UK court rejects oil & gas firm’s Brexit ‘net off’ argument in appeal over €4m EU ETS bill
A British oil and gas firm has lost its appeal over its €4 million EU ETS bill, with a London court rejecting the idea that UK emitters should be able to ‘net off’ allowances unallocated due to Brexit with their surrender obligations.
Read MoreCourt sides with BP over fired US carbon trader’s bonus dispute, pending termination ruling
A former US emissions trader for BP will be liable to repay a $200,000 signing bonus after being fired within the first two years of employment, the US District Court of the Northern District of Illinois decided Monday, provided it rules early next year that the oil major terminated her with cause.
Read MoreMitsubishi-led consortium prevails in bid to buy Dutch energy firm Eneco
A Japanese consortium led by Mitsubishi Corp has agreed to buy Dutch energy company Eneco for €4.1 billion, beating rival offers from oil major Shell and private equity firm KKR.
Read MoreMexican carbon pricing NGO sees director leave for IHS Markit
The director of non-governmental organisation and CO2 pricing consultancy Carbon Trust’s Mexico office will take on a new role at information provider IHS Markit, Carbon Pulse has learned.
Read MoreVeteran climate lawyer launches climate investment and advisory business
A veteran climate policy and carbon market lawyer has launched a climate change advisory and investment business, aiming to raise $3 billion across investment funds to facilitate the transition to a net-zero and climate resilient future.
Read MoreEXCLUSIVE – Developers Assemble: EcoSecurities alumni regroup to relaunch iconic offset firm for new era of carbon markets
EcoSecurities, one of the most iconic developers of the offset project boom of the 2000s, is being relaunched by a team of its alumni and co-founders, Carbon Pulse has learned, gearing up to trailblaze once again in a new era of international carbon markets.
Read MoreUK govt fines 2 more firms for EU ETS infractions
Two more installations have picked up EU ETS-related fines by the UK government.
Read MoreSpain approved as new host of COP25 climate talks, with dates unchanged
Spain’s offer to host this year’s UN climate talks has been approved, the international organisation said Friday, with Madrid set to be the venue after Chile pulled out due to ongoing protests in the country.
Read MoreUPDATE – Spain steps in with offer to host COP25 climate talks after Chile withdrawal
Spain has offered to host this year’s UN climate talks in Madrid, Chilean President Sebastian Pinera said Thursday, after Chile pulled out due to ongoing protests in the country.
Read MoreRefintiv hires analyst to cover impending China carbon market
Analysts Refinitiv have hired a Beijing-based expert from the Energy Foundation to track developments ahead of next year’s launch of China’s national emissions trading market.
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