NA Markets: WCI, RGA prices dip despite increased activity on secondary market
RGGI allowance (RGA) prices declined by double-digits ahead of the final 2018 auction and amid increased activity, while California Carbon Allowance (CCA) prices dipped as entities looked to shift positions across the curve.
Read MoreCORRECTION – Canada’s BC unveils long-term climate strategy aimed at electrification, higher LCFS
British Columbia’s government outlined a long-term climate strategy Wednesday aimed at electrifying its transportation sector, increasing its energy efficiency from buildings, and reducing emissions from its industrial sector.
Read MoreCalifornia utilities push for delay to EIM rules in cap-and-trade amendments
California utilities are asking state regulator ARB to withdraw its proposal to regulate indirect emissions from the Energy Imbalance Market (EIM) and continue its existing policy through 2019, according to public comments.
Read MoreARB board to take up California cap-and-trade regulations again next week
California’s ARB is slated to discuss the cap-and-trade amendments at its December board meeting, potentially enabling the state agency to approve those changes this year.
Read MoreCOP24: Developers, NGOs spar over future role of CDM
The continuation of the CDM and its CER credits when the Paris Agreement takes effect in 2021 has emerged as a major point of contention in the early days of the UN climate summit in Poland, as developers and NGOs remain widely split on the issue.
Read MoreCalifornia 2019 floor price set at $15.62, WCI to auction 258 mln V19 allowances
California’s 2019 carbon auction floor price will be set at $15.62, the ARB confirmed on Monday, while overall WCI current vintage auction volume will decline by 10% next year.
Read MoreCanadian provinces, groups take sides ahead of carbon tax legal battle
A growing number of Canadian provinces and organisations are taking sides and requesting to intervene in the legal fights against the federal government’s carbon tax.
Read MoreSaskatchewan outlines 25 targets to complement climate plan, increase resilience
Saskatchewan’s Ministry of Environment has outlined 25 targets across five areas to complement the province’s climate change strategy and reduce the impacts of global warming.
Read MoreICIS hires former environmental trader for North American role
News and analytics firm ICIS has a hired a long-time environmental trader for its North American carbon team, Carbon Pulse has learned.
Read MoreOntario to utilise performance standards, innovation fund to hit weakened climate goals
Ontario’s Progressive Conservative (PC) government on Thursday unveiled its new carbon tax-free climate strategy, which will see it use output-based performance standards (OBPS) for large emitters while incentivising additional GHG cuts through a fund to reach weakened 2030 reduction targets.
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