Canada flip flops on taxing overdue small business carbon tax rebates
The Canadian government has reversed its prior policy position and plans to tax the carbon rebate owed to small businesses over the last five years, a non-profit said Monday.
Read MoreCanada faces higher carbon removal burden under equity-driven policy approach -researchers
Canada will need to scale up its CO2 removal (CDR) efforts significantly beyond its current net-zero commitments if it is to meet global climate fairness standards, according to a new analysis.
Read MoreCFTC: Compliance slashes RGGI exposure, investors brave CCA price slump
Producers took a drastic haircut to their RGGI Allowance (RGA) long holdings, while investors raised California Carbon Allowance (CCA) net length even as prices faltered over the week, latest figures from the US Commodity Futures Trading Commission (CFTC) showed Friday.
Read MoreBECCS, DAC small factor in net-zero Canada -report
New projections by a federal regulator suggest carbon capture technologies like bioenergy power generation with carbon capture, utilisation, and storage (BECSS), and direct air capture (DAC) aren’t yet ready to play a major role in Canada’s net-zero future.
Read MoreWCI Markets: CCAs hover above $30 with limited upside
Benchmark California Carbon Allowance (CCA) prices found support around the $30-handle, but traders questioned whether this level would sustain ahead of the first quarterly permit sale in a few weeks, while activity in Washington Carbon Allowances (WCA) was limited.
Read MoreNorth American Clean Fuels Markets: Federal policy uncertainty looms over programmes
California’s Low Carbon Fuel Standard (LCFS) credit prices moved higher even as the programme’s surplus bank hit a new high in Q3 2024, but market observers remained cautious about the impact of ongoing political turbulence in the US and Canada on clean fuel schemes.
Read MoreBritish Columbia considers monitoring period adjustments for CCS offset protocol
British Columbia’s environment ministry released a discussion paper on Tuesday, seeking input on plans to reduce “prohibitively long” monitoring and maintenance requirements within the state’s carbon capture and sequestration offset protocol (CCSP) currently under development.
Read MoreAlberta January TIER spot price continues year-long weakening trend despite no new supply
The Alberta Technology Innovation and Emission Reduction (TIER) programme’s spot price fell in the first month of 2025, with no new offsets or EPCs serialised, according to a report published Monday.
Read MoreCalifornia power sector emissions fall almost 8% YoY in 2024
California electricity sector CO2 emissions fell nearly 8% year-on-year (YoY) in 2024 to reach historic lows as the share of renewables generation grew, according to state data.
Read MoreCarbon Pulse launches new Article 6 Portal
In another step towards a more comprehensive data offering, Carbon Pulse has launched a free-access Article 6 Portal tracking international carbon market developments under the Paris Agreement.
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