Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 38 min 30 sec ago
EUAs face a few more weeks of volatility before bull run resumes -analysts
A few more weeks of wild volatility stand between EU carbon prices currently anchored around €20 and the resumption of the bull run that has been on pause since mid-September, analysts predict.
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CN Markets: Pilot market data for week ending Nov. 23, 2018
Closing prices, ranges and volumes for China's regional pilot carbon markets this week.
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NZ Market: NZU price slide halts as demand emerges below ceiling
New Zealand carbon allowances this week halted their slide below the market's de facto price ceiling as compliance buyers emerged to provide support.
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Australia’s offset issuance drops, highlighting supply concerns for Labor’s potential ETS
Australia’s Clean Energy Regulator this week issued just shy of 20,000 carbon credits, only a tenth of the recent weekly average, highlighting concerns over the market’s ability to meet potential increasing demand under a strengthened Safeguard Mechanism.
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Senior Technical Officer, Climate Change And Supply Chain, Reporting, CDP – London
CDP is seeking a highly motivated individual to join the Technical Reporting team which develops the CDP questionnaires and the reporting guidance.
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CP Daily: Thursday November 22, 2018
A daily summary of our news plus bite-sized updates from around the world.
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Director of International Climate Policy, Center for American Progress – Washington DC
American Progress has an immediate opening for a Director of International Climate Policy. The Director of International Climate Policy will lead the Energy and Environment team’s work to develop and execute a program to support the framework of the Paris climate agreement and engage state and local governments, tribes, universities, and other subnational actors in climate diplomacy.
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German government seeks delay to coal phase out report -media
The German government will seek to postpone publication of the final report of its coal exit commission until January amid opposition, according to media reports.
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EU Market: Carbon hits 6-week high on eve of supply drought start
European carbon prices rose to a six-week high on Thursday, ahead of a reduction in new supply and the first auction-free day in over two months.
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NA Markets: California and RGGI units rise ahead of Thanksgiving holiday
California Carbon Allowances (CCAs) rose throughout the week before dipping after the November auction settlement results were released on Wednesday, while RGGI allowances (RGAs) increased slightly on thin volume.
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Australia’s Labor won’t push for outright CO2 price for electricity, but open to industry ETS
Australia’s leading opposition party, expected to win next year’s election, won’t push for an outright carbon price for electricity generators, but is open to establishing a market mechanism to reduce emissions in other sectors.
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CP Daily: Wednesday November 21, 2018
A daily summary of our news plus bite-sized updates from around the world.
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South African govt floats long-delayed CO2 tax bill in parliament, updates offset rules
South Africa’s finance minister on Tuesday introduced the government’s long-awaited carbon tax bill in the National Assembly, a week after the Treasury released updated offset regulations.
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Final WCI current auction of the year sells out at discount to V21s
The final California-Quebec current vintage auction of 2018 settled at a discount to the future sale for the first time in the carbon market's history, according to results released Wednesday.
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EU Market: EUAs hit 1-week high above €20 on spec buying, energy rebound
EU carbon prices climbed above €20 on Wednesday for the first time in over a week, as a stronger auction encouraged speculative bulls while coal prices rebounded from a seven-month low.
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New Jersey regulator approves crediting plan for nuclear energy
The New Jersey Board of Public Utilities (BPU) approved a Zero Emission Credit (ZEC) programme and application process for nuclear plants this week, potentially shoring up a low-carbon energy source as the state prepares to join RGGI in 2020.
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Environmental Advisor, BP – Sunbury-On-Thames, UK
Drive the North Sea carbon and energy transition plan and lead on compliance with Atmospheric Legislation and Regulation. Provide deep technical expertise and leadership in these areas, working across teams and functions to ensure systematic compliance and delivery of priorities.
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Chevron revealed as largest firm to get RFS waiver as 2019 final rule expected
Oil major Chevron earlier this year received a compliance waiver under the US Renewable Fuels Standard (RFS) for one of its facilities, a media report said on Tuesday, as stakeholders await the EPA’s finalisation of the programme’s 2019 blending mandate next week.
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Italy’s Enel extends low-carbon power trajectory out to 2021
Italian utility Enel is increasing its investments in renewables at the expense of thermal generation on the way to becoming emission free by 2050 as it set new strategic goals out to 2021, the company said Wednesday.
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Australia’s Labor party to back National Energy Guarantee with tougher emission targets
Australia’s opposition Labor party, favourites to win next year’s election, will reintroduce the ruling Coalition’s proposed National Energy Guarantee (NEG) if it wins office, but with a stricter emission reduction target for the electricity sector.
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