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“One way or another”, California is going to extend its emissions reduction targets and carbon market beyond 2020.
China is considering spreading out allowance allocation dates and annual compliance deadlines for different sectors across the year, according to a senior NDRC climate change official.
European carbon prices rose for a fourth straight day to end Friday with a 6.8% weekly gain, as auction results, tumbling coal prices, and short-covering led EUAs to recover from Tuesday’s one-month low.
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
BITE-SIZED UPDATES FROM AROUND THE WORLD
Rejoice! – The Delaware Department of Natural Resources and Environmental Control (DNREC) is relaunching its Energy Efficiency Investment Fund – a grant program that supports energy efficiency upgrades in commercial, industrial, non-profit and local government buildings – thanks to RGGI funding. The program, which has been revamped and improved for quicker application turnaround times, was shelved earlier this year due to a lack of cash.
And finally… First there was Brexit, now’s there’s Clexit – In the wake of the political tsunami caused by the UK’s decision to leave the EU, a group of climate science denialists has formed to jump enthusiastically onto the Brexit bandwagon. Backed by a blitzkrieg of conspiracy theories and pseudo-science, a rapidly convened new group called Clexit has been formed, DeSmog UK writes. The group claims to have “60 well-informed science, business and economic leaders from 16 countries” signing on to a founding statement that is chock-full of long-debunked climate change myths, together with attacks on renewable energy and the UN.
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