California leaves out 1.2m V2016 allowances in upcoming auction, data shows
California is leaving out 1.2 million Vintage 2016 allowances for the November auction, according to state data, meaning they are likely to be retired or shifted into the Allowances Price Containment Reserve under the programme’s 24-month rule (APCR).
Read MoreMass electrification can help meet BC’s GHG goals, counter LNG growth -study
British Columbia can achieve its recently updated GHG reduction targets and offset the development of LNG projects in the province through large-scale electrification, according to a white paper released Tuesday by a clean energy trade group.
Read MoreCalifornia postpones discussion, final approval of cap-and-trade amendments
California’s Air Resources Board (ARB) will push back discussion of its cap-and-trade regulations to November, and as a result, no changes will be approved until January 2019, officials said.
Read MoreOntario stakeholders point to large financial, environmental losses from ETS cancellation
Stakeholders have slammed Ontario’s decision to scrap its cap-and-trade programme, adding that the government’s plan unfairly penalises market participants while jeopardising the province’s climate goals.
Read MoreOntario’s revoked cap-and-trade programme will cost C$3 bln over four years, report finds
Ontario’s cancellation of its cap-and-trade programme will cost the Canadian province C$3 billion over the next four years, the government’s financial watchdog said in a report released Tuesday.
Read MoreNew Hampshire’s top court to hear appeal on international hydro line ruling
The New Hampshire Supreme Court said Friday it will hear an appeal from US-based utility Eversource to construct its cross-border Northern Pass hydroelectric line after a state committee denied the project necessary permits earlier this year.
Read MoreOregon gubernatorial candidate confirms cap-and-trade opposition as election approaches
Oregon Republican state representative Knute Buehler said this week during a debate that he would oppose legislation to develop a carbon market if elected on Nov. 6 in the state’s tight gubernatorial race, the second major climate policy the candidate has come out against.
Read MoreWCI approves Ontario cap-and-trade exit, allowance tracking report
The administrator of the California-Quebec carbon market amended its by-laws on Thursday to account for Ontario’s summer departure from the programme, and approved in principle work to help account for cross-border compliance instrument transfers.
Read MoreNA Markets: RGGI prices keep on upward trend as CCAs stagnate
RGGI allowances continued to find support at higher prices this week due to heightened interest from speculators, while California allowances stagnated on the secondary market.
Read MoreCalifornia’s 2019 carbon floor price on track to rise to $15.60 as inflation dips
The US Bureau of Labor Statistics reported Thursday that year-over-year inflation dipped in September, setting up a potential California carbon market floor price of $15.60 next year.
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