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US threatens retaliation against EU over carbon border measures -FT
The US has said it would “react” with possible retaliatory measures against the EU if it opts to impose carbon border adjustments, the Financial Times reported, quoting US commerce secretary Wilbur Ross. Read MoreTop
Japan picks projects in seven countries for carbon funding
Japan’s environment ministry has picked 10 projects across seven countries for funding under the Joint Crediting Mechanism (JCM), expecting the investment to result in 14 million carbon credits by 2030. Read MoreTop
RGGI programme review may be influenced by expansion, TCI development
RGGI’s upcoming programme review could be delayed as member states discuss the potential expansion of the power sector ETS and regulators also craft a new cap-and-trade scheme to cover fuel sector emissions across the region, regulatory sources said. Read MoreTop
US Carbon Pricing Roundup for week ending Jan. 24, 2020
A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level taken this week, including developments in Massachusetts, New Hampshire, Rhode Island, California, and Arizona. Read MoreTop
Switzerland sets dates for first EU-linked CO2 auction, warns on low price trend
Switzerland has announced dates for its first carbon allowance auction since linking to the EU ETS, but it warned that the sale could be cancelled if the current trend of excessively low clearing prices continues. Read MoreTop
EU Market: EUAs fade after weak auction for 4.2% weekly loss
EUA prices were poised to end Friday more than a euro below last week's close, as a weak auction stifled prospects of a recovery while traders remain preoccupied with when the UK will finally be able to sell its backdated units. Read MoreTop
Australia sees bump in offset issuance, revokes another ERF project
Australia’s Clean Energy Regulator this week handed out over 400,000 carbon credits, but also revoked a project under contract to deliver almost 350,000 tCO2e worth of abatement, further eroding the impact of the country’s primary climate policy tool. Read MoreTop
CN Markets: Pilot market data for week ending Jan. 24, 2020
Closing prices, ranges and volumes for China's regional pilot carbon markets this week. Read MoreTop
World Bank REDD programme adopts changes to align with CORSIA
The World Bank’s Forest Carbon Partnership Facility (FCPF) has made revisions to its deforestation reduction programme methodology in response to comments from an UN aviation expert panel, with an aim of becoming eligible for the international flight offset programme CORSIA. Read MoreTop
