Carbon Pulse

US regional grid operator PJM has seen significant reductions in peak and total power demand as a result of the widening COVID-19 pandemic, likely cutting CO2 obligations from RGGI-covered electricity generators in the Mid-Atlantic.

California Low Carbon Fuel Standard (LCFS) prices have bounced back after utility Pacific Gas & Electric’s (PG&E) credit auction last week, though national and state-level fuel data still suggest bearish near-term fundamentals for the transportation sector programme.

In the second episode of our new coronavirus-era podcast, Carbon Pulse speaks with Toronto-based analysts and consultants ClearBlue Markets about the pandemic's effects on the WCI cap-and-trade programme and Canadian carbon pricing systems.

Pressure is mounting on EU institutions to tie post-coronavirus stimulus packages with the EU Green Deal, as ministers from the 27-nation bloc appear divided over the role of sustainability in tackling the crisis.

EUAs dropped more than 3% early on Tuesday, giving back some of last week's substantial gains as a weak auction and mixed signals from wider markets clouded sentiment.

Australia's Climate Change Authority is making potential climate risk to the country's carbon offset portfolio a key issue in this year’s legislated review of the government’s Emissions Reduction Fund (ERF), the agency said Tuesday.

China’s Guangdong province will hold the first of two planned auctions for the 2019 compliance year under its emissions trading scheme on Apr. 27, the local emissions exchange said Tuesday.

The Beijing municipal government has pushed back the 2019 compliance deadline for its emissions trading scheme to October, while holding off on putting obligations for its aviation sector.

BZE are now seeking a new Chief Executive Officer (CEO) to bring its technical roadmaps to life, open doors to new audiences and lift the profile of BZE to new heights as the urgency to respond to climate change surges.

Speculators cut California Carbon Allowance (CCA) holdings for a fourth straight week amid further volatile trading, with compliance entities growing their position, US Commodity Futures Trading Commission (CFTC) data showed Friday.

The Netherlands is to delay plans to impose a carbon tax from next year on industrial firms included in the EU ETS due to the coronavirus impact, national media said on Friday, citing unnamed cabinet sources.

California’s ETS floor price next year is on track to rise sightly more than 5% despite inflation dropping month-on-month in March due to the COVID-19 pandemic, according to federal data released Friday.

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

China’s National Energy Administration on Friday published a draft version of the nation’s first-ever energy law, stressing the need to cut carbon emissions in its energy system and proposing to give renewables preferential access to the grid.

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

California Carbon Allowance (CCA) prices ceded previous gains during another hectic week of trading as participants remain wary of how the COVID-19 pandemic will impact WCI emissions, while RGGI allowances (RGAs) maintained their recent bullish trend.

We are looking for a new team leader to join our Compliance, Monitoring and Enforcement (CME) group to lead, grow and develop our team responsible for CME activities with regards to the Emissions Trading Scheme that we administer under the CCRA.

Nova Scotia will offer 640,000 permits in the cap-and-trade programme’s first auction on June 10, the Canadian province’s environment ministry announced Thursday.

EU heavy industry is lobbying to ensure its allocation of free carbon allowances is maintained once production recovers from massive drops due to the coronavirus outbreak, business sources have told Carbon Pulse.

Chile will aim to peak its GHG emissions in 2025 and set a carbon budget for the coming decade as part of its new UN Paris Agreement contribution submitted Thursday, as well as starting a public-private dialogue on how international emissions trading may help meet those targets.