Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 40 min ago
EU Market: Late selling sends EUAs to first sub-€15 close in two weeks
Late selling on Thursday prompted European carbon prices to close below €15 for the first time in two weeks, despite a bullish auction result.
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EU lawmakers strike 2030 renewables deal, fail to agree on energy efficiency
EU lawmakers struck a provisional deal on a 2030 target of 32% renewables early Thursday but failed to reach agreement on an energy efficiency bill.
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CP Daily: Wednesday June 13, 2018
A daily summary of our news plus bite-sized updates from around the world.
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California’s ARB awards nearly 790k offsets in latest issuance
California regulator ARB handed out just shy of 790,000 carbon offsets across three different project types this week, as compliance demand helps boost prices.
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Low abatement, high costs to characterise future of cap-and-trade in Ontario and Quebec, study warns
Achieving emissions reductions in line with Ontario and Quebec’s climate goals will not occur under forecast WCI carbon prices, though it will see billions of dollars sent to California or elsewhere by the two provinces, according to a study released Wednesday.
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Global energy emissions hit record after three flat years, with Asia, Europe leading the way -BP
Global CO2 emissions from energy use climbed 1.6% in 2017 as output rose in both rich and emerging economies amid a pick-up in industrial activity, according to oil major BP.
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EU Market: EUAs climb further above €15 after bumper auction, as lawmakers close in on stronger energy targets
EU carbon prices inched higher on Wednesday after the market managed to absorb a large UK auction and as EU lawmakers were poised to set new clean energy goals.
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EU lawmakers likely to set clean energy goals above 30% -Arias Canete
EU lawmakers are on course to set 2030 renewables and energy efficiency goals of above 30% later today, Europe’s climate chief Miguel Arias Canete said Wednesday.
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British man disqualified for £7m carbon trading tax evasion
A British man has received a maximum 15-year disqualified order for his role in a £7 million tax fraud involving emissions allowances.
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China offers glimmer of hope for carbon offset developers
China climate officials are eager to include offsets in the national emissions trading scheme as a means to fund forestry and renewable energy projects, according to a senior official, offering a glimmer of hope for beleaguered developers.
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Intern, Capacity Building for the Establishment of Emissions Trading Systems in China, GIZ – Beijing
The project’s objective is to strengthen the capacity of and provide policy options to China’s key institutions and all involved stakeholders for preparing and establishing ETS on local and national levels. This includes methodological, technical, and policy advice on ETS design, infrastructure and operation, as well as capacity building. The project focuses on the exchange of experiences between Germany and China and strengthens the bilateral dialogue.
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CP Daily: Tuesday June 12, 2018
A daily summary of our news plus bite-sized updates from around the world.
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EU Market: EUAs drop below €15 as market struggles to absorb auction volume
EU carbon prices dropped below €15 for the first time in almost two weeks on Tuesday as a weak auction result suggested the market could struggle to absorb the wave of heightened volume ahead.
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Australia badly lagging on climate ambition -report
Australia’s Paris Agreement commitment is “grossly inadequate” and the target would have to be dramatically ramped up for the coal-reliant nation to do its fair share to keep climate change under control, a report found Tuesday.
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California stakeholders question LCFS crediting plans for ZEV infrastructure
A new provision from California regulator ARB to provide Low Carbon Fuel Standard (LCFS) credits for two types of fuelling infrastructure for zero-emissions vehicles (ZEVs) may raise concerns about the programme’s commitment to technology neutrality and environmental integrity, according to stakeholders at the agency’s public workshop on Monday.
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CP Daily: Monday June 11, 2018
A daily summary of our news plus bite-sized updates from around the world.
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Researcher, Climate Protection & Urban Governance, Ecologic Institute – Berlin
As Researcher in Climate Protection & Urban Governance, you will support our team in working on projects on national and European climate policy and urban governance. In particular, you will work at the interface between traditional emission reduction approaches and adaptation – especially in cities – to climate change. In addition, you will support the acquisition of new projects in these fields.
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EU Market: EUAs dip to 1-week low as auction supply loads up
EU carbon prices lost ground for a second day on Monday, sinking to a one-week low as traders grew preoccupied by coming weeks of high auction supply and a looming option expiry date.
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China to carry out mass inspections in one-year anti-pollution campaign
China’s environmental regulators on Monday started a one-year long campaign to ensure the enforcement of anti-emission measures across the nation’s most polluted cities as part of efforts to reduce its reliance on coal, according to an official statement.
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Undersubscribed South Korean carbon auction settles at discount
South Korea’s June 1 CO2 permit auction sold 85% of the allowances on offer, settling at a 2% discount to the secondary market, according to a government official on Monday.
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