Carbon Pulse

A strong auction clearance lifted EUAs early on Tuesday, continuing the previous day’s near €2 rally that clawed back much of last week’s losses.

An international commodity trading company this week cancelled 100,000 CERs from a project owned by a subsidiary of China’s state-owned power giant Huaneng, making it the latest Chinese CDM project to get some drops of comfort from the voluntary market.

New Zealand carbon allowances on Tuesday fell below the NZ$25 ($17.21) threshold for the first time in nearly three weeks as small batches of supply from forest-owners became available.

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

ICE has asked the US Commodities Futures Trading Commission (CFTC) to approve several new carbon market products, including California Carbon Offsets (CCOs).

The UN has awarded two contracts to buy a total 140,800 Gold Standard CERs to offset the organisation’s annual emissions.

Massachusetts gave out almost 570,000 additional carbon allowances last year to power plants capped by the state’s Global Warming Solutions Act (GWSA) market, and emissions data suggests those allocations likely flipped the programme’s overall position from short to long. 

Connecticut is aiming to finalise its regulations to adhere to the post-2020 RGGI Model Rule by this spring, a state official told Carbon Pulse.

EUAs rallied by almost €2 after hitting a 2019 low early on Monday, as shorts were squeezed and buyers picked up cheap units ahead of an industry conference this week.

Virginia on Monday published in the government registry its revised proposal for a cap-and-trade system to link with the northeast US RGGI market in 2020, regulations that are not expected to be impacted by the recent controversy involving Governor Ralph Northam (D).

Verra seeks two Senior Program Officers and two Program Officers to join its growing program team. The ideal candidates will possess a strong technical knowledge of, and experience working with, environmental and/or social standards.

Verra seeks a Program Operations Manager to lead its growing program team. The ideal candidate will possess an ability to lead a technical team to ensure the smooth day-to-day operations of the Verra programs.

Verra seeks a dynamic Program Officer to join its market development team to support market engagement, research and external communications.

Climate Strategies is looking for a new project manager in their London offices.

Climate Advisers seeks a senior level professional to lead an exciting multi-year project dedicated to creating unprecedented transparency about the companies, financial institutions and investors that are contributing to deforestation and land sector greenhouse gas emissions around the world.

Climate Advisers seeks a Chief Economist for economic and financial analysis of global natural resources.

Climate Advisers seeks a Grants and Development Manager to join its team.

Climate Advisers—a research and public policy group dedicated to strengthening climate action in the United States and around the world—seeks a Director of Capital Markets to join its growing team.

The assignment will prepare an analytical report on priority areas/sectors at national and sub-national level on the basis of alignment with national and sub-national policies and GCF’s investment framework and strategic impact areas.

Due to continuing success in our Climate, Resilience & Sustainability (CRS) Team, we are looking to recruit a Senior Consultant to provide support to continue this exciting period of growth of the CRS Team.