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California hands out 1 mln offsets, with most going to new forest projects

Published 15:55 on November 22, 2017  /  Last updated at 17:01 on November 22, 2017  /  Americas, Canada, US  /  No Comments

California issued more than 1 million offsets to six projects this week, according to Air Resources Board data, taking the total number awarded by the state above 86 million.

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Final California-Quebec carbon auction of 2017 sells out at huge premium despite heftier supply

Published 16:01 on November 21, 2017  /  Last updated at 03:56 on November 22, 2017  /  Americas, Canada, US  /  No Comments

California and Quebec’s final joint carbon auction of 2017 sold out, results showed on Tuesday, with prices hitting their highest premium to the sale floor in four years despite nearly 16 million additional units being on offer.

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CP Daily: COP23 Special

Published 08:17 on November 20, 2017  /  Last updated at 09:35 on November 20, 2017  /  Africa, Americas, Asia Pacific, Aviation, Canada, Carbon Taxes, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Newsletter, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

UN climate talks held in Bonn, Germany from Nov. 6-17 made modest progress on a number of technical issues including rules underpinning global carbon trading under the Paris Agreement, but a great deal of work remains ahead of next year’s deadline to complete the 2015 pact’s rule book.

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COP23: 25 nations, sub-nationals join UK-Canada coal exit alliance

Published 14:23 on November 16, 2017  /  Last updated at 19:44 on November 17, 2017  /  Americas, Asia Pacific, Canada, Climate Talks, EMEA, International, Voluntary Market  /  No Comments

Some 25 national and sub-national jurisdictions have joined a global alliance forged by the UK and Canada to encourage a transition from unabated coal-fired power to cleaner alternatives, with the founding nations seeking to reach 50 members within a year.

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Cap-and-trade not driving California’s falling emissions -report

Published 19:10 on November 16, 2017  /  Last updated at 19:10 on November 16, 2017  /  Americas, Canada, US  /  No Comments

California’s carbon market had little to do with last year’s near-5% drop in capped emissions in the state, according to researchers.

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Replacing Ontario’s carbon market with a tax will cut more emissions -study

Published 15:18 on November 15, 2017  /  Last updated at 16:49 on November 15, 2017  /  Americas, Canada, Carbon Taxes, US  /  No Comments

Replacing Ontario’s cap-and-trade scheme with a revenue-neutral carbon tax, as the province’s poll-leading Progressive Conservatives have vowed to do, would result in larger emission reductions, a new study shows.

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COP23: Bypassing Trump, Canada and Mexico team up with 15 US state governors on climate

Published 11:37 on November 13, 2017  /  Last updated at 03:47 on November 14, 2017  /  Americas, Canada, Climate Talks, International, Mexico, New Market Mechanisms, US  /  No Comments

Canada, Mexico, and a coalition of 15 US state governors signed a declaration committing to jointly strengthen their climate action on Monday, aiming to defy the Trump administration.

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NA Markets: Prices slip on both coasts amid pre-auction positioning

Published 18:43 on November 9, 2017  /  Last updated at 18:43 on November 9, 2017  /  Americas, Canada, US  /  No Comments

Allowance prices on both American coasts fell for most of the last week before steadying on Wednesday as participants prepared for the year’s final auctions.

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Five projects get 142k California offsets in smallest issuance since May

Published 16:01 on November 8, 2017  /  Last updated at 15:53 on November 22, 2017  /  Americas, Canada, US  /  No Comments

California’s Air Resources Board awarded just 142,000 offsets to five projects this week, marking the smallest issuance since May.

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COP23: International emissions trade talks lag as nations inch towards first Paris-era deals

Published 12:58 on November 8, 2017  /  Last updated at 20:59 on November 9, 2017  /  Americas, Asia Pacific, Canada, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Negotiations on global carbon trade under the Paris Agreement are lagging other strands of the UN climate talks in Bonn, with the slow pace prompting some countries to line up deals ahead of finalised rules.

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