Carbon Pulse

California Carbon Offsets (CCOs) were held in Ontario-registered accounts when the government opted to cancel the province's carbon market and freeze all trading, an Ontario government official confirmed on Tuesday.

EU carbon prices fell by more than a euro amid declining energy prices and technical selling on Tuesday, continuing the previous session’s slide back from a two-week high.

Climate policy featured as one of the contentious topics during California’s lone gubernatorial debate on Monday as the leading candidate suggested he would use increased measures to curb fossil fuel use in the state if elected next month.

The US Supreme Court on Tuesday refused to grant a request to reconsider an Obama-era ban on potent heat-trapping gases, aligning with the Trump administration’s position on throwing out the appeal.

EU environment ministers on Tuesday were unable to agree on raising the bloc’s 2030 emission reduction goal this year, though 15 of the 28 called for an increase before the end of the decade.

The Regional Greenhouse Gas Initiative (RGGI) will auction off 13.4 million allowances at the Dec. 5 auction, regulators announced Tuesday.

Denmark will cancel 8 million EUAs next decade by applying a provision that allows a club of richer EU member states to help meet their non-ETS goals more cheaply, according to a report released Tuesday.

A Netherlands court on Tuesday rejected the government’s appeal against a 2015 ruling that ordered it to set a deeper emission reduction goal, a judgement that potentially establishes a global precedent in holding a state responsible for taking necessary steps to prevent dangerous climate change.

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

European carbon prices topped €22.50 for the first time in two weeks on Monday, but ended in the red after news was published suggesting the UK is unlikely to stay in the EU ETS post-Brexit.

RGGI compliance entities are increasing their long positions in the market as prices continue to rise above the $5.00 level, according to data from the US Commodity Futures Trading Commission (CFTC).

The UK is "unlikely" to remain in the EU ETS after it leaves the bloc but its strong preference is to design a domestic approach that is "highly aligned" with the continental carbon market, a senior British government official said.

The Western Climate Initiative (WCI) is set to commission a report this week to help it better account for cross-border compliance instrument transfers in the North American carbon market and demonstrate progress toward climate goals, including those outlined in the Paris Agreement.

Renewable Identification Numbers (RINs) prices under the US Renewable Fuels Standard (RFS) slid back to near single digits Monday as reports suggested President Donald Trump will announce year-round sales of 15% ethanol blends (E15) at a Tuesday rally.

New Zealand carbon allowances on Monday hit new all-time highs, although in small trades reflecting the shortage of available supply in the market.

When Japan-headquartered oil firm Inpex launches the two tranches of its Ichthys gas field this year and next, Australia’s Northern Territory will see its annual GHG emissions rise by over 40%, putting the nation further off track to meet its Paris Agreement obligations.

Vietnam has become among the first countries to signal it will adjust its Paris pledge at December’s climate talks, a change that would enable the rapidly-developing country to emit tens of millions of tonnes more GHGs by 2030 than previously pledged.

EIA is seeking a full-time Policy Analyst for its Climate Campaign, which centers on an award winning efforts to rid the world of the worst climate super-pollutants, including hydroflourocarbons (HFCs) which are thousands of times more destructive than CO2.

Uniper is looking for an entry-level advisor to help safeguard the company’s interests in energy, environment and climate policy within the political decision-making process in Brussels.

The world must cut CO2 emissions 45% below 2010 levels by 2030 and achieve net zero emissions by mid-century if it is to stand a chance of limiting global warming to 1.5C, the Intergovernmental Panel on Climate Change (IPCC) said Monday, in a report highlighting the far-reaching differences in impact between 1.5C and 2C of warming.