Carbon Pulse

The European Commission on Thursday released the annual emission limits per country in sectors not covered by the bloc’s carbon market, although caps governing output from non-ETS sectors are set to tighten significantly as a result of the bloc’s higher emissions reduction target agreed last week.

Responsible for leading the development of carbon trading activities of the GM&T business in Europe and beyond. The primary objective of the role is to identify and develop trading strategies in carbon markets with a particular interest in the EU ETS and project-based emissions reductions. The role is also responsible for hedging all EU ETS sales flow for the desk.

US President-elect Joe Biden is expected to nominate North Carolina environmental regulator Michael Regan to led the EPA, Reuters reported Thursday.

The Gold Standard Foundation seeks a highly motivated individual to join our technical team, reporting to the Technical Director. This is a full-time position responsible for managing the Gold Standard Assurance System to ensure that projects/programmes are certified in line with standard requirements and assurance related risks are identified and mitigated.

EU climate ministers on Thursday adopted a unified negotiating position for the European Climate Law including a higher 2030 emissions target, while formally endorsing an updated nationally determined contribution (NDC) to the Paris Agreement.

ICE Futures Europe has been appointed to host carbon allowance auctions under the UK’s new emissions trading scheme, the London-based exchange announced Thursday.

The Emissions Reduction Fund’s next offset auction will be held on Apr. 12-13 next year, the Clean Energy Regulator said Thursday.

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

The British Columbia government on Wednesday announced a new interim emissions reduction target for 2025 to help the province reach its medium- and long-term climate goals, although an accompanying report shows more work to be done to hit the 2030 target.

The correlation between EU carbon and coal prices has strengthened in recent days as both have rallied on a mix of higher demand and constrained supply.

An NGO proposal to replace international offsetting with climate finance in order to avoid double claiming has been met with resistance from some in the voluntary carbon market, who fear a lack of corporate interest.

US biofuel credit (RIN) values edged toward a new 2020 high on Wednesday as the EPA prepares to publish next year’s long-delayed Renewable Fuel Standard (RFS) quotas by the end of the month.

Commodity price reporting agency S&P Global Platts on Wednesday announced it will begin assessing prices for carbon credits approved for use in ICAO’s global aviation offset system CORSIA, as interest in the voluntary market grows.

EUAs extended their record high for a fourth straight day on Wednesday amid buoyant financial markets, bullish technicals, and data showing record investor interest, before profit-taking pulled prices back.

Washington Governor Jay Inslee (D) on Tuesday outlined his climate policy package for the 2021-23 legislative session, teaming up with Democratic lawmakers to pursue emissions trading and low-carbon fuel standard (LCFS) proposals that have repeatedly fallen short in the state in recent years.

Taiwan should introduce an economy-wide carbon tax of around $10/tCO2e that could transition to an emissions trading scheme over time, according to a report commissioned by the Taiwan EPA, just before the agency is expected to publish a proposal to adjust the country's 2015 GHG Reduction Act.

Oil major BP has acquired a majority stake in carbon offset developer Finite Carbon, deepening its interest in the forestry-focused company and targeting a major expansion internationally.

A veteran emissions trader has left one of the biggest emitters participating in New Zealand’s carbon market.

Japan should aim for getting more than 40% of its energy from renewable sources by 2030, around double the current government target, according to Environment Minister Shinjiro Koizumi, who is also backing a domestic price on carbon.

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