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Domestic market, price controls at heart of German plan to tackle non-ETS emissions
The German government on Friday unveiled a comprehensive new €50 billion climate plan, which centres around a domestic trading scheme for the country’s transportation and heating sectors, and price controls for both EU ETS and non-ETS allowances. Read MoreTop
California's IEMAC suggests automatic supply triggers, exploring devalued banked ETS allowances
California regulator ARB should develop automatic supply triggers to manage the volume of ETS compliance instruments in circulation, while examining whether banked allowances should be discounted based on vintage year, according to a draft watchdog report released Friday. Read MoreTop
November WCI auction will include 76.5 mln allowances
California and Quebec's final carbon auction of 2019 on Nov. 19 will include nearly 76.5 million current and future vintage allowances, according to a notice released Friday. Read MoreTop
Climate backstop, border adjustments sticking points for US CO2 pricing bills -experts
Numerous carbon pricing bills introduced in the US Congress this year could require further work in order to properly implement a price-ratcheting mechanism tied to GHG goals and a border adjustment for fossil fuel exports and imports, experts said Friday. Read MoreTop
EU Market: EUAs lift further above €26 to eke out tiny weekly gain
EUA prices continued to recover from this week's losses, climbing further above €26 on Friday as the energy complex continued to lift on rising geopolitical tensions. Read MoreTop
EU ETS faces 2.2 bln permit surplus due to coal phaseouts -report
The phasing out of coal power across the EU could result in up to 2.2 billion unused EUAs that risk weighing on prices unless lawmakers enact further reforms, according to environmental campaigners Carbon Market Watch. Read MoreTop
France convinces Germany to consider EU carbon border measure
Germany has agreed to France’s urgings to consider an EU carbon border measure, adding to the increasing number of European proponents for a policy to shield the bloc’s industry from foreign rivals not faced with comparable environmental limits. Read MoreTop
EU nations speak up for aviation ETS, but refuse to safeguard its defence
EU transport ministers on Friday supported continuing to include flights in the EU ETS, but are still leaving open whether to protect the policy at UN body ICAO's triennial meeting next week, where other nations are expected to attempt to shut Europe's aviation carbon market down. Read MoreTop
California endorses contentious Tropical Forest Standard for sector-based deforestation reduction
California regulator ARB endorsed the controversial Tropical Forest Standard (TFS) on Thursday, coming roughly 10 months after the agency first attempted to greenlight the framework that could serve as a model for jurisdictional REDD programmes in compliance-based and voluntary carbon markets. Read MoreTop
