New Zealand in search of partners as nation prepares to splurge on carbon credits
New Zealand could meet as much as 80% of its Paris Agreement obligations through the international carbon market, and Climate Change Minister Paula Bennett is at UN talks in Marrakech to line up nations with which to link or trade, according to a government document.
Read MoreOntario says on track to join WCI in first half of 2018
Ontario is on track to link its cap-and-trade scheme with the WCI programme in early 2018, the province’s environment minister told Carbon Pulse.
Read MoreEXCLUSIVE: Switzerland, Canadian provinces in high-level carbon market linking talks
Switzerland, Quebec and Ontario have opened high-level talks over linking their carbon markets, several well-placed sources told Carbon Pulse, in what could develop into a bridge between North America and Europe’s emissions trading schemes.
Read MoreOntario releases draft carbon offset rules
The Ontario government on Tuesday released draft regulations for carbon offsets that would allow projects going back as far as 2007 to generate carbon credits for use in its cap-and-trade programme.
Read MoreAlberta environment minister sees carbon tax increases from 2021 to align with federal rules
Alberta expects to raise its provincial carbon tax rate from 2021 in order to align with the federal government’s nationwide carbon price targets, the province’s environment ministry told Carbon Pulse.
Read MoreCanada to stick to carbon pricing plan despite Trump win, Trudeau says
Donald Trump’s election win will not impact Canada’s plans to implement a nationwide price on carbon emissions, Prime Minister Justin Trudeau said.
Read MoreLarge awards to new projects lift California offset issuances above 50 million
A spate of sizeable awards to newly-registered projects has pushed the total number of carbon offsets issued by California’s ARB above the 50 million mark, data released Wednesday showed.
Read MoreOntario proposes adjustments to cap-and-trade scheme
Ontario has released draft amendments to its cap-and-trade programme that would limit market participation to Canada-registered companies and increase transparency on business relationships.
Read MoreCanada’s Yukon elects pro-carbon pricing premier
A pro-carbon pricing Liberal candidate was elected premier of Canada’s Yukon territory on Monday, ousting former leader Darrell Pasloski, who was a vocal opponent of the federal government’s carbon price plan.
Read MoreECOSYSTEM MARKETPLACE: The ripple effect of California cap-and-trade
The Climate Trust is one of the oldest carbon market actors in the country, and has been working in this space for almost two decades. The land-based project types that we finance today can take several years to establish and begin delivering credits. Because of this lengthy commitment for project partners, one of the most frequently asked questions by our counterparties is, what will the carbon market look like in ten years? Of course, the honest answer is that we don’t know. We do however have a very bullish outlook on carbon.
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