Carbon Pulse

Our new US Director will shape and lead our US business. Responsibilities may include but are not limited to leading US business development, including our carbon & climate program, further building our California-based team, and coordinating with Amsterdam on commercial, operational and marketing initiatives.

California will hold a public meeting on Nov. 15 to consider whether regulators should endorse a tropical forest standard, in a move that would pave the way for the state's cap-and-trade programme to become the world's first compliance carbon market to allow REDD credits.

While Australia is coming to terms with yet another new prime minister, one thing that hasn’t changed is the emissions data: Australia’s greenhouse gas emissions are not projected to fall any further without new policies, writes Anna Skarbek of ClimateWorks Australia.

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

RGGI officials are pushing their New Jersey counterparts to consider a lower emissions cap in order to strengthen the regional carbon scheme upon rejoining, sources have told Carbon Pulse.

The CDM’s Executive Board held its 100th meeting last week in Bangkok, ahead of intersessional UN climate talks this week in the Thai capital, agreeing a handful of scheme modifications in advance of this year's crucial COP24 summit.

EU carbon prices were back on a positive path on Wednesday, continuing to track gains in key energy contracts, which hit fresh multi-year highs.

Strong climate action including robust carbon pricing could add at least $26 trillion to the world economy by 2030, accumulating 65 million jobs and avoiding 700,000 premature deaths from air pollution in the process, according to a wide-ranging study released on Wednesday.

California will require utilities to cover indirect emissions associated with purchases from the energy imbalance market (EIM) starting on Apr. 1, 2019, according to proposed regulations released late Tuesday.

The Foundation’s Conservation and Science Program is seeking a Climate Program Officer to manage and oversee its portfolio of work on bioenergy and carbon dioxide removal. In this newly created position that will join a team working on climate change, you will have an exciting opportunity to help shape and guide the trajectory of the Foundation’s work in the climate space.

Traders are anticipating the September RGGI auction will settle at a discount to the current secondary market levels despite recent price increases and speculative purchases at prior sales.

China’s Ministry of Ecology and Environment (MEE) will support the revamp of its carbon credit programme as soon as possible to ensure offsets will be eligible in the national emissions trading scheme, Vice Environment Minister Zhuang Guotai said Wednesday.

NZUs edged up 5 cents on Wednesday to hit yet another all-time high, but the recent strong upward trend has run out of steam as emitters are wary about the market going much higher than the fixed price option level.

California's Air Resources Board (ARB) on Tuesday released proposed amendments to the state's cap-and-trade programme that would set a price ceiling and reserve tiers, establish post-2020 offset rules, and offer some avenue to account for the allowance surplus resulting from Ontario's WCI exit.

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

EU carbon prices held their ground on Tuesday to consolidate above €20 after another weak auction result and yesterday's big losses.

A rapidly-rising EU carbon price is helping to boost confidence that the Paris Agreement rulebook will be finalised this year, though this could mean leaving out guidance on how carbon markets will operate under the UN pact.

French President Emmanuel Macron on Tuesday named Francois de Rugy as the country’s new environment minister, after the previous minster Nicolas Hulot resigned abruptly last week.

European carbon will hit €30 before the end of 2019, as the current momentum could combine with structurally bullish factors ahead to lift EUA prices to record highs, analysts predict.

The EU risks a repetition of the large-scale ETS VAT fraud that has cost governments billions of euros in tax revenue unless it extends protections beyond this year, a group of business associations said on Tuesday.