Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 8 min ago
CP Daily: Monday November 5, 2018
A daily summary of our news plus bite-sized updates from around the world.
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Appearing to back down from intervention calls, Poland says current EUA price “acceptable”
Current EU carbon prices around €16-17 per tonne are "acceptable" to Poland, the country’s energy minister said this weekend after urging for the European Commission over the past two months to intervene and cool the market.
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Quebec may face carbon unit deficit as fuel emissions continue to rise
Quebec saw higher fuel emissions in the final two years of its cap-and-trade programme's second compliance period to cause a shortage of available allowance supply, making it a net buyer in the Western Climate Initiative (WCI), data shows.
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Brussels urges EU states to “file difference” to UN’s CORSIA aviation scheme
The European Commission is urging EU states to file a difference to the rulebook on the UN’s CORSIA, a Commission official said Monday, a move that casts further doubt on the future of the aviation offsetting scheme.
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EU Market: EUAs hold above €17 following weak auction
European carbon prices held above €17 on Monday, recovering from an earlier drop spurred by a weak and somewhat peculiar auction result.
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Aviation industry urges governments to wait to set a global GHG target
Governments should wait two or three years before setting a global aviation emission goal in case they "lose focus" on implementing the CORSIA offsetting mechanism, which is designed to limit emissions at 2020 levels, senior aviation representatives told a conference Monday.
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ICIS adds to analyst roster with EU ETS veteran hire
ICIS has added to its growing roster of analysts by hiring a veteran EU ETS expert.
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Indonesia economy ministry eyes 2021 start for carbon pricing mechanism
Indonesia, one of the world’s biggest GHG emitters, could have an emissions trading system or similar market mechanism ready for launch as early as 2021, a government official said.
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FEATURE: US midterm elections could be key to future climate initiatives
Tuesday's US midterm elections are unlikely to have a significant near-term impact on the RGGI carbon market or California’s suite of climate initiatives, but the winners could play a key role in developing those and other programmes further down the line, legislative experts said.
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CP Daily: Friday November 2, 2018
A daily summary of our news plus bite-sized updates from around the world.
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EU Market: Carbon surges nearly €2 in end-of-week recovery rally
The Dec-18 EUA contract on ICE shot up by nearly €2 on Friday to climb back above €17, leaving behind the previous day's four-month low to finish the week down 6.6%.
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FEATURE: Washington state voters take another stab at passing first US carbon tax
Following numerous unsuccessful attempts to put a price on Washington state's GHG emissions, a broad coalition of stakeholders is again rallying voters to overcome industry lobbying and make the state the first in the US to introduce a carbon tax.
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Latvian EUAs for sale stem from Phase 2 legal fight against Brussels
The 3.1 million EU Allowances being auctioned by Latvia on Nov. 16 originate from its 2011 legal victory against the European Commission over its Phase 2 allocation, Carbon Pulse has learned.
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CN Markets: Pilot market data for week ending Nov. 2, 2018
Closing prices, ranges and volumes for China's regional pilot carbon markets this week.
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Emitter demand, EUA trading volumes surge in September -German report
Operator demand for EU Allowances auctioned by Germany, as well as wider trading volumes, surged in September amid soaring prices, according to a new report.
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China Southern Power Grid Co. puts Guangdong offsets up for auction
China Southern Power Grid Co. will auction off a batch of carbon credits issued by the Guangdong provincial government, setting a floor price of 20 yuan ($2.90).
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Australia cancels ERF contracts for 2 mln carbon credits
Australia’s Clean Energy Regulator has terminated contracts with six projects meant to deliver a total 2 million offsets to the government’s Emissions Reduction Fund.
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CP Daily: Thursday November 1, 2018
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web
Ahead of compliance deadline, California’s ARB starts issuing offsets as it approves them
California's Air Resources Board (ARB) has been issuing offset credits to developers as they complete final reviews of projects ahead of the carbon market's Nov. 1 compliance deadline, marking a shift from the regulator's usual practice, numerous sources told Carbon Pulse.
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US federal agencies reinforce position on carbon neutrality of biomass
A trio of US federal agencies on Thursday made clear that they would work to develop policies that treat biomass as carbon neutral and a form of renewable energy, continuing the EPA’s efforts from earlier this year.
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