Carbon Pulse

Dominion Energy anticipates its Virginia-based emissions will declined by more than 10% over the post-2020 period as it joins the RGGI cap-and-trade scheme, and that allowance prices will near $10 by 2030, according to a public filing.

The University of Cambridge Institute for Sustainability Leadership (CISL) is a globally influential institute within the University of Cambridge working on a mission to develop leadership and solutions towards a sustainable economy. We are looking for a Maternity Cover Senior / Project Manager to support and deliver our European work programme.

South Korea plans to strengthen its carbon pricing system as part of its 2050 net zero emissions strategy, though Finance Minister Hong Nam-ki on Monday would not commit to putting in place a carbon tax.

Japan is planning an emissions trading market for its car industry similar to schemes operating in California to help reach its 2050 net zero target.

Australia’s Santos and Japan’s Mitsubishi are considering options for delivery of carbon neutral LNG from Santos’ Barossa project, after the two on Monday announced a 10-year deal worth 1.5 million tonnes of gas annually.

Corporate Carbon Advisory is seeking a Carbon Project Development Manager to play a key supporting role in a team-based approach to further developing and operating the firm’s portfolio of Emissions Reduction Fund (ERF) projects.

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

One of Apple’s co-founders has joined forces with an carbon market entrepreneur to launch a $1 billion blockchain company that tokenises energy efficiency measures.

California's free carbon permit distributions to industrial emitters declined by nearly 13% for 2021, with refineries accounting for the largest chunk of the year-on-year difference, according to data published by regulator ARB on Friday afternoon.

Compliance entities unwound their California Carbon Allowance (CCA) positions following the publication of the final 2020 WCI auction results, while financial entities added to their holdings, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

The California carbon market likely needs to adjust its allowance supply to drive future emissions reductions, while state regulator ARB should evaluate the need to continue distributing free permits to refineries, according to an annual watchdog report. 

The Gold Standard Foundation seeks a highly motivated individual to join our technical team, reporting to the technical director.

The Senior Analyst/Manager will provide technical advice and support to the 49+ endorsed Lab instruments under the Climate Finance division of CPI. You will demonstrably build CPI’s reputation for impactful analysis and unrivalled support to key stakeholders in support of the transition to a low-carbon, climate resilient global economy.

The Gold Standard Seeks a highly motivated individual to join our technical team, reporting to the Senior Manager, Land Use.

The RGGI Q4 auction settled at a premium to the secondary market for the second straight quarter, with compliance entities continuing to aggressively buy allowances, according to results published Friday.

EUAs hit a new 2.5-month high on Friday, surpassing the €30 mark touched earlier in the week as wider markets lifted on Brexit deal hopes and bullish stimulus sentiment.

Czechia’s Coal Commission voted Friday to recommend that the government to close all of its coal-fired power plants by 2038, a move criticised by climate activists as a “Paris-incompatible” target.

Closing prices, ranges and volumes for China's regional pilot carbon markets this week.

Guangdong province continues to tighten ETS settings for companies while Fujian has again declined to reveal its total handouts, according to 2020 allocation plans released Friday that include coal power plants, raising questions about whether the facilities will be excluded from the national market. 

Australia’s Clean Energy Regulator has terminated contracts with two projects that had been expected to deliver almost 550,000 offsets to the ERF, while new credits issuances rebounded after a couple of quiet weeks, data showed.