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Offset protocols for Quebec and Ontario due to be completed by end of 2017, says CAR boss

Published 00:46 on April 28, 2017  /  Last updated at 03:49 on April 28, 2017  /  Americas, Canada, US, Voluntary Market  /  No Comments

All 13 of the offset protocols being jointly developed for Ontario and Quebec are due to be completed by the end of 2017, according to the president of the Climate Action Reserve, the organisation tasked with authoring them.

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NA Markets: RGGI prices dive to 4-yr low on selling spurt as frustration surfacing over review

Published 22:02 on April 27, 2017  /  Last updated at 01:20 on April 28, 2017  /  Americas, Canada, US  /  No Comments

RGGI prices plunged to a four-year low this week, shedding as much as 17% at one point as determined selling chased the market lower.

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ICE considering offering trade in California offsets, but questions linger

Published 20:08 on April 27, 2017  /  Last updated at 20:08 on April 27, 2017  /  Americas, Canada, US  /  No Comments

Exchange operator ICE is considering launching trade in California Carbon Offsets, but questions remain over exactly what types of credits will be tradable under it.

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California hands out 117k offsets to five livestock projects

Published 08:27 on April 27, 2017  /  Last updated at 08:27 on April 27, 2017  /  Americas, Canada, US  /  No Comments

California regulators handed out 117,000 offsets to five livestock projects this week, the fewest awarded since late January.

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Ontario government spells out path to post-2020 carbon market design

Published 22:22 on April 26, 2017  /  Last updated at 23:41 on April 26, 2017  /  Americas, Canada, US  /  No Comments

Ontario aims to finalise its decision on post-2020 emission caps for its carbon market by the end of this year, a government official confirmed on Wednesday.

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Breaking up is hard to do: Industry, experts warn Ontario Tories over costly and difficult cap-and-trade exit

Published 22:02 on April 26, 2017  /  Last updated at 22:59 on April 26, 2017  /  Americas, Canada, US  /  No Comments

Progressive Conservatives have vowed to dismantle Ontario cap-and-trade scheme and replace it with a carbon tax if elected in next year’s provincial elections, but industry is warning over the related costs and experts say this is easier said than done.

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China suggests US could buy offsets to meet emission goals as Paris concerns grow

Published 17:22 on April 26, 2017  /  Last updated at 22:45 on April 27, 2017  /  Americas, Asia Pacific, Canada, China, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

China has suggested the US could buy foreign carbon credits to help meet a shortfall in the country’s international emission goals, one of the clearest signs yet that patience is wearing thin among the global community about the Trump administration’s lack of commitment to climate action.

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FEATURE – Carbon Climax: Crusade to extend California cap-and-trade coming to a head

Published 06:37 on April 26, 2017  /  Last updated at 23:35 on April 26, 2017  /  Americas, Canada, US  /  No Comments

Anxiety is building over whether California will be able to extend its cap-and-trade scheme beyond 2020, with observers warning that failure could severely dent efforts across North America to use markets to fight climate change.

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Latest

Mexico’s carbon market plans picking up pace, targeting WCI link by 2021

Published 00:13 on April 22, 2017  /  Last updated at 00:21 on April 22, 2017  /  Americas, Aviation, Canada, Carbon Taxes, Mexico, US  /  No Comments

Mexico will launch its pilot carbon market in early 2018, with an aim to kick off its official ETS later that year and to link to other North American schemes by 2021.

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Canada CO2 price plan could present $120 bln opportunity to low-carbon innovators -researchers

Published 15:13 on April 20, 2017  /  Last updated at 05:10 on April 21, 2017  /  Americas, Canada, Carbon Taxes  /  No Comments

Companies developing low-carbon technologies are in line for an opportunity worth up to $120 billion as Canada kicks off a carbon pricing programme aimed at cutting the nation’s greenhouse gas emissions, according to researchers.

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