Carbon Pulse

EUAs dropped on another poor auction showing and wider market weakness on Friday, though prices continued to find support around €26.

Polish coal unions struck a deal with the government Friday to phase out mines by 2050, putting the lone EU hold-out against a bloc-wide 2050 net zero emission target a step closer to signing on to the goal.

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

New Zealand carbon allowances have been stuck a few cents above the fixed price option (FPO) all week, with trading activity slowing to a trickle as buyers hesitate to pay more while sellers hold back in anticipation of higher prices later.

AirCarbon is looking for individual(s) to bring carbon emissions reduction projects onto the exchange platform.  The role draws on skills across business development, project management, finance, climate science, policy and technology.

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

Morgan Stanley this week raised its EU carbon price forecasts for the next five years by a massive 55% on average following the release of more ambitious climate plans by the European Commission.

California Carbon Allowance (CCA) prices inched up on the secondary market for the second straight week, while RGGI allowances (RGA) stagnated despite an uptick in activity.

The Oregon Clean Fuels Program (OCFP) posted a 45,000-tonne credit surplus during the first quarter of the year even as the policy’s carbon intensity benchmarks tightened, according to state data published Wednesday.

California should revisit its cap-and-trade programme in the wake of consecutive undersubscribed quarterly auctions and the need to increase climate ambition across the Golden State, a state legislator and board member of regulator ARB said Thursday.

Opportunities to invest in technology-based carbon removals in the EU have improved in recent years, opening new pathways for the bloc's heavy industry, an IEA report released Thursday said.

President Xi Jinping’s 2060 carbon neutral target will likely bring about massive offset demand in China in the long run, but market participants and observers expect the nation’s fledgling emissions trading system to remain unaffected initially.

A senior cross-commodity analyst has left commodities trading firm Freepoint, Carbon Pulse has learned.

This new position will help shape a UK PACT intervention in Nigeria and will form part of the Climate and Energy Team at the British High Commission (BHC). It is an exciting opportunity to be at the heart of this evolving area of UK-Nigeria collaboration.

EUAs continued their volatile week on Thursday, bouncing back after a dive below €26 despite another dismal auction result and wider market weakness.

This position will lead our engagement on the interface between climate change and trade, the interagency climate change work programme, and provide input into our climate change policy.

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

Supreme Court oral arguments against the Canadian government’s ‘backstop’ carbon pricing system entered the second and final day on Wednesday, as Quebec contended the federal system threatens its ability to implement its WCI-linked ETS, while New Brunswick offered Ottawa’s response to the coronavirus pandemic as a better model of cooperative federalism.

California Carbon Offset (CCO) issuances hit a five-month high this week, boosted by two large forestry projects receiving more than 8 million credits, as the total number of credits distributed by state regulator to date ARB topped 200 mln.

Voluntary carbon credit prices flatlined in 2019 amid increased transactions, as new buyers rushed to buy cheap renewables-sourced units ahead of this year’s cut-off for registering many clean energy projects.