Top
Canada to accelerate shift away from coal-fired power
Canada will accelerate its transition away from coal-fired electricity by 2030, the country’s environment and climate change minister announced on Monday. Read MoreTop
COP-22: Nations get two years to firm up Paris Agreement rulebook
UN climate negotiations ended in Marrakech in the early hours of Saturday morning with agreement on setting a two-year process to write the rulebook underpinning the Paris Agreement. Read MoreTop
Beijing tightens ETS cap in new allocation plan
The Beijing municipal government has tightened CO2 limits in its emissions trading scheme, keeping the overall cap at similar levels as before while adding several hundred new companies. Read MoreTop
NZ Market: Profit-taking pushes NZUs further down
New Zealand carbon allowances ended in negative territory for a seventh consecutive day on Monday, as profit-trading added to the woes brought on by the recent US election. Read MoreTop
UN climate talks get late jolt as nearly 50 poor nations raise the stakes
Nearly 50 of the poorest nations made a joint pledge on Friday to update their national climate plans before 2020 and aim for 100% renewables by 2050, putting pressure on major economies to ratchet up their Paris Agreement contributions at the earliest opportunity. Read MoreTop
Mexico eyes late 2017 ETS launch, path to California link
Mexico is gearing up to launch its emissions trading system the second half of 2017, just ahead of the country’s December general election and with a link to California firmly in mind. Read MoreTop
MEPs to tackle EU ETS reforms in ‘one big thump’ -Duncan
Lawmakers in the EU Parliament’s environment committee have abandoned their piecemeal approach to post-2020 ETS revision and are aiming to thrash out one big compromise ahead of a crunch vote next month, according to Ian Duncan, the UK MEP steering the file through the assembly. Read MoreTop
CN Markets: Shanghai ETS sees record bids as market reopens
A record 910,000 allowances traded in the Shanghai CO2 market on Friday as it reopened after having been closed since July 1, with prices pegged at 10.72 yuan, exchange data showed. Read MoreTop
EU Market: EUAs hand back previous day's gains to notch 1.6% weekly decline
European carbon prices fell on Friday to give back almost all of Thursday’s 6% gains due to a weak auction result and falling coal, notching a 1.6% weekly loss. Read MoreTop