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Alberta court rules against federal ‘backstop’ CO2 pricing system

Published 00:17 on February 25, 2020  /  Last updated at 00:27 on February 25, 2020  /  Americas, Canada, Carbon Taxes  /  No Comments

The Alberta Court of Appeal sided with the province’s challenge of the federal carbon pricing policy on Monday, arguing that Prime Minister Justin Trudeau’s government does not have the constitutional authority to implement its ‘backstop’ CO2 levy or large emitter programme on subnational jurisdictions.

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Africa, Asia big winners in German government’s carbon offset tenders -report

Published 23:53 on February 24, 2020  /  Last updated at 23:57 on February 24, 2020  /  Africa, Americas, Asia Pacific, Bavardage, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Middle East, Other APAC, South & Central, Voluntary Market  /  No Comments

Germany has purchased more than 1 million carbon credits between 2014 and 2018 to offset the federal government’s emissions from business trips, according to a new report, with virtually all of the units coming from Africa or Asia and almost half from a single project type.

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States ask court to reject US Department of Justice’s legal challenge of WCI linkage

Published 23:24 on February 24, 2020  /  Last updated at 00:03 on February 25, 2020  /  Americas, Canada, US  /  No Comments

Fourteen US states asked a federal court to reject a Department of Justice (DOJ) motion that seeks to declare the California-Quebec cap-and-trade linkage as unconstitutional.

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Joint passage of Washington LCFS, Clean Air Rule bills unlikely this year -lawmaker

Published 19:28 on February 24, 2020  /  Last updated at 21:18 on February 24, 2020  /  Americas, Canada, Carbon Taxes, RINs & LCFS, US  /  No Comments

The Washington legislature is unlikely to approve both of the market-based GHG reduction programmes up for debate this year, as negotiations get underway on several climate-related bills in the final weeks of the 2020 session, a key lawmaker told Carbon Pulse.

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UPDATE – Oregon Senate Republicans vow to walk out after committee advances ETS proposal 

Published 19:12 on February 24, 2020  /  Last updated at 23:36 on February 24, 2020  /  Americas, Canada, US  /  No Comments

Oregon Democrats sent a WCI-modelled cap-and-trade bill to the Senate on Monday after passing a key committee, but the vote sparked an immediate decision by Republicans to walk out to protest the carbon market legislation.

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US Carbon Pricing Roundup for week ending Feb. 21, 2020

Published 22:40 on February 21, 2020  /  Last updated at 22:40 on February 21, 2020  /  Americas, Aviation/CORSIA, Canada, Carbon Taxes, US, Voluntary Market  /  No Comments

A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level this week, including developments in Hawaii, Colorado, Maryland, and cross-border hydroelectric potential in the Northeast US.

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Uncertainty swirls over Republican protest to stop Oregon carbon market bill

Published 22:21 on February 21, 2020  /  Last updated at 22:21 on February 21, 2020  /  Americas, Canada, US  /  No Comments

Democrats are rallying behind Oregon’s WCI-modelled ETS bill ahead of a critical vote next week, as questions arose Friday about whether enough Republicans will follow through with a walkout to stop the legislation.

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CBL Markets hires APX veteran to lead international carbon operations

Published 15:00 on February 21, 2020  /  Last updated at 19:06 on February 21, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, US, Voluntary Market  /  No Comments

A former employee of US-based offset registry administrator APX will oversee the international expansion of CBL Markets as several global carbon markets seek to launch next year, the trading platform announced Friday.

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NA Markets: RGGI prices rise above 2021 supply trigger, as CCAs inch up ahead of auction

Published 22:52 on February 20, 2020  /  Last updated at 01:35 on February 21, 2020  /  Americas, Canada, US  /  No Comments

RGGI Allowance (RGA) prices this week exceeded the 2021 Emissions Containment Reserve (ECR) trigger price for the second time this year, while California Carbon Allowances (CCA) also increased ahead of the first quarterly sale of 2020.

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Oregon GOP eyes second consecutive walkout after Friday ETS vote

Published 20:25 on February 20, 2020  /  Last updated at 02:04 on February 21, 2020  /  Americas, Canada, US  /  No Comments

Oregon Republicans are once again formalising plans to flee the state to scuttle the passage of the state’s WCI-modelled cap-and-trade bill, sources and local media reported.

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