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Resources boom makes Australia world’s third-biggest exporter of fossil fuel CO2 -report
Australia’s massive and increasing fossil fuel industry has made it the world’s third-biggest exporter of carbon emissions, with its share set to rise further without new government policies, a report said Monday. Read MoreTop
Higher CO2 price should be focus of California allowance oversupply talks -experts
California should worry less about hitting the state’s long-term GHG goal and focus on raising carbon allowance prices to stimulate innovation and allay concerns about the oversupply of CO2 permits in its ETS, economists said at public hearing Friday. Read MoreTop
Norway halts forest payments to Brazil
Norway has halted payments to the Amazon Fund for deforestation efforts in Brazil, claiming the Bolsonaro government has broken the terms of their agreement. Read MoreTop
EU Market: EUAs extend five-week low below €26 for 7.7% weekly loss
EUAs extended a five-week low below €26 on Friday to cap a week of sliding prices on a slew of bearish technical and fundamental signals. Read MoreTop
Australian offset issuance drops, but ERF delivery holds steady
Australia’s Clean Energy Regulator issued just over 190,000 carbon credits this week, just a third of last week’s volume but close to the long-term average. Read MoreTop
CN Markets: Pilot market data for week ending Aug. 16, 2019
Closing prices, ranges and volumes for China's regional pilot carbon markets this week. Read MoreTop
California utility PG&E to present reorganisation plan by Sep. 9
Embattled California utility Pacific Gas & Electric (PG&E) will submit its reorganisation plan three weeks ahead of a late September deadline, according to a recent filing, as the company attempts to prevent a bankruptcy court from considering competing proposals from its creditors. Read MoreTop
EU Market: EUAs stumble to new 5-week low as sellers remain in control
European carbon dropped to a fresh five-week low below €26 on Thursday, undoing all of July's gains, as traders said speculative sellers, Brexit fears, and wider macroeconomic worries were pressuring. Read MoreTop
EEX calls for overhaul of EU carbon auction schedule
German energy exchange EEX has called for EUA auction rules to be modified and the sale schedule to be overhauled. Read MoreTop
