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ANALYSIS: Depoliticisation crucial to preserving cap-and-trade, safeguarding climate investments in Ontario
Ensuring that a change in the Ontario government this June will not lead to the province’s exit from the WCI carbon market will require separating the political elements of cap-and-trade from the pragmatic need to act on climate change, according to stakeholders. Read MoreTop
When a carbon price of $100/t isn’t enough: California’s farming emissions dilemma
California faces many challenges in guaranteeing a carbon price to help livestock and dairy farmers struggling to cut emissions, despite having access to buyers willing to pay over $100/tonne for credits. Read MoreTop
EU member states near 90% completion rate for 2018 free allowance allocations
EU countries have now handed out nearly 90% of their allocations of free 2018 carbon allowances, data released late Friday showed. Read MoreTop
EU Market: EUAs falter on weaker auction for a 6.4% weekly loss
European carbon prices dropped heavily for the second straight session, as a weak auction and slumping power prices triggered selling in choppy trade. Read MoreTop
Australian ministers agree to develop NEG policy package, but major issues remain unsolved
State energy ministers in Australia on Friday agreed to let the Energy Security Board (ESB) continue work on the country's National Energy Guarantee (NEG), which would introduce a carbon price signal in the electricity sector, but they remained concerned over the programme’s weak climate ambition. Read MoreTop
California stakeholders disagree on post-2020 price tiers, supply measures
Stakeholder comments on potential updates and revisions to California’s cap-and-trade programme after 2020 have revealed a rift over the levels at which the state should set its various price tiers and how it should address overallocation in the scheme. Read MoreTop
UPDATE - Lack of technical infrastructure hindering Ontario offset market investment, development
A lack of technical infrastructure and guidance from the Ontario government regarding its compliance offset programme is holding up the first investment and project submissions, according to stakeholders. Read MoreTop
NA Markets: RGGI advances on limited buying as WCI prices stagnate
North American carbon markets were relatively low-key this week, with east coast prices moving up 3% on a brief surge of buying interest, while WCI prices stagnated amid a lack of interest in outright futures. Read MoreTop
Nova Scotia cap-and-trade participants want auctions, more industry protection
Nova Scotia’s cap-and-trade programme should include auctions, while also providing for more industry protection and linkage opportunities, according to stakeholders. Read MoreTop
