Carbon Pulse

Australia's Queensland state government will next week invite funding proposals for a pilot round of the new Land Restoration Fund, which aims to support in-state carbon farming projects.

Fifteen major energy industry, business, environmental and civil society groups in Australia on Thursday called on the government to include a climate strategy in its latest energy sector plan.

The Senior Environment Specialist is responsible for leading the integration of environmental dimensions into the work of the Asian Infrastructure Investment Bank (AIIB), recognizing the importance of this issue in the development of sustainable infrastructure.

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

**This article is available to non-subscribers** – A Brazilian electric generation company has announced it will sell 492,647 Verified Carbon Units (VCUs) from a hydro project in the southern part of the country on Wednesday, Nov. 7.

California should evaluate options for managing allowance supply in its cap-and-trade programme and provide additional data to market participants about the volume of banked credits, according to a report released this week by a panel of advisers.

The Inlandsis Fund has partnered with a US project developer to collaborate on a mine methane carbon offset initiative, marking the third such alliance announced by the Quebec-headquartered investment vehicle in the past month.

California’s Air Resources Board (ARB) this week issued another plenteous batch of offsets, with seven new projects accounting for the vast majority of the 4.72 million credits distributed.

EU carbon prices gained for the second straight day on Wednesday, rebounding after prices failed to fall below €19 in early trade.

Despite years of collaboration in developing their low-carbon fuel standards (LCFS), California and Oregon regulators are not planning to link their markets in the near future, officials said on Tuesday.

EU carbon prices will continue to experience massive volatility between now and December, experts predict, despite new information suggesting the market may be more balanced than previously thought.

Finnish utility Fortum emitted 1.8 million tonnes of CO2 from its EU ETS-regulated facilities over the first nine months of 2018, up 6% year-on-year, it said in financial results on Wednesday.

New Zealand carbon allowances closed unchanged for the third consecutive on Wednesday and have been rangebound for almost three months as the market continues to await news on what the government will do with the price ceiling.

Cap-and-trade programme data does not support an adjustment of future caps, and the proposed post-2020 price collars are aligned with legislative mandates, a senior Air Resources Board (ARB) official said at the Argus Carbon & Biofuels Summit.

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

Newfoundland and Labrador (NL) and Nova Scotia revealed Tuesday their updated plans to comply with the federal government’s carbon pricing mandate, with the NL proposal taking an exemption-filled hybrid pricing system and Nova Scotia shifting the design of its ETS by allowing auctions.

Oregon Democrats are promising to support a cap-and-trade proposal slated for discussion during the 2019 legislative session, but the future of that programme could depend on next month's gubernatorial election, a conference heard on Tuesday.

California’s Air Resources Board (ARB) does not plan to present its board with additional changes to its proposed cap-and-trade amendments at a November meeting, a senior ARB official said on Tuesday.

The Canadian federal government on Tuesday announced it will fully or partially implement its ‘backstop’ carbon pricing plan next year on five provinces that are resisting Ottawa’s efforts to set out a carbon tax or ETS.

Mexico has released details of its three-year cap-and-trade pilot programme, which will begin in 2019 and feature some of the same mechanisms used by other North American carbon markets.