Alberta offset prices rise ahead of compliance deadline, though future increases uncertain
Alberta offset prices are increasing as companies look to cover their obligations under the Canadian province’s outgoing large emitter programme, though future negotiations with the federal government over the new scheme’s CO2 price are clouding the outlook beyond the spring true-up deadline.
Read MoreKey Oregon Democrat wants ETS proposal passed, but stays mum on current bill
A Democratic Oregon state senator who opposed her party’s WCI-modelled cap-and-trade proposal last year is open to supporting a carbon reduction bill during the state’s short 2020 lawmaking term, but has stopped short of backing her colleague’s revised legislation.
Read MoreNova Scotia announces first two carbon allowance auctions
Nova Scotia will hold its first two carbon allowance auctions later this year for the 26 entities regulated by its ETS, the Canadian province announced this week.
Read MorePennsylvania Republicans warn RGGI against linkage with state
Pennsylvania joining the US Northeast RGGI ETS via executive order would prompt a legal challenge and create prolonged regulatory uncertainty for the scheme, a state Republican warned the programme’s top official.
Read MoreRGGI compliance buying rose amid higher prices last week, data shows
Increased buying of RGGI allowances (RGA) by compliance entities led to higher prices on the secondary market last week, according to Commodity Futures Trading Commission (CFTC) data.
Read MoreUS Carbon Pricing Roundup for week ending Jan. 17, 2020
A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level taken this week, including developments in Massachusetts, Maryland, and Washington state.
Read MoreToo soon to rule out TCI carbon market despite criticism -regulatory sources
The Transportation and Climate Initiative (TCI) collaborative’s future will still hinge on the final design of the cap-and-invest programme in 13 US jurisdictions despite criticism over the initial proposal, regulatory sources told Carbon Pulse.
Read MoreLCFS Market: California prices pull within records, BC deficit grows
California Low Carbon Fuel Standard (LCFS) prices flirted with all-time highs this week, while data showed British Columbia’s credit deficit for its own clean fuels programme rose in 2018.
Read MoreNA Markets: California price drop reverses early year rally, RGGI takes off on higher demand
California Carbon Allowance (CCA) prices dropped on the secondary market after rising toward programme highs to start 2020, while RGGI Allowance (RGA) prices rose double-digits amid increased buying.
Read MoreWashington state can implement Clean Air Rule on stationary sources, court rules
The Washington Department of Ecology (ECY) can enforce its market-based carbon rule on stationary emitters after the state Supreme Court partially overturned a lower court’s decision on Thursday, but the ruling still bars the agency from implementing GHG limits on fuel suppliers and natural gas distributors.
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