Carbon Pulse

EUAs rose more than €3 on Thursday, clawing back almost half of the 12% losses of the previous two sessions as traders bought on what they expect to a brief dip in a still-bullish market.

Czech utility CEZ presented its climate strategy on Thursday, setting the intention to reduce its share of coal-fired generation to just over a tenth of its generation mix in line with recent output falls.

US biofuel credit (RIN) values only slightly dropped on Thursday morning following a report that the EPA will keep Renewable Fuel Standard (RFS) biofuel volumes steady for the next two years.

Financial services firms DBS and Standard Chartered, the Singapore Exchange, and Singaporean government-owned investment company Temasek on Thursday announced plans for a new exchange for the global voluntary carbon market.

Greens/EFA MEPs will seek to establish a carbon price floor and additional measures to stabilise prices under the much-anticipated EU ETS reform kicking off in mid-July, two EU lawmakers said Thursday.

New Zealand will use future revenue from its quarterly sales of carbon allowances under its emissions trading scheme towards investing in projects that will further cut greenhouse gases, the government said Thursday as part of its annual budget.

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

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The Director of Industrial Programs is a senior role within the American Carbon Registry (ACR), providing oversight of all aspects of ACR services, including, but not limited to ensuring the highest level of quality for all ACR-registered projects and related offset credits issued by ACR for industrial sector projects.  

A US federal court on Wednesday nixed three Renewable Fuel Standard (RFS) compliance waivers handed out in the final hours of President Donald Trump’s tenure, as judges ruled that the EPA did not analyse necessary legal questions in handing out the relief.

California Carbon Allowance (CCA) prices will accelerate over the coming decade due to greater speculative involvement in the linked WCI cap-and-trade programme, analysts said Wednesday.

MEPs adopted a position on the EU’s Hydrogen Strategy on Wednesday, emphasising support for renewables-derived hydrogen but also leaving the door open for production from gas.

Washington legislators are exploring ways to reverse Governor Jay Inslee’s (D) vetoes of their carbon market and low-carbon fuel standard (LCFS) bills, while regulatory experts believe future prospects for a WCI cap-and-trade link could hinge how the final rules are drafted.

Ukraine should gradually raise its national CO2 tax to avoid the effects of the EU’s planned carbon border adjustment mechanism (CBAM) while it prepares its national carbon market, an expert group said in a report presented Wednesday.

EUAs lost another €3 on Wednesday to deepen the previous session's 7% plunge, while UKA futures fell during their first trading day as the market remained wary over increased supply coming in the form of UK utilities selling EU units, Britain's first standalone auction, and the prospect that this year's free EUA allocations would begin soon.

China’s environment ministry on Wednesday released rules for registry, trading, and settlement under its national carbon market, the last piece of the ETS puzzle, though important details were left for the exchange to complete.

Australia’s biggest carbon project developer has acquired a start-up that offers customers the opportunity to offset their greenhouse gas emissions, the company announced Wednesday.

Mitsui & Co’s Australian subsidiary has acquired an offset developer in order to launch a carbon solution business in the country, the company announced Wednesday.

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

(Subscribers only) - The UK’s new emissions trading scheme kicks off on Wednesday with the first allowance auction, with the market modelled after the EU ETS to facilitate a future linkage. Here’s a quick guide outlining its design and how it differs from its European counterpart.