Record batch of Colombian CERs cancelled by emitters against country’s carbon tax
A record batch of Colombian CERs were voluntarily cancelled this week for use by local emitters against the country’s carbon tax.
Read MoreCanada should favour carbon price over clean fuel standard -report
Adopting a federal clean fuel standard (CFS) is a costlier and less effective way for Canada to reduce GHGs than an economy-wide carbon price, according to a new study published on Thursday.
Read MoreOntario to join Saskatchewan in lawsuit against Canadian federal carbon price
Ontario Premier Doug Ford announced on Thursday that his province will join Saskatchewan’s lawsuit to stop the implementation of the Canadian federal government’s ‘backstop’ carbon pricing scheme, setting up a showdown with Ottawa over the legality of its national climate plan.
Read MoreNA Markets: Markets stall amid summer lull
US carbon markets were mostly unchanged over the course of the week amid a summer holiday season in full swing.
Read MoreCalifornia LCFS credits set new records as $190 mark nears
California Low Carbon Fuel Standard (LCFS) credits broke out of a relatively stagnant stretch this week to push into new territory after a single trade drove the market higher.
Read MoreNew York power sector CO2 price would not apply until Q2 2021 -grid operator
A successful effort to introduce a carbon charge in New York’s wholesale electricity markets separate to RGGI would take nearly three years to take effect, according to the state’s grid operator NYISO.
Read MoreS&P Dow Jones launches equity indexes that weigh future carbon price risks
Share index compiler S&P Dow Jones has launched a series of equity market indexes to measure the performance of companies against their valuation at risk from predicted 2030 carbon prices.
Read MoreRepublican lawmaker’s US carbon fee plan set to clash with party’s anti-tax push
Debates over a nationwide US carbon tax are heating up this week as a Republican lawmaker’s proposal to phase out environmental regulations in favour of a CO2 fee circulated on Tuesday, while other GOP lawmakers moved closer to voting on a symbolic anti-carbon tax resolution.
Read MoreOregon floats updates to Clean Fuels Program to align with California LCFS
Oregon officials are considering revisions to the state’s Clean Fuels Programme (OCFP) that would align more closely with potential changes to California’s Low Carbon Fuel Standard (LCFS), a meeting heard on Monday.
Read MoreExperts suggest carbon border measures against US as EU, China move closer on climate
The rest of the world should retaliate against the US’ escalating trade tariffs with carbon border adjustments rather than tit-for-tat countermeasures, according to researchers.
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