Carbon Pulse

Emissions from global energy systems will peak in 2023, but the speed of decarbonisation remains off pace to put GHG output on a path in line with a temperature rise of 1.5C above pre-industrial levels, according to a report released Thursday.

The US EPA this week will move to extend the 2019 and 2020 compliance deadlines for the Renewable Fuel Standard (RFS) as a result of an ongoing court case involving small refinery waivers and because the agency has not yet proposed blending quotas under the programme for this year.

New Zealand carbon allowances traded at record high levels on Thursday, as traders returning from holidays grappled with a reformed market.

The ministry has an opportunity for two passionate and talented Policy Analysts to join its Climate Change teams.

Corporate Carbon Advisory is seeking a Senior Restoration and Carbon Ecologist to play a leading technical role in the expansion of its portfolio of re-vegetation projects.

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

The US EPA will issue the majority of pending 2019 compliance waivers under the Renewable Fuel Standard (RFS) in the final week of President Donald Trump’s tenure, according to a media report published Wednesday.

California issued fewer than 200,000 offsets in its first issuance of 2021, with a majority of the new credits coming from an existing forestry project, according to data published by regulator ARB on Wednesday.

An obligated party under the US Renewable Fuel Standard (RFS) has requested a Texas court grant a temporary restraining order against a commodity firm, fearing that the company could become insolvent due to the millions of dollars in unfilled biofuel credit (RIN) contracts it is alleged to owe.

EU negotiators expect to reach a political agreement on the 27-nation bloc’s landmark Climate Law in March, ahead of a key European Council summit that will provide further guidance for future climate legislation, according to sources involved in the process.

California electricity sector emissions declined in November to recede below 2019 levels, while also breaking a three-month trend of year-on-year GHG increases amid hotter weather across the Golden State, according to California Independent System Operator (CAISO) data.

In Dec. 2020, WWF published a 'Blueprint for Corporate Action on Climate and Nature', setting out a vision for how companies should follow the mitigation hierarchy to address the climate emergency, informed by science and the Paris policy environment. Here are Gold Standard's key takeaways for the voluntary carbon market.

China’s environment ministry on Wednesday released a guidance document on climate change and air pollution, which in time could have a significant impact on the status of the national emissions trading scheme.

EUAs slid below €34 early on Wednesday for the first time in four sessions, continuing the retreat from Tuesday's record high amid a major pullback in gas prices and signs of a technical reversal in carbon, as data showed the influx of participants into the market continued.

A third of the allowances on offer at 2021’s first South Korean carbon auction were left unsold on Wednesday as the market continues to be gripped by bearish sentiment.

Australian Carbon Credit Unit (ACCU) prices in the secondary market are likely to tick up this year as pressure continues to mount on the government to tighten climate policy settings, analysts said Wednesday.

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

Two environmental groups on Tuesday asked a North Carolina commission to move forward with a rulemaking to enact a RGGI-aligned cap-and-trade regulation, aiming to extend the regional US power sector programme further into the South.

An investment firm has acquired a majority stake in a Houston-based environmental trading firm, the two parties announced Tuesday.

Washington state legislators put forth a WCI-modelled carbon market bill this week as requested by Governor Jay Inslee (D), with the proposal aiming to enforce compliance obligations on power importers and natural gas suppliers several years after other sectors.