Carbon Pulse
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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 52 min 13 sec ago
CP Daily: Wednesday April 11, 2018
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web
No California offsets issued for first time in over two years
California regulator ARB did not hand out any California Carbon Offsets (CCOs) on Wednesday, the first issuance round since June 2015 where no new offsets were distributed.
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Finland opts for €100/tCO2 coal phase-out branded “cosmetic” by industry
Finland’s government has opted to ban coal in energy production from 2029, a move that the power sector branded "cosmetic" for reducing a tiny amount of residual emissions for €100 per tonne of CO2.
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Environmental concerns arise as US Senate committee hears CCUS bill
Several US senators expressed their concerns that a new bill to support the development of carbon capture utilisation and storage (CCUS) technologies could undermine environmental regulations during a committee hearing on Tuesday.
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EU Market: EUAs lift as auction demand regains strength
EUAs hit a one-week high on Wednesday as a stronger auction prolonged bullish momentum while traders played down prospects of a near-term correction.
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Australian minister holds firm on NEG, eyes August deal
Australia’s Environment and Energy Minister Josh Frydenberg wants the final rules of the National Energy Guarantee (NEG) agreed by August and legislated by the end of the year, he said Wednesday, showing little interest in compromising on issues that critics have identified as shortcomings of the scheme.
Categories: Around The Web
CP Daily: Tuesday April 10, 2018
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web
ANALYSIS: Beyond Ontario, political and regulatory risks still hang over WCI market
With all eyes on the political uncertainty stemming from Ontario's upcoming election, experts say many WCI market participants are overlooking other risks to the programme.
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Carbon pricing having positive economic, environmental impact on Ontario -reports
Ontario is beginning to experience beneficial effects from its cap-and-trade programme, both on the economy and GHG emissions, that are expected to continue over the next several years, according to two related studies released on Monday.
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EU lawmakers seek more on IMO emissions deal
EU lawmakers urged countries to agree to a more ambitious deal to curb global shipping emissions, warning on Tuesday that the bloc will otherwise go further on its own.
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EU Market: EUAs sink from 4-day high after struggling to absorb swollen auction
European carbon prices dipped back from a four-day peak towards €13 on Tuesday as the market struggled to absorb units from a bigger-than-normal auction.
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SK Market: KAUs slide to 3-mth lows as supply outlook brightens
South Korean carbon allowances have edged down to their lowest levels since Jan. 29 this week as available supply is slowly emerging.
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CP Daily: Monday April 9, 2018
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web
Air Pollution Specialist, California Air Resources Board – Sacramento
The incumbent will be responsible for development and implementation of U.S Forest Compliance Offset Protocols, as well as other Protocols, for the reporting and verification of voluntary GHG emissions reductions by offset project developers to support the Cap-and-Trade Program.
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Senior research analyst, IHS Markit – London
IHS Markit's Energy Wide Perspectives team have an exciting opportunity within the Climate and Carbon team as a Senior Analyst. This position will be based from the IHS Markit corporate headquarters in London.
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RGGI states call for tighter cap, consistent language in Virginia cap-and-trade programme
The nine RGGI member states submitted comments to the Virginia Department of Environmental Quality’s (DEQ) website on Monday, suggesting that the state’s cap-and-trade-programme include a tighter allowance budget and share more regulatory alignment with the Northeast US carbon market.
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EU Market: EUAs climb back above €13 despite a return to weak auctions
European carbon prices lifted on Monday as observers eyed a resumption of gains ahead of the annual compliance deadline in the wake of the first weekly price decline of the year.
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Experts raise doubts over new LCFS targets due to price, regulatory uncertainty
Achieving newly-proposed emission reductions goals as part of California's Low Carbon Fuel Standard (LCFS) remains uncertain due to both market and regulatory concerns, which could impact the viability of the clean fuel standard as a whole.
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Massachusetts lays out cap-and-trade proposed amendments on auctions, banking
The Massachusetts Department of Environmental Protection (MassDEP) proposed new amendments on Friday for its electricity sector cap-and-trade programme intended to operate in parallel to RGGI.
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Australia issues over 1m offsets, with landfill operator claiming most
Australia has issued nearly 1.1 million carbon credits over the past two weeks, with around 40% of them going to landfill operator LMS Energy, data from the Clean Energy Regulator showed.
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