Carbon Pulse

In this role within the Portfolio Management unit, you will be responsible for structuring, negotiating and building new partnerships to develop emission reduction projects.

As part of the Climate Policy and Carbon Pricing practice within the Consultancy & Services team, you will focus on the successful and efficient implementation of our projects for international clients in the sustainability field and will be responsible for the development of proposals in business development activities for South Pole.

South Korean carbon permits on Monday fell by 9.9% for the third consecutive session, hitting their lowest levels since Jan. 2018 as all support for the KAU-19 contract has vanished.

EUAs raced above €30 for the first time in 14 years on Monday, busting through last year’s peak to close in on the market’s April 2006 all-time high.

Norske Skog’s Boyer paper mill in Australia has earned its first batch of carbon credits, four years after registering a heat recovery project with the Clean Energy Regulator and signing a contract to sell quarter of a million offsets to the government.

This role will be expected to lead analysis and engagement related to emissions budgets and policies to reduce emissions within the industrial and energy sectors in Aotearoa.

The Forward Markets Trader will be responsible for the development and execution of trading strategies with regard to electricity derivatives and carbon that ultimately help to drive Contact’s overall portfolio strategy and manage risk.

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

EUAs mounted a late scramble from week-low levels to climb back above €29 on Friday, ensuring a 4% weekly gain and keeping carbon near its year-high in continued jumpy trade.

WCI compliance entities and speculators made minimal changes to their net long California Carbon Allowance (CCA) holdings during the past week despite prices  rising on the secondary market, according to US Commodity Futures Trading Commission (CFTC) data released Friday.

EU nations are only likely to cancel enough EUAs to account for around 15% of emissions reduced due to coal power phaseouts through 2030, with the vast majority of the lost generation being replaced by renewables rather than gas, analysts said in a report this week.

The UN has opened a tender to buy just over 224,000 Gold Standard CERs to offset the organisations annual emissions.

Analysts have raised their short-term EU carbon price forecasts following the huge rally staged in Q2, though most are warning of a pullback from current levels, especially should Europe be gripped by a second wave of COVID-19.

California Low Carbon Fuel Standard (LCFS) credit prices sank past the $200 level this week as buyers continued to wait for the market to fall further and despite higher gasoline production in the Golden State.

Maine’s Department of Environmental Protection (DEP) is aiming to finalise its post-2020 RGGI regulation next month after failing to meet internal deadlines for an upcoming July committee meeting, an official told Carbon Pulse.

Norway has paid Indonesia for reducing greenhouse gas emissions by 11.2 MtCO2e, the first payment under a 10-year-old bilateral forestry deal after a smaller transfer flagged last year never materialised.

The European Council’s latest proposal for a 2021-27 Multiannual Financial Framework (MFF) retains the idea of earmarking some revenues from auctioned EUAs for the bloc’s general budget, but wants to leave it to officials to outline the details only after 2021.

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

South Korean CO2 permits shed another 9.9% in Friday trade to sink to their lowest levels since Oct. 2018 as the market remained flooded with surplus allowances and bereft of demand.

The Northern Territory government in Australia has released principles for use of carbon offsets in its efforts to reach net zero emissions by mid-century, but did not clarify which requirements might be imposed on facilities already regulated under the federal Safeguard Mechanism.