California’s ARB approves cap-and-trade amendments for post-2020 reforms
California regulator ARB approved a suite of amendments on Thursday that will alter several price and offset-related elements of the programme, and also included language to ease concerns about oversupply, cost containment, and indirect emissions.
Read MoreNA Markets: RGGI activity rises after auction as California prices edge up
RGGI allowances (RGAs) saw mixed price reactions and increased activity following the Dec. 5 auction result, while California Carbon Allowances (CCAs) rose slightly over the past week on thin volume.
Read MoreLarge CCO-3 issuances continue as California mints 366k credits
California reduced the invalidation period on 11.1 million existing credits, marking the second straight issuance with huge CCO-3 issuances, regulatory data shows.
Read MoreCalifornia officials anticipate carbon market amendment package to pass, sources say
California regulator ARB is expected to approve the cap-and-trade amendments up for discussion at Thursday’s board meeting, with little chance of changing its position on the major elements of the proposal, sources said.
Read MoreCalifornia power emissions continue rising as natural gas increases
California power utilities are poised to emit more CO2 in 2018 as hydroelectric power continues to decline and natural gas-fired generation rises, according to state and federal data.
Read MoreCOP24: California, Quebec continuing ETS linkage discussions with New Zealand
California and Quebec are continuing talks with New Zealand about potential linkage opportunities after spending more than a year discussing each other’s carbon schemes, according to an ARB official and documents.
Read MoreCOP24: Canada must double NDC, curb oil output to meet 1.5C target -report
The Canadian federal government will need to double its Paris emission pledge to keep global temperatures below 1.5C and curb its fast rising oil and gas emissions, a report said on Monday.
Read MoreNA Markets: WCI, RGA prices dip despite increased activity on secondary market
RGGI allowance (RGA) prices declined by double-digits ahead of the final 2018 auction and amid increased activity, while California Carbon Allowance (CCA) prices dipped as entities looked to shift positions across the curve.
Read MoreCanada’s BC unveils long-term climate strategy aimed at electrification, higher LCFS
British Columbia’s government outlined a long-term climate strategy Wednesday aimed at electrifying its transportation sector, increasing its energy efficiency from buildings, and reducing emissions from its industrial sector.
Read MoreCalifornia utilities push for delay to EIM rules in cap-and-trade amendments
California utilities are asking state regulator ARB to withdraw its proposal to regulate indirect emissions from the Energy Imbalance Market (EIM) and continue its existing policy through 2019, according to public comments.
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