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US Carbon Pricing Roundup for week ending Jan. 24, 2020

Published 18:57 on January 24, 2020  /  Last updated at 18:57 on January 24, 2020  /  Americas, Carbon Taxes, US  /  No Comments

A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level taken this week, including developments in Massachusetts, New Hampshire, Rhode Island, California, and Arizona.

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PJM carbon price could ease state fears after FERC order -experts

Published 22:50 on January 22, 2020  /  Last updated at 00:16 on January 23, 2020  /  Americas, Carbon Taxes, US  /  No Comments

US states in the PJM grid region could benefit from a carbon tax after a Federal Energy Regulatory Commission (FERC) order last month threatened clean energy and environmental goals, but the support for that CO2 regulatory policy is uncertain, experts said Wednesday.

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World’s carbon markets grow 34% in value to $215 billion in 2019 -report

Published 21:34 on January 22, 2020  /  Last updated at 11:45 on January 23, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, Carbon Taxes, China, China's National ETS, China's Offset Market, China's Pilot Markets, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

Global carbon markets grew by 34% in 2019 to hit €194 billion ($215.1 bln) in value, according to analysts at Refinitiv, marking a third straight year of growth and a nearly fivefold increase in two years.

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EU chief warns on CO2 border measures, praises California, China

Published 18:53 on January 22, 2020  /  Last updated at 21:16 on January 22, 2020  /  Americas, Asia Pacific, Carbon Taxes, China, EMEA, EU ETS, International, US  /  No Comments

European Commission president Ursula von der Leyen warned on Wednesday that the EU will press ahead with border carbon adjustment plans to protect its industry and workers, but she praised California and China’s carbon pricing efforts that could mean the measures are never needed.

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Alberta offset prices rise ahead of compliance deadline, though future increases uncertain

Published 21:08 on January 21, 2020  /  Last updated at 00:38 on January 22, 2020  /  Americas, Canada, Carbon Taxes  /  No Comments

Alberta offset prices are increasing as companies look to cover their obligations under the Canadian province’s outgoing large emitter programme, though future negotiations with the federal government over the new scheme’s CO2 price are clouding the outlook beyond the spring true-up deadline.

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US Carbon Pricing Roundup for week ending Jan. 17, 2020

Published 21:54 on January 17, 2020  /  Last updated at 21:54 on January 17, 2020  /  Americas, Canada, Carbon Taxes, US  /  No Comments

A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level taken this week, including developments in Massachusetts, Maryland, and Washington state.

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EU’s Energy Community neighbours progress carbon pricing plans

Published 19:15 on January 14, 2020  /  Last updated at 23:41 on January 14, 2020  /  Carbon Taxes, EMEA, EU ETS, International  /  No Comments

The EU’s southeastern neighbours have appointed a Greek consultancy to help them design a carbon pricing mechanism to help decarbonise their power sectors.

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Chile introduces offset provision in updated draft climate change law

Published 22:45 on January 13, 2020  /  Last updated at 23:27 on January 13, 2020  /  Americas, Carbon Taxes, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, Voluntary Market  /  No Comments

Chilean emitters may use offset credits to comply with potential GHG limits under part of the country’s updated draft climate change law, as the beleaguered national government resumes work to hit more ambitious emission reduction targets.

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Ireland announces domestic €26/t offset scheme for government air travel

Published 15:01 on January 12, 2020  /  Last updated at 15:04 on January 12, 2020  /  Aviation/CORSIA, Carbon Taxes, EMEA, EU ETS, International, Voluntary Market  /  No Comments

Ireland on Sunday unveiled a new programme to offset the emissions from government air travel, with public sector departments required to pay €26 for every tonne of CO2 towards domestic mitigation efforts.

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New Austrian coalition govt unveils climate plans, CO2 price for non-ETS sectors

Published 18:08 on January 2, 2020  /  Last updated at 23:10 on January 5, 2020  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

Austria’s new coalition government on Thursday unveiled a wide-ranging policy package that includes a domestic carbon price for non-EU ETS sectors and a higher climate levy for aviation, as the country strives for net zero emissions by 2040.

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