Carbon Pulse

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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 57 min ago

California issues nearly 425K offsets as forestry projects net majority

Thu, 2019-02-14 08:39
California regulator ARB issued nearly 425,000 new California Carbon Offsets (CCOs) this week, with a majority of the credits going to two existing forestry offset projects.
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French carbon tax rises still “on the table” despite protests -minister

Thu, 2019-02-14 07:30
France may resume raising its domestic carbon tax if it modifies how the revenues are spent, despite the ongoing violent protests that led to last month’s scheduled increase being suspended, the country’s environment minister said this week.
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Greece’s PPC eyes another sale bid after tender failure

Thu, 2019-02-14 06:26
Greece’s state-owned utility PPC is targeting another attempt to sell its lignite assets in May after cancelling this month's initial tender because of lacklustre interest.
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EU Market: EUAs bounce back after hitting 2-mth low below €20

Thu, 2019-02-14 05:18
EU carbon prices fell below €20 for the first time in over two months on Wednesday, before bargain-hunters stepped in to attempt to reverse this week’s bearish slide.
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UK faces “incredibly tight timetable” to set up own post-Brexit ETS -experts

Thu, 2019-02-14 03:20
The UK faces "an incredibly tight timetable" for setting up its own ETS by 2021 and will likely need to rely on the EU’s goodwill should the government want to ensure minimal disruption for its emitters by linking to the bloc's carbon market post-Brexit, experts said on Wednesday.
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China beats ‘clean’ coal target as fossil fuels remain key part of energy, climate policy

Wed, 2019-02-13 19:47
China has reached 700 GW worth of so-called ‘clean’ coal capacity, state media reported, easily beating its five-year plan target of 580 GW by 2020.
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Departing boss of Australia’s CMI to join carbon offset firm

Wed, 2019-02-13 19:41
The departing CEO of Australia’s Carbon Market Institute (CMI) business association will join an offset specialist firm in his new role.
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CP Daily: Tuesday February 12, 2019

Wed, 2019-02-13 12:29
A daily summary of our news plus bite-sized updates from around the world.
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ECOSYSTEM MARKETPLACE: Former UNFCCC boss Yvo de Boer still working the climate puzzle, but from a different angle

Wed, 2019-02-13 10:05
Yvo de Boer values his solitude and his garden – both of which he neglected while serving as Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) from mid-2006 to mid-2010.
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Industries seeking greater allowance allocations, looser offset rules in Oregon ETS

Wed, 2019-02-13 09:22
Emissions-intensive, trade-exposed (EITE) industries are seeking greater free allowance allocations than currently proposed under Oregon’s possible cap-and-trade programme, while the agricultural sector is advocating for more cost protections and less onerous offset restrictions, according to written comments.
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Ontario proposes to harmonise OBPS with federal carbon pricing system

Wed, 2019-02-13 08:08
The Ontario environment ministry on Tuesday released draft regulations for its climate plan for large emitters, aligning with the federal government’s mandate through a rising carbon price and possible credit trading.
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LADWP to close three California natural gas-fired plants by 2029

Wed, 2019-02-13 07:42
The Los Angeles Department of Water and Power (LADWP) will phase out three natural gas-fired power plants by the end of the next decade as the city works toward its 100% renewable energy goal, city officials announced Tuesday.
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EU Market: EUAs plunge by over 8% to new 2019 low after key support breaks

Wed, 2019-02-13 05:42
European carbon fell by nearly €2 on Tuesday to their lowest so far this year, plummeting late in the day as prices crashed below a major support level that had held up since late 2018.
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World Bank carbon fund inks first REDD payment deals

Wed, 2019-02-13 05:06
Two African nations will receive over $100 million for protecting some of their forests under the World Bank’s Forest Carbon Partnership Facility (FCPF), the agency announced on Tuesday, jump-starting the first REDD payouts from the facility's Carbon Fund since it launched at the beginning of the decade.
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EU prepares to pick up airline ETS burden in event of no-deal Brexit

Wed, 2019-02-13 04:58
EU rules passed into law on Tuesday would transfer responsibility away from Britain for managing the ETS requirements for hundreds of airlines in the event of a no-deal Brexit, with Germany taking on many of the major carriers.
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China ETS emissions accounting improves, study finds

Tue, 2019-02-12 19:44
Chinese companies covered by pilot emissions trading schemes submit more correct CO2 data over time, a study has found, adding some hope that the national cap-and-trade programme can operate with credible data.
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NZ Market: NZUs jump to 2-month high on firm demand

Tue, 2019-02-12 19:34
New Zealand carbon allowances on Tuesday rose 1% to their highest since mid-December as demand around the fixed price option level remained firm while available supply was scarce.
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CP Daily: Monday February 11, 2019

Tue, 2019-02-12 09:08
A daily summary of our news plus bite-sized updates from around the world.
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Massachusetts surplus grows as state allocates 610k GWSA credits

Tue, 2019-02-12 08:51
The Massachusetts Department of Environmental Protection (MassDEP) allocated an additional batch of carbon permits for the state’s Global Warming Solutions Act (GWSA) market earlier this month, adding length to the newly created programme.
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New England hydroelectric line facing pushback from greens, utilities

Tue, 2019-02-12 08:41
A unique coalition of utility companies and environmental groups are contending that a proposed hydroelectric transmission line in New England could increase emissions in the the northeast US region, potentially having a spill-over effect in the RGGI cap-and-trade market.
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