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Colombian CER cancellations surge after new offset restrictions imposed

Published 00:47 on April 5, 2018  /  Last updated at 01:34 on April 5, 2018  /  Americas, Carbon Taxes, International, Kyoto Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

The number of Colombian CERs voluntarily cancelled by emitters against the country’s carbon tax has surged over the past three months, following the introduction of new offset usage restrictions in January.

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Slowdown in US energy emission cut incompatible with Paris goal -report

Published 19:41 on April 2, 2018  /  Last updated at 03:28 on April 4, 2018  /  Americas, International, US  /  No Comments

The decline of US energy-related CO2 emissions slowed in 2017 due to a rise in output from the transportation and industrial sectors, a pace at which the country will fall short of its Paris target, according to analysis from researchers Rhodium Group.

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Carbon Tracker hires veteran carbon analyst to lead foray into emissions markets, pricing

Published 00:01 on April 2, 2018  /  Last updated at 19:01 on March 29, 2018  /  Bavardage, Carbon Taxes, EMEA, EU ETS, International, New Market Mechanisms  /  No Comments

The Carbon Tracker Initiative has hired a veteran carbon analyst as managing director and head of research, as the UK-based think-tank moves into the emissions trading and CO2 pricing space.

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Canada’s current climate policies will yield Paris shortfall 4 times larger than govt estimates -report

Published 17:30 on March 27, 2018  /  Last updated at 17:30 on March 27, 2018  /  Americas, Canada, Carbon Taxes, Climate Talks, International, US  /  No Comments

Canada’s shortfall towards meeting its Paris Agreement emission reduction targets will be almost four times larger than government estimates, according to an analysis released Tuesday, which forecasts that Ottawa’s existing climate measures will ‘cost money and human lives’.

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Climate Trust delays launch of US offset guarantee facility

Published 23:51 on March 26, 2018  /  Last updated at 23:51 on March 26, 2018  /  Americas, Canada, International, New Market Mechanisms, US, Voluntary Market  /  No Comments

US non-profit The Climate Trust has delayed the launch of its facility to offer guarantees to US offset project developers while it searches for someone to lead the initiative.

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California’s ARB adopts more ambitious HFC regulations to withstand court ruling

Published 21:02 on March 26, 2018  /  Last updated at 21:30 on March 26, 2018  /  Americas, International, US  /  No Comments

California regulator ARB voted on Friday to accept a new regulation to curb potent heat-trapping gases in fulfilling the state’s GHG reduction goals, coming after a 2017 US federal court decision limited the EPA’s authority to regulate these gases.

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Offset restrictions needed to ensure CORSIA integrity, spur new project investment -study

Published 22:28 on March 22, 2018  /  Last updated at 12:34 on March 23, 2018  /  Americas, Asia Pacific, Aviation, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

In the absence of any eligibility restrictions, ICAO’s CORSIA offset scheme may not be able to deliver sufficient emissions reductions in aviation by using CERs, according to a study released Thursday.

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EU leaders ask European Commission to review Paris Agreement commitments

Published 21:12 on March 22, 2018  /  Last updated at 22:25 on March 22, 2018  /  Climate Talks, EMEA, EU ETS, International  /  No Comments

EU leaders on Thursday called upon the European Commission to draft a new EU long-term climate strategy by early next year, setting the stage for an early review of the bloc’s climate goals before many of them have been made law.

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Global coal plant construction falls for 2nd year, though capacity still exceeds emissions goals -report

Published 00:01 on March 22, 2018  /  Last updated at 20:03 on March 21, 2018  /  Americas, China, International, US  /  No Comments

Coal-powered capacity growth continued to drop in 2017 due to increased Chinese regulations and a decline in Indian financial and policy support, though not fast enough to significantly curtail global temperature rise, according to a study released Thursday.

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Global CO2 emissions rise for the first time since 2014, energy demand up 2.1% in 2017 -IEA

Published 23:17 on March 21, 2018  /  Last updated at 23:36 on March 21, 2018  /  Americas, Asia Pacific, EMEA, International  /  No Comments

Global energy-related CO2 emissions increased by 1.4% in 2017 after three years of remaining flat, as strong economic growth stoked energy demand that was mostly met by fossil fuels and as major economies lagged on energy efficiency drives, the International Energy Agency (IEA) said Wednesday.

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