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Tax CO2 from largest emitters $75/t by 2030 to avoid 2C temperature rise, says IMF

Published 01:22 on October 11, 2019  /  Last updated at 01:38 on October 11, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, Carbon Taxes, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US  /  No Comments

A global temperature rise of 2 degrees C could be avoided if large emitting countries collectively adopt a carbon tax of $75/tonne by 2030, as well as other ambitious actions, according to a report by the International Monetary Fund.

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Ontario slow to implement climate plan -report

Published 22:20 on October 10, 2019  /  Last updated at 00:02 on October 11, 2019  /  Americas, Canada, Carbon Taxes, US  /  No Comments

Ontario’s Progressive Conservative government has dithered on rolling out the climate plan it unveiled nearly a year ago, with weaker industry carbon pricing standards and no progress on an emission reduction fund underscoring those delayed efforts, according to a report published Thursday.

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German cabinet approves tweaked climate package, sending it to parliament

Published 22:47 on October 9, 2019  /  Last updated at 23:37 on October 9, 2019  /  Aviation, Carbon Taxes, EMEA, EU ETS, International  /  No Comments

Germany’s ministerial cabinet on Wednesday approved the government’s new €54 billion climate plan after making a few tweaks, sending the proposals to tackle non-EU ETS emissions for passage by parliament and state lawmakers.

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Ireland outlines path to raise carbon tax to €80/tonne by 2030

Published 00:18 on October 9, 2019  /  Last updated at 00:49 on October 9, 2019  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

Ireland’s centre-right government on Tuesday released its 2020 budget, which includes an annual increase in the country’s carbon tax to help fund decarbonisation efforts.

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Low-cost EU airline emissions dive in September

Published 17:37 on October 7, 2019  /  Last updated at 17:37 on October 7, 2019  /  Aviation, Carbon Taxes, EMEA, EU ETS, International  /  No Comments

Two of Europe’s biggest low-cost airlines posted a month-on-month decline in their carbon emissions in September.

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New York grid operator to lean on new climate council in supporting CO2 price

Published 21:48 on October 3, 2019  /  Last updated at 23:23 on October 3, 2019  /  Americas, Carbon Taxes, US  /  No Comments

The New York Independent System Operator (NYISO) will seek support from a yet-to-be formed state council to help push a carbon price in the jurisdiction’s wholesale electricity market, a grid operator official said Thursday.

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EU pledges swift work on carbon border measures as US imposes tariffs

Published 21:32 on October 3, 2019  /  Last updated at 21:37 on October 3, 2019  /  Americas, Carbon Taxes, EMEA, EU ETS, International, US  /  No Comments

The European Commission will advance work on carbon border adjustments as part of its new programme of climate action, its incoming finance chief said on Thursday, reaffirming Brussels’ resolve as the US slaps fresh duties on European goods.

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Further clarity on Canadian grassland offset projects to come in 2020 -stakeholders

Published 22:18 on October 2, 2019  /  Last updated at 22:24 on October 2, 2019  /  Americas, Canada, Carbon Taxes, US, Voluntary Market  /  No Comments

The prospects for grassland-based offset projects throughout Canada could receive further clarity next year after this month’s pivotal federal election and several provincial developments, stakeholders said Wednesday.

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CARBON FORWARD 2019 – UK climate minister Duncan to deliver keynote speech

Published 11:13 on October 2, 2019  /  Last updated at 22:57 on October 2, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Bavardage, Canada, Carbon Taxes, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, 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, US  /  No Comments

**THIS IS A FREE ARTICLE** – Survive and thrive in carbon markets by joining us at the 4th annual CARBON FORWARD conference & training day where we will be joined by the pre-eminent experts to discuss a programme developed by environmental market experts and based on feedback from companies like yours.

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EZ does it: Declining CO2 price trajectory necessary to counter climate uncertainty -study

Published 22:47 on October 1, 2019  /  Last updated at 00:08 on October 2, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Carbon Taxes, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, South & Central  /  No Comments

Carbon prices should start high and decline over time to combat the environmental and economic cost of long-term inaction, according to research published Tuesday, advocating turning the conventional approach on its head.

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