Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 55 min ago
Climate and Clean Energy Policy Manager, Washington Environmental Council – Seattle
WEC seeks a Climate and Clean Energy Policy Manager to advance policy and campaigns that reduce climate pollution in an equitable way to meet our 2035 emission limits, and ultimately strengthen these limits to meet the challenge of climate change.
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CN Markets: Pilot market data for week ending Aug. 24, 2018
Closing prices, ranges and volumes for China's regional pilot carbon markets this week.
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Australian energy firm racks up nearly 700k offsets
Australia’s Clean Energy Regulator has issued over 825,000 carbon credits over the past two weeks, with energy firm EDL LFG earning over four-fifths of them from landfills and coal mine gas projects across the country.
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Higher EUA price helps create new tipping point for renewables -green group
New onshore wind and solar power generators can for the first time compete with existing thermal plants due to EUA prices climbing above €20 and higher fossil fuel prices, environmental campaigners said Friday.
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Climate policy stuck in the doldrums as Australia changes prime minister
Treasurer Scott Morrison on Friday ousted Malcolm Turnbull to become Australia’s new prime minister, a move likely to push climate change even further down the government’s agenda, but the defeat of right-winger Peter Dutton makes it less probable the nation will seek an exit from the Paris Agreement.
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CP Daily: Thursday August 23, 2018
A daily summary of our news plus bite-sized updates from around the world.
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NA Markets: WCI prices recover following post-auction sell-off
California carbon prices rose this week following Tuesday’s publication of the linked WCI market’s sold-out quarterly auction result, after some entities had looked to turn a profit immediately after the data was made public.
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ANALYSIS: Next stop €25? More analysts raise short-term price estimates as EUA rally motors on
EU carbon allowances could rise to €25 before the end of the year, according to growing number of analysts, extending a year-long rally that has already seen prices quadruple to their highest level in a decade.
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UK’s ‘no deal’ Brexit contingency paper on EU ETS due next month -source
The UK will publish a technical notice focused on the EU ETS by the end of next month, a source told Carbon Pulse, which will set out a plan and provide advice in the case that Britain leaves the bloc with no deal in 2019.
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NZ Market: NZUs take another step towards NZ$25 ceiling
New Zealand carbon allowances reached NZ$24.65 ($16.45) on Thursday, just 35 cents below the government’s fixed price option, with some market participants expecting to see trades above that level soon.
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EU Market: EUAs back above €20 for the first time in 10 years
EU carbon prices broke above €20 in a surging 4% move early Thursday, as a strong auction result triggered further buying.
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CP Daily: Wednesday August 22, 2018
A daily summary of our news plus bite-sized updates from around the world.
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California approves legislation to prevent rise in GHGs from nuclear plant shutdown
The California Assembly this week sent a bill to Governor Jerry Brown’s office that would avert GHG increases stemming from the scheduled closure of the state’s last remaining nuclear power facility, bolstering the state’s commitment to clean energy resources over the next decade.
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California distributes nearly 265,000 offsets as forestry projects net vast majority
California regulator ARB doled out roughly 264,600 California Carbon Offsets (CCOs) this week as forestry projects took home over 89% of the credits issued.
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EU Market: EUAs fall just short of €20 in hitting another 10-year peak
European carbon prices got within a few cents of €20 on Wednesday to continue their August bull-run that has repeatedly extended a decade-high amid curtailed auction supply.
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Carbon Forward: Why investors have learned to love EU carbon again
Investors have piled into the EU ETS over the past year as prices have trebled, seeking exposure to lucrative returns that may last for years as carbon is predicted to double in value again.
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Guangdong issues nearly 200k offsets from provincial carbon scheme
China’s Guangdong province has issued nearly 200,000 carbon credits under its regional programme that supplies the local emissions trading scheme with offsets in the absence of a functional national system.
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Senior Project Director, Greenhouse Gas Management Institute – US
This position is responsible for successful implementation of an international MRV capacity building project with multiple partner and stakeholder organizations.
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UN approval to open gates for international credits in South Korea’s ETS
The UN's CDM Executive Board has registered a Korean-funded emission reduction programme in Bangladesh, a move expected to trigger a wave of fresh investments in schemes that can generate carbon credits eligible for use in the Korean emissions trading scheme.
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CP Daily: Tuesday August 21, 2018
A daily summary of our news plus bite-sized updates from around the world.
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