despite an auction-starved week ahead.
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US Carbon Pricing Roundup for week ending May 24
A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level taken this week, including the push to finish Oregon’s WCI-modelled cap-and-trade proposal, Maryland’s governor proposing an alternative method of achieving 100% clean electricity, and several developments related to compliance waivers and proposed biofuel credit trading reforms under the federal Renewable Fuels Standard.
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ICAO to limit CORSIA meeting attendance to aviation programme’s technical body
UN aviation body ICAO will restrict attendance at technical meetings for the CORSIA offsetting programme to members of the scheme’s 19-person advisory board, snubbing a central demand of environmental groups that have called for greater outside participation and transparency in developing the international carbon market.
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CN Markets: Pilot market data for week ending May 24, 2019
Closing prices, ranges and volumes for China's regional pilot carbon markets this week.
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World-first CO2 removal auction fetches average price higher than EU ETS
GHG removal credits were sold for an average €26.92 on Friday on a platform led by Finnish utility Fortum, the first of three pioneering auctions designed to test the trade in the voluntary carbon market.
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Utility AGL biggest earner in Australia’s latest offset issuance
Australia’s biggest-emitting company earned the lion’s share of this week’s newly issued carbon credits, receiving over 140,000 offsets.
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CP Daily: Thursday May 23, 2019
A daily summary of our news plus bite-sized updates from around the world.
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NA Markets: California prices decline into record-setting auction results, RGGI drags
California Carbon Allowance (CCA) prices receded this week ahead of and immediately after Wednesday’s publication of this month's record WCI auction results, while RGGI allowances (RGAs) barely budged for a second straight week.
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EU Market: EUAs sink 1.2% towards €26 as energy complex weakens
EUAs fell on Thursday to give back some of the week’s big gains as oil led the energy complex lower amid China-US trade concerns, while a weaker auction also helped quiet down bulls.
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COMMENT: ProPublica’s Inexcusable REDD+ Belly Flop
Mainstream media outlets have been congratulating themselves of late for becoming just 20 years too late on climate change, and now the same institutions that have consistently failed to cover the enormity of the challenge are failing to cover the myriad interlocking solutions. This week, ProPublica became the latest outlet to blow it
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Alberta moves to repeal carbon tax, while large emitter bill not expected till autumn
Alberta’s newly-elected United Conservative Party (UCP) government introduced a bill Wednesday to eliminate the previous administration’s C$30 carbon tax by next week, adding that legislation to overhaul the Canadian province’s large emitter trading programme would not follow until the fall.
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South Korea delays ETS compliance deadline to resolve banking issue
South Korea has delayed the annual compliance deadline in its emissions trading scheme by two months to allow all market participants to acquire the CO2 allowances they need, with the government opting to allow emitters more time amid a supply squeeze caused by permit hoarding.
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Australia’s Labor backs off carbon trading after election defeat
Central Labor party officials on Thursday questioned the wisdom of backing market-based approaches to cutting emissions after last weekend’s election defeat, dimming the prospects for an Australian carbon market beyond government-funded offset buying.
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CP Daily: Wednesday May 22, 2019
A daily summary of our news plus bite-sized updates from around the world.
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EU Market: EUAs lift nearly 4% on looming auction shortfall, higher gas
EUAs climbed by almost a euro on Wednesday to notch a third straight day of gains as next week’s auction dearth continued to lift sentiment while higher gas prices lent support.
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