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UPDATE – Canadian federal government to fund Ontario climate programmes in ETS absence

Published 21:42 on November 8, 2018  /  Last updated at 15:04 on November 9, 2018  /  Americas, Canada, Carbon Taxes  /  No Comments

The Canadian government will invest funds in Ontario emissions reduction initiatives after the province this summer scrapped its green programmes associated with its cancelled cap-and-trade programme, federal environment minister Catherine McKenna announced Thursday.

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Study to outline massive potential CO2 mitigation cost savings if countries cooperate

Published 14:34 on November 8, 2018  /  Last updated at 01:19 on November 9, 2018  /  Americas, Asia Pacific, Carbon Taxes, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms  /  No Comments

Governments could save almost $300 billion a year on emission reductions by 2030 if they cooperate rather than work alone, a conference heard this week.

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UPDATE – Voters again reject Washington state carbon tax initiative

Published 04:55 on November 7, 2018  /  Last updated at 13:28 on November 7, 2018  /  Americas, Carbon Taxes, US  /  No Comments

Voters have again rejected a ballot initiative that would have introduced a carbon tax in Washington, marking the latest setback in the Evergreen State’s ongoing attempts to put a price on GHGs.

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FEATURE: Washington state voters take another stab at passing first US carbon tax

Published 19:43 on November 2, 2018  /  Last updated at 22:35 on November 6, 2018  /  Americas, Carbon Taxes, US  /  No Comments

Following numerous unsuccessful attempts to put a price on Washington state’s GHG emissions, a broad coalition of stakeholders is again rallying voters to overcome industry lobbying and make the state the first in the US to introduce a carbon tax.

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UPDATE – Ontario government passes amended cap-and-trade cancellation bill, widening allowance compensation

Published 19:06 on October 31, 2018  /  Last updated at 22:28 on October 31, 2018  /  Americas, Canada, Carbon Taxes, US  /  No Comments

Ontario’s legislature passed an amended bill Wednesday to officially scrap the province’s now-cancelled ETS, potentially allowing more entities to receive permit compensation than the government’s former proposal.

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More than 130 large facilities to face Canadian carbon pricing standard

Published 17:47 on October 31, 2018  /  Last updated at 22:21 on October 31, 2018  /  Americas, Canada, Carbon Taxes  /  No Comments

An estimated 133 facilities across seven Canadian provinces and territories will be regulated under the output-based pricing system (OBPS) of the federal government’s ‘backstop’ carbon pricing plan, according to a document released Wednesday.

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Ontario replacement climate plan coming in November -minister

Published 20:17 on October 29, 2018  /  Last updated at 22:02 on October 29, 2018  /  Americas, Australia, Canada, Carbon Taxes  /  No Comments

The Ontario government’s emissions reduction plan to replace its cancelled cap-and-trade programme is due next month, the province’s environment minister said Monday, with lawmakers considering approaches such as Australia’s reverse auction format.

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UK outlines carbon tax replacement for EU ETS under ‘no deal’ Brexit

Published 18:48 on October 29, 2018  /  Last updated at 18:55 on October 29, 2018  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

The UK plans to replace its participation in the EU ETS with a £16/tonne (€18, $20.50) domestic carbon tax under a ‘no deal’ Brexit scenario, charging it on top of its existing Carbon Price Support emissions levy, the government announced during its autumn budget on Monday.

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South Africa further delays carbon tax to examine higher penalty rate

Published 16:07 on October 25, 2018  /  Last updated at 10:56 on October 26, 2018  /  Africa, Carbon Taxes, EMEA  /  No Comments

South Africa has further delayed the roll-out of its long-awaited carbon tax as it looks to introduce a higher levy to penalise companies that exceed their emissions quotas.

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Newfoundland and Labrador, Nova Scotia unveil updated carbon pricing plans

Published 03:34 on October 24, 2018  /  Last updated at 03:46 on October 24, 2018  /  Americas, Canada, Carbon Taxes  /  No Comments

Newfoundland and Labrador (NL) and Nova Scotia revealed Tuesday their updated plans to comply with the federal government’s carbon pricing mandate, with the NL proposal taking an exemption-filled hybrid pricing system and Nova Scotia shifting the design of its ETS by allowing auctions.

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