Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 2 hours 44 min ago
North Carolina commission advances green group-backed RGGI petition
North Carolina’s Air Quality Commission (AQC) on Tuesday sent on a RGGI rulemaking petition brought forth by environmental groups, with the proposal scheduled for discussion by a wider state agency next month.
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Euro Markets: EUAs sink towards €51, UKAs plumb new low as supply weighs
UK carbon prices hit a record low Tuesday while EUAs fell by more than a euro for a second day amid a sell-off in gas prices, with bulls in both markets growing cautious ahead of more supply injections.
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S&P Global Platts launches VER assessments for nature, household offset projects
S&P Global Platts on Tuesday announced it has commenced assessments for two new categories of voluntary emissions reductions (VERs), building on the commodity price reporting agency’s existing carbon credit offering.
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Oil firm Equinor accelerates push for renewables in new climate strategy
Norway’s state-owned Equinor signalled its intention to accelerate its transition to renewable energies and cut its carbon intensity, though the firm's oil and gas output is still set to rise for several years.
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Australia’s oil & gas lobby eyes carbon storage superpower status as other nations decarbonise
Australia can become a carbon storage superpower, though realising that potential would require bilateral agreements on carbon credit and accounting arrangements with potential buyer countries such as Japan and South Korea, the head of the nation’s main petroleum industry lobby group said Tuesday.
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*Climate and Energy Correspondent, Carbon Pulse – Brussels
*PREMIUM LISTING - Carbon Pulse is looking for a Climate and Energy Correspondent to help us bolster and expand our coverage of the EU ETS and other energy and environmental markets, as well as climate and energy policy at a national, EU, and international level.
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ETS Officer, Carbon Forest Services – Wellington, NZ
The ETS Officer will be a key support to the ETS Consultant. The role provides technical and administrative support to the ETS Consultant principally and the wider team on an ad-hoc basis.
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China’s Jiangxi province launches forest carbon offset programme
The Jiangxi provincial government in China has released rules and regulations for a programme to create forest carbon credits for the voluntary market, specifying that international buyers are eligible to participate.
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CP Daily: Monday June 14, 2021
A daily summary of our news plus bite-sized updates from around the world.
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Common CO2 pricing standard, large emitter alignment necessary across Canada –report
Providing a uniform standard of coverage for emissions sources and aligning large emitter programmes is necessary to improve the short- and long-term effectiveness of Canada’s patchwork landscape of carbon pricing systems, a report said Monday.
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Idaho CCO project latest to apply for LCFS transition
An Idaho-based California Carbon Offset (CCO) project is the most recent dairy digester aiming to generate credits under the Low Carbon Fuel Standard (LCFS) instead, according to documents published Friday.
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VCM Report: VER prices nudge higher as traders see growing upside potential
Voluntary emissions reduction (VER) values largely extended their record highs over the past week, even as voluntary carbon market (VCM) participants thought some corporate buyers still weren’t accounting for upside risk in the rapidly expanding area.
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Low Carbon Trader, BP – Chicago
The Low Carbon Trader will trade carbon emission credits and options within the Low Carbon Trading (LCT) Team and will be integral to the success of bp’s low energy transition. This trader will manage compliance and entrepreneurial positions, as well as be responsible for pricing and supporting the low carbon origination activity in Trading & Shipping.
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Euro Markets: EUAs give back gains after Germany releases allocation details
EUAs climbed more than a euro early on Monday amid a strengthening energy complex, but reversed course after Germany revealed plans to hand out more free carbon allowances this year than had been expected.
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NA Markets: Hot weather pushes electricity generators to hedge California cap-and-trade exposure
A California heat wave forecast throughout this week is spurring higher WCI carbon allowance prices, with some anticipating higher CO2-emitting generation to occur amid an uptick in electricity demand.
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London-based carbon fund dips toe in UK ETS as new market attracts more interest
A London-based carbon fund has made its first investment in the UK’s nascent emissions trading scheme, as interest from non-compliance players builds.
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Germany publishes free EU carbon allocation list for 2021-25, estimates start for this year’s delayed handouts
Germany on Monday published a provisional list of installations receiving free EU carbon allowances for 2021-25, suggesting the bloc is getting closer to distributing this year’s quota after months of delays.
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Technical Director (Carbon Markets), Climate Impact X – Singapore
CIX is looking for a Technical Director with strong background and familiarity with technical standards in the carbon market, strategy and international policy.
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Business Analyst and Platform Manager, Climate Impact X – Singapore
The Business Analyst and Platform Manager is an exciting hybrid role designed for a dynamic individual capable of leading business analysis to support the platform design functions and managing product delivery.
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Director of Forest Carbon Origination, Finite Carbon – Eastern US
The Director of Forest Carbon Origination will support the development of Finite’s growing portfolio of forest offset projects.
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