Washington state forest offset overhaul risks failing permanence test, researchers warn
Carbon market researchers have raised concerns that proposed revisions to Washington state’s forestry offset protocol risk failing to ensure the environmental integrity of credits issued under the scheme.
Read MoreCarbon taxes can curb emissions but squeeze profits in complementary goods supply chains, study finds
Carbon tax policies can effectively drive emissions reductions across supply chains, but may simultaneously erode profitability and weaken incentives for deeper decarbonisation in markets dominated by complementary products, according to new academic research.
Read MoreWCI Markets: CCAs edge higher amid muted activity
California Carbon Allowance (CCA) futures edged higher over the last week to the mid-$29s as the market continued to be relatively quiet in the backdrop of wider energy developments, traders said.
Read MorePrice floor could fix Canada’s industrial carbon pricing systems -report
Fixing Canada’s industrial carbon pricing system could be as easy as implementing a price floor, according to a new analysis by a Canadian think tank.
Read MoreETF provider launches California carbon listing on London Stock Exchange
An exchange-traded fund (ETF) operator listed its California carbon series on the London Stock Exchange, the company confirmed on Thursday.
Read MoreCarbon pricing effectiveness hinges on policy mix design, study finds
Carbon pricing schemes deliver significant emissions reductions, but their effectiveness can be more than doubled when combined with well-aligned climate policies, according to a new study.
Read MoreCalifornia more than doubled DEBs issued YtD with latest forestry offset issuance
California has issued nearly half a million offsets with direct environmental benefits (DEBs) to the state – the largest DEBs issuance year-to-date – from a single forestry project, according to data published on Wednesday.
Read MoreCF Asia: Compliance markets risk sidelining high-cost carbon projects, developers say
Compliance markets potentially risk sidelining higher-tech and more expensive mitigation activities, developers warned, arguing that lower-cost supply could divert investment from complex, capital-intensive projects.
Read MoreGov. Hochul appears to distance herself from NYCI carbon market plan amid climate law overhaul push
New York Governor Kathy Hochul appears to be signalling a shift away from the cap-and-invest carbon pricing scheme (NYCI) she once championed, as she pushes to rewrite the state’s flagship climate law amid mounting concerns over consumer costs.
Read MoreRGGI Market: RGAs retreat from YtD highs after Q1 auction
RGGI Allowance (RGA) future prices swung sharply last week, continuing to climb to a year-to-date (YtD) high before giving back those gains over the last two trading sessions, as traders pointed to speculative activity as a driver of the volatility.
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