Carbon Pulse

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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 37 min ago

Deputy Head, Strive – Madrid

Thu, 2022-01-06 12:00
We are hiring a Deputy Director of Strive. In that role, you’ll be working closely together with the Head of Strive to lead the division. You’ll join a highly experienced, motivated and growing team and help lead them to greater impact.
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Senior Sales Trader, SCB Group – Chicago

Thu, 2022-01-06 11:31
We are looking for an ambitious and experienced applicant, who shares our mission of a low carbon future, to join our Carbon Desk. The chosen applicant will be responsible for starting up a desk in Chicago, for growing SCB’s presence, developing new business relationships and revenue streams within voluntary carbon markets in North America.
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Financial services company acquires US consultancy Emission Advisors

Thu, 2022-01-06 08:05
A hedging management firm announced on Wednesday it has acquired Houston-based environmental credit brokerage and consultancy Emission Advisors, continuing the trend of consolidation and mergers in the booming carbon trading industry.
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LCFS Market: California prices regain $150 as some see further increases ahead

Thu, 2022-01-06 08:02
California Low Carbon Fuel Standard (LCFS) credit values bubbled up over the year-end stretch to reach $150 this week, as some traders thought renewable diesel capacity problems and compliance buying could push prices higher in the near future.
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Kazakhstan energy price uprising risks another blow to carbon pricing

Thu, 2022-01-06 06:03
Unprecedented protests in Kazakhstan over a gas price hike this week have seen the government quickly roll back energy policy reforms, endangering the development of one of the region’s carbon markets in a further example of the political challenges of the clean energy transition.
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MARC(U) MY WORD: Key issues in EU ETS review

Thu, 2022-01-06 04:06
Observers and stakeholders generally agree that the revision to the EU ETS needs to ensure that the transition results in a prosperous and decarbonised, but not deindustrialised Europe.
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Key EU lawmaker seeks quicker introduction of carbon border measures

Thu, 2022-01-06 01:45
The EU's proposed Carbon Border Adjustment Mechanism (CBAM) should fully replace free EUA allocations by no later than 2028 if the bloc is serious about meeting its 2030 climate goals, the European Parliament's lead lawmaker on the issue said in a draft report on Wednesday.
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Euro Markets: Midday Update

Wed, 2022-01-05 23:22
EU carbon prices maintained their upward trajectory in light trading on Wednesday morning amid mixed energy markets.
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CP Daily: Tuesday January 4, 2022

Wed, 2022-01-05 12:10
A daily summary of our news plus bite-sized updates from around the world.
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VCM Report: VER issuances, retirements end year 65-70% higher over 2020 levels

Wed, 2022-01-05 09:45
Issuances and retirements of voluntary emissions reductions (VERs) skyrocketed over the course of 2021 from the four main carbon credit registries, as escalating demand in the voluntary carbon market (VCM) drove offset prices to continuous new records that held mostly steady over the holiday break.
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Papua New Guinea approved by ART for national REDD concept

Wed, 2022-01-05 06:29
The Architecture for REDD+ Transactions (ART) programme has approved a listing from Papua New Guinea to generate carbon credits, with the South Pacific nation proposing to deduct emissions reductions from individual deforestation reduction projects as part of the initiative.
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Carbon offset project development ripe for market consolidation -report

Wed, 2022-01-05 05:33
Deals struck in 2021 between carbon offset project developers and large financiers highlight the potential for voluntary carbon market supply consolidation, a trend that also risks leaving hundreds of smaller project developers on the sidelines as the industry rushes to fill a projected surge in demand.
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Carbon border schemes face multiple real-world hurdles -researchers

Wed, 2022-01-05 04:48
Border carbon adjustments risk being imperilled amid a raft of legal and implementation constraints that could undermine any climate benefits, researchers warned in a paper published this week.
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Producers slash CCA short position, speculators cut net long after Dec-21 expiry

Wed, 2022-01-05 04:11
Regulated entities in the WCI cap-and-trade programme saw their net California Carbon Allowance (CCA) short position more than halve last week as the Dec-21 expiry occurred, while financial players saw their net length crater to a 6.5-month low, according to US Commodity Futures Trading Commission (CFTC) data published Monday.
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Speculators dominate new California-registered WCI accounts in Q4

Wed, 2022-01-05 02:14
The number of California-registered Compliance Instrument Tracking System Service (CITSS) accounts hit another all-time high during Q4 2021, with investment management firms and other speculators continuing to pour into the linked WCI carbon market, according data from state regulator ARB. 
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UK’s Cost Containment Mechanism triggered for second month after December no-show

Wed, 2022-01-05 01:45
The UK ETS Authority will meet again this month to consider whether to add more UK Allowances to the market after prices exceeded the threshold for intervention for a second month in December, though the scheme's Cost Containment Mechanism (CCM) will not be triggered in either February or March after last month's average price fell below required levels.
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Euro Markets: Midday Update

Wed, 2022-01-05 00:56
EUAs kicked off the new year on a strong note, with the benchmark contract adding as much as 7.2% since the end of 2021 as traders began building positions and sellers were scarce, while energy prices were sharply higher.
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CN Markets: Most Chinese companies meet ETS deadline amid late price spike

Tue, 2022-01-04 12:23
Allowance prices in China’s national carbon market rose to nearly $10 amid a flurry of trading activity in the last week of the year, which eventually saw 99.5% of market participants meet their compliance deadline for 2019 and 2020.
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EU prepares for some gas and nuclear investments to be labelled as green

Mon, 2022-01-03 07:22
The European Commission is sticking to its long-touted plan to enable some gas and nuclear power investments to be classified as sustainable, according to proposals it circulated among member states over the last week that have prompted anger from environmentalists.
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CP Daily: Thursday December 23, 2021

Fri, 2021-12-24 12:19
A daily summary of our news plus bite-sized updates from around the world.
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