Top

Richer nations’ resolve wanes on cutting fossil fuel subsidies -OECD

Published 10:07 on February 22, 2018  /  Last updated at 10:07 on February 22, 2018  /  Americas, Asia Pacific, Climate Talks, EMEA, International  /  No Comments

Efforts by industrialised nations to reduce fossil fuel subsidies have slowed since the signing of the 2015 Paris Agreement while emerging economies have maintained pace in eliminating them, according to an OECD published Thursday. Read More
Top

Quebec's amended Environment Quality Act scheduled to take effect

Published 13:57 on February 22, 2018  /  Last updated at 13:57 on February 22, 2018  /  Americas, Canada, US  /  No Comments

The Canadian province of Quebec will be putting amendments to its Environment Quality Act into force on Mar 23, 2018. Read More
Top

In an advance on offsetting, Swiss firm offers CO2 removal credits to voluntary market

Published 02:51 on February 22, 2018  /  Last updated at 04:02 on February 22, 2018  /  International, New Market Mechanisms, Voluntary Market  /  No Comments

A Swiss company is offering CO2 removal credits to the voluntary carbon market in an effort to boost funding and expand its carbon capture technology. Read More
Top

EU Market: EUAs rebound from 1-wk low after auction

Published 04:11 on February 22, 2018  /  Last updated at 13:51 on February 22, 2018  /  EMEA, EU ETS  /  No Comments

EU carbon prices rebounded from a one-week low on Thursday after finding support ahead of a moderate government auction and despite analyst warnings of a correction. Read More
Top

Analysts expect WCI price lift-off regardless of result of bumper auction

Published 13:00 on February 21, 2018  /  Last updated at 16:10 on February 22, 2018  /  Americas, Canada, US  /  No Comments

WCI allowances are likely to lift from the market’s auction reserve price in the coming months but could surge more steeply if Wednesday’s record-breaking auction fails to sell out, according to analysts at ClearBlue Markets. Read More
Top

California’s LCFS rulemaking proposal calls for greater GHG cuts

Published 15:16 on February 21, 2018  /  Last updated at 15:16 on February 21, 2018  /  Americas, Canada, US  /  No Comments

California officials released unofficial rulemaking documents to the Low Carbon Fuel Standard (LCFS) late on Tuesday, featuring more ambitious emissions reductions targets than previously discussed. Read More
Top

BRIEFING: Understanding California’s Low Carbon Fuel Standard (LCFS)

Published 15:12 on February 21, 2018  /  Last updated at 16:12 on February 22, 2018  /  Americas, US  /  No Comments

A concise guide to the programme, detailing principle targets and scope, progress and latest developments. Read More
Top

UPDATE- Latest Oregon ‘cap-and-invest’ amendment would buy legislators over a year to hammer out programme design

Published 14:27 on February 20, 2018  /  Last updated at 14:29 on February 21, 2018  /  Americas, Canada, US  /  No Comments

A new proposed amendment to Oregon’s ‘cap-and-invest’ proposal would temporarily strike the section of the bill governing programme design while keeping the more stringent GHG cap, a move that one key legislator told Carbon Pulse could be vital in ensuring that the legislation passes during the 2018 term. Read More
Top

Ontario releases two new draft offset protocols for public review

Published 15:32 on February 21, 2018  /  Last updated at 15:32 on February 21, 2018  /  Americas, Canada  /  No Comments

Ontario's Ministry of the Environment and Climate Change (MOECC) released two new draft offset protocols on Wednesday and launched a 45-day public review and comment period. Read More
Top

EU lawmakers risk undermining ETS price signal because reforms can’t cope -analysts

Published 05:37 on February 21, 2018  /  Last updated at 06:14 on February 21, 2018  /  EMEA, EU ETS  /  No Comments

EU ETS prices could be slashed by as much as half their expected levels next decade as lawmakers prepare clean energy goals that will spur emission cuts steeper than the carbon market’s supply-curbing reforms can cope with, Thomson Reuters analysts said on Wednesday. Read More