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Last week's, remaining WCI auctions through 2020 to sell out, analyst predicts
Last week’s WCI auction likely sold out at the highest clearing price in four years, an analyst predicted, forecasting that the rest of these quarterly sales through 2020 will see all units "snapped up". Read MoreTop
First Alaska issuance helps ACR offset awards top 100 million
Carbon credit issuances by the American Carbon Registry (ACR) have topped 100 million tonnes, the voluntary market certifier announced on Monday, after doling out more than 12 million in the past week. Read MoreTop
Big-emitting, off-grid power plants could escape China ETS
China's off-grid power plants operated by heavy industry might avoid being included in the national ETS as regulators struggle to account for them, potentially undermining government efforts to use the carbon market to curb emissions. Read MoreTop
EU Market: EUAs sink back from 5.5-month high as full auctions loom
EUAs failed to hold onto the previous week’s 8% gain on Monday, slipping slightly in becalmed trade as analysts warned of steeper falls due to the upcoming resumption of bigger auctions. Read MoreTop
NZ Market: NZUs keep climbing as election upset odds improve
New Zealand carbon allowances inched up again on Monday, closing at NZ$18 ($13.16) for the first time in almost six months as the market took in the potential outcome of a surprise Labour election win. Read MoreTop
Rio Tinto plants get green light from Australia to increase emissions
Australia’s Clean Energy Regulator has given two plants owned by mining major Rio Tinto permission to increase CO2 emissions under the Safeguard Mechanism, a policy intended to help cut greenhouse gas output. Read MoreTop
China’s plans for new city could bring up to $150bln in green funding
China’s plans to build a new city near Beijing to alleviate the pressure on the over-populated capital could attract green investment of over a trillion yuan ($150 billion) as it seeks to woo cleantech industries including the main exchange in the nation’s new carbon market. Read MoreTop
China’s Guangdong to tighten CO2 cap, issue permits to national ETS participants
Guangdong will tighten the CO2 cap in its emissions trading scheme for 2017 and advance issuance of allowances to all included sectors despite the lack of clarity over what will happen once the national ETS begins. Read MoreTop
China launches fresh consultation round on MRV for major sectors
China on Friday launched a new consultation on MRV rules for 14 major sectors, including some of those due to be brought into the national emissions trading scheme. Read MoreTop
