Carbon Pulse

New Zealand carbon allowances fell 0.3% on Tuesday but still ended just 30 cents below the all-time highs hit in February as overall market sentiment remains bullish.

Japan this week issued the first-ever batch of offsets to a Thailand-based project under the Joint Crediting Mechanism (JCM), taking the number of host countries that have received carbon credits under the programme to five of Japan’s 17 partners.

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

The US EPA will begin treating CO2 emissions stemming from biomass combustion as carbon neutral, despite the agency’s own Scientific Advisory Board (SAB) having not settled on the issue.

Several stakeholders to the California Low Carbon Fuel Standard have urged regulator ARB to adopt an even stricter carbon intensity (CI) reduction target than in its latest proposal, while others have expressed concerns with the proposed third-party verification process and CCS protocol.

Carbon Pulse covered three North American carbon market conferences in the US and Canada over the past month. Here's a summary of the articles we filed from these events.

Global football governing body FIFA has teamed up with the UN to encourage fans travelling to this summer’s World Cup in Russia to offset their carbon emissions.

A C$50 national carbon price will shave C$10 billion or 0.5% off Canada’s GDP by 2022, according to a parliamentary report published Monday.

EU carbon prices lost ground for the third straight session on Monday, but recovered from an intraday three-week low as observers flagged the potential for further losses should EUAs break below a key technical support.

As planning officer for the GCF business sector in the Competence Centre for Climate Change and Environmental Policy, you will take on challenging technical and planning tasks in the development of projects for GCF. You will primarily advise and support GIZ’s field structure and the Client Liaison and Business Development Department in their dealings with GCF.

Two men have been jailed for a combined 26 years by a British court for selling vulnerable investors illiquid carbon credits via a ‘boiler room’ scam.

Australia’s Clean Energy Regulator handed out 222,554 carbon credits last week, but fewer than 7,000 went to projects not already under government contract.

If Australia decides to open for using international carbon credits to meet its Paris target, forest offsets from the Asia-Pacific region might be among its target markets, according to Energy and Environment Minister Josh Frydenberg.

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

European carbon prices dropped heavily for the second straight session, as a weak auction and slumping power prices triggered selling in choppy trade.

EU countries have now handed out nearly 90% of their allocations of free 2018 carbon allowances, data released late Friday showed.

California faces many challenges in guaranteeing a carbon price to help livestock and dairy farmers struggling to cut emissions despite having access to buyers willing to pay over $100/tCO2e for credits.

Ensuring that a change in the Ontario government this June will not lead to the province’s exit from the WCI carbon market will require separating the political elements of cap-and-trade from the pragmatic need to act on climate change, according to stakeholders.

Below is a table of the closing prices, ranges and volumes for China's regional pilot carbon markets this week. All prices are in RMB, and volumes in tonnes of CO2e. Data sourced from local exchanges.

State energy ministers in Australia on Friday agreed to let the Energy Security Board continue work on the National Energy Guarantee (NEG), which would introduce a carbon price signal in the electricity sector, but remained concerned over the scheme’s weak climate ambition.