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Former US Fed chiefs, economists endorse conservative carbon tax strategy

Published 16:35 on January 17, 2019  /  Last updated at 21:02 on January 17, 2019  /  Americas, Carbon Taxes, US  /  No Comments

A group of former heads of the US Federal Reserve, Nobel Prize-winning economists, and past presidential advisors called for a revenue-neutral US carbon tax on Thursday, coming as the appetite for climate action in Washington DC builds in the new Congress.

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A global carbon tax may be more feasible than previously thought -survey

Published 09:13 on January 17, 2019  /  Last updated at 16:44 on January 17, 2019  /  Americas, Asia Pacific, Carbon Taxes, EMEA, International  /  No Comments

The general public in both rich and poor countries shows a consistently high level of support for a carefully designed global carbon tax, a survey found.

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Montana legislators float two carbon tax bills

Published 19:04 on January 16, 2019  /  Last updated at 21:38 on January 16, 2019  /  Americas, Carbon Taxes, US  /  No Comments

Two Montana state representatives have introduced separate CO2 tax proposals, with one bill utilising offsets as a compliance option and the other setting GHG targets for the US state.

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Massachusetts state senator renewing push for carbon pricing, LCFS

Published 21:43 on January 15, 2019  /  Last updated at 21:43 on January 15, 2019  /  Americas, Carbon Taxes, RINs & LCFS, US  /  No Comments

A Massachusetts state senator will once again pursue legislation to implement an economy-wide carbon pricing scheme and a low-carbon fuel standard (LCFS) amid increasing support from the executive branch and regional partners to install market-based systems to reduce emissions.

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Offset project developer ALLCOT hires in Colombia as director leaves for ministry

Published 16:24 on January 15, 2019  /  Last updated at 16:24 on January 15, 2019  /  Americas, Bavardage, Carbon Taxes, South & Central  /  No Comments

Carbon trading and project development firm ALLCOT has hired a new boss for its Colombian operations as the existing director departs for a high-level ministry role.

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Governments urged to come clean on carbon pricing as cash rolls in

Published 04:00 on January 15, 2019  /  Last updated at 23:50 on January 14, 2019  /  Americas, Asia Pacific, Carbon Taxes, EMEA, International  /  No Comments

Citizens are urging governments to more clearly communicate how they are both imposing carbon pricing and spending the resulting revenues, as rising emissions costs begin to test public resolve.

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Washington state court to hear appeal of blocked Clean Air Rule in March

Published 22:59 on January 2, 2019  /  Last updated at 14:29 on January 3, 2019  /  Americas, Canada, Carbon Taxes, US, Voluntary Market  /  No Comments

The Washington Department of Ecology (ECY) will ask the state Supreme Court this spring to overturn a lower court’s block of Governor Jay Inslee’s (D) market-based regulation for large emitters, potentially offering the state a fresh chance to put a price on carbon after multiple failed attempts in recent years.

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Supply of Colombian tax-eligible carbon credits quickly being exhausted

Published 01:06 on December 22, 2018  /  Last updated at 02:06 on December 22, 2018  /  Americas, Carbon Taxes, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Emitters have surrendered more than 55% of all Colombian offsets issued to date against the country’s carbon tax, data compiled by Carbon Pulse shows, suggesting the market for the units is being squeezed as demand drastically outpaces supply.

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Canada further relaxes OBPS benchmarks, announces clean fuel standard target

Published 21:25 on December 20, 2018  /  Last updated at 15:36 on January 9, 2019  /  Americas, Canada, Carbon Taxes, RINs & LCFS  /  No Comments

The Canadian government will further relax the stringency of industry production benchmarks for certain sectors under its output-based pricing system (OBPS), the government announced Thursday, as it also revealed more information on the national clean fuel standard (CFS) beginning next decade.

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CORRECTION – US senators introduce bipartisan $15/tonne carbon tax bill

Published 00:20 on December 20, 2018  /  Last updated at 13:58 on December 20, 2018  /  Americas, Carbon Taxes, US  /  No Comments

Two US senators introduced bipartisan legislation on Wednesday that would implement a carbon fee-and-dividend programme, mirroring a bill introduced by lawmakers in the House in November.

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