EU Market: EUAs fade after extending 4-week high
EUAs extended further their four-week high early on Thursday, inching closer to their loftiest so far this year as some corners of the energy complex edged upwards and worries about the Covid-19 coronavirus continued to ease.
Read MorePoland proposes scrapping free carbon allowances for EU ETS aviation
Poland has proposed eliminating free carbon allowance allocations for aircraft operators covered by the EU ETS and wants to implement full auctioning for the sector, according to a document seen by Carbon Pulse.
Read MoreEU Market: EUAs extend 4-week high as spread of coronavirus slows
EUAs extended their four-week high above €25 on Wednesday as markets lifted on mounting hopes that the Covid-19 coronavirus is receding, even as traders await the schedule for the UK’s resumed carbon allowance auctions.
Read More‘Just transition’ in Europe’s most coal-addicted regions possible by 2030 -report
A ‘just transition’ away from coal is possible by 2030 in three of the European regions most reliant on the fossil fuel, a new analysis has found.
Read MoreEasyJet, Harrods breach EU ETS rules as UK issues record £5.6m in fines
Low-cost airline EasyJet, luxury department store Harrods, and a renowned British architect were among those to be penalised this month for violating the rules of the EU ETS, as the UK government issued its largest batch of non-compliance fines to date.
Read MoreEU Market: EUAs inch further above €25 as markets swoop on virus fears
EUAs rebounded from an early dip below €25 on Tuesday to hit a four-week high as fears about the impact of the Covid-19 coronavirus continued to weigh on global markets.
Read MoreNearly half of global GDP could soon be subject to net zero emission targets -report
Governments representing 49% of the global economy have or are in the process of putting in place targets to reach net zero greenhouse gas emissions, a report showed.
Read MoreCarbon Pulse kicks off 2020 with two new hires to enter investment, development phase
Carbon Pulse has expanded its workforce to kick off 2020, hiring two experts to help bolster its unrivalled news and intelligence offering as the five-year old company enters a new period of investment and product development.
Read MoreNew REDD standard expands to include subnational jurisdictions
The Architecture for REDD+ Transactions (ART) programme published its new standard for combatting tropical forest deforestation on Monday, giving subnational jurisdictions more authority and a longer timeframe than previously outlined to generate carbon credits for sale in voluntary and compliance-based offset markets.
Read MoreEU Market: EUAs lift to 3-week high on energy gains, technical break
EUAs rose 3.1% to hit a three-week high above €25 on Monday as prices broke above technical resistance levels while strong gains in the wider energy complex helped spur the bulls.
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