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UPDATE – COP24: Chile to host next UN climate summit in Jan. 2020 after Brazil withdrawal

Published 19:43 on December 14, 2018  /  Last updated at 15:13 on December 16, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

Chile has been named as the location of the next UN climate summit after Brazil withdrew its offer to host.

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Oregon debating set-aside carbon allowance account for poor hydro years

Published 19:40 on December 14, 2018  /  Last updated at 19:40 on December 14, 2018  /  Americas, US  /  No Comments

Oregon’s cap-and-trade programme may include a set-aside account that would help utilities during poor hydroelectric generation years.

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California’s ARB approves cap-and-trade amendments for post-2020 reforms

Published 00:40 on December 14, 2018  /  Last updated at 01:37 on December 14, 2018  /  Americas, Canada, US  /  No Comments

California regulator ARB approved a suite of amendments on Thursday that will alter several price and offset-related elements of the programme, and also included language to ease concerns about oversupply, cost containment, and indirect emissions.

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NA Markets: RGGI activity rises after auction as California prices edge up

Published 16:16 on December 13, 2018  /  Last updated at 21:45 on December 13, 2018  /  Americas, Canada, US  /  No Comments

RGGI allowances (RGAs) saw mixed price reactions and increased activity following the Dec. 5 auction result, while California Carbon Allowances (CCAs) rose slightly over the past week on thin volume.

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Large CCO-3 issuances continue as California mints 366k credits

Published 21:00 on December 12, 2018  /  Last updated at 01:38 on December 13, 2018  /  Americas, Canada, US  /  No Comments

California reduced the invalidation period on 11.1 million existing credits, marking the second straight issuance with huge CCO-3 issuances, regulatory data shows.

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California officials anticipate carbon market amendment package to pass, sources say

Published 18:37 on December 12, 2018  /  Last updated at 01:45 on December 13, 2018  /  Americas, Canada, US  /  No Comments

California regulator ARB is expected to approve the cap-and-trade amendments up for discussion at Thursday’s board meeting, with little chance of changing its position on the major elements of the proposal, sources said.

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California power emissions continue rising as natural gas increases

Published 15:34 on December 12, 2018  /  Last updated at 01:55 on December 13, 2018  /  Americas, Canada, US  /  No Comments

California power utilities are poised to emit more CO2 in 2018 as hydroelectric power continues to decline and natural gas-fired generation rises, according to state and federal data.

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Two more RGGI states finalise post-2020 rules

Published 20:17 on December 11, 2018  /  Last updated at 01:44 on December 12, 2018  /  Americas, US  /  No Comments

Delaware and Rhode Island have finalised regulations that would adopt RGGI’s post-2020 changes, which will go into effect this month, documents show.

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COP24: California, Quebec continuing ETS linkage discussions with New Zealand

Published 18:15 on December 11, 2018  /  Last updated at 02:21 on December 12, 2018  /  Americas, Asia Pacific, Canada, New Zealand, US  /  No Comments

California and Quebec are continuing talks with New Zealand about potential linkage opportunities after spending more than a year discussing each other’s carbon schemes, according to an ARB official and documents.

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LCFS Market: California hits $200 to cap year-long surge

Published 18:04 on December 11, 2018  /  Last updated at 01:57 on December 12, 2018  /  Americas, RINs & LCFS, US  /  No Comments

California Low Carbon Fuel Standard (LCFS) prices traded at a record $200 on Monday, breaking through a barrier that had proved elusive even as values skyrocketed throughout 2018, market participants said.

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