Carbon Pulse

Imagine yourself organizing a town hall meeting on solar power. Or building a community coalition to keep local waters clean. Imagine building the organizational power—the funds, the membership, the activist base and more—that it takes to keep all of this critical work going for the long haul.

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

Deficit generation under California’s Low Carbon Fuel Standard (LCFS) receded during Q3 2018 on the back of stronger electric vehicle numbers, as the Oregon Clean Fuels Program (OCFP) recovered from the market’s first ever quarterly shortfall.

Oregon state lawmakers published draft carbon market legislation on Thursday that would establish an ETS that could link to other North American programmes, with an enlarged Democratic majority potentially enabling the proposal to pass this year.

European carbon prices recovered from a three-week low Friday on the back of technical buying and short-covering, though EUAs still recorded a 8% weekly loss amid bearish pressures.

Oil major BP has bowed to investor pressure by agreeing to disclose more information about how it views the climate risk of its operations, though it rejected campaigner calls to set emission targets for its products.

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

Finnish utility Fortum emitted 2.5 million tonnes of CO2 from its EU ETS-regulated facilities over 2018, up 4.2% year-on-year, it said in financial results on Friday.

As part of the Portfolio Management team you will be responsible for overseeing and developing business for the sales and trading of carbon credits and Renewable Energy Certificates (RECs).

The CEO of Australia’s Carbon Market Institute has left the business association after six years to pursue other opportunities.

Australia’s Clean Energy Regulator this week issued nearly 345,000 carbon credits, taking the total number issued in the first month of the year to a sixth of the entire amount issued for all of FY2017-18.

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

New York state lawmakers reintroduced an omnibus climate change bill on Thursday that allows for a market-based mechanism to help achieve enhanced GHG reduction targets, with legislators seen facing better odds of passing the proposal in 2019 after Democrats took control the upper chamber this year.

US carbon prices on both coasts experienced relatively little movement this week, with RGGI allowances (RGAs) slightly increasing as an entity shifted positions on the secondary market while California Carbon Allowances (CCAs) dipped on thin activity.

Power sector emissions covered under the northeast US RGGI carbon market increased by almost 7% last year despite falling in Q4, marking only the second time in the programme’s history that yearly CO2 output has accelerated.

European carbon prices lost ground today amid falling power prices and ahead of Germany’s first auction for almost three months.

Doubts are growing that Germany’s proposed plan to cancel a large quantity of EU carbon allowances based on its coal phaseout may not give a neutral price signal for the bloc's ETS, as modelling difficulties and loosely-worded guidance may test Berlin’s resolve.

A group of Japanese companies have scrapped plans to build a coal-fired power plant that would have emitted some 12 million tonnes of CO2 annually, and are considering constructing a gas-fired plant in the same location.

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

The US EPA will incorporate many of the recommendations from the government’s trading regulatory body on reforming the biofuels credit market under the federal Renewable Fuels Standard (RFS), according to the environmental agency’s acting chief.