Carbon Pulse

Illinois Governor JB Pritzker’s (D) administration would support a market-based CO2 pricing mechanism for electricity generation along with a Midwestern Low Carbon Fuel Standard (LCFS) for the transportation sector, according to a strategy document published Friday.

EUAs slipped towards €25 on Friday as another weak auction and economic fears further dampened the remaining prospects for a monthly gain as the end of August's half-volume auctions moves closer.

China plans to backdate the start of compliance obligations to Jan. 1, 2019 for its national emissions trading scheme, according to several sources who have seen a draft allocation plan circulated by the environment ministry this week.

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

The resumption of trade in the EU ETS registry system has been delayed until early Friday afternoon, the European Commission said, as emergency repairs following a bloc-wide outage continue.

New Forests seeks a qualified candidate for the position of Marketing Analyst to be primarily responsible for supporting the Investor Relations team deliver the company’s global marketing strategy with institutional investors, with a specific focus on sustainable plantation forestry investment.

South Korea could pull the power sector out of its emissions trading scheme from 2021 over a disagreement between ministries on how to best regulate CO2 emissions from the sector, according to sources, a move that would gut the world’s second biggest carbon market.

China’s Tianjin will auction off 1 million CO2 allowances on Aug. 28, with participation restricted to companies with compliance obligations under the city’s pilot emissions trading scheme and whose 2019 emissions were higher than their free allocation of allowances.

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

Do you want to help make the world a better place with your experience of climate justice analysis and EU-level advocacy? We’re seeking a Climate Policy Analyst based in Brussels to support the advocacy of The Open Society European Policy Institute (OSEPI) in promoting climate justice objectives in the EU. 

RGGI Allowance (RGA) prices continued their summer bull run this week on steady compliance demand and optimistic post-2020 outlooks, as California Carbon Allowance (CCAs) values held firm once again ahead of next week’s Q3 auction results.

The BDI is currently looking for suitable candidates to fill the position as a Senior Manager (w/m/d) for the department Energy and Climate Policy for its Representation in Brussels.

A multinational commodities firm opened a RGGI CO2 Allowance Tracking System (COATS) account on Thursday, marking the ninth new speculative player in the Northeast US power sector carbon market this year.

Emitters in the Northeast US RGGI ETS offloaded allowances held for future obligations following the June quarterly sale as secondary market prices rose, according to a report published Thursday.

Our presence in the emissions market has always been significant and we aim at keeping our talent pool strong. You will be the prime contact on emissions related trading business whist keeping in touch with our trading analyst.

The purpose of the Principal Consultant is to lead the development of corporate sustainability proposals and the implementation of highly complex mandates. The Principal Consultant focuses on the timely delivery of high quality consultancy advice on sustainability topics for US-based and international clients.

In this role within the Portfolio Management unit, you will be responsible for South Pole's procurement strategy and for closing carbon credit sourcing transactions. You will develop business with project developers, retailers, intermediaries and wholesale companies active in carbon markets.

Implementing a carbon price in line with the global temperature limits of the Paris Agreement could expose nearly a third of mines worldwide to higher costs, with gold mining operations in South Africa seen bearing some of the greatest impacts, analysis released Thursday showed.

A European scientist association has called on the EU to factor in the full lifecycle of emissions from wood pellets under the ETS, a move that could drastically increase costs for biomass-burning utilities such as RWE, Uniper, and Vattenfall.

Poland could achieve climate neutrality by 2056, only six years after the EU as a whole plans to reach net zero emissions, a Polish economic think-tank report has found.