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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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Switzerland to raise national carbon tax by 14% in 2018

Published 14:47 on July 11, 2017  /  Last updated at 15:03 on July 11, 2017  /  Carbon Taxes, EMEA, Switzerland  /  No Comments

Switzerland will raise its domestic carbon tax by 14% next year after its emissions from fossil fuels again missed the country’s annual reduction targets.

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Vietnam ministry to introduce carbon tax proposal, raising questions over existing trading plans

Published 11:11 on July 10, 2017  /  Last updated at 11:11 on July 10, 2017  /  Asia Pacific, Carbon Taxes, Other APAC  /  No Comments

Vietnam’s Ministry of Planning and Investment (MPI), in co-operation with the UNDP, is launching a project to determine how best to apply a tax or fee on the nation’s rapidly increasing carbon emissions, despite other ministries working on developing a carbon trading mechanism for the country.

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Under new climate plan, France to raise domestic CO2 tax above €100/t by 2030

Published 15:08 on July 6, 2017  /  Last updated at 15:35 on July 7, 2017  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

France will raise its domestic carbon tax to levels “higher or significantly higher” than €100/tonne by 2030, environment minister Nicolas Hulot announced on Thursday as he unveiled his government’s new five-year plan to fight climate change.

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ECOSYSTEM MARKETPLACE: They’re back! Global alliance rallies around Republican plan for gradually-rising US carbon tax

Published 16:20 on June 20, 2017  /  Last updated at 20:21 on June 20, 2017  /  Americas, Carbon Taxes, Conversations, International, US, Views  /  No Comments

In February, a group of prominent Republicans aligned with Ted Halstead’s fledgling Climate Leadership Council called for a nationwide carbon tax. Now the Council is back, with a formal charter, a diverse array of founding members, and a full page ad in today’s Wall Street Journal calling for a climate-change solution that “bridges partisan divides, strengthens our economy and protects our shared environment”.

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Colombia to allow emitters to use offsets to cover CO2 tax obligations

Published 18:01 on June 16, 2017  /  Last updated at 13:02 on July 5, 2017  /  Americas, Carbon Taxes, REDD, South & Central, US  /  No Comments

Colombia has approved a measure allowing fuel producers and importers to cover 100% of their carbon tax obligations through purchasing either domestic or international carbon offsets.

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Canada unveils C$2 billion low-carbon fund for carbon pricing provinces

Published 21:48 on June 15, 2017  /  Last updated at 00:28 on June 16, 2017  /  Americas, Canada, Carbon Taxes  /  No Comments

The Canadian federal government on Thursday unveiled a new C$2-billion low-carbon fund, part of its Pan-Canadian climate framework that most provinces and territories signed last year.

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Canada should get rid of climate policies that aren’t cost-effective compared to carbon pricing -report

Published 16:33 on June 9, 2017  /  Last updated at 22:36 on June 9, 2017  /  Americas, Canada, Carbon Taxes  /  No Comments

Canada’s federal and provincial governments should abandon some climate policies that don’t complement their carbon pricing measures, such as rebates for electric cars, because they are expensive for what they accomplish, according to a new report.

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Carbon floor price could form part of new French climate plan as govt hires experts

Published 18:09 on June 8, 2017  /  Last updated at 18:10 on June 8, 2017  /  Carbon Taxes, Climate Talks, EMEA, EU ETS, International  /  No Comments

France will soon announce a list of new climate policy actions, which could include a carbon floor price, as the country seeks to go beyond its international commitments in the wake of US President Trump’s decision last week to ditch the Paris Agreement.

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