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Mexican ETS simulation wraps up as market “shocks” lower compliance in final round

Published 19:13 on August 24, 2018  /  Last updated at 19:32 on August 24, 2018  /  Americas, Canada, Mexico, US  /  No Comments

Compliance in the final round of Mexico’s cap-and-trade simulation dropped as unexpected “shocks” were introduced into the market, according to the final results published this week from the months-long exercise to prepare emitters for the country’s real carbon market.

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Colombia’s ETS planning to take at least 3 years -official

Published 17:46 on July 5, 2018  /  Last updated at 18:44 on July 5, 2018  /  Americas, Mexico, South & Central  /  No Comments

Colombia will spend at least three years studying ways to impose an ETS in the country, a government official told Carbon Pulse on Thursday, dimming prospects of a rapid launch of emissions trading following lawmaker clearance last week.

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ICAO adopts CORSIA aviation offset rulebook, postpones key decisions as China looks to back out

Published 00:37 on June 28, 2018  /  Last updated at 23:38 on December 4, 2018  /  Africa, Americas, Asia Pacific, Aviation, Canada, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, Switzerland, US, Voluntary Market  /  No Comments

The UN’s aviation agency ICAO adopted its CORSIA rulebook on Wednesday, snubbing several governments’ calls for changes while giving airlines few additional signals on what offsets they can use to comply.

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Japan picks 17 JCM projects for annual funding

Published 11:05 on June 26, 2018  /  Last updated at 11:06 on June 26, 2018  /  Americas, Asia Pacific, International, Japan, Mexico, New Market Mechanisms, Other APAC  /  No Comments

Japan has awarded small grants to 17 projects that aim to cut greenhouse gas emissions and generate carbon credits under its Joint Crediting Mechanism (JCM).

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Germany, World Bank gear up for €20m N2O offset auction

Published 17:49 on June 5, 2018  /  Last updated at 10:46 on June 6, 2018  /  Africa, Americas, Asia Pacific, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, South & Central, Switzerland, US, Voluntary Market  /  No Comments

The World Bank will host at least one more reverse auction to buy €20 million ($23.4 mln) in carbon credits from N2O abatement projects as part of a German programme to encourage host developing countries to eventually regulate those emissions.

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Future of global carbon markets rests on China success -survey

Published 10:00 on May 22, 2018  /  Last updated at 09:03 on May 22, 2018  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, US, Voluntary Market  /  No Comments

The future of emissions trading globally rests on whether China’s carbon market is deemed a success by the international community.

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By the numbers: Kyoto offset use in the EU ETS since 2014

Published 17:58 on May 11, 2018  /  Last updated at 11:05 on May 14, 2018  /  China, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, South & Central  /  No Comments

Fossil fuel-based projects in developing and eastern European countries have been the largest individual beneficiaries from selling offsets to emitters in the EU ETS since 2014, while more than 75% of the credits came from just two countries.

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Mexican senate approves bill to bolster emissions trading plans

Published 23:14 on April 26, 2018  /  Last updated at 23:30 on April 26, 2018  /  Americas, International, Mexico  /  No Comments

Mexico’s Senate passed a bill late Wednesday that gives a clearer mandate to the country’s planned carbon market and to align national emission reduction goals with Paris Agreement targets.

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CP Daily: North American Conference Special

Published 22:54 on April 23, 2018  /  Last updated at 19:17 on April 25, 2018  /  Americas, Canada, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, Newsletter, South & Central, US, Voluntary Market  /  No Comments

Carbon Pulse covered three North American carbon market conferences in the US and Canada over the past month. Here’s a summary of the articles we filed from these events.

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Mexican carbon tax to operate alongside market, though stakeholders say offset rules must change

Published 04:47 on April 7, 2018  /  Last updated at 00:00 on July 26, 2018  /  Americas, Carbon Taxes, International, Kyoto Mechanisms, Mexico, US, Voluntary Market  /  No Comments

Mexico plans on keeping its domestic carbon tax and applying it to smaller emitters when it launches its national cap-and-trade scheme, a senior official said this week.

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