Carbon Pulse

The full EU Parliament on Tuesday gave its approval to two bills that extend to 2030 emissions goals from sectors outside the EU ETS, giving a select number of richer EU states the option of cancelling some ETS allowances to help meet the their targets more easily.

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EU ETS stakeholders are expecting further changes to the carbon market as most believe recently-agreed reforms aren’t enough to meet the bloc’s long-term climate goals, a report found on Tuesday.

China will have to cut production levels in its most polluting industries by 30% by the end of next decade to meet the government’s air pollution targets, but has the opportunity to build a clean tech market worth $3.2 trillion along the way, according to a study released Tuesday.

New Zealand on Tuesday established the Interim Climate Change Committee, which will explore whether and how to bring agriculture into the nation’s emissions trading scheme.

Australia’s main opposition party on Tuesday embraced draft changes to the National Energy Guarantee (NEG) it said would make the policy work like an emission intensity trading scheme, but maintained the government-set emission target and approach to state renewable goals were unacceptable.

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We are looking for a North American Environmental Markets Correspondent to help us bolster and expand our coverage of carbon and other environmental markets.

The Senior Associate reports to the U.S. Climate Alliance Executive Director. The Senior Associate supports and responds to state-led initiatives, and works with the Energy and Climate team at the United Nations Foundation, which houses the Alliance Secretariat.

Do you seek an experience where you have the ability to contribute to climate change policy and the opportunity to support ongoing integration in the implementation of strategic and operational policy? The Climate Change Policy Branch is seeking two temporary Policy Advisors for a 24-month term who are self-motivated and experienced at policy development, agile in working on critical policy initiatives and creative in resolving complex policy and regulatory problems.

The Ontario government has released a framework for its voluntary offset programme, approving three quantification methodologies under an ‘open architecture’ approach that doesn’t limit project types.

Blockchain-based carbon credit platform Poseidon has committed to spend its first tranche of cash to buying Peruvian REDD credits from UK-based Ecosphere+, as part of an initiative offering a voluntary carbon credit platform for retailers.

New York's grid operator has floated options for how the state might apply a carbon price to the price of traded electricity in concert with RGGI, with one alternative requiring that power suppliers provide more data than is currently required.

EU carbon prices briefly climbed to a new seven-year high above €14 on Monday, gaining for the seventh consecutive session as observers pointed to further gains.

Australia’s federal government over the weekend issued a new discussion paper on the National Energy Guarantee (NEG), shrugging off massive criticism to stand firm on the scheme’s overall emissions ambition, approach to state-based renewables targets and use of carbon offsets.

Slovakia broke EU law by imposing a tax on sold or unused EU carbon allowances, Europe’s top court has ruled, a verdict that could cost the government tens of millions of euros.

EDF's Global Climate team seeks a Senior Analyst to provide critical research and analysis in support of our U.S. focused efforts to advance market-based policy solutions to address climate change. As a key player on a growing team, the Senior Analyst will inform our advocacy as we work to strengthen and expand carbon pricing regimes at the state level, and begin to lay the foundation for ambitious carbon pricing policy at the federal level.

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EU carbon prices ended higher for the sixth straight session on Friday, briefly climbing above €14 and near their seven-year high, though some warned weak auction demand could soon signal a correction.