Carbon Pulse
News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 1 hour 37 min ago
New Zealand makes U-turn on carbon auction technical reserve price
New Zealand will opt for a technical reserve price at its NZU auctions after all, Climate Change Minister James Shaw has said, a move intended to ensure prices don’t drop far below secondary market levels at the government sales.
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CP Daily: Monday December 21, 2020
A daily summary of our news plus bite-sized updates from around the world.
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Japan PM instructs officials to draw up carbon pricing proposal
Prime Minister Yoshihide Suga has instructed the environment ministry to draw up a carbon pricing proposal as an option for the country’s climate policy strategy.
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Clean Energy Transition Energy Innovation Programme Officer, IEA – Paris
The IEA is seeking a motivated individual who is passionate about the potential for clean energy technology innovation globally and has a track record of working on related analytical projects that support policy-making and investment decisions.
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Development of Finance Institutions Senior Associate, WRI – Washington DC
The World Resources Institute is seeking a senior association to lead the Sustainable Finance team's work on Development Finance Institutions, including the MDBs, NDBs, and the IMF. You will be responsible for proposing, designing, and directing policy-oriented research to promote climate ambition of the DFIs
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California offset developer may face ongoing issuance halt following invalidation, emails suggest
An offset project subject to invalidation earlier this year would be unable to receive additional credits unless the developer could show the agency that the regulatory non-compliance issues had been resolved, according to emails obtained by Carbon Pulse.
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Delayed EU ETS Phase 4 carbon allowance auctions to start in late January
The EU's Phase 4 (2021-30) carbon allowance auctions will start in late Jan. 2021, the European Commission announced late Monday, with the delay in new supply somewhat shorter than anticipated.
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UPDATE – Four TCI jurisdictions sign on to final framework for regional US fuel sector carbon market
Four members of the US Transportation & Climate Initiative (TCI) on Monday endorsed a final Memorandum of Understanding (MOU) to implement a fuel sector cap-and-programme in 2023, with eight other members agreeing to continue to collaborate on the regional effort.
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California power sector emissions rise in October to reach parity with 2019
California electricity sector emissions rose for the third consecutive month as higher demand and more carbon-emitting sources pushed year-to-date CO2 output even with last year, according to California Independent System Operator (CAISO) data.
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EU Midday Market Briefing
EUAs tumbled below €30 early on Monday as financial markets buckled on fears about a mutating coronavirus strain, even as US lawmakers struck a long-awaited stimulus deal.
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Australia Market Roundup: ACCU issuance holds up, regulator extends Safeguard baselines
Australia's Clean Energy Regulator has issued 320,000 carbon credits in its latest awards round, while also extending baseline determinations for dozens of facilities due to COVID-19 interruptions.
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Energy and Carbon Consultant, RSM – Sydney
This is a key position with responsibility for effectively servicing clients and projects with a focus on carbon, energy and environment related engagements.
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European HFC prices tumble since 2018, but smuggling seen a factor -EU Commission report
Prices for HFCs in the EU have tumbled from their 2018 peak amid a rise in less potent and more climate-friendly alternatives, though part of the reason for this is also likely to be more illegal imports of the greenhouse gas into the bloc.
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CP Daily: Friday December 18, 2020
A daily summary of our news plus bite-sized updates from around the world.
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MEPs mull phaseout of free carbon allowances under planned border levy
MEPs are grappling with how quickly to withdraw free carbon allowances from EU heavy industries under a proposed carbon border levy, while ex-officials warn of a potential diplomatic furore ahead.
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Cheap units from emerging nations dominate voluntary offset supply, survey shows
Low-cost offsets from emerging or developed nations dominated voluntary carbon market supply in 2019, while market participants fear efforts to standardise pricing will make premiums even harder to achieve for high quality activities, according to a report published Friday.
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Director/Vice President of Sales, Bluesource – US
As Director or Vice President of Sales (depending on prior experience), your initial responsibilities will include sales and marketing functions related to Bluesource’s voluntary carbon market business, including identification and acquisition of new customers, client engagement, development and implementation of marketing strategies and negotiation of sales agreements.
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WCI traders slice CCA length ahead of the December expiry
Compliance entities and speculators slashed California Carbon Allowance (CCA) futures holdings this week, as traders largely focused on moving positions further out on the curve ahead of the December expiry, according to US Commodity Futures Trading Commission (CFTC) data published Friday.
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WCI Feb. 2020 auction volume shrinks on smaller consignment
California and Quebec’s first post-2020 carbon auction will feature 54.8 million current vintage allowances, marking a decline from the Q4 sale largely due to lower consignment, according to an auction notice published Friday.
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Canada releases draft Clean Fuel Standard regulations after narrowing scope
The Canadian government on Friday released draft regulations to implement a Clean Fuel Standard (CFS), roughly a week after Prime Minister Justin Trudeau’s administration announced plans to trim the scope of the programme.
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