Carbon Pulse

As Carbon Emissions Finance Advisor you will be part of the global Shell Trading Finance team and you will report to the Carbon Emissions Finance Manager based in Singapore. This excellent opportunity will give you the opportunity to contribute to growing and shaping the future of Shell’s carbon emissions business.

A federal judge on Thursday ruled California’s ETS linkage with Quebec does not violate the US Constitution’s Treaty and Compact Clauses, but the court did not rule on two remaining legal challenges brought by the Department of Justice (DOJ).

EUAs suffered their biggest daily so far this year on Thursday, tumbling below €23 as markets reeled following US travel restrictions as part of a global scramble to limit the impact of the coronavirus.

US biofuel credit (RIN) prices under the Renewable Fuel Standard tumbled on Thursday as the global macroeconomic impacts of the COVID-19 coronavirus exerted bearish pressure on the market.

Sweden has cut short a carbon credit delivery contract with a controversial Uganda-based forestry project over legal issues, having bought fewer than a quarter of the intended offsets from the scheme.

Europe’s top emitter RWE slightly advanced its hedging rate for future generation over Q4 2019, extending EUA purchases to cover as far as 2030, even as its emissions collapsed 25% last year, the company said in financial results on Thursday.

The Green Climate Fund board has agreed to co-finance a forest carbon venture initiated by Japan’s biggest bank in at least seven countries across Latin America and sub-Saharan Africa.

UNEP is hiring a specialized consultant for 12 months to lead on improving exposure of the projects and blended finance facilities in which UNEP’s Climate Finance Unit is involved, and contribute to the role of communications and knowledge management.

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

California Carbon Offset (CCO) issuance attained the highest level so far this year as four existing forestry projects helped boost supply this week under the state's WCI-linked ETS, according to data published Wednesday.

Clinching an international carbon trading deal on the Paris Agreement’s Article 6 will not be among the major issues for the British hosts of November’s UN climate talks in Glasgow, an ex-lead UK climate negotiator said on Wednesday.

The Spanish government has launched a consultation until Mar. 14 on its plans to establish of an aviation levy, amid EU-wide demands to increase ‘green’ taxation efforts. 

The UK will in the coming months launch a consultation on a new tax as a post-Brexit carbon pricing alternative to an ETS, the government announced as part of its annual budget on Wednesday, while keeping the country’s domestic carbon levy frozen for another year.

California regulator ARB should set the state’s pending Low Carbon Fuel Standard (LCFS) maximum price at just under $218 this year, while the current US inflation figure would place the state's WCI auction reserve value close to the $18.00 level, according to federal data published Wednesday.

EUAs sank back below €24 early on Wednesday, below technical support that some had seen as helping carbon defy wider weakness across financial markets on the impact of the coronavirus.

The Shanghai municipal government on Wednesday ordered 73 companies to submit their 2019 emissions data by the end of this month, keeping China on track to launching its national emissions trading scheme before the end of the year despite the massive disruptions caused by the coronavirus.

South Korea’s monthly CO2 allowance auction sold out on Wednesday, with the clearing price moving up nearly 1% from last month’s sale as an overall shortage in the market continues to prop up demand.

The international aviation industry’s offset market will have access to ample supply of carbon credits in its three-year pilot phase even if eligible units are restricted to those generated from 2016, according to a study released Wednesday.

The Asian Development Bank is looking for an intern to support activities of ADB's Carbon Market Program (CMP), implementation of the TA on Establishing a Support Facility for Article 6 of the Paris Agreement and operation of the Future Carbon Fund.

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