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California cap-and-trade extension bill hanging in the balance as obstacles mount

Published 23:30 on July 16, 2017  /  Last updated at 06:14 on July 18, 2017  /  Americas, Canada, US  /  No Comments

A bill to re-authorize California’s cap-and-trade programme beyond 2020 is hanging in the balance, with absent Democrats and obstinate Republicans putting current efforts in peril.

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CDM board alters fee system to address growing number of unclaimed CERs

Published 16:44 on July 14, 2017  /  Last updated at 16:44 on July 14, 2017  /  Africa, Americas, Asia Pacific, Aviation, Carbon Taxes, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, South Korea, Voluntary Market  /  No Comments

The CDM’s Executive Board this week took steps to curb the increasing number of CERs that are sitting in UNFCCC ‘pending accounts’ awaiting payment of required issuance fees by their owners.

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Voluntary carbon market data from CTX for July 14, 2017

Published 10:09 on July 14, 2017  /  Last updated at 10:09 on July 14, 2017  /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Mexico, Middle East, New Zealand, Other APAC, South & Central, US, Voluntary Market  /  No Comments

A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by CTX.

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California’s cap-and-trade extension bill advances as Brown warns of repercussions from failure

Published 23:44 on July 13, 2017  /  Last updated at 09:54 on July 14, 2017  /  Americas, Canada, US  /  No Comments

A bill to extend California’s cap-and-trade programme beyond 2020 has advanced, passing out of the Senate Environmental Quality (EQ) Committee in a vote down party lines.

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NA Markets: California prices surge on post-2020 market extension proposal

Published 23:08 on July 13, 2017  /  Last updated at 23:12 on July 13, 2017  /  Americas, Canada, US  /  No Comments

California carbon prices advanced strongly on a political agreement to reauthorize the state’s market beyond 2020, while RGGI prices jumped amid strong buying activity early in the week.

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VCS teams up with Standards Council of Canada on new offset verifier accreditation scheme

Published 22:46 on July 13, 2017  /  Last updated at 22:46 on July 13, 2017  /  Americas, Canada, International, Kyoto Mechanisms, US, Voluntary Market  /  No Comments

Verified Carbon Standard (VCS) and the Standards Council of Canada have teamed up to provide a new accreditation programme for validation/verification bodies (VVBs).

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California awards 206k in offsets as Quebec makes rare issuance

Published 21:49 on July 12, 2017  /  Last updated at 00:26 on July 13, 2017  /  Americas, Canada, US  /  No Comments

California’s Air Resources Board has issued 205,725 offset credits to four projects, while a facility in Quebec received just over 2,000 credits.

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In effort to bypass Trump, US non-state actors pledge to collate GHG cuts

Published 21:34 on July 12, 2017  /  Last updated at 00:22 on July 13, 2017  /  Americas, Climate Talks, International, US, Voluntary Market  /  No Comments

A raft of US non-state actors have pledged to compile and quantify their emission reduction pledges as a way of bypassing President Donald Trump’s decision to withdraw from the Paris Agreement.

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UK-listed Hydrodec Group agrees CO2 offset marketing deal with US brokers

Published 15:58 on July 12, 2017  /  Last updated at 15:58 on July 12, 2017  /  Americas, EMEA, US, Voluntary Market  /  No Comments

UK-listed industrial oil re-refining firm Hydrodec Group has signed a carbon offset project development and monetisation agreement between its North American arm and a San Francisco-headquartered brokerage.

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New York state capital signs carbon credit deal

Published 11:55 on July 12, 2017  /  Last updated at 06:21 on July 13, 2017  /  Americas, US, Voluntary Market  /  No Comments

The capital of New York state has inked a deal to earn carbon credits through the protection of its local forests.

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