Published 20:04 on October 19, 2018 / Last updated at 15:32 on October 20, 2018 / EMEA, EU ETS / No Comments
Data showing record open interest on EU carbon allowance futures and options this year is misleading, Carbon Pulse has learned, with the potential volume to be delivered later this year far below what one exchange is currently reporting, leading to anger amongst some market participants.
The Green Climate Fund (GCF) board has approved more than $1 billion in new project funding, including funds for a trimmed down version of a controversial Bahraini project, at an often combative four-day meeting that highlighted the ongoing deep divide between developed and developing countries.
An international hydroelectric project set to deliver clean energy to Massachusetts should not proceed, because it may actually contribute to increased GHG emissions, according to a new report commissioned by three Maine environmental groups.
California's Air Resources Board (ARB) postponed its approval of cap-and-trade amendments this week as it grapples with a flood of industry questions about proposed price band levels, with political issues tied to the US midterm elections also playing a role in the delay, regulatory sources said.
Switzerland will start buying its first international credits next year to help meet its emission goal under the Paris Agreement, marking one of the first trades under the pact, an official said Thursday at the Carbon Forward 2018 conference in London.
RGGI allowances prolonged a two-year high on the secondary market as speculators continued to add support, while California units saw minor gains ahead of the upcoming compliance deadline and auction.
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