Carbon Pulse

Canada is currently examining a carbon border adjustment mechanism (CBAM) as it sets it sights on a domestic carbon price of C$170/tonne by 2030, but experts say this level is not at all reflective of what should be charged for emissions at the border.

EU leaders are readying a deal on Thursday to task the European Commission to strengthen its supervision of the bloc’s ETS, ceding to some of Poland's longstanding demands as an unprecedented surge in the cost of carbon fuels concerns about anticompetitive behaviour.

Excessive speculation in the EU ETS could destabilise the market, with improved data availability, better monitoring of financial players, and a dedicated regulatory body needed to avoid “serious” disruption, a report has warned.

EUAs were relatively rangebound in early Thursday trading as the market waited for news from Brussels, where EU leaders are discussing how to react to high energy costs and Poland is expected to propose intervention in the EU ETS.

China’s carbon price and trading volumes rose again on Thursday as emitters that failed to meet Wednesday’s initial compliance deadline continued to chase supply.

UK-based trading software company Trayport has hosted a first trade in voluntary emissions reductions (VERs) on its Joule system ahead of the launch of a dedicated VCM trading platform, the company said Thursday.

A major Australian coal miner is facing having to close a gap of over 840,000 tCO2to be in compliance with the Safeguard Mechanism by the end of February, according to documents gathered by the Australian Conservation Foundation (ACF).

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

The Pennsylvania House of Representatives on Wednesday evening sent on a resolution that would prevent Governor Tom Wolf from implementing the state’s final RGGI-aligned cap-and-trade regulation, though the Democratic leader is expected to veto the measure as his administration simultaneously argues a legislative office is incorrect in its recent move to hold up the power sector carbon market.

EU carbon prices are expected to ease slightly and average €75 through 2022, as gas prices normalise and the EU economy cools, analysts said Wednesday.

Energy exchange EEX on Wednesday published next year's EU carbon allowance auction schedules for the aviation and Northern Irish power sectors.

Online payment processing company Stripe on Wednesday selected four more early-stage CO2 removal (CDR) projects as part of its climate programme, with some of these nascent technologies costing almost $2,000 per tonne.

Alberta compliance offset prices were little changed on Wednesday after the provincial government announced the excess emissions charge under the jurisdiction’s Technology Innovation and Emissions Reduction (TIER) regime will increase next year in line with its expected trajectory.

The Air Quality Program (AQP) within the Department of Ecology is looking to fill a Clean Transportation Grants Specialist (Environmental Specialist 4) position. This position is located in our Headquarters Office in Lacey, WA. In this position, you will play a key role in reducing emissions and electrifying the transportation sector by overseeing the investment of settlement funds from the Volkswagen “Dieselgate” emissions violations.

EU institutions have struck a provisional deal on cross-border energy projects that bans public money being spent on new fossil fuel projects but allows a limited window to convert hydrogen facilities.

The EU’s proposed Carbon Border Adjustment Mechanism (CBAM) cannot charge importers for what is often the majority of their emissions until the bloc gets its own electricity-pricing house in order on carbon-related compensation, according to a report launched on Wednesday.

EU plans to tighten emissions regulations for buildings and transport could lower projected carbon prices for the bloc’s parallel emissions trading system, potentially easing lawmaker concerns that the proposed market will cause a political backlash.

The goal of the Business Development Manager is to grow South Pole’s business in the DACH region (Switzerland, Austria and Germany). You will build strong long-term relationships with new clients as well as build South Pole’s market position in DACH.

The imposition of a federal CO2 tax or cap-and-trade programme would significantly drive GHG abatement from electric power, but overall mitigation would lag due to lower price sensitives in other sectors, according a government study published Tuesday.

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