UPDATE – COP24: Chile to host next UN climate summit in Jan. 2020 after Brazil withdrawal
Chile has been named as the location of the next UN climate summit after Brazil withdrew its offer to host.
Read MoreCOP24: Mexico ETS launch facing further delays after consultation held -sources
The launch of Mexico’s pilot carbon market will be postponed for at least a few months after a consultation on the programme was withdrawn, a move that could delay the start of the actual market by upwards of a year, sources told Carbon Pulse.
Read MoreCalifornia punts endorsement of Tropical Forest Standard to 2019
California regulator ARB on Friday postponed a decision until next spring on whether to approve the Tropical Forest Standard (TFS) that could allow jurisdictions to link their sector-based offset programmes to the state’s carbon market, with stakeholders warning of the standard’s environmental and social ramifications.
Read MoreMexico sees benefits of carbon programme, though companies spot issues
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 MoreCOMMENT: Paris goals can only be achieved in time with robust bottom-up action
Despite the scientific evidence, there are still nations that are either not convinced of the need to reduce emissions, or are unwilling to do so. But real demand for change is growing at ground level. Consumers around the world are paying greater attention to the environment and the climate, and making changes to their own lifestyles. They are also starting to ask uncomfortable questions of the businesses that supply them.
Read MoreUN opens tender to buy 141k Gold Standard CERs
The UN has launched a tender to buy some 140,800 Gold Standard CERs, including a batch from projects with co-benefits for women.
Read MoreMexico releases details of 3-year pilot cap-and-trade programme
Mexico has released details of its three-year cap-and-trade pilot programme, which will begin in 2019 and feature some of the same mechanisms used by other North American carbon markets.
Read MoreNodal Exchange, IncubEx to launch US environmental markets on Nov. 16
Nodal Exchange and IncubEx will begin offering a suite of North American environmental products, including California Carbon Allowances (CCAs) and RGGI Allowances (RGAs), on Nov. 16 pending regulatory review.
Read MoreMexico announces 2022 start to its emissions trading scheme
Mexico plans to roll out an emissions trading system (ETS) by 2022, one year later than the country’s most recent thinking and after it will complete a three-year pilot programme starting next year, its environment ministry said in a statement.
Read MoreGCAS: California’s Brown pitches broader carbon pricing cooperation, slams Trump US methane policy
California Governor Jerry Brown publicly ridiculed a Trump administration proposal that could ease regulations on methane emissions leaks in the US, while simultaneously calling on the expansion of carbon pricing mechanisms to other areas of the world.
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