Carbon Pulse

California Carbon Allowance (CCA) prices edged down on thinner demand ahead of the US holiday weekend, while RGGI prices rose slightly as traders reported regulated entities sought out volume on the secondary market.

A global carbon market policy specialist at IETA is set to leave the business association after seven years to join intergovernmental organisation ICAP.

Carbon Pulse has hired two new reporters to expand its coverage of the world’s two largest carbon markets.

France must introduce new measures to combat climate change in the next nine months as the country is set to miss its emissions reduction targets, its top administrative court said on Thursday.

Australia’s Code of Conduct for the carbon industry went live Thursday, as the Clean Energy Regulator has revoked yet another offset project, a fate shared by nearly a fifth of all the nation’s carbon credit schemes.

EUAs reached a new record high early on Thursday as gas prices continued to rise and the market digested a leaked European Commission document that laid out proposed reforms to the EU ETS.

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

Thirteen general market participants opened Compliance Instrument Tracking Service System (CITSS) accounts over Q2 2021 as California Carbon Allowance (CCA) prices soared to all-time highs on the secondary market, data released by California regulator ARB on Wednesday showed.

A Virginia-based industry group advocated Wednesday for a court to void the state's RGGI regulation and declare the programme an illegal carbon tax, while the state argued the final rule conformed to the specific directives of the state legislature.

EU carbon prices are unlikely to see much more upside ahead of the scheduled mid-July release of major market reforms, and then they could partially unwind some of this year’s rally during the second half of 2021, analysts from a major investment bank said Wednesday.

EUAs extended their six-week high on Wednesday to close in on their all-time record, as surging gas prices and optimism about the bloc's market reforms outweighed pressure from Britain's fortnightly auction.

RGGI auction revenues could ease the burden on Pennsylvania coal communities that could see power plant closures in the coming years as more coal-fired generation becomes unprofitable, according to think-tank analysis published on Wednesday.

Japan’s environment ministry has selected 11 new carbon-cutting projects for co-funding under its Joint Crediting Mechanism, picking schemes in Indonesia, Mexico, the Philippines, Thailand, and Vietnam.

The European Commission is planning to bring international shipping into the EU ETS from 2023, with a transition period ramping up emissions coverage for the sector thereafter, according to a leaked draft.

Chinese steel giant Inner Mongolia Baotou Steel Union Co. has agreed to buy 50 million Chinese Certified Emissions Reductions (CCERs) over 25 years from a domestic forestry and paper company, a deal that could be worth up to 1 billion yuan ($155 mln).

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

The European Commission late Tuesday said the national allocation tables (NATs) determining free EU Allowance allocations for 2021-25 under the bloc’s carbon market have been finalised, bringing this year's distribution of permits a step closer following months of delays

California power demand is rising amid hotter weather on the US west coast this week, with natural gas-fired generation making up a larger share of the Golden State electricity output, according to grid operator data.

Slovenia is preparing to steer negotiations on the EU's upcoming ‘Fit for 55’ climate legislative package, which is due to be officially unveiled in two weeks, as the Balkan nation becomes the bloc's presidency holder for the second half of 2021.

European carbon climbed on Tuesday to a new six-week high, in what could be its seventh daily gain in eight sessions, as a sharp rise in gas prices and optimistic expectations surrounding the upcoming market reform proposals continued to buoy EUAs.