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NA Markets: WCI faces mid-term supply squeeze as transport sector hunts allowances

Savvy oil traders could jolt the WCI from its sleepy tracking of auction prices next year as the massive transport sector tilts the market, despite a widening overall surplus.

EU Market: EUAs end week flat, defying narrowing spreads

U carbon prices ended the week virtually unchanged to halt a downturn over the two previous weeks despite bearish signals from the energy complex.

Half of Hungary’s EUA revenue went to national budget -media

Half of the cash Hungary has received from sales of EUAs since 2010 has been used to top up the national budget, news agency MTI said on Friday.

NZ Market: NZUs extend high as supply withers

Spot NZUs extended their three-and-a-half-year highs this week, rising 3.4% to close Friday at NZ$7.50 ($4.91), with sellers gradually retreating in an attempt to lure buyers higher.

EU Parliament to source Gold Standard CERs in bid to go carbon neutral

The European Parliament will in 2016 be the first EU institution to be 100% carbon neutral, it announced on Friday.

CN Markets: Pilot market data for week ending Nov. 13, 2015

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

Voluntary market data from CTX for Nov. 13, 2015

A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data from Carbon Trade Exchange.

Bite-sized updates from around the world

In the aftermath of the latest ERF auction results in Australia, analysts Reputex have taken a look at some trends behind the numbers and the key implications for the market.

The European Court of Justice rejected a case brought by environmental campaign lawyers ClientEarth against the European Commission to disclose impact assessments connected with environmental policy. The court said premature access to the documents could seriously undermine the EC’s decision-making process. (ECJ)

The OECD has published an interactive web tool to compare climate mitigation policies country-by-country.

And finally… The Ontario government has distributed its long-awaited draft carbon market rules to industry.  Carbon Pulse hopes to comb through the 66-page document over the weekend and summarise the key takeaways.

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