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Position adjustments ahead for top carbon ETF after tracked index rebalances

Published 01:38 on November 30, 2021  /  Last updated at 02:01 on November 30, 2021  /  Americas, Bavardage, Canada, Conversations, EMEA, EU ETS, International, UK ETS, US  /  No Comments

The world’s largest carbon allowance ETF is expected to adjust its holdings – currently valued at almost $1.4 billion – in the coming days after the index it tracks announced a major rebalancing and new market weightings.

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Emitters, speculators cut California carbon positions before Q4 auction results

Published 22:25 on November 29, 2021  /  Last updated at 22:25 on November 29, 2021  /  Americas, Canada, US  /  No Comments

Both regulated entities and financial players shed their California Carbon Allowance (CCA) holdings last week prior to the release of the November WCI auction results, according to US Commodity Futures Trading Commission data published Monday.

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NA Markets: CCAs pare back losses after auction surprise, RGGI levels near $13

Published 21:25 on November 29, 2021  /  Last updated at 21:25 on November 29, 2021  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices recovered nearly half their losses in recent days after the Q4 WCI auction settled at a massive discount to the secondary market, while RGGI Allowances (RGAs) rebounded slightly from their own retracement just before this week’s quarterly sale.

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VCM Report: VER price hike slows near record levels amid post-COP lull

Published 19:24 on November 29, 2021  /  Last updated at 00:21 on November 30, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) prices edged to new heights in some standardised contracts this week, while others slipped back amid subdued holiday-interrupted trade following the COP26 UN climate talks earlier in the month.

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EU lawmakers seek changes to CO2 border measures that could ease impact on US emitters

Published 19:20 on November 26, 2021  /  Last updated at 19:49 on November 26, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, CBAM, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

The European Parliament’s cross-party trade committee is seeking changes to the EU’s proposed Carbon Border Adjustment Mechanism (CBAM) that could substantially lower costs faced by US emitters, according to a draft report published this week.

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Campaigners cheer small victory for Arctic at UN’s shipping climate talks

Published 18:08 on November 26, 2021  /  Last updated at 18:08 on November 26, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, Shipping, South & Central, South Korea, Switzerland, US  /  No Comments

A voluntary measure to reduce shipping’s black carbon emissions in the Arctic was adopted at the UN’s International Maritime Organisation (IMO) negotiations on Friday, a move welcomed by green groups as a modest step while other climate decisions for the sector were deferred. 

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ANALYSIS: Switzerland touts model for international emissions trade, voluntary market

Published 18:00 on November 25, 2021  /  Last updated at 14:58 on November 29, 2021  /  Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Switzerland, Voluntary Market  /  No Comments

Switzerland sealed its fifth and sixth bilateral crediting agreements on the sidelines of the Glasgow UN climate talks this month, touting the deals as a model of Paris Agreement-era emissions trade for countries as well as for companies in the voluntary carbon market.

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IMO climate talks slog along with another blockade to climate action, this time on black carbon

Published 16:43 on November 25, 2021  /  Last updated at 16:43 on November 25, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Shipping, South & Central, South Korea, Switzerland, US  /  No Comments

Climate progress under the UN’s International Maritime Organisation (IMO) faced another roadblock Thursday, as a handful of countries moved to block a resolution to reduce black carbon emissions in the Arctic – even though these were voluntary, non-binding measures.

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California dishes out 1.7 mln offset as prices retreat from record highs

Published 22:54 on November 24, 2021  /  Last updated at 23:07 on November 24, 2021  /  Americas, Canada, US, Voluntary Market  /  No Comments

California doled out 1.7 mln compliance offsets this week while CCO prices receded from recent record highs.

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Permit prices tumble despite record result at WCI Q4 auction

Published 21:20 on November 24, 2021  /  Last updated at 23:07 on November 24, 2021  /  Americas, Canada, International, US  /  No Comments

California carbon allowance prices tumbled by as much as 14% after the oversubscribed Q4 Western Climate Initiative (WCI) auction cleared at a record but well below the secondary market.

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