Carbon Pulse

The Energy Community (EnC) has released a roadmap for how the EU’s Western Balkans and Eastern neighbours can implement carbon pricing schemes, with the intergovernmental organisation flagging the potential for market integration and an eventual link with the EU ETS.

Australia’s Clean Energy Regulator has issued almost 1.2 million new carbon credits, it said in a new year update Friday that showed four more non-performing projects have been revoked.

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

The Canadian environment ministry on Wednesday halved the number of protocols that it will initially focus on developing for the federal carbon offset system, thought it may consider additional methodologies at later stages.

RGGI Allowance (RGA) prices reversed nearly all of their year-to-date gains over the previous week amid a speculation-fuelled sell off, while California Carbon Allowance (CCA) values rose slightly on the secondary market.

EUAs climbed 3.6% on Thursday as a break above technical resistance triggered some buying, traders said, breaking carbon's recent correlation with gas prices.

The World Bank has launched a study on the implications of an EU carbon border adjustment mechanism (CBAM) for European nations outside the bloc and Central Asian countries. 

EU lawmakers may favour re-setting the cap of the bloc’s carbon market two years earlier than officials have proposed because the move will result in a smoother upward trajectory for EUA prices, analysts said Thursday.

An official for California regulator ARB and a member of the state’s cap-and-trade watchdog committee were nominated to positions at the National Highway Traffic Safety Administration (NHTSA) by US President Joe Biden (D) on Thursday.

US President Joe Biden (D) named Democrat Richard Glick as chair of the Federal Energy Regulatory Commission (FERC) on Thursday, a move that stakeholders said could bolster support for clean energy deployment and accommodate grid operators’ plans to incorporate carbon pricing in wholesale power markets.

Ukraine has this week confirmed plans to introduce its own emissions trading scheme in 2025, as the nation continues work to align national legislation with EU regulations.

The Soil Carbon Program Manager will work within the Select Carbon team to lead the development and delivery of carbon farming projects under different methodologies, with a focus on landscapes and land-use systems suitable for increasing the carbon stocks in soil.

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

UAE-owned Etihad Airways is expanding its offset purchasing programme beyond a single African project after striking a deal with oil major Shell.

A Texas-based commodity shop filed for Chapter 11 bankruptcy on Wednesday after a growing number of lawsuits alleged it failed to deliver biofuel credits (RINs) in fulfilment of its contractual obligations.

Linking the UK’s recently established carbon market with the EU ETS will take time, with post-Brexit politics rather than technical or design issues likely to stand in the way, an environmental economics professor has told Carbon Pulse.

EUAs dipped back below €33 on Wednesday as resurgent gas prices took a breather following the previous session's 7% hike.

US biofuel credit (RIN) prices rose on Wednesday morning after former President Donald Trump’s EPA only granted several compliance waivers to facilities under the Renewable Fuel Standard (RFS), allaying traders’ fears the outgoing administration would issue a raft of exemptions during its final hours in power.

A Virginia court should dismiss an industry lawsuit challenging the state’s RGGI-linked cap-and-trade programme, according to a brief filed by the Attorney General’s office ahead of a hearing on Wednesday.

Offset developers face a limited impact should the suspension of issuances under the UN CDM offset mechanism be resolved later this year, though some are seeking alternatives given the risk of further complications.