Mexico intends to start pilot ETS in 2020

Published 22:21 on January 18, 2019  /  Last updated at 22:26 on January 18, 2019  /  Americas, Mexico, US  /  No Comments

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 More

New Hampshire RGGI bill would eliminate withdrawal clause, alter revenue use

Published 22:48 on January 18, 2019  /  Last updated at 22:48 on January 18, 2019  /  Americas, US  /  No Comments

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 More

Massachusetts lawmakers unveil updated carbon pricing, clean energy bill

Published 19:19 on January 18, 2019  /  Last updated at 19:19 on January 18, 2019  /  Americas, Canada, US  /  No Comments

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 More

EU Market: Brexit moves, cold snap help EUAs add 10% in three days

Published 19:34 on January 18, 2019  /  Last updated at 23:13 on January 18, 2019  /  EMEA, EU ETS  /  No Comments

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 More

Norway sets more ambitious non-ETS climate goals than EU members

Published 00:00 on January 19, 2019  /  Last updated at 08:22 on January 19, 2019  /  EMEA, EU ETS  /  No Comments

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 More

Climate watchers hold breath as China ramps up stimulus activities

Published 10:05 on January 18, 2019  /  Last updated at 00:11 on January 19, 2019  /  China  /  No Comments

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 More

CN Markets: Pilot market data for week ending Jan. 18

Published 10:57 on January 18, 2019  /  Last updated at 00:03 on January 19, 2019  /  China, China's Pilot Markets  /  No Comments

Closing prices, ranges and volumes for China's regional pilot carbon markets this week. Read More

Washington state senator circulates WCI-modelled cap-and-trade outline

Published 22:55 on January 17, 2019  /  Last updated at 23:26 on January 17, 2019  /  Americas, Canada, US  /  No Comments

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 More

Former US Fed chiefs, economists endorse conservative carbon tax strategy

Published 16:35 on January 17, 2019  /  Last updated at 21:02 on January 17, 2019  /  Americas, Carbon Taxes, US  /  No Comments

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 More

NA Markets: RGGI allowances plummet by double digits as WCI prices tick up

Published 22:35 on January 17, 2019  /  Last updated at 22:35 on January 17, 2019  /  Americas, Canada, US  /  No Comments

RGGI allowance (RGA) prices fell by double digits this week as activity finally returned to the secondary market, while California Carbon Allowance (CCAs) separated from the 2019 price floor amid a surge in buying.  Read More

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