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EU lawmakers from across the political spectrum are planning a range of measures that would regulate rapidly-growing airline emissions more tightly than efforts under UN aviation body ICAO.
*** Aviation and the ICAO market-based mechanism will be a central discussion topic during day 2 (Oct. 14) of our Carbon Forward conference in London. The early bird discount offer ends on Aug. 15 so get your tickets today ***
EU carbon climbed for the fifth successive session on Monday as analysts predicted tighter auction supply and increased interest from utilities would boost prices.
The Shanghai exchange has announced it will halt CCER trading until further notice from Tuesday in order to carry out a software upgrade.
BGC Partners has hired a new head of carbon markets based in San Francisco, the US-based brokerage announced Monday.
*** Introducing the first of our comprehensive, regularly-updated intelligence ‘Dossiers‘ on carbon pricing policies. Each dossier builds into a powerful online research tool with key news, analysis, quotes, data, charts, tables, timelines, supporting documents and links – all in one place. And they can all be exported in printable PDF format for convenient offline reading ***
This 64-page dossier provides an overview of international climate policy relating to carbon pricing, including a detailed breakdown of the Paris Agreement and concise summaries of all its INDCs, global themes in carbon markets, internal carbon pricing, international climate initiatives and climate finance.
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BITE-SIZED UPDATES FROM AROUND THE WORLD
That’s no moon shot – David Roberts of Vox delves through the climate proposals of US Democrat presidential candidate Hillary Clinton. He sums them up as a detailed plan for making use of existing authorities to extend and accelerate the Obama climate policy trajectory and definitely not a moon shot equal to the scale of the problem.
The shifting fortunes of big coal – A lengthy Reuters special report charts the evolution of the Hobet coal mine in the US state of West Virginia. It shows how over 40 years miners have seen the culture shift from mine knowledge and safety to a focus on the bottom line and taking hefty loans to appease investors, which has ultimately resulted in a very toxic legacy – both socially and environmentally.
Seizures at Disney’s Cambodia REDD zone – Some 100 pieces of luxury wood believed to be from Cambodia’s Keo Seima Wildlife Sanctuary were seized at the house of a military officer near the Vietnamese border on Friday, officials said. The seizure comes just two weeks after the Walt Disney bought $2.6 million REDD credits as part of a plan designed to protect the sanctuary from illegal logging. (Phnom Penh Post)
And finally … Olympics kicks off with climate warning – The Opening Ceremony of the Rio Olympics Games highlighted the threats of climate change to nearly 3.3 billion viewers. A video, narrated by actress Judi Dench, explained the spike in the Earth’s temperature and the effects of climate change around the world such as rapid ice melt and sea level rise. (Climate Nexus)
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