TC Energy, Pembina plan Alberta CCUS project to store 20 MtCO2/yr

Published 17:47 on June 17, 2021 / Last updated at 23:13 on June 17, 2021 / / Americas (Compliance Markets & Taxes, US & Canada), International, Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels), Voluntary (VCM Governance)

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Fossil fuel companies TC Energy and Pembina Pipeline Corporation announced plans to implement a CO2 transportation and sequestration system across Alberta on Thursday, with the goal of storing 10% of the province’s yearly industrial emissions.

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Nova Scotia considering options for CO2 pricing after 2022

Published 16:01 on May 28, 2021 / Last updated at 16:01 on May 28, 2021 / / Americas (Compliance Markets & Taxes, US & Canada)

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The Nova Scotia government is mulling its options for post-2022 carbon pricing, according to a discussion paper released Thursday, suggesting the Canadian province could choose an alternative to its cap-and-trade scheme going forward.Ā 

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COP25: Roundup for Tuesday, Dec. 10

Published 11:07 on December 10, 2019 / Last updated at 23:48 on December 10, 2019 / / Americas (Compliance Markets & Taxes, LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Middle East), International (Paris Article 6/PACM, UN Climate Talks), Nature-based Carbon (Forestry), Net Zero Transition (Power/Electrification), Voluntary (VCM Governance)

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The high-level segment of the UN climate summit kicked off Tuesday as national ministers descended on the Spanish capital, with the Paris Agreement’s market-based Article 6 text still requiring a substantial amount of work. Below is a running summary of those efforts, as well as other happenings at the summit.

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Ontario unveils ‘open architecture’ framework for voluntary offset scheme

Published 23:33 on April 16, 2018 / Last updated at 02:22 on April 17, 2018 / Americas (Compliance Markets & Taxes, US & Canada), Voluntary (VCM Governance)

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The Ontario government has released a framework for its voluntary offset programme, approving three quantification methodologies under an ā€˜open architecture’ approach that doesn’t limit project types.

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Ontario approves two new offset protocols, updates third

Published 23:23 on April 12, 2018 / Last updated at 23:23 on April 12, 2018 / / Americas (Compliance Markets & Taxes, US & Canada), Net Zero Transition (Industrial Decarbonisation)

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The Ontario Ministry of Environment and Climate Change (MOECC) finalised two offset protocols for use in the province’s cap-and-trade programme on Thursday, while also updating a third.

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Ontario, Quebec take steps to advance provincial voluntary markets

Published 22:15 on December 7, 2017 / Last updated at 01:44 on December 8, 2017 / Americas (Compliance Markets & Taxes, US & Canada), Voluntary (VCM Governance)

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Governments and organisations in Ontario and Quebec have taken recent measures to develop and advance voluntary carbon markets in their provinces.

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Ontario environment minister Murray resigns to lead Pembina Institute

Published 12:28 on July 31, 2017 / Last updated at 20:57 on July 31, 2017 / Americas (Compliance Markets & Taxes, US & Canada), Net Zero Transition (Power/Electrification, Transport & Heating Fuels)

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Ontario’s Environment and Climate Change Minister Glen Murray has resigned from the government and will lead Canadian clean energy think-tank The Pembina Institute, he announced on Monday.

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ECOSYSTEM MARKETPLACE: How two First Nations and a small Canadian town tapped carbon finance to better manage their shared forest

Published 17:15 on February 16, 2017 / Last updated at 13:05 on December 19, 2023 / / Americas (Compliance Markets & Taxes, US & Canada), Other Content (Contributed Content), Voluntary (VCM Developments)

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Tom Cole, the operations manager at Cheakamus Community Forest, has a mental list of what he calls ā€œTom’s magic spotsā€ – hidden-away gems he’s gotten to know over 30 years of exploring these British Columbia woods. One is a little lake that acts as an ā€œabsolute mirrorā€; he swears that ā€œyou can’t tell if you’re looking at the lake or looking at reality.ā€

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Mexico to roll out pilot carbon trading market in 2017

Published 01:58 on August 16, 2016 / Last updated at 23:20 on August 16, 2016 / / Americas (Compliance Markets & Taxes, LATAM & Caribbean), Net Zero Transition (Industrial Decarbonisation, Transport & Heating Fuels)

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Mexico will launch a pilot emissions trading scheme next year covering 60 major power generators, manufacturers, and transport firms, the government announced, as it gears up efforts to use market-based mechanism to cut carbon.

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Canadian PM, premiers agree carbon pricing deal but leave out details

Published 02:41 on March 4, 2016 / Last updated at 02:41 on March 4, 2016 / / Americas (Compliance Markets & Taxes, US & Canada)

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Canada’s Prime Minister Justin Trudeau on Thursday won the support of provincial premiers to introduce nationwide carbon pricing, but sorting out details was saved for later and there are already signs that the process will be volatile.

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