Carbon Pulse

Australia’s former prime minister Tony Abbott on Wednesday threatened to vote against his own party’s proposed National Energy Guarantee (NEG) because it focuses too much on cutting carbon emissions.

Three South Korean firms have signed a preliminary agreement to invest in a cookstove PoA, as investors and participants in the country's emissions trading scheme dip their toes back into the CDM market after the government earlier this year made some UN-issued carbon credits eligible for compliance use.

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

Ontario carbon allowances held in Quebec and California will remain valid for compliance following Ontario’s departure from the WCI programme, though it remains unclear how the three jurisdictions will manage the fallout from Premier-designate Doug Ford’s decision to kill the province's carbon market.

EU lawmakers agreed on a 32.5% bloc-wide energy efficiency target late on Tuesday, which along with a scaled-up renewables goal would mean the bloc exceeding its 2030 emission goal and curbing demand in the EU ETS.

California regulator Air Resources Board (ARB) released a preliminary discussion draft on Tuesday that would give utilities more options for spending consigned allowance revenue in the state’s cap-and-trade programme, while also updating industry assistance factors and offset protocol procedures.

A sharp rise in EUA spot trading in early 2009 was initially thought to be more likely due to a natural maturing of the carbon market rather than tax fraud, according to a former trader at UK bank RBS on Tuesday during a trial over a £160 million ($212 mln) lawsuit.

European carbon prices fell to a new one-month low on Tuesday as late selling wiped out earlier gains prompted by the day’s bullish auction.

The Bulgarian unit of US-based power company ContourGlobal has inked a €78.6 mln deal to buy EU carbon allowances from Germany’s Statkraft Markets.

New Zealand carbon allowances edged up from 6-month lows on Tuesday as some buyers stepped in to take advantage of the bargain prices.

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

A top environmental commodities trading firm is looking for a CORPORATE TRADER – SPAIN Position based in Madrid, Spain

A top environmental commodities trading firm is looking for a CORPORATE TRADER – GERMAN SPEAKING Position based in Brussels, Belgium

A top environmental commodities trading firm is looking for a CORPORATE TRADER – CORPORATE CLIMATE ACTION Position based in Budapest, Hungary

Market participants and other experts are closely watching what Ontario Premier-designate Doug Ford's next steps will be in dismantling the province's cap-and-trade scheme, especially after his decision to abruptly pull the plug on the programme was met with a trading ban by WCI partners California and Quebec.

NRDC is looking for a 2-year Fellow with technical and/or engineering expertise to join our Climate & Clean Energy and International teams in Washington, DC. The Fellow will support NRDC’s domestic and international efforts to phase down the climate-damaging super-pollutants called hydrofluorocarbons (HFCs).

Shifting financial flows and aligning them with the long-term objectives of the Paris Agreement and the SDGs will be essential to unlock the full potential of climate action and bring it to scale. The CAN International Secretariat is therefore increasing its capacity to engage on both public and private finance by strengthening its team and widening the scope of existing activities as well as by launching new ones. 

CDP Europe is seeking a highly motivated individual to join CDP’s corporate engagement team. This position is an exciting opportunity to learn how to engage with global multinationals, such as L'Oréal, Volkswagen and Telefonica, around the reporting requirements of their strategies to mitigate climate change, improve water security and tackle deforestation.

This one-to-two-year role will support CDP in developing and delivering a program of engagement with policymakers in Indonesia, with the goal of addressing deforestation that results from production plantation forests and cash crops, including palm oil. This work forms part of a wider project being conducted by CDP with project partners following support from the Packard Foundation

We are looking for an experienced Senior Environmental Advisor to join our team in Birmingham. You will be providing Uniper UK with industry leading expertise in emissions management, carbon reporting and governance around current legislation.