Latest

Canadian emitters to face 12 Mt shortfall under OBPS in 2019 -analysts

Published 00:07 on November 20, 2018  /  Last updated at 10:28 on November 20, 2018  /  Americas, Canada, Carbon Taxes  /  No Comments

Large Canadian emitters to be regulated by the federal government’s output-based pricing standard (OBPS) from 2019 will face a compliance unit deficit of nearly 12 million tonnes during the market’s inaugural year, according to a new report released Monday.

Read More
Latest

Mexico sees benefits of carbon programme, though companies spot issues

Published 20:52 on November 12, 2018  /  Last updated at 22:28 on November 12, 2018  /  Americas, Canada, Carbon Taxes, Mexico, South & Central, US  /  No Comments

Mexico has released additional analysis for its draft three-year pilot cap-and-trade programme showing the benefits far outweigh costs, though state-owned oil firm Pemex voiced opposition.

Read More
Latest

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.

Read More
Latest

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.

Read More
Latest

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.

Read More
Latest

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.

Read More
Latest

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.

Read More
Latest

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.

Read More
Latest

Ontario replacement climate plan coming in November -minister

Published 20:17 on October 29, 2018  /  Last updated at 23:47 on November 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.

Read More
Latest

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.

Read More

We use cookies to improve your website experience and to analyse our traffic. We also share non-personally identifiable information about your use of our site with our analytics partners. By continuing to use our site, you agree to this. More information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close