EU ETS suffers registry outage, temporarily preventing trade in carbon units
The EU’s carbon market has been hit by technical issues this week, including a server outage on Wednesday that was preventing participants from accessing their registry accounts or processing allowance transactions.
Read MoreSouth Pole carbon markets director to join BP
South Pole’s director of climate policy and carbon markets has left the company to take up a similar role at BP, Carbon Pulse has learned.
Read MoreShell to buy Australian carbon project developer
Shell will buy an Australian carbon offset project developer as part of its global drive to cut GHG emissions through nature-based solutions, its first acquisition under the programme, the oil major announced Monday.
Read MoreNew US-listed carbon ETF launched amid growing investor interest
A new US-listed exchange-traded fund (ETF) that tracks carbon prices in three markets was launched Thursday, allowing retail investors for the first time to indirectly hold cross-continental stakes in cap-and-trade schemes.
Read MoreFormer RGGI executive tapped to lead work on Oregon climate policies
A former RGGI executive director has been hired by Oregon’s Department of Environmental Quality (DEQ) as the state develops a cap-and-reduce programme and a more stringent clean fuel standard under a gubernatorial order.
Read More“Unauthorised” carbon trades cost Portugal’s Galp Energia €60 million
Portuguese oil and gas company Galp Energia has recorded a loss of €60 million from “unauthorised” transactions in carbon allowances, it said Tuesday.
Read MoreNew York firm eyes new low-carbon transition fund
A New York-based firm will launch a hedge fund next month aimed at capitalising on the societal shift to a low-carbon economy, with 40% of its investment aimed at purchasing emissions allowances, according to media reports.
Read MoreCarbon Pulse adds another EU correspondent as Brussels becomes global climate action epicentre
Carbon Pulse has further expanded its roster of reporters, hiring a new Brussels-based correspondent to enhance the company’s news coverage and data analysis during a crucial period for both EU climate policy and the continent’s energy markets.
Read MoreTraders find humour, unease in fake tweets targetting EU carbon prices
EU carbon traders have found humour in a pair of fake tweets that have been circulating in the market over the past week or so, though some voiced unease at the possibility that they were genuine attempts to influence EUA prices.
Read MoreVeteran carbon journalist sues Bloomberg over dismissal
A veteran carbon market journalist has sued Bloomberg over his dismissal, alleging it was based on him ‘whistle-blowing’ over the news agency’s “biased” coverage of climate change and the Paris Agreement.
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