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OUR TOP NEWS:
Poland could seek to opt out of EU climate policies altogether next year as its influence wanes in Brussels and the poll-leading opposition takes an even harder line.
Benchmark EU carbon prices continued to slide on Wednesday, dropping below two technical support levels to end beneath the previous week’s floor on modest trade of less than 7 million units.
Australia will hold its second auction under the Emissions Reduction Fund (ERF) on Nov. 4-5, the Clean Energy Regulator announced Wednesday.
Carbon emissions from Australia’s electricity generation sector over the past two months rose at the quickest pace since 2004, as coal replaced renewables and natural gas in the mix, a report said Wednesday.
Bite-sized updates from around the world:
How Obama’s Clean Power Plan actually works: a step-by-step guide – Brad Plumer explains how the CPP rules were set and how it will work. (Vox)
Indonesia reignites REDD+ to meet 2017 target – After being dormant for half a year due to the abolishment of the National Emissions Reduction from Deforestation and Forest Degradation Agency, the government is reigniting Indonesia’s REDD+ agenda as it commits to fully implementing plans by 2017. (Jakarta Post)
Macedonia has become the 51st party to submit its INDC, pledging a 30% cut under BAU levels by 2030, or 36% under a higher ambition scenario. The document said this would mean limiting emission growth to 31% or 20% respectively versus 1990 levels, compared to a 87% increase to 18 million tonnes GHGs under BAU. It said it was open to the use of markets, pending clarity at UN level. Check out our INDC Tracker
Climate change doesn’t have borders, so why should the response? Asks IETA’s Dirk Forrister in a blog post setting out the case for carbon markets in a Paris climate deal. “Explicit mention of markets in the final text would embolden those that are still considering options, while recognising efforts already underway. With so many systems in place, it is vital that the future climate change framework account for these reductions,” he said. (BusinessGreen)