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California considers greater CO2 sequestration goal for rural sector

Published 22:49 on May 18, 2018  /  Last updated at 23:59 on May 18, 2018  /  Americas, US  /  No Comments

Several Californian agencies are discussing raising the emission reduction target for natural and working lands (NWLs) in the state in order to meet overall 2030 GHG targets, they said at a workshop on Friday.

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New York committee defeats senator’s carbon tax proposal

Published 17:30 on May 18, 2018  /  Last updated at 23:07 on May 18, 2018  /  Americas, Carbon Taxes, US  /  No Comments

The Senate version of a bill that would implement a carbon tax and rebate programme in New York state was defeated in a legislative committee this week, the second such carbon pricing initiative to fall on the US east coast this week.

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NA Markets: Activity picks up as prices dip on both coasts

Published 22:55 on May 17, 2018  /  Last updated at 23:14 on May 17, 2018  /  Americas, Canada, US  /  No Comments

North American carbon markets jumped into life late this week as the WCI programme prepared for its second quarterly auction result, while RGGI traders began to plan for the northeast US market’s second sale of the year.

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Rhode Island carbon tax bills die after House version held

Published 16:54 on May 17, 2018  /  Last updated at 16:54 on May 17, 2018  /  Americas, Carbon Taxes, US  /  No Comments

A Rhode Island bill that would have implemented a state-wide carbon tax was halted by a House committee this week, meeting an identical fate to both the Senate version and similar legislation floated last year.

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ICIS lead North America carbon analyst leaving company

Published 15:45 on May 17, 2018  /  Last updated at 15:45 on May 17, 2018  /  Americas, Bavardage, Canada, US  /  No Comments

News and analytics firm ICIS is losing its lead North American carbon markets analyst, Carbon Pulse has learned.

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Utah legal challenge over California cap-and-trade temporarily suspended

Published 23:17 on May 16, 2018  /  Last updated at 23:23 on May 16, 2018  /  Americas, US  /  No Comments

Utah’s state-sponsored lawsuit challenging California’s carbon market and coal power restrictions will advance until the new fiscal year, the lawmaker spearheading the initiative told Carbon Pulse.

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Washington DC to formally propose carbon tax legislation next month

Published 18:47 on May 16, 2018  /  Last updated at 18:47 on May 16, 2018  /  Americas, Carbon Taxes, US  /  No Comments

A Washington DC lawmaker will introduce a carbon fee and rebate bill in early June that would see the US capital implement the highest carbon price of all sub-national proposals put forth throughout the country this year.

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New York proposes new CO2 standards for older coal plants

Published 18:26 on May 16, 2018  /  Last updated at 18:33 on May 16, 2018  /  Americas, US  /  No Comments

The New York Department of Environmental Conservation (DEC) published new draft rules on Tuesday that would set CO2 standards for the few remaining coal plants in the state’s fleet, helping the state phase out the fossil fuel entirely by 2020.

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Analysts predict undersubscribed WCI auction while revising down price forecasts

Published 21:00 on May 15, 2018  /  Last updated at 21:21 on May 15, 2018  /  Americas, Canada, US  /  No Comments

Market participants should expect an under-subscribed WCI auction this quarter along with more modest price increases in the medium-to-long term, according to analysts.

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IBM, Veridium unveil blockchain-based offset trading platform, with initial focus on REDD

Published 16:15 on May 15, 2018  /  Last updated at 13:35 on May 17, 2018  /  Africa, Americas, Asia Pacific, Canada, China, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

IBM and Veridium Labs have teamed up to launch a blockchain-based platform to transform carbon offsets into digital tokens for trade on a decentralised exchange, the companies announced on Tuesday.

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