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Stakeholders raise legality, reliability concerns about California 2022 Scoping Plan options

Published 22:33 on September 20, 2021  /  Last updated at 23:05 on September 20, 2021  /  Americas, Canada, US  /  No Comments

Stakeholders are advocating for California regulator ARB to increase the stringency or the long-term certainty of its WCI-linked cap-and-trade programme in the 2022 Scoping Plan, while power utilities and an oil major raised reliability and legality questions about current scenarios, public comments show.

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VCM Report: Nature-based VER values lift past CORSIA-eligible units

Published 20:58 on September 20, 2021  /  Last updated at 23:08 on September 20, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Prices for exchange-traded, standardised voluntary emissions reductions (VERs) rose more quickly among nature-based products than CORSIA-qualified credits for the second straight week, reasserting a premium in the voluntary carbon market (VCM) that had evaporated earlier this month.

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US, EU ink methane pact in push to help get COP26 climate summit back on track

Published 01:53 on September 20, 2021  /  Last updated at 01:53 on September 20, 2021  /  Africa, Americas, Asia Pacific, Canada, China, Climate Talks, EMEA, International, Mexico, Other APAC, South & Central, US, Voluntary Market  /  No Comments

The US and EU have jointly pledged to slash their methane emissions, in an internationally coordinated move seen as a significant step ahead of next month’s UN climate talks, which observers warn are at risk of faltering.

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WCI emitters added to short positions for second consecutive week as financials remain static

Published 21:43 on September 17, 2021  /  Last updated at 22:24 on September 17, 2021  /  Americas, Canada, US  /  No Comments

WCI regulated entities increased their open short positions for the second consecutive week as prices began to rebound in the futures market, while speculators’ holdings rose slightly over the period, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

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Lowest WCI auction volumes since Q1 announced ahead of Nov. 17 sale

Published 20:57 on September 17, 2021  /  Last updated at 22:42 on September 17, 2021  /  Americas, Canada, US  /  No Comments

The Q4 California-Quebec auction will feature the lowest volume since the first quarter due to a reduction of unsold allowances, with the auction announcement on Friday coming on the heels of all-time highs on the secondary market this week.

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CARBON FORWARD 2021: Amid global carbon credit boom, experts gather to discuss risks, opportunities

Published 20:27 on September 17, 2021  /  Last updated at 17:02 on September 21, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Views, Voluntary Market  /  No Comments

The sixth instalment of Carbon Forward – the premier annual environmental markets conference – is back, and it’s stacked with a first-class line-up of speakers to discuss the global boom in carbon credit prices, as well as government- and corporate-led efforts to scale up these markets.

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US Carbon Pricing and LCFS Roundup for week ending Sep. 17, 2021

Published 15:30 on September 17, 2021  /  Last updated at 21:42 on September 17, 2021  /  Americas, Canada, US  /  No Comments

A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including developments in Illinois and Pennsylvania.

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New offset-backed crypto currency aims to drive up voluntary carbon prices

Published 13:57 on September 17, 2021  /  Last updated at 10:25 on September 24, 2021  /  Americas, Asia Pacific, Canada, EMEA, International, New Market Mechanisms, REDD, US, Voluntary Market  /  No Comments

A new digital currency protocol is closing its ‘fair launch’ auction on Friday, raising funds it intends to use to buy voluntary carbon offsets in a bid to drive up market prices and force big companies to reduce their emissions.

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Cargill unveils initiative to pay US farmers for carbon sequestration

Published 23:59 on September 16, 2021  /  Last updated at 17:03 on September 17, 2021  /  Americas, Canada, International, US, Voluntary Market  /  No Comments

Commodities trading firm Cargill is launching a programme that will pay American farmers to engage in practices that cut greenhouse gas emissions and improve soil health.

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Following recent trend, new speculative firm opens RGGI account

Published 22:19 on September 16, 2021  /  Last updated at 22:19 on September 16, 2021  /  Americas, Canada, US  /  No Comments

A new speculative trading firm opened a RGGI CO2 Allowance Tracking System (COATS) account on Thursday, with the new registration aligning with the recent trend of financial firms entering the Northeast carbon market.

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