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WRI: What’s changing as countries turn INDCs into NDCs? Five early insights

Published 13:53 on April 19, 2018  /  Last updated at 13:53 on April 19, 2018  /  Africa, Americas, Asia Pacific, Canada, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Views  /  No Comments

Some countries aren’t waiting until 2020 to make changes to their national climate commitments. As countries ratify the Paris Agreement, some have decided to revise their INDCs and communicate the changes as part of their first NDCs. WRI provides a summary.

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ANALYSIS: Ontario, Quebec’s offset rules development back on track, but concerns persist

Published 01:39 on April 19, 2018  /  Last updated at 02:01 on April 19, 2018  /  Americas, Canada, US, Voluntary Market  /  No Comments

Ontario and Quebec’s offset protocol development is back on track after a policy debate delayed around half of the 13 being designed, but concerns remain on the approach the provinces have decided to take.

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Economic and legal headache would follow doubtful Ontario exit from WCI -experts

Published 00:46 on April 19, 2018  /  Last updated at 00:55 on April 19, 2018  /  Americas, Canada, US  /  No Comments

Although stakeholders believe that Ontario is unlikely to abandon its cap-and-trade programme should the Progressive Conservatives (PC) win the upcoming June provincial election, an exit from the WCI market could yield multiple economic and legal problems.

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Ontario unveils ‘open architecture’ framework for voluntary offset scheme

Published 23:33 on April 16, 2018  /  Last updated at 02:22 on April 17, 2018  /  Americas, Canada, US, Voluntary Market  /  No Comments

The Ontario government has released a framework for its voluntary offset programme, approving three quantification methodologies under an ‘open architecture’ approach that doesn’t limit project types.

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Ontario approves two new offset protocols, updates third

Published 23:23 on April 12, 2018  /  Last updated at 23:23 on April 12, 2018  /  Americas, Canada  /  No Comments

The Ontario Ministry of Environment and Climate Change (MOECC) finalised two offset protocols for use in the province’s cap-and-trade programme on Thursday, while also updating a third.

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NA Markets: Prices lift as trade picks up after conference

Published 22:37 on April 12, 2018  /  Last updated at 22:37 on April 12, 2018  /  Americas, Canada, US  /  No Comments

Prices on both coasts increased moderately this week and trading activity picked up in the as participants returned to their desks after the NACW industry conference.

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No California offsets issued for first time in over two years

Published 21:40 on April 11, 2018  /  Last updated at 21:43 on April 11, 2018  /  Americas, Canada, US, Voluntary Market  /  No Comments

California regulator ARB did not hand out any California Carbon Offsets (CCOs) on Wednesday, the first issuance round since June 2015 where no new offsets were distributed.

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ANALYSIS: Beyond Ontario, political and regulatory risks still hang over WCI market

Published 21:51 on April 10, 2018  /  Last updated at 21:56 on April 10, 2018  /  Americas, Canada, Carbon Taxes, US  /  No Comments

With all eyes on the political uncertainty stemming from Ontario’s upcoming election, experts say many WCI market participants are overlooking other risks to the programme.

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Carbon pricing having positive economic, environmental impact on Ontario -reports

Published 21:14 on April 10, 2018  /  Last updated at 21:20 on April 10, 2018  /  Americas, Canada, Carbon Taxes, US  /  No Comments

Ontario is beginning to experience beneficial effects from its cap-and-trade programme, both on the economy and GHG emissions, that are expected to continue over the next several years, according to two related studies released on Monday.

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Ontario cap-and-trade exit will be hard but new govt could “screw up” market, says former minister

Published 01:30 on April 7, 2018  /  Last updated at 01:30 on April 7, 2018  /  Americas, Canada, Carbon Taxes, US  /  No Comments

Dismantling Ontario’s cap-and-trade scheme and exiting the North American WCI programme would be “pretty hard” for a new provincial government to do without incurring high costs or denting business and investor confidence, according to Ontario’s former environment minister.

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