Carbon Pulse

The New Zealand government will announce a first set of decisions on reforming its emissions trading scheme on Dec. 12, it said Monday.

UNEP is the leading global environmental authority that sets the global environmental agenda, promotes coherent implementation of the environmental dimension of sustainable development within the United Nations system and serves as an authoritative advocate for the global environment.

Australia’s Clean Energy Regulator approved 18 new offset projects over the past week amid a minor rush by developers to qualify in time for the coming week’s Emissions Reduction Fund (ERF) auction.

The carbon intensity (CI) benchmark for diesel-based fuels under the California Low Carbon Fuel Standard (LCFS) will revert back to its normal, more stringent schedule next year after state regulator ARB fulfilled a court order.

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A second batch of RGGI offsets have been issued to a Maryland project, the only facility to have received credits under the scheme.

The New York Independent System Operator (NYISO) finalised a proposal Friday that would embed a carbon price on its wholesale electricity market, but it offered few changes from prior versions of the initiative.

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

European carbon prices ended Friday higher, adding 1.5% in a becalmed session compared to the previous day’s volatile barn burner to end within sight of last week’s close.

Voluntary market developers should pause exporting carbon credits once the Paris Agreement begins and until trade rules are clear, industry group ICROA said Friday, in a drastic shift in stance that could transform the nature of the sector.

The Asian Development Bank (ADB) teamed up with Germany and Sweden on Friday to launch a new facility to support Southeast Asian nations develop ITMO pilot projects for Paris-era international emission trade.

Energy exchange EEX on Friday published the 2019 auction calendar the group of 25 EU member states that sell their EUAs and EUAAs on the bloc's common auction platform.

RGGI’s December auction settled at $5.35/short ton on Friday, clearing at a premium for the third consecutive auction and falling outside of most market participants’ expectations.

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The US Environmental Protection Agency (EPA) released proposed rules Thursday that would relax the standard for new and modified power plants, while also removing a requirement that coal-fired facilities use carbon capture technology.

RGGI allowance (RGA) prices declined by double-digits ahead of the final 2018 auction and amid increased activity, while California Carbon Allowance (CCA) prices dipped as entities looked to shift positions across the curve.

A Dutch initiative to help consumers and companies curb the EU ETS surplus and push up emission costs is branching out across Europe aiming to pressure lawmakers for more ambitious market reforms.

“RIA lives!” said Peruvian indigenous leader Fermín Chimatani Tayori, referring to a private-public partnership called “Amazon Indigenous REDD+”, an eight-year effort to develop protocols and projects that use carbon finance to support indigenous development plans called “Life Plans” (Planes de Vida).

EU ETS prices did not hurt revenue, profits, or employment at firms covered by the programme over 2005-2014 period, but despite modest price levels, they had a limited impact in cutting emissions, the OECD said in a report Thursday.

California Low Carbon Fuel Standard (LCFS) credits traded at a new all-time high on Wednesday, drawing closer to the $200 mark as traders debated whether or not that level would be breached.