Top
New Zealand carbon permit stockpile shrinks by almost 10 mln in 2023
The number of carbon allowances for the New Zealand emissions trading scheme in the country's registry shrank by almost 10 million last year as the several failed quarterly auctions meant the permits used for compliance were not fully replaced. Read MoreTop
California's cap-and-trade regulatory delays could impact linkage timeline with Washington -panellists
California’s delay in finalising changes to its cap-and-trade scheme could affect the linkage timeline between existing WCI partners and Washington, panellists said at a conference Tuesday. Read MoreTop
New York cap-and-invest scheme not likely to allow offsets -analyst
State agencies are expected to design New York's ETS without provisions for carbon offsets that may allow participants to increase emissions, an analyst said at a conference on Tuesday. Read MoreTop
Taiwan seeks to bring forward ETS implementation timeline - media
Taiwan is planning to accelerate the construction work for a planned emissions trading scheme (ETS), which could be launched as early as 2026, according to local media reports. Read MoreTop
Potential state legislature changes pose RGGI participation risks -panel
The upcoming gubernatorial race in New Jersey this year – followed by numerous similar elections in 2026 – raises uncertainty regarding RGGI members’ ongoing participation in the Northeast carbon market, panellists said at a conference Tuesday. Read MoreTop
Canada projected to reach 2030 emissions reductions five years late -report
Led by CO2 abatement in the electricity sector, Canada achieved a 0.8% total reduction in emissions in 2023, which potentially put the country off-track from meeting its 2030 targets, a report said Tuesday. Read MoreTop
WEF calls for hybrid approach of unilateral, multilateral schemes towards global carbon pricing
Global carbon pricing measures must strike the right balance between unilateral and multilateral measures to be fair and effective, and encourage incremental progress, analysis from the World Economic Forum (WEF) published Tuesday said. Read MoreTop
Mexico City, Morelos join growing list of Mexican jurisdictions with active CO2 tax
Two new subnational Mexican carbon taxes went into effect this month after appearing in official records for Mexico City (CDMX) and Morelos State in the final days of 2024. Read MoreTop
New York's ETS draft rules to be released "over the coming months"
New York Governor Kathy Hochul’s (D) 2025 State of the State report released Tuesday shed little light on when officials are expected to release full draft rules on the highly anticipated cap-and-invest programme that was expected to arrive last year. Read MoreTop
California's cap-and-trade regulatory update "not imminent", says official
An update to California’s cap-and-trade programme has been further delayed as the regulator grapples with wildfire issues and challenges to other climate policies, a state official told conference participants Tuesday. Read MoreTop
Meeting EU's new SAF mandate could halve aviation emissions by 2050 -EU agency
Meeting the EU’s new mandate for sustainable aviation fuels could cut the bloc’s net CO2 emissions by nearly half in 2050 — although the sector will still have to rely on carbon offsets to reach net zero, an EU aviation agency said in a report on Tuesday. Read MoreTop
New EU rule aims to make CO2 tests of heavy-duty vehicles more reliable
The European Commission published a regulation this week aimed at improving national verification of CO2 emissions from lorries, buses, and coaches, it announced on Tuesday. Read MoreTop
RGGI auction volumes drop 3.5% for first quarterly sale of 2025, CCR bucket refilled
RGGI states will offer 3.5% fewer permits at their Q1 sale compared to the prior quarter, along with a Cost Containment Reserve (CCR) restocked for 2025, according to a Tuesday announcement. Read MoreTop
Expert panel bullish for VCM, future of REDD amid flourishing offtake agreements
Talk of 2025 being a sink or swim year for the voluntary carbon market is unwarranted, and the fast reforming REDD forestry sector will play a dominant role in carbon mitigation over the next few years, a panel of experts said on Tuesday. Read MoreTop
