Russia to deepen 2030 emissions target, its companies to move on carbon pricing

Published 17:54 on May 30, 2016  /  Last updated at 21:55 on May 30, 2016  /  Asia Pacific, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC  /  No Comments

Russia will revise upwards its emissions reduction target for 2030, the country’s deputy prime minister said Monday. Read More

End of an era? Carbon Expo’s future in doubt as attendance dwindles

Published 10:10 on May 29, 2016  /  Last updated at 11:32 on May 30, 2016  /  Bavardage, Climate Talks, Conversations, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

The future of Carbon Expo, the pre-eminent conference and trade fair for the global carbon markets and climate finance industry, is in doubt amid falling attendance and as sources said some of its organisers want to give the annual event a makeover that could include hosting it in a new location. Read More

CDM projects in frame for boost as green financiers hover

Published 10:03 on May 30, 2016  /  Last updated at 23:48 on May 30, 2016  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

Thousands of carbon-cutting projects in the UN’s CDM could be in line for a financial shot-in-the-arm, with dozens potentially benefitting as early as this year as bankers seek to package the schemes under green bonds. Read More

EU Market: EUAs nudge higher as volume slows to a trickle

Published 19:24 on May 30, 2016  /  Last updated at 19:24 on May 30, 2016  /  EMEA, EU ETS  /  No Comments

EU carbon prices rose slightly on Monday but volumes were very low due to a public holiday in the UK and US, and as traders awaited an EU Parliament report on ETS reform. Read More

NZ estimates ETS change will shave two-thirds of permit surplus, keep CO2 price below NZ$25

Published 10:01 on May 30, 2016  /  Last updated at 01:50 on May 31, 2016  /  Asia Pacific, New Zealand  /  No Comments

New Zealand’s decision to phase out the 2-for-1 rule in its emissions trading scheme over the next three years is likely to reduce the NZU surplus in the registry by nearly two-thirds by 2020 and keep the price below NZ$25 ($16.72) per tonne, according to the Treasury. Read More

International emission trade talks begin slowly as NZ, Japan set pace

Published 00:49 on May 28, 2016  /  Last updated at 10:41 on May 30, 2016  /  Africa, Americas, Asia Pacific, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, New Market Mechanisms, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

UN climate negotiations meeting in Bonn over the past fortnight began a long-haul process to refine rules for international emissions trade, with Japan and New Zealand vowing to advance their own plans regardless. Read More

SK Market: KAUs extend losses ahead of this week’s auctions

Published 09:35 on May 30, 2016  /  Last updated at 09:35 on May 30, 2016  /  Asia Pacific, South Korea  /  No Comments

Korean Allowance Units (KAUs) fell another 2.4% in Monday trade as sellers sought to offload some of their surplus permits ahead of three government auctions later in the week that are expected to satisfy most market demand. Read More

Guangdong to hold final 2015 auction on June 8

Published 09:27 on May 30, 2016  /  Last updated at 09:27 on May 30, 2016  /  China, China's Pilot Markets  /  No Comments

The Guangdong carbon exchange will host the fourth and final government auction of CO2 allowances for 2015 on June 8, it said Monday. Read More

Guangdong carbon broker wins custodial trading contract with Shenzhen Energy Group

Published 09:24 on May 28, 2016  /  Last updated at 10:05 on May 28, 2016  /  Bavardage, China, China's Pilot Markets  /  No Comments

Broker Vcarbon has signed a contract to handle CO2 allowances on behalf of the Shenzhen Energy Group in Guangdong’s emissions trading scheme, the local exchange announced, the first custodial trading contract signed in the Guangdong market. Read More

Manitoba to push ahead with carbon pricing under new government

Published 00:03 on May 28, 2016  /  Last updated at 00:06 on May 28, 2016  /  Americas, Canada, Carbon Taxes, US  /  No Comments

Manitoba’s new Conservative government has confirmed it will introduce a carbon pricing mechanism, carrying on the work started by the Canadian province’s previous NDP administration. Read More