Top

Short Ontario market to absorb at least 24 mln unsold WCI allowances following linkage -analysts

Published 15:11 on March 30, 2017  /  Last updated at 15:52 on March 30, 2017  /  Americas, Canada, US  /  No Comments

More than 24 million allowances left over from California/Quebec auctions are likely to be consumed by the Ontario market if the jurisdictions link up in early 2018, helping to keep a lid on OCA prices. Read More
Top

NA Markets: Prices unfazed by presidential order though some traders position for bigger moves

Published 14:16 on March 30, 2017  /  Last updated at 15:48 on March 30, 2017  /  Americas, Canada, US  /  No Comments

US carbon markets shrugged off news of President Trump’s executive order rolling back many of the climate protections enacted by his predecessor, though some traders were seen positioning for big price moves. Read More
Top

Norway to look at curbing CER buying after surprise emissions fall

Published 08:52 on March 30, 2017  /  Last updated at 08:52 on March 30, 2017  /  EMEA, EU ETS, International, Kyoto Mechanisms  /  No Comments

Norway will look at possibly downscaling its CER buying programme after the government revised down emissions projections due to more citizens opting for electric cars. Read More
Top

EU Market: EUAs climb back towards €5 amid oil gains

Published 12:44 on March 30, 2017  /  Last updated at 12:44 on March 30, 2017  /  EMEA, EU ETS  /  No Comments

EU carbon prices gained 3.4% on Thursday, nearing the €5 mark for the first time this week on short-covering and as a jump in oil prices lifted the energy complex. Read More
Top

EU, China to lead on climate while the US has some 'explaining' to do -Arias Canete

Published 01:55 on March 30, 2017  /  Last updated at 07:55 on March 30, 2017  /  Americas, China, Climate Talks, EMEA, International, US  /  No Comments

Having now ditched its carbon-cutting plans, the US must explain to the rest of the world how it will meet its emission targets if it stays in the Paris Agreement, EU climate chief Miguel Arias Canete said Thursday, while promising that the EU and China would carry on leading the fight against climate change. Read More
Top

UK emissions down 6% in 2016 as transport dethrones energy sector

Published 03:46 on March 30, 2017  /  Last updated at 03:46 on March 30, 2017  /  EMEA, EU ETS  /  No Comments

The UK’s greenhouse gas emissions fell by 6% in 2016 due mainly to coal-to-gas switching in the power sector, making transportation the top emitting sector for the first time ever and cutting into demand for EU Allowances. Read More
Top

Balkan nations overlooking CO2 costs in their plans for new coal plants -report

Published 12:24 on March 29, 2017  /  Last updated at 02:43 on March 30, 2017  /  EMEA, EU ETS  /  No Comments

Western Balkan nations, in their plans to build up to 10 new coal-fired power plants, are overlooking the CO2 costs that they will likely be required to pay once they join the EU ETS, a watchdog group warned on Wednesday. Read More
Top

EU Market: EUAs end flat after jumping on bumper Polish auction

Published 02:42 on March 29, 2017  /  Last updated at 12:17 on March 29, 2017  /  EMEA, EU ETS  /  No Comments

EU carbon prices ended almost flat on Wednesday, giving back early gains made in the wake of Poland’s auction clearing 6 cents above the secondary market, comfortably absorbing the highest government sale in four years. Read More
Top

Major investors urge UK to retain carbon price mechanism post-Brexit

Published 17:01 on March 29, 2017  /  Last updated at 02:58 on March 29, 2017  /  EMEA, EU ETS  /  No Comments

A group of investors with more than $18 trillion in assets under management has called on the UK to ensure that a carbon pricing mechanism acts as the principal driver of the country’s long-term decarbonisation efforts post-Brexit. Read More
Top

Tighter CO2 baselines for Australia a matter of when, not if -analysts

Published 01:40 on March 29, 2017  /  Last updated at 06:56 on March 29, 2017  /  Asia Pacific, Australia  /  No Comments

Tightening emission baselines for its 140 biggest emitters has become unavoidable if Australia is to meet its Paris Agreement obligations, analysts said Wednesday, a move that would likely drive carbon credit demand from large industrial facilities over the next decade. Read More

We use cookies to improve your website experience and to analyse our traffic. We also share non-personally identifiable information about your use of our site with our analytics partners. By continuing to use our site, you agree to this. More information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close