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No benefit in ditching NZ ETS for carbon tax, MPs told

Published 10:40 on September 19, 2017  /  Last updated at 10:40 on September 19, 2017  /  Asia Pacific, Carbon Taxes, New Zealand  /  No Comments

Scrapping the New Zealand emissions trading scheme in favour of a carbon tax would still leave the nation’s GHG reduction achievements dependant on political will, while possibly delaying those cuts and damaging government credibility, a group of MPs have been told.

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France to raise domestic carbon tax by 46% next year

Published 16:13 on September 18, 2017  /  Last updated at 16:13 on September 18, 2017  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

France will raise its domestic carbon tax by 46% in 2018, Environment Minister Nicolas Hulot announced, as he set out more measures under the country’s new five-year climate plan.

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ENERGY AND MINES: How is carbon shaping energy for mines?

Published 20:23 on September 12, 2017  /  Last updated at 20:23 on September 12, 2017  /  Americas, Asia Pacific, Canada, Carbon Taxes, China, Conversations, EMEA, International, US, Views  /  No Comments

With insights from mining leaders at Fortescue Metals Group, Gold Fields, Teck Resources, and Avalon Advanced Materials, this article looks at how carbon is driving new energy choices for the global mining sector.

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Italian lawmakers urge EU to introduce carbon border adjustment to protect industry

Published 16:30 on September 4, 2017  /  Last updated at 20:19 on September 4, 2017  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

Italian lawmakers have called on the government to press the EU to introduce a carbon border adjustment to supplement the bloc’s ETS and help level the international playing field for industry.

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Manitoba eyeing flat C$25/tonne carbon tax -media

Published 13:31 on September 4, 2017  /  Last updated at 20:19 on September 4, 2017  /  Americas, Canada, Carbon Taxes  /  No Comments

Manitoba is considering introducing a flat C$25/tonne carbon tax through 2022, local media reported, a rate that would fall short of the Canadian federal government’s mandated minimum.

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Carbon prices need 20-fold increase to align with Paris goals -fund manager

Published 12:03 on September 4, 2017  /  Last updated at 21:11 on September 4, 2017  /  Americas, Asia Pacific, Carbon Taxes, Climate Talks, EMEA, International, US, Voluntary Market  /  No Comments

Global carbon prices will have to increase from below $5 a tonne on average currently to well over $100 to incentivise decarbonisation on the scale needed to meet the 2C goal of the 2015 Paris Agreement, according to London-based fund managers Schroders.

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ECOSYSTEM MARKETPLACE: Leading scientists, lawyers challenge Trump on Social Cost of Carbon

Published 14:55 on August 18, 2017  /  Last updated at 14:55 on August 18, 2017  /  Americas, Carbon Taxes, US, Views, Voluntary Market  /  No Comments

Despite the Trump administration’s decision to withdraw the official estimate of the Social Cost of Carbon and disband the interagency working group that developed it, a group of prominent economists and lawyers have highlighted the metric’s continued validity for policymaking.

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Stakeholders lay out alternatives to Alberta’s ‘market crippling’ carbon credit limits

Published 23:29 on August 10, 2017  /  Last updated at 17:27 on August 14, 2017  /  Americas, Canada, Carbon Taxes, US  /  No Comments

Stakeholders on Thursday outlined several creative alternatives to Alberta’s proposed carbon credit usage limits, restrictions they warn will erode clean investment and cause the Canadian province’s CO2 market to “collapse”.

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ALLCOT’s Voluntary Carbon Market Report – July 2017

Published 12:12 on July 17, 2017  /  Last updated at 11:00 on July 18, 2017  /  Africa, Americas, Asia Pacific, Carbon Taxes, EMEA, International, Kyoto Mechanisms, Mexico, South & Central, Voluntary Market  /  No Comments

Activity in the voluntary offset market has calmed in the last month and prices have stagnated slightly. With western corporates heading into the summer holiday season, activity is expected to remain lacklustre for the next six weeks.

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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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