A global carbon tax may be more feasible than previously thought -survey
The general public in both rich and poor countries shows a consistently high level of support for a carefully designed global carbon tax, a survey found.
Read MoreGlobal clean energy investment dips 8% as solar panel glut takes effect -BNEF
Global clean energy investments fell 8% in 2018 to $332.1 billion as a solar panel production glut slashed prices and China cut subsidy access, according to researchers BloombergNEF (BNEF).
Read MoreKorean developers push on with CDM projects despite potential UN restrictions
South Korean project developers continue to identify and launch new CDM projects for use in the domestic ETS despite lingering uncertainty over the mechanism’s future and their government being outmanoeuvred at UN climate talks.
Read MoreGlobal CO2 trading volume spikes 45% in 2018, value soars 250% amid reforms -analysts
Global traded carbon volumes rose 45% in 2018 to a five-year high of 9.1 billion tonnes as the dominant EU ETS market notched stellar price gains, Refinitiv analysts said in an annual market review on Tuesday.
Read MoreGovernments urged to come clean on carbon pricing as cash rolls in
Citizens are urging governments to more clearly communicate how they are both imposing carbon pricing and spending the resulting revenues, as rising emissions costs begin to test public resolve.
Read MoreFormer EU carbon trader to head up Engie’s Greater China emissions, power desk
A former carbon trader at PetroChina’s London desk has joined Engie as head of carbon and power trading in the Greater China region.
Read MoreJapan’s Chugoku, JFE Steel cancel coal plans amid concerns over profitability
Chugoku Electric Power Co. and JFE Steel have given up on plans to build a 1.07GW coal-fired power plant over concerns the facility might prove unprofitable, marking the seventh planned coal plant to be scrapped in Japan over the past 18 months.
Read MoreCOP24: Failed Article 6 text offers glimpse of Paris-era emission trade
Governments will in early 2020 revisit negotiations for rules covering international emissions trade, recycling much of last week’s failed Paris Agreement Article 6 text that gave wide scope for cross-border dealing.
Read MoreAustralia reduces emissions projections, but remains far off track for Paris target
Australia on Friday released its annual emissions forecast to 2030, adjusting downwards expected GHG output over the next decade but still expecting to massively miss its Paris Agreement target.
Read MoreClean Energy Regulator confident on short-term ACCU supply
Australia’s Clean Energy Regulator on Thursday for the first time released a set of key carbon offset market data, concluding that supply in the short term will be sufficient to meet demand as Safeguard Mechanism entities approach their Feb. 28 compliance deadline.
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