NA Markets: California price surge tapers off as reform deal doubts set in
California carbon made another jump this week as politicians agreed on a proposal to extend the state’s carbon market to 2030, though the gains were tempered by uncertainty over some of the details.
Read MoreGerman energy exchange EEX builds foothold in China’s emerging carbon market
German energy bourse EEX has partnered with several Chinese exchanges to build its foothold in China’s emerging national ETS, advancing plans to offer trade in euro-denominated offshore carbon derivatives to let clients access the market while avoiding the political and capital restrictions that international investors typically face.
Read MoreFor experts, California carbon market extension may bring more questions than answers
While Californian lawmakers have succeeded in passing a new law to extend the state’s cap-and-trade scheme, a sense of uncertainty lingers for market observers as they await detailed rules from the Air Resources Board.
Read MoreCalifornia lawmakers narrowly approve cap-and-trade extension package in show of bipartisanship
A legislative package to extend California’s landmark cap-and-trade programme was narrowly approved by the state’s Senate and Assembly with bipartisan support on Monday, securing the future of the market until at least 2030.
Read MoreCalifornia cap-and-trade extension bill hanging in the balance as obstacles mount
A bill to re-authorize California’s cap-and-trade programme beyond 2020 is hanging in the balance, with absent Democrats and obstinate Republicans putting current efforts in peril.
Read MoreCalifornia’s cap-and-trade extension bill advances as Brown warns of repercussions from failure
A bill to extend California’s cap-and-trade programme beyond 2020 has advanced, passing out of the Senate Environmental Quality (EQ) Committee in a vote down party lines.
Read MoreNA Markets: California prices surge on post-2020 market extension proposal
California carbon prices advanced strongly on a political agreement to reauthorize the state’s market beyond 2020, while RGGI prices jumped amid strong buying activity early in the week.
Read MoreVCS teams up with Standards Council of Canada on new offset verifier accreditation scheme
Verified Carbon Standard (VCS) and the Standards Council of Canada have teamed up to provide a new accreditation programme for validation/verification bodies (VVBs).
Read MoreCalifornia awards 206k in offsets as Quebec makes rare issuance
California’s Air Resources Board has issued 205,725 offset credits to four projects, while a facility in Quebec received just over 2,000 credits.
Read MoreCalifornia lawmakers clinch cap-and-trade reauthorization deal
After weeks of negotiations, California lawmakers announced a deal to reauthorize the state’s carbon market post-2020 late on Monday, with a number of elements that had appeared in recent draft texts making it into the two final bills.
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