Carbon Pulse
![Subscribe to Carbon Pulse feed](https://www.seng.org.au/misc/feed.png)
![Carbon Pulse](https://carbon-pulse.com/wp-content/uploads/2024/01/cropped-apple-touch-icon-32x32.png)
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 41 min ago
Policy Analyst on Climate and Environment, Foundation for European Progressive Studies – Brussels
The Foundation for European Progressive Studies is currently looking for a Policy Analyst in the field of climate and environment.
Categories: Around The Web
Moscow Exchange and VTB to launch Russian carbon marketplace
Moscow Exchange and Russia’s second-largest bank VTB signed an agreement to develop a carbon marketplace, the two companies announced on Thursday.
Categories: Around The Web
NZ Market: NZUs climb to 11-wk high as FPO becomes history
New Zealand allowances on Friday closed above NZ$38 ($27.18) for the first time since before the March auction, rising after ETS participants earlier this week finalised 2020 compliance and the NZ$35 fixed price option became a thing of the past.
Categories: Around The Web
CP Daily: Thursday June 3, 2021
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web
Virginia utility commission should approve Dominion’s RGGI rate request, hearing examiner says
The Virginia State Corporation Commission (SCC) should accept Dominion Energy’s nearly $168 million rate request to cover RGGI compliance costs, but the state agency may want to consider requiring further analysis on the utility’s long-term CO2 trends, according to a document filed this week.
Categories: Around The Web
NA Markets: CCA prices rocket toward 2021 highs following Q2 auction, RGGI allowances stagnate before June sale
California Carbon Allowance (CCA) prices surged on the secondary market this week after speculators acquired an all-time high at the Q2 WCI auction, while RGGI allowances (RGAs) dithered ahead of their own quarterly sale.
Categories: Around The Web
Euro Markets: EUAs slip towards €50 after technical breakout
EUAs fell towards €50 on Thursday, with prices breaking out of a technical range and continuing their retreat from last month's record levels.
Categories: Around The Web
WCI link “absolutely imperative” for Washington carbon market -senator
A linkage with the California-Quebec cap-and-trade system is essential for Washington state’s newly approved carbon programme, the leading legislator behind the policy said Wednesday, as he also minimised the impact of Governor Jay Inslee’s (D) partial vetoes of the underlying climate bill.
Categories: Around The Web
RFP: Scoping Agroforestry Project Potential in the VCS Program
Verra is considering developing a new independent agroforestry methodology in our VCS Program, given this limited agroforestry project activity. However, before initiating development, Verra needs to research existing methodologies with expert input to determine whether a new agroforestry methodology is actually needed.
Categories: Around The Web
EU carbon border levy proposed as ‘notional’ ETS with transition phase -draft
The EU’s proposed carbon border adjustment mechanism (CBAM) will look like a ‘notional’ ETS and will give importers a transition phase to alleviate their burden, according to draft documents that give little indication over how the measure will interact with free allocation of carbon allowances to industry.
Categories: Around The Web
SK Market: Auction cancellation fails to halt KAU slide
Korean carbon allowances continued to fall in Thursday trade, hitting their lowest since Feb. 2016 despite the government abandoning plans to auction millions of permits next week.
Categories: Around The Web
Australia Market Roundup: Waste firm collects 120,000 ACCUs as reports sounds alarm over Woodside, BHP plans
Australia’s Clean Energy Regulator handed out 120,000 carbon credits to waste tech firm Global Renewables in its latest issuance round, while a report warned Woodside and BHP’s Scarborough to Pluto LNG project could create almost 1.7 billion tonnes of CO2e emissions over its lifetime.
Categories: Around The Web
CP Daily: Wednesday June 2, 2021
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web
Chicago-based financial firm opens second RGGI COATS account
A Land of Lincoln-headquartered financial firm opened a second RGGI account this week ahead of the Q2 auction, with the registration marking the first new speculative account in the power sector cap-and-trade programme in more than two months, CO2 Allowance Tracking System (COATS) data showed.
Categories: Around The Web
EU carbon rally loses momentum, but any near-term correction to be short-lived -analysts
The “perfect storm” of bullish factors that drove EU carbon prices to a record high last month has lost momentum, analysts said Wednesday, but warned that any correction would likely be temporary.
Categories: Around The Web
Morgan Stanley lifts long-term EU carbon price forecasts but warns of H2-21 pullback
Analysts at Morgan Stanley have nudged up their long-term EU carbon price forecasts, but they are expecting allowances to pull back during the second half of this year.
Categories: Around The Web
Euro Markets: EUAs, UKAs slip as British auction weighs
EUAs lost nearly 2% on Wednesday as the market again struggled to absorb the day's two auctions, though they avoided the sharp sell-off triggered by the UK's inaugural sale two weeks earlier, while trading data on UKA holdings was published for the first time ever.
Categories: Around The Web
RFS Market: RIN prices tick up on strong commodity values, as traders question refiners’ strategies
US biofuel credit (RIN) values rose this week on the back of higher agricultural commodity prices, while market participants questioned whether other refiners besides a Delta Air Lines subsidiary were trimming back on Renewable Fuel Standard (RFS) purchases amid near-record high levels.
Categories: Around The Web
EU joins forces with Bill Gates to mobilise $1 bln for clean energy tech
The European Commission and Bill Gates’ climate venture Breakthrough Energy Catalyst will mobilise $1 billion (€820 million) to scale up clean energy technology, the EU’s executive announced on Wednesday.
Categories: Around The Web
Brussels to keep low-carbon fuels out of updated renewables directive -EU official
The upcoming revision of the EU’s renewable energy directive will not include any measures to promote low-carbon fuels, a European Commission senior official said Wednesday, partly as a result of pressure from green groups and progressive EU lawmakers.
Categories: Around The Web