Top

NA Markets: California allowances retrace gains amid further volatility, RGGI finds support

Published 23:26 on April 9, 2020  /  Last updated at 23:26 on April 9, 2020  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices ceded previous gains during another hectic week of trading as participants remain wary of how the COVID-19 pandemic will impact WCI emissions, while RGGI allowances (RGAs) maintained their recent bullish trend.

Read More
Top

Nova Scotia to offer 640k carbon allowances at inaugural ETS auction

Published 22:39 on April 9, 2020  /  Last updated at 23:20 on April 9, 2020  /  Americas, Canada  /  No Comments

Nova Scotia will offer 640,000 permits in the cap-and-trade programme’s first auction on June 10, the Canadian province’s environment ministry announced Thursday.

Read More
Top

Chile to implement CO2 budget, consider markets in updated NDC

Published 19:11 on April 9, 2020  /  Last updated at 01:07 on April 10, 2020  /  Americas, Carbon Taxes, Climate Talks, International, New Market Mechanisms, South & Central  /  No Comments

Chile will aim to peak its GHG emissions in 2025 and set a carbon budget for the coming decade as part of its new Paris Agreement contribution submitted Thursday, and will also start a public-private dialogue on how international emissions trading may help meet those targets.

Read More
Top

Several states postpone CORSIA reporting deadline as virus-decimated airlines plea for changes

Published 18:25 on April 9, 2020  /  Last updated at 18:27 on April 9, 2020  /  Americas, Australia, Aviation/CORSIA, International, US  /  No Comments

At least three large nations have postponed CORSIA deadlines for their airlines to report 2019 emission data due to coronavirus disruptions, even as auditors insisted on Thursday that the checks can be completed with little difficulty.

Read More
Top

FEATURE: Verra aims for more streamlined process with in-house offset registry

Published 16:13 on April 9, 2020  /  Last updated at 23:27 on April 9, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, REDD, South & Central, US, Voluntary Market  /  No Comments

Offset standard developer and manager Verra is seeking to cut red tape and costs for stakeholders by launching its own registry, becoming the latest US-based organisation to administer its own system.

Read More
Top

Canada moves to delay 2019 deadlines for ‘backstop’ large emitter programme

Published 00:41 on April 8, 2020  /  Last updated at 01:19 on April 9, 2020  /  Americas, Canada, Carbon Taxes  /  No Comments

The Canadian environment ministry proposed Wednesday to delay the 2019 reporting and compliance deadlines for the federal ‘backstop’ output-based pricing system (OBPS), potentially giving large stationary emitters more time to procure offsets or surplus credits.

Read More
Top

California not considering change to ETS auction schedule, compliance deadline

Published 00:06 on April 8, 2020  /  Last updated at 01:21 on April 9, 2020  /  Americas, Canada, US  /  No Comments

California regulator ARB does not intend to alter its current cap-and-trade auction schedule or compliance deadlines as a result of the COVID-19 pandemic sweeping across the US, an agency spokesperson told Carbon Pulse Wednesday.

Read More
Top

California breaks two-year offset issuance streak as it mints zero credits

Published 23:40 on April 8, 2020  /  Last updated at 00:27 on April 8, 2020  /  Americas, Canada, US  /  No Comments

California issued no new offsets or reduced any invalidation periods this week for the first time in nearly two years, according to data published by regulator ARB on Wednesday.

Read More
Top

New Mexico, Nevada adhering to climate policy timelines during coronavirus outbreak

Published 23:26 on April 8, 2020  /  Last updated at 00:22 on April 8, 2020  /  Americas, Carbon Taxes, US  /  No Comments

New Mexico and Nevada are maintaining schedules to outline potential climate change and carbon pricing strategies by later this year, even as the COVID-19 pandemic presents logistical challenges for the Southwest US states.

Read More
Top

Global coal power keeps coming even if almost half is unprofitable -report

Published 18:06 on April 8, 2020  /  Last updated at 00:14 on April 8, 2020  /  Americas, Asia Pacific, China, EMEA, EU ETS, International  /  No Comments

Nearly half of the world’s coal power plants will run at a loss this year even as carbon prices have a negligible effect in many countries outside the EU, a report published Wednesday has found.

Read More

We use cookies to improve your website experience and to analyse our traffic. We also share non-personally identifiable information about your use of our site with our analytics partners. By continuing to use our site, you agree to this. More information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close