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US Steel chops 2,500 jobs at Slovakia plant, blaming high EU carbon prices
US Steel will lay off 2,500 workers at its large steel mill in Slovakia over the next two years, the company announced on Friday, blaming high EU carbon and power prices. Read MoreTop
Poland greenlights plan to compensate industry for indirect EU ETS costs
Poland’s parliament passed a bill on Friday to compensate its EU ETS-covered industry for indirect carbon costs, making good on a government plan announced nine months earlier when carbon prices first surged towards €30. Read MoreTop
EU Market: EUAs rebound towards €29 as looming heatwave revives bulls
European carbon prices emphatically rebounded from a six-day low on Friday's bullish auction result and forecasts of an impending heatwave, with buyers also taking comfort from strong technical signals. Read MoreTop
Proposed New York CO2 charge facing further delays after passage of carbon neutrality bill
The New York Independent System Operator (NYISO) is delaying the finalisation of its carbon charge on its wholesale power market until this fall as it awaits further analysis on the state’s recently approved carbon neutrality legislation. Read MoreTop
Norway and Suriname to explore carbon credits for preventing deforestation -report
Norway and Suriname are said to be exploring an arrangement where the South American country would earn carbon credits for keeping its tropical forest intact, according to a local news report. Read MoreTop
Colorado to undertake feasibility study of LCFS
A Colorado agency will commence a study this fall on the technical and economic feasibility of implementing a low-carbon fuel standard (LCFS) in the western US state, a government official said. Read MoreTop
Nordic utilities report jumps in ETS-covered output amid lower hydro
Two Nordic utilities reported rises in EU ETS-covered output over the first half of 2019 as their thermal facilities ramped up to cover lower hydro generation, though they said fossil-based production may ease for the rest of the year as reservoirs have since filled. Read MoreTop
Swiss energy-related CO2 emissions fall in 2018 despite stubborn transport output
Switzerland’s energy-related CO2 emissions continued falling in 2018, the government announced this week, though the decline was again mostly seen in the consumption of thermal fuels as transportation’s output was unchanged. Read MoreTop
CN Markets: Pilot market data for week ending July 19, 2019
Closing prices, ranges and volumes for China's regional pilot carbon markets this week. Read MoreTop
