EU carbon prices to face more bearish “headwinds” before turnaround by 2026 -analysts
European carbon prices will continue to face bearish “headwinds” that will extend into next year, but will start to see a turnaround by 2026, analysts said Monday.
Read MoreRGGI Market: Third Program Review proposals hold more questions than answers
RGGI Allowances (RGAs) in the secondary market continued to slide through the week after the release last Monday of the long-awaited Third Program Review proposed changes, with traders expecting further pressure on prices.
Read More*Carbon NBS Specialist/Manager, NatureCo – Australia/Asia Pacific/Worldwide
*PREMIUM LISTING – As we are entering a growth phase, we are seeking an experienced Carbon NBS Specialist/Manager to lead the technical development of our projects and support the management of operational teams.
Read MoreWashington’s cap-and-invest participation continues to increase despite programme repeal risks
The number of entities registered with active accounts in Washington’s cap-and-trade programme once again increased in an early look at Q3 data, despite the lack of clarification from the regulator regarding the worth of allowances if the scheme is repealed through the ballot initiative.
Read MoreUS can reach 65% emissions reduction by 2035 with strong subnational support -study
The US has a pathway to cut emissions by 65% from 2005 levels by 2035 and meet its climate goals under the Paris Agreement if there is an “all-of-society” approach, according to a new study.
Read MoreNatural gas necessary bridge fuel in US grid decarbonisation, CCS not yet commercially viable -report
Natural gas will remain important to bridge the gap in energy demand for “many decades” as the US grid expects greater additions of solar and wind power, but carbon capture technology is not yet commercially competitive, according to a study published Monday by a US public policy think tank.
Read MoreEnvironmental group sues Vermont for alleged failure to comply with state climate law
The Vermont chapter of a New England-focused environmental group filed a lawsuit against the state agency, alleging failure to comply with greenhouse gas (GHG) reduction-related requirements under its climate law.
Read MoreMorgan Stanley IM closes climate private equity fund at $750 mln
Morgan Stanley Investment Management announced Monday that it closed its climate-targeted private equity fund at $750 million after attracting investments from firms in Europe, North America, and Japan.
Read MoreVCM Report: Market hopeful for COP29 boost despite weak liquidity
Liquidity continued to drag in the voluntary carbon market in the last week of September amid the distraction of New York Climate Week, although the summit has stirred hopes of a breakthrough at COP29 in November.
Read MoreEuro Markets: EUAs post 6.7% loss in September as options-fuelled rally loses steam
European carbon allowance prices posted their second-worst September performance in the past 10 years as last week’s options-fuelled rally began to unwind while the annual compliance cycle came to an end and energy markets handed back some of their early gains.
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