ANALYSIS: Smaller size, indexed contracts may tighten Q1 WCI auction settlement discount
WCI traders expect the first quarterly sale of the year to settle close to the secondary market level due to its smaller size, the volume of auction indexed futures contracts purchased to date, and greater overall demand.
Read MoreOregon temporarily icing ETS proposal for House input ahead of floor votes
Oregon Democrat leaders are delaying the state’s cap-and-trade bill timeline to allow for greater discussion in the House and to incorporate several amendments to the Senate version, though ETS proponents still expect the precursor to a floor vote to take place at the end of this week.
Read MoreNearly half of global GDP could soon be subject to net zero emission targets -report
Governments representing 49% of the global economy have or are in the process of putting in place targets to reach net zero greenhouse gas emissions, a report showed.
Read MoreNew REDD standard expands to include subnational jurisdictions
The Architecture for REDD+ Transactions (ART) programme published its new standard for combatting tropical forest deforestation on Monday, giving subnational jurisdictions more authority and a longer timeframe than previously outlined to generate carbon credits for sale in voluntary and compliance-based offset markets.
Read MoreLCFS Market: California prices retreat as hedging activity increases
California Low Carbon Fuel Standard (LCFS) credits have receded from record highs last week to near a three-week low, while market participants ramped up trade in futures contracts further out on the curve on ICE and Nodal Exchange.
Read MoreUS Carbon Pricing Roundup for week ending Feb. 14, 2020
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 Pennsylvania, California, and Montana.
Read MoreQuebec aiming to finish compliance forestry protocol this summer
Quebec intends to finalise its forestry offset protocol for its WCI-linked cap-and-trade programme this summer and open the proposal up for public consultation, a government spokesperson told Carbon Pulse.
Read MoreUS airline Delta sets out $1 bn CO2 neutrality goal that minimises offsets use
US-based Delta Air Lines announced Friday that it will invest $1 billion to achieve carbon neutrality from its global business starting in March, but said it would limit its reliance on offsets in the long-run.
Read MoreIndia’s cKinetics acquires carbon market data firm CaliforniaCarbon.info
Delhi-based sustainability advisory firm cKinetics has acquired carbon market news and data platform CaliforniaCarbon.info, Carbon Pulse has learned.
Read MoreOregon advances WCI-modelled ETS bill with prolonged fuel sector phase-in
Oregon Senate Democrats passed the state’s controversial ETS legislation out of committee on Thursday evening after making further concessions to the carbon market’s fuel sector phase-in and other areas to appease critics.
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