Carbon Pulse

Queensland’s largest electricity generator is looking for a general manager for energy and carbon markets.

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

The absence of the Article 6 Guidelines creates uncertainty for the accounting treatment of assets in the emerging carbon market under the Paris Agreement as well as for other related markets. The importance of the international accounting treatment cannot be overstated.

California fuel sector GHGs under the state’s WCI-linked cap-and-trade programme emissions dropped for the second consecutive year in 2019, with the power sector adding to the Golden State’s year-on-year programme-wide decline while natural gas bucked the trend.

Minnesota should implement a Low Carbon Fuel Standard (LCFS) to help meet the Midwestern state’s GHG reduction and biofuels goals, a governor-appointed council said Tuesday.

EUAs surged to a seven-day high above €25 on Wednesday, extending their recovery rally as financial markets rose despite an undecided US presidential election.

The EU's €14 billion Modernisation Fund should be expanded to support cleaner energy and industry in poorer member states as the bloc moves towards higher climate ambition, envoys from Central European nations said on Wednesday.

Korean CO2 allowance prices might move slightly up from current levels of 22,500 won ($19.70) during the 2020 compliance cycle, but will get nowhere near the highs seen in the first few months of this year amid sizeable over-supply, analysts said Wednesday.

US election results remained too close on Tuesday evening to decipher whether President Donald Trump or Democratic nominee Joe Biden would be elected, with the fate of the US Senate also hanging in the balance.

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

Traders took a more bullish view of the RGGI market on Tuesday ahead of the presidential election, as California Carbon Allowance (CCA) prices remained more muted on the secondary market.

ICE Futures Europe, Europe’s main emissions trading exchange, on Tuesday announced measures to prepare for transactions involving carbon allowances from Phase 4 of the EU ETS (2021-30).

The EU’s Balkan and Eastern European neighbours will need to establish their own carbon markets with a view to fully participating in the bloc’s ETS in the future and integrating their power and gas markets to effectively cut emissions, a preliminary study said.

Germany's energy-related CO2 emissions are set to notch a large annual drop for the third straight year, according to researchers, as the coronavirus pandemic slashes the sector’s emissions by more than 10% compared to 2019.

EUAs rose on Tuesday as wider markets continued to rebound from last week's COVID-related declines, breaking above a key technical level following another strong auction further as traders kept a cautious eye on today's US election.

Offset trading in China’s national ETS could hit 250-500 million units in the market’s first year once the government finalises rules and begins issuing new credits, according to traders and analysts.

Ocean Conservancy’s climate program is expanding. The senior manager will help build, shape, and execute its work, which will include creating and implementing climate and ocean-climate initiatives and increasing demand for action.

With the expansion of the Carbon Pricing Unit we are currently seeking a Senior Officer to be the Program Manager primarily for the design phase of the DAPA Program. This will require leading the in- country implementation of the programs across at least 2 countries, likely more.

The Grantham Research Institute on Climate Change and the Environment at the London School of Economics is pleased to invite applications to the above post.

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