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Microsoft doubles internal CO2 price, joins conservative climate group

Published 21:37 on April 16, 2019  /  Last updated at 21:37 on April 16, 2019  /  Americas, Carbon Taxes, International, US  /  No Comments

US tech giant Microsoft announced Tuesday that it will nearly double its internal carbon price to further its GHG reduction goals, while also joining a Republican-backed organisation advocating for a nationwide CO2 tax.

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Ontario emissions declined during first year of now-defunct ETS, data shows

Published 21:35 on April 16, 2019  /  Last updated at 21:35 on April 16, 2019  /  Americas, Canada, US  /  No Comments

All three of Ontario’s largest emitting sectors saw their GHG output drop during the first year of the Canadian province’s now-cancelled cap-and-trade programme, according to government data.

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Pennsylvania environmental board approves cap-and-trade petition

Published 17:42 on April 16, 2019  /  Last updated at 19:08 on April 16, 2019  /  Americas, US  /  No Comments

Pennsylvania’s Environmental Quality Board (EQB) on Tuesday approved a green group-led petition to introduce an economy-wide cap-and-trade programme in the state, but the proposal still has several more hurdles to clear before becoming a viable ETS.

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Energy innovation necessary for California to reach 2050 GHG goals -report

Published 21:39 on April 15, 2019  /  Last updated at 22:19 on April 15, 2019  /  Americas, US  /  No Comments

California will not be able to reach its mid-century GHG target without energy innovation taking place in several key sectors, as current technologies will fall short in generating the necessary emission reductions, according to a new report.

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IncubEx adds senior vice president for North American environmental markets

Published 15:07 on April 15, 2019  /  Last updated at 18:58 on April 15, 2019  /  Americas, Bavardage, Canada, EMEA, EU ETS, US  /  No Comments

Product and business development firm IncubEx has hired its senior vice president to assist in the company’s expansion of exchange-traded North American carbon and renewable energy commodities.

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FEATURE: Alberta election stoking uncertainty for province’s offset industry

Published 10:25 on April 15, 2019  /  Last updated at 17:53 on April 15, 2019  /  Americas, Canada, Carbon Taxes  /  No Comments

Offset market participants and developers are closely monitoring the outcome of Alberta’s Apr. 16 election, as a victory by the opposition and poll-leading United Conservative Party (UCP) could dramatically alter the landscape of the Canadian province’s decade-old industry.

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UPDATE: Washington LCFS bill tied up in transportation package discussions

Published 19:31 on April 12, 2019  /  Last updated at 23:16 on April 12, 2019  /  Americas, RINs & LCFS, US  /  No Comments

Washington’s proposed low-carbon fuel standard (LCFS) hit a snag this week as state legislators failed to advance the bill out of a Senate committee, but lawmakers are exploring other avenues to move the programme forward.

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US Carbon Pricing Roundup for week ending Apr. 12, 2019

Published 18:05 on April 12, 2019  /  Last updated at 23:13 on April 12, 2019  /  Americas, Carbon Taxes, US  /  No Comments

A summary of legislative and regulatory action on carbon pricing and clean energy at the US state level taken this week, including Washington state’s 100% clean electricity bill, Hawaiian carbon tax proposals, New Hampshire legislation to codify the post-2020 RGGI Model Rule, the Maine Public Utilities Commission’s decision on a hydroelectric transmission line, and a Maryland Renewable Portfolio Standard (RPS) proposal.

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Miner Rio Tinto puts industry associations on climate notice

Published 09:26 on April 12, 2019  /  Last updated at 23:20 on April 12, 2019  /  Americas, Asia Pacific, Australia, EMEA  /  No Comments

Mining major Rio Tinto has threatened to end its membership in any industry organisations that lobby against or try to undermine the goals of the Paris Agreement.

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Environmental groups stepping up for crucial Canadian carbon tax lawsuit

Published 23:13 on April 11, 2019  /  Last updated at 23:13 on April 11, 2019  /  Americas, Canada, Carbon Taxes  /  No Comments

Green groups are again preparing numerous arguments to support the Canadian federal government’s ability to impose its ‘backstop’ CO2 pricing plan on recalcitrant provinces as Ontario’s court challenge starts Monday.

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