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New Hampshire’s top court to hear appeal on international hydro line ruling

Published 23:32 on October 12, 2018  /  Last updated at 23:32 on October 12, 2018  /  Americas, Canada, US  /  No Comments

The New Hampshire Supreme Court said Friday it will hear an appeal from US-based utility Eversource to construct its cross-border Northern Pass hydroelectric line after a state committee denied the project necessary permits earlier this year.

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Oregon gubernatorial candidate confirms cap-and-trade opposition as election approaches

Published 22:44 on October 12, 2018  /  Last updated at 23:20 on October 12, 2018  /  Americas, Canada, US  /  No Comments

Oregon Republican state representative Knute Buehler said this week during a debate that he would oppose legislation to develop a carbon market if elected on Nov. 6 in the state’s tight gubernatorial race, the second major climate policy the candidate has come out against.

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WCI approves Ontario cap-and-trade exit, allowance tracking report

Published 22:33 on October 11, 2018  /  Last updated at 22:33 on October 11, 2018  /  Americas, Canada, US  /  No Comments

The administrator of the California-Quebec carbon market amended its by-laws on Thursday to account for Ontario’s summer departure from the programme, and approved in principle work to help account for cross-border compliance instrument transfers.

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NA Markets: RGGI prices keep on upward trend as CCAs stagnate

Published 22:16 on October 11, 2018  /  Last updated at 22:17 on October 11, 2018  /  Americas, Canada, US  /  No Comments

RGGI allowances continued to find support at higher prices this week due to heightened interest from speculators, while California allowances stagnated on the secondary market.

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California’s 2019 carbon floor price on track to rise to $15.60 as inflation dips

Published 15:27 on October 11, 2018  /  Last updated at 15:27 on October 11, 2018  /  Americas, Canada, US  /  No Comments

The US Bureau of Labor Statistics reported Thursday that year-over-year inflation dipped in September, setting up a potential California carbon market floor price of $15.60 next year.

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Bluesource hires carbon market expert to drive business development

Published 00:06 on October 11, 2018  /  Last updated at 00:06 on October 11, 2018  /  Americas, Asia Pacific, Bavardage, Canada, China, US, Voluntary Market  /  No Comments

Project developer and advisory firm Bluesource has hired a carbon market and renewable energy expert to drive its voluntary offset business.

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California’s ARB increases offset supply by 13% following record issuance

Published 18:24 on October 10, 2018  /  Last updated at 23:32 on October 10, 2018  /  Americas, Canada, US  /  No Comments

The California Air Resources Board (ARB) increased its total offset supply by more than 13% on Wednesday, doling out nearly 15 million credits to the largest single project in programme history and breaking its own record for a single issuance.

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Ontario confirms entities held California offsets when cap-and-trade accounts were frozen

Published 22:07 on October 9, 2018  /  Last updated at 22:07 on October 9, 2018  /  Americas, Canada, US  /  No Comments

California Carbon Offsets (CCOs) were held in Ontario-registered accounts when the government opted to cancel the province’s carbon market and freeze all trading, an Ontario government official confirmed on Tuesday.

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California gubernatorial candidate signals more attention on limiting fossil fuels

Published 19:02 on October 9, 2018  /  Last updated at 22:12 on October 9, 2018  /  Americas, Canada, US  /  No Comments

Climate policy featured as one of the contentious topics during California’s lone gubernatorial debate on Monday, as the leading candidate pledged to use increased measures to curb fossil fuel use in the state if elected next month.

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WCI to solicit report on North America carbon allowance tracking, double counting

Published 20:41 on October 8, 2018  /  Last updated at 21:29 on October 8, 2018  /  Americas, Canada, International, US  /  No Comments

The Western Climate Initiative (WCI) is set to commission a report this week to help it better account for cross-border compliance instrument transfers in the North American carbon market and demonstrate progress toward climate goals, including those outlined in the Paris Agreement.

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