Oregon Senate Democrats will seek constitutional amendment after ETS bill failure

Published 23:02 on August 23, 2019  /  Last updated at 23:13 on August 23, 2019  /  Americas, Canada, US  /  No Comments

Oregon Senate Democrats will look to amend the constitution next year to prevent Republicans from denying the majority party a quorum to conduct legislative business, a feat that helped sink the US state's WCI-modelled cap-and-trade proposal this summer. Read More

California LCFS stakeholders remain split on details of potential price cap, borrowed credits mechanism

Published 20:36 on August 23, 2019  /  Last updated at 22:10 on August 23, 2019  /  Americas, RINs & LCFS, US  /  No Comments

California regulator ARB’s proposal to implement a firm maximum price and borrowed credits mechanism in the state’s Low Carbon Fuel Standard (LCFS) has generated further suggestions to treat multiple crediting pathways fairly and improve environmental integrity, according to public comments. Read More

EU Market: EUAs slip to 9-week low near €25 as China stokes economy fears

Published 18:20 on August 23, 2019  /  Last updated at 00:12 on August 24, 2019  /  EMEA, EU ETS  /  No Comments

EUAs fell to a nine-week below €25 on Friday amid ongoing technical weakness and renewed economic fears as China struck back against the US on tariffs. Read More

NZ Market: NZUs end week in vogue as they hit 2-mth high

Published 09:33 on August 23, 2019  /  Last updated at 09:33 on August 23, 2019  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances ended the week on a strong note, climbing 1% to hit their highest levels since late June on healthy demand. Read More

Woodside earns biggest share of Australia’s latest offset issuance

Published 09:29 on August 23, 2019  /  Last updated at 09:29 on August 23, 2019  /  Asia Pacific, Australia  /  No Comments

Oil and gas firm Woodside Burrup was the biggest recipient of new Australian carbon offsets this week, earning A$1.1 million worth of credits for a tree-planting project. Read More

CN Markets: Pilot market data for week ending Aug. 23, 2019

Published 11:36 on August 23, 2019  /  Last updated at 11:36 on August 23, 2019  /  China, China's Pilot Markets  /  No Comments

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

Connecticut facing further delays to enshrine RGGI Model Rule changes

Published 22:50 on August 22, 2019  /  Last updated at 22:50 on August 22, 2019  /  Americas, US  /  No Comments

Connecticut’s revised RGGI regulation to implement the regional carbon market's post-2020 Model Rule changes will not be heard as planned next week by a legislative committee and could face additional delays, a state official told Carbon Pulse. Read More

US presidential candidate Sanders sets out energy decarbonisation by 2030, $200 bln GCF contribution

Published 18:32 on August 22, 2019  /  Last updated at 18:39 on August 22, 2019  /  Americas, Carbon Taxes, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

US Senator and 2020 Democratic presidential candidate Bernie Sanders unveiled Thursday his wide-ranging environmental plan modelled on the Green New Deal, aiming to decarbonise the country’s energy supply over the next 10 years and ramp up America’s international climate commitments under the UN Paris Agreement and Green Climate Fund (GCF). Read More

NA Markets: California allowances dip ahead of auction, RGGI units continue fall

Published 18:25 on August 22, 2019  /  Last updated at 18:25 on August 22, 2019  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices declined this week ahead of the Q3 WCI auction, while RGGI allowances (RGAs) continued their bearish trend to remain at an 11-month low on the secondary market. Read More

RINs continue bounce as Trump administration reportedly mulls biofuel waiver remedies

Published 22:34 on August 22, 2019  /  Last updated at 22:50 on August 22, 2019  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credit prices (RINs) rose for a third straight day on Thursday on news that President Donald Trump’s administration was continuing to explore options to address the fallout from Renewable Fuel Standard (RFS) compliance waivers handed out this month. Read More

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