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CP Daily: Thursday August 15, 2019

Published 00:03 on August 16, 2019  /  Last updated at 00:03 on August 16, 2019  /  Newsletter  /  No Comments

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

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Switzerland delays next carbon allowance auctions

Published 21:49 on August 15, 2019  /  Last updated at 21:54 on August 15, 2019  /  EMEA, EU ETS, Switzerland  /  No Comments

Switzerland has delayed what might be its final allowance auctions before it links with the EU ETS.

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EEX calls for overhaul of EU carbon auction schedule

Published 21:30 on August 15, 2019  /  Last updated at 21:41 on August 15, 2019  /  EMEA, EU ETS  /  No Comments

German energy exchange EEX has called for EUA auction rules to be modified and the sale schedule to be overhauled.

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California utility PG&E to present reorganisation plan by Sep. 9

Published 19:09 on August 15, 2019  /  Last updated at 00:00 on August 16, 2019  /  Americas, Canada, US  /  No Comments

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.

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EU Market: EUAs stumble to new 5-week low as sellers remain in control

Published 18:33 on August 15, 2019  /  Last updated at 20:07 on August 15, 2019  /  EMEA, EU ETS  /  No Comments

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.

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NA Markets: WCI rises ahead of next week’s auction, while RGGI hits 11-mth low

Published 17:28 on August 15, 2019  /  Last updated at 17:28 on August 15, 2019  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices rose this week ahead of the WCI cap-and-trade programme’s quarterly sale, while RGGI allowances (RGAs) exacerbated their ongoing skid.

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Climate Diplomacy, Risk and Security Researcher, E3G – London

Published 03:35 on August 15, 2019  /  Last updated at 03:35 on August 15, 2019  /  Job Postings  /  No Comments

E3G is looking for a dynamic professional to support the research and advocacy work of its Climate Diplomacy, Risk and Security Programme team, with a focus on supporting E3G’s work in preparation for COP26.

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1.5C Campaign Manager, CDP – Berlin

Published 03:24 on August 15, 2019  /  Last updated at 03:24 on August 15, 2019  /  Job Postings  /  No Comments

CDP is looking for a Campaign Manager to lead the execution of the 1.5C campaign in coordination with the other We Mean Business (WMB) coalition partners, Science Based Targets (SBT) initiative, and other relevant organisations. The Campaign Manager will be responsible for finalizing and delivering on the campaign strategy to raise corporate ambition to 1.5°C.

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CP Daily: Wednesday August 14, 2019

Published 23:55 on August 14, 2019  /  Last updated at 10:33 on August 15, 2019  /  Newsletter  /  No Comments

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

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California senator urges ARB to oppose Tropical Forest Standard

Published 23:51 on August 14, 2019  /  Last updated at 01:39 on August 15, 2019  /  Africa, Americas, Asia Pacific, Aviation, Canada, Climate Talks, EMEA, International, Mexico, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

California regulator ARB should not endorse its Tropical Forest Standard (TFS) next month because sector-based REDD offsets lack environmental and social integrity and fail to address the root causes of deforestation, a state senator said, potentially opening a bicameral rift over the already divisive issue.

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