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Mexico intends to start pilot ETS in 2020
Mexico intends to open public consultation on its pilot cap-and-trade programme in the coming months as it works towards a 2020 start date, an environment ministry official told Carbon Pulse. Read MoreTop
New Hampshire RGGI bill would eliminate withdrawal clause, alter revenue use
A New Hampshire state representative released a bill Friday that would eliminate language to selectively withdraw the state from the RGGI market, while also proposing to funnel auction revenues from the programme back to energy efficiency projects. Read MoreTop
Massachusetts lawmakers unveil updated carbon pricing, clean energy bill
Two Massachusetts legislators introduced an omnibus clean energy bill this week that includes a market-based carbon pricing mechanism and more ambitious GHG targets after similar measures failed during the US state’s 2018 rulemaking session. Read MoreTop
EU Market: Brexit moves, cold snap help EUAs add 10% in three days
European carbon prices extended this week’s gains on Friday, nearing €25 on lingering bullish sentiment from Brexit developments and the cold snap that has started to chill much of Western Europe. Read MoreTop
Norway sets more ambitious non-ETS climate goals than EU members
Norway’s new government has set itself a more ambitious 2030 emission reduction goal for non-ETS sectors than any other EU member state, but the country is fighting criticism for failing to rein in its big-emitting oil and gas sector. Read MoreTop
Climate watchers hold breath as China ramps up stimulus activities
China has pumped the equivalent of almost $100 billion into its markets over the past few days, sparking speculation as to whether the country is planning a massive stimulus programme - a move that could potentially have a major impact on its greenhouse gas emissions. Read MoreTop
CN Markets: Pilot market data for week ending Jan. 18
Closing prices, ranges and volumes for China's regional pilot carbon markets this week. Read MoreTop
Washington state senator circulates WCI-modelled cap-and-trade outline
A Washington state senator is floating an outline of potential cap-and-trade legislation that would enable the state to link with WCI and includes many of the same provisions and design mechanisms as the California and Quebec markets. Read MoreTop
Former US Fed chiefs, economists endorse conservative carbon tax strategy
A group of former heads of the US Federal Reserve, Nobel Prize-winning economists, and past presidential advisors called for a revenue-neutral US carbon tax on Thursday, coming as the appetite for climate action in Washington DC builds in the new Congress. Read MoreTop