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China’s State Council approves ETS allocation plan -media
China’s State Council has approved an allocation plan for the power sector’s trial emissions trading system, local media reported Thursday, a sign that the government is on track to launch the simulated market this year as planned. Read MoreTop
Global carbon pricing revenues up 45% in 2017 as spending choices differ -report
Revenues raised from carbon pricing policies rose 45% last year to $32 billion, with most coming from taxes rather than trading and no clear trend emerging on where the money is spent, a report found on Thursday. Read MoreTop
China slashes power prices to boost industry, paving way for further reform
China will cut power prices for industrial and commercial users by around 10%, a move likely to squeeze the profits of monopoly grid companies and major generators and pave the way for further power market reforms. Read MoreTop
ANALYSIS: Ontario, Quebec’s offset rules development back on track, but concerns persist
Ontario and Quebec’s offset protocol development is back on track after a policy debate delayed around half of the 13 being designed, but concerns remain on the approach the provinces have decided to take. Read MoreTop
Economic and legal headache would follow doubtful Ontario exit from WCI -experts
Although stakeholders believe that Ontario is unlikely to abandon its cap-and-trade programme should the Progressive Conservatives (PC) win the upcoming June provincial election, an exit from the WCI market could yield multiple economic and legal problems. Read MoreTop
Role of ETS in question as EU gears up to revamp long term climate strategy
The role of the ETS in meeting the EU’s long-term climate goals is being called into question all across Europe as Brussels prepares to revamp its strategy underpinning the targets. Read MoreTop
EU Market: EUAs rise as buyers step in ahead of compliance deadline
EU carbon prices resumed their upward trajectory on Wednesday despite another weak auction, as traders said buyers were looking to square their positions ahead of the annual compliance deadline. Read MoreTop
Carbon trader becomes new CEO of Tianjin Climate Exchange
A Beijing-based trader with China Carbon Futures left the company on Wednesday to take up the position of CEO of the Tianjin Climate Exchange. Read MoreTop
Business groups urge leaders to keep Australia’s NEG alive
A group of major Australia's business groups and other organisations on Wednesday urged state leaders to not ditch the proposed National Energy Guarantee (NEG) at a crunch meeting later this week. Read MoreTop
