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COP24: Divisive Article 6 talks pushed to next COP as nations agree Paris rulebook

Published 04:31 on December 16, 2018  /  Last updated at 00:18 on December 17, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, New Market Mechanisms  /  No Comments

Negotiators in Katowice reached agreement on a Paris rulebook late Saturday night, but Article 6 left a gaping hole as a decision on carbon markets was left for the next major round of negotiations in Chile. Read More
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Offset purchases drop to new record lows in Australia’s latest ERF auction

Published 08:55 on December 17, 2018  /  Last updated at 08:55 on December 17, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator achieved record low volumes in last week’s Emissions Reduction Fund (ERF) auction, the agency said Monday. Read More
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COP24: Article 6 talks face postponement to avoid collapse of Paris rulebook -sources

Published 09:24 on December 15, 2018  /  Last updated at 00:18 on December 17, 2018  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Governments look set to resume talks next year on a framework for international emissions trade under the Paris Agreement’s Article 6, as negotiators seek to postpone the issue rather than risk collapsing the entire Paris rulebook, numerous sources close to the process told Carbon Pulse on Saturday. Read More
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COP24: Roundup for Dec. 14, 2018

Published 22:58 on December 14, 2018  /  Last updated at 23:14 on December 14, 2018  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, South & Central  /  No Comments

Numerous delays from ongoing Paris rulebook negotiations have pushed the culmination of the UN climate summit past its scheduled conclusion on Friday, with talks slated to go at least through Saturday morning. Read More
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UPDATE - COP24: Negotiators risk Paris Agreement integrity in effort to clinch Article 6 market deal

Published 14:58 on December 14, 2018  /  Last updated at 22:27 on December 14, 2018  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

A new global carbon market mechanism under the Paris Agreement’s Article 6 risks undermining the landmark climate treaty if negotiators fail to remove a provision in the draft text, observers said Friday. Read More
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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. Read More
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EU Market: Pre-supply drought rally continues as EUAs top €23 for 15% weekly gain

Published 18:05 on December 14, 2018  /  Last updated at 19:48 on December 14, 2018  /  EMEA, EU ETS  /  No Comments

European carbon prices extended this week’s rally on Friday, hitting a three-month high near €24 amid lighter volume and drying up supply. Read More
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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. Read More
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CN Markets: Pilot market data for week ending Dec. 14, 2018

Published 10:05 on December 14, 2018  /  Last updated at 10:05 on December 14, 2018  /  China, China's Pilot Markets  /  No Comments

Closing prices, ranges and volumes for China's regional pilot carbon markets this week. Read More
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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. Read More

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