EU Market: EUAs jump late after dipping below €26 in continued rocky trade
EUAs continued their volatile week on Thursday, bouncing back from a dive below €26 despite another dismal auction result and wider market weakness.
Read MoreEU carbon capture prospects “improving” with higher climate goals, IEA says
Opportunities to invest in technology-based carbon removals in the EU have improved in recent years, opening new pathways for the bloc’s heavy industry, an IEA report released Thursday said.
Read MoreCommodity trading shop Freepoint parts ways with cross-commodity analyst
A senior cross-commodity analyst has left commodities trading firm Freepoint, Carbon Pulse has learned.
Read MoreVoluntary offset prices flat in 2019 amid scramble for cheap renewable units -report
Voluntary carbon credit prices flatlined in 2019 amid increased transactions, as new buyers rushed to buy cheap renewables-sourced units ahead of this year’s cut-off for registering many clean energy projects.
Read MoreEU Market: EUAs fall 5%, giving back prior session’s gains as rampant volatility continues
European carbon prices fell back on Wednesday, handing back almost all of the previous day’s gains as quarterly EUA options expired, the market saw a heavy inflow of supply, and technical signals remained bearish to help maintain the wild volatility seen over the past month.
Read MoreBrussels starts work to spur carbon removals from agriculture and forestry
The European Commission is laying down the groundwork to propose a “robust” certification scheme to incentivise farmers and foresters to cut GHG emissions, EU officials said Wednesday.
Read MoreUN’s CORSIA to add €0.17 to ticket prices for flights leaving EU -study
The UN’s CORSIA international aviation offsetting mechanism will add just 17 euro cents to ticket prices for long-haul flights from the EU, according to an NGO-commissioned study published Wednesday.
Read MorePolish court forces biggest EU ETS emitter into closure talks
Poland’s largest utility PGE must discuss the future of its Belchatow lignite power plant with environmental NGOs that want the facility shut down, a regional court ruled on Wednesday.
Read MoreANALYSIS: Adding sinks to EU’s 2030 emissions goal unlikely to let other sectors off hook
The proposed inclusion of carbon sinks under the EU’s 2030 climate plans is unlikely to give emitters much wriggle room as the effect of Brexit and other shifts make the bloc’s overall reduction goal harder to reach.
Read MoreEU carbon prices to double on raised 2030 climate target, over €100 possible from other reforms -analysts
EU carbon allowances will average €57 over the next decade, or double current prices, analysts forecast, modelling a scenario where the bloc adopts a 55% emissions reduction target for 2030 and does not implement any other supply-tightening changes.
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