Carbon Pulse

Power sector emissions and fuel consumption in California moved in opposite directions during recent months, roughly in sync with 2017 levels and potentially cancelling out the overall impact on the state’s cap-and-trade emissions.

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

Entities participating in the WCI cap-and-trade programme will see their holding limits revised downward next month to account for Ontario leaving the linked carbon market.

European carbon prices reached their highest level since May 2011 on Friday, setting a fresh seven-year peak in thin trade amid curtailed auction supply.

Prices for California Low Carbon Fuel Standard (LCFS) credits retreated this week as sell-side pressure reversed gains made in late July that helped notch several records.

Closing prices, ranges and volumes for China's regional pilot carbon markets this week.

Several state ministers on Friday refused to back the federal government’s proposed National Energy Guarantee (NEG), choosing instead to await the outcome of next week’s Coalition party room meeting in the hope that some of their major concerns about the scheme might be addressed there.

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

Activity in the California carbon market picked up this week as market participants looked ahead to next week’s quarterly auction, while RGGI prices fell as key member states advanced clean energy policies.

European carbon prices nudged back above €17.50 on Thursday, rising after a stronger auction to buck a three-day slide and push prices back towards their recent seven-year high.

Danish utility Orsted reported an 11% dip in its bioenergy and thermal power generation over H1, though any EUA demand decrease is likely to be limited as the company’s move away from fossil fuels continues.

Germany has launched a tender to procure nearly 300,000 offsets as part of its commitment to neutralise the GHG emissions generated from the business trips of federal government officials.

Spot NZU prices lifted on Thursday to set a fresh record high, the twelfth over the past two months, as available supply remained scarce and some emitters bet on impending clarity on government plans to amend the ETS.

Non-forestry firms covered by New Zealand’s emissions trading scheme handed in 6.8 million allowances more in 2017 than the previous year despite only a modest increase in emissions as the phase-out of the scheme's 2-for-1 rule began to take effect.

California regulator ARB on Wednesday provided updates to its proposal to incentivise the uptake of more zero-emissions vehicles (ZEVs) under the state’s Low Carbon Fuel Standard (LCFS), including a controversial measure to credit ZEV infrastructure build-out introduced earlier this summer.

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

California regulator ARB granted over 2.8 million California Carbon Offsets (CCOs) this week in the largest issuance since May, with an Oregon tribe’s forestry project receiving over three-fourths of that total.

EU carbon prices slipped below €17.50 on Wednesday despite a stronger enlarged auction, as the energy complex was dragged lower by heightened fears that a global trade spat will damage economic growth.

Some 56% of German energy companies expect EUA prices to be above €20 in the next five years, up from fewer than 40% of companies six months earlier, according to a survey published Wednesday.

A hot July helped China’s coal imports to hit their highest levels in almost five years as coal consumption continues to grow while the government’s work to carve out regulations for its planned national emissions trading scheme has ground to a halt.