Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 52 min ago
Associate II, Climate Program, World Resources Institute – flexible
WRI is looking for an associate to implement an initiative aimed at ensuring countries increase their climate ambition by 2020.
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Head of Forests and Climate Programme, ClientEarth – London
ClientEarth is seeking an experienced professional to take on the lead role in providing strategic direction and managerial oversight to its Forests and Climate Programme.
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Release of draft rules brings India’s voluntary carbon market a step closer
Non-profit group Network for Certification and Conservation of Forests (NCCF) has circulated draft rules for an Indian carbon standard and credit registry that will form the foundation of the country’s voluntary carbon offset market.
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EU Market: EUAs lift to €26 despite weak auction as observers keep bullish outlook
European carbon prices showed signs of recovery on Monday following the previous session’s 5% crash, although the lower prices failed to attract keen buying at the day’s auction.
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Japan’s J-Power scales back coal plant plans as Osaka Gas pulls out
Japanese utility J-Power has halved the planned size of a new coal-fired power plant in Yamaguchi prefecture after fellow generator Osaka Gas pulled out of the project.
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NZ Market: NZUs shackled as market awaits news on fixed price option
NZUs on Monday closed within the same tight 5-cent range for an 18th consecutive session amid limited demand ahead of next month’s compliance and lack of news on the fixed price option.
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Australian carbon industry group picks new CEO
Australia’s Carbon Market Institute has appointed a high-profile climate policy veteran as its new CEO, the group announced Monday.
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CP Daily: Friday April 26, 2019
A daily summary of our news plus bite-sized updates from around the world.
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NA Markets: CCAs surge to record high on smaller volume, while RGGI stagnates
California Carbon Allowance (CCA) prices continued to surge despite transacted volume dipping amid an industry event this week, while RGGI Allowance (RGA) saw little activity after Virginia officials finalised their cap-and-trade emissions.
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Higher California auction revenue needed to support emission reductions
California Carbon Allowance (CCA) prices need to quadruple to help support more ambitious carbon reduction policies, a state senator said Friday.
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Canadian federal offset system won’t be established until after national election -official
A Canadian government official on Friday revealed more details about Ottawa's development of a federal offset programme under its ‘backstop’ output-based pricing system (OBPS) for large emitters, though a change in government this fall could impact its future roll-out.
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EU Market: EUAs crash back below €26 as 2018 compliance season ends
EUAs slumped 5% to fall below €26 on Friday, crashing through technical support as some speculators sold heavily knowing 2018 compliance buying has effectively ended.
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Finland’s Fortum sees ETS emissions dip as hydro availability recovers
Finnish utility Fortum emitted 900,000 tonnes of CO2 from its EU ETS-regulated facilities over Q1 2019, down 10% year-on-year despite lower reservoir levels impacting hydropower output, it said in financial results on Friday.
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EU to consider carbon farming payments system
The EU is considering paying foresters for the CO2 they remove from the atmosphere in an effort to incentivise more emission savings in the sector.
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CN Markets: Pilot market data for week ending Apr. 26, 2019
Closing prices, ranges and volumes for China's regional pilot carbon markets this week.
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KEPCO to bear the brunt of soaring Korean CO2 prices
South Korean carbon prices rose to fresh record highs on Friday, leaving state-owned utility KEPCO to pick up the bill as the firm is obligated to compensate power companies for the CO2 allowances they have to buy.
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CP Daily: Thursday April 25, 2019
A daily summary of our news plus bite-sized updates from around the world.
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Mexico to re-release pilot ETS rules next month as it prepares for 2020 market launch
Mexico will re-release draft rules for its pilot carbon market in mid-May, a government official said Thursday, which will kick off a consultation process that will help the government finalise them ahead of the scheduled Jan. 2020 launch of the scheme.
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Campaigners put EU industry in crosshairs after years of flatlining emissions
EU industry’s free allocation of carbon allowances must be phased out urgently as part of a wide-ranging industry climate policy framework to ensure the sector decarbonises following years of flatlining emissions, campaigners Carbon Market Watch said on Thursday.
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Ottawa still committed to implementing its large emitter programme in Ontario -official
The Canadian government is still planning to impose its ‘backstop’ output-based pricing system (OBPS) on Ontario emitters despite the province having said it will create its own regulation for large installations in place of the national mechanism, a federal official confirmed Thursday.
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