Carbon Pulse

Europe’s top court has ruled that lignite mining at an open-pit site near the Polish-Czech border must cease immediately, which the operator says could lead to the closure of a major power plant in Poland.

Organization: Oxfam GB Position: Climate Change Policy Adviser Duty Station: UK Deadline for Application: 7 June 2021

Organization: The Nature Conservancy (TNC) Position: Climate Program Associate Duty Station: Arlington, VA Deadline for Application: until suitable applicant is found

Gordian Knot Strategies is looking for a project manager to join our team, initially as an independent contractor with a set minimum number of hours per week. This may quickly escalate to full work weeks.

Petroleum Marketing is seeking a Principal Carbon Offset Origination for its Carbon Desk to develop and implement the carbon offset origination strategy of the desk.

Indonesia is considering a tax on carbon emissions from energy-intensive sectors, according to news reports Friday, even as the government is piloting an emissions trading scheme for coal-fired power plants.

Australian petroleum company Ampol will pilot carbon neutral offerings and build carbon trading capability as well as spend a minimum A$100 million ($78 mln) on “future energy” projects over the next five years.

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

An environmental group has asked the Virginia State Corporation Commission (SCC) to reject utility Dominion Energy’s proposal to recover RGGI allowance costs due to the lack of a least-cost analysis or a prudent procurement strategy, according to documents filed this week.

Regulated entities in the Northeast US RGGI cap-and-trade programme shed carbon permit holdings after the March auction settled far below the secondary market allowance price at the time, a report published Thursday showed.

California Carbon Allowance (CCA) prices rose to near all-time highs this week amid a flurry of speculative activity before the Q2 WCI auction, while RGGI allowances also rose on the secondary market on relatively thin demand.

In order to avoid fungibility becoming a race to the bottom, the voluntary carbon market needs tools that recognise the variation in carbon returns and enables the creation of products that capture this variation, according to Sebastien Cross of BeZero Carbon.

While carbon removals will play a role in mitigating climate change, we cannot afford to take our focus away from the urgent objective of avoiding emitting in the first place, write Sarah Leugers and Owen Hewlett of Gold Standard.

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.