Carbon Pulse

Director to lead the GECA Climate Policy and Delivery, Industry and Infrastructure (CPD-II) team which has responsibility for GECA activities across the industry, commerce agribusiness, infrastructure and energy sectors.

India should target net zero emissions by between 2065 and 2070, and reach a peak in its emissions by 2035, according to a new think tank report.

Australian oil and gas firm Santos has won approval for its first to industrial energy efficiency projects to earn carbon credits, as the domestic spot offset price has again hit a record high.

Malaysia will develop a domestic emissions trading scheme and draft guidelines to set up a voluntary carbon market, its environment minister said over the weekend.

The US and EU have jointly pledged to slash their methane emissions, in an internationally coordinated move seen as a significant step ahead of next month’s UN climate talks, which observers warn are at risk of faltering.

A carbon markets expert has joined BP to originate new voluntary projects in the Americas, Carbon Pulse has learned.

So the latest peak in European carbon prices is over. EUAs climbed to a record of €63.35 on September 8 and have settled back at around €60 over the past week. I suppose the question is: is that it? Are we done for the year, or are prices going to stage yet another rally?

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

WCI regulated entities increased their open short positions for the second consecutive week as prices began to rebound in the futures market, while speculators’ holdings rose slightly over the period, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

The Q-4 California-Quebec auction will roundoff the year with its lowest volume since Q-1 according to an auction notice published Friday afternoon, increasing the chances of record-breaking prices on Nov 17.

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The sixth instalment of Carbon Forward - the premier annual environmental markets conference - is back, and it's stacked with a first-class line-up of speakers to discuss the global boom in carbon credit prices, as well as government- and corporate-led efforts to scale up these markets.

Global GHG emissions will be 16% higher in 2030 than they were in 2010 - levels aligned to 2.7C of warming - even if all nationally-determined contributions (NDCs) submitted under the Paris Agreement are fully achieved, according to a UN updated NDC synthesis report released Friday.

A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including developments in Illinois and Pennsylvania.

A new US-based digital currency protocol is closing its 'fair launch' auction on Friday, raising funds it intends to use to buy voluntary carbon offsets in a bid to drive up market prices and force big companies to reduce their emissions.

EUAs were little changed after a busy but low-key morning session on Friday, as gas and power markets also calmed following several days of high volatility.

Japanese oil and gas company Inpex signed a carbon neutral propane gas deal with major LPG player Astomos Energy this week, broadening the list of fossil fuel product trades that are controversially claiming carbon neutrality.

Chinese Carbon Emissions Allowances (CEAs) rose by 7% over the past week, though activity remains low as talk of further delays in allocating an outstanding 5 billion permits weighs on traders.

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

Commodities trading firm Cargill is launching a programme that will pay American farmers to engage in practices that cut greenhouse gas emissions and improve soil health.