Carbon Pulse

EUAs extended their recent gains into a fourth session on Tuesday, adding as much as 6.6% to hit a new three-week high before retreating to erase the day’s rise as more observers questioned the sustainability of the rally.

California Low Carbon Fuel Standard (LCFS) prices declined ahead of utility Pacific Gas & Electric's (PG&E) Tuesday auction, though some participants thought the market was already primed for a retracement amid the prolonged coronavirus outbreak.

The Northeast US RGGI carbon market will offer more than 16.3 million allowances for sale at its June auction, the 10-state programme announced on Tuesday.

South Korea has extended deadlines for emissions reporting and compliance under the emissions trading scheme by a month amid disruptions caused by the COVID-19 outbreak, and has backloaded some of its monthly KAU auction volume accordingly.

A proposal to include shipping in the EU ETS has gathered an "encouraging" consensus among EU lawmakers, the EU parliament’s lead lawmaker on the issue said on Monday. 

The EU must increasingly focus on reducing the steel sector’s use of coal, analysts said on Tuesday in finding that coal-fired steelmaking facilities were the top emitters in seven EU nations last year.

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

A trading and risk management analyst at London-based consultancy Redshaw Advisors has left the firm to join Oxford-headquartered offset project developer Climate Care.

The Climate Change Program Evaluation Branch is seeking a manager to lead the Market Monitoring Section, which oversees the California Cap-and-Trade Program and plays an integral role in the continued development and evaluation of the emissions market.

Two Northeast US power sector carbon programmes may see higher future bank adjustments due to the effect of widespread ‘shelter-in-place’ orders to stem the COVID-19 outbreak, regulatory sources said.

A federal judge agreed on Monday to move a pre-trial conference for the US federal government’s Constitutional challenge to the California-Quebec ETS linkage as the Department of Justice (DOJ) considers an amendment to its complaint.

US biofuel credits (RINs) surged nearly 15% Monday on reported strong demand from obligated parties despite several uncertainties hanging over the Renewable Fuel Standard (RFS) market.

Being confined to our homes with the wider world firmly under lockdown due to the coronavirus, we have started a podcast: Carbon Pulse Conversations. Check out our first episode!

A Brussels plan to impose a carbon price on imports may have widespread consequences for Ukraine's industry, the country has said, giving the clearest signal yet that the EU's neighbours are beginning to show concerns over the potentially divisive measure.

Hawaii legislators’ plans to approve a carbon levy proposal this year are in doubt due to the COVID-19 pandemic, but the economic fallout from the virus outbreak could present an opportunity to raise critical revenue for the tourism-dependent US state, the bill sponsor told Carbon Pulse.

Estonia is investigating whether it can cease participation in the EU carbon market in order to ease the country's power prices, its finance minister has said.

EUAs raced up more than €2 to top €20 on Monday as wider European markets rallied on signs of a slowdown in coronavirus cases, even as oil prices declined.

Strengthening New Zealand’s ETS, especially in regards to free allocation, might be a better way to cut emissions than the controversial ban on new oil and gas exploration, according to an environmental watchdog.

This is a transformational role, driving response, alignment and adjustment to the crucial implication of climate change and how they impact the operating model and propositions. The right individual will be extremely knowledgeable about climate change and will embrace the visionary task with passion, energy, and intellectual rigour.

As part of the Climate Policy and Carbon Pricing practice within the Consultancy & Services Unit, you will focus on the delivery of high quality consultancy advice on climate change policies and carbon markets for Latin American and international clients, and be responsible for the management of small project teams.