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Coronavirus plagues South Africa carbon tax collections

Published 04:33 on April 3, 2020  /  Last updated at 02:07 on April 3, 2020  /  Africa, Carbon Taxes, EMEA, International, Kyoto Mechanisms  /  No Comments

The coronavirus crisis is introducing a number of problems for South Africa and its new carbon tax, including preventing emitters from registering to pay it, experts say.

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UPDATE – Colombia extends verification arrangements for carbon tax offset projects

Published 16:29 on April 2, 2020  /  Last updated at 00:44 on April 3, 2020  /  Americas, Carbon Taxes, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Colombia has prolonged temporary verification requirements for domestic offsets eligible for use against the South American nation’s carbon levy as the federal government continues work on its accreditation programme for in-country projects.

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Carbon consultancy offering ‘Corona Credits’ to offset emissions reduced by global virus lockdown

Published 09:05 on April 1, 2020  /  Last updated at 09:26 on April 1, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, China, China's Offset Market, 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, Voluntary Market  /  1 Comment

*FREE READ* – A new carbon consultancy is calculating the global greenhouse gas emissions being saved by people working from home due to the coronavirus outbreak, and it is packaging and selling the reductions as voluntary carbon offsets.

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Canada holds firm on ‘backstop’ CO2 tax increase amid coronavirus pandemic

Published 16:33 on March 31, 2020  /  Last updated at 16:46 on March 31, 2020  /  Americas, Canada, Carbon Taxes  /  No Comments

Ottawa will go ahead with Wednesday’s scheduled rise of its federal carbon levy, maintaining the revenue-neutral tax will financially benefit most Canadians at a time of economic turmoil due to the COVID-19 outbreak.

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Manitoba suspends provincial CO2 tax plan due to coronavirus pandemic

Published 14:37 on March 27, 2020  /  Last updated at 14:46 on March 27, 2020  /  Americas, Canada, Carbon Taxes  /  No Comments

Manitoba will delay the introduction of its proposed flat carbon levy and large emitter programme as the COVID-19 outbreak has caused the Canadian province to reassess its financial situation, Premier Brian Pallister said Thursday.

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British Columbia delays carbon tax increase amid coronavirus pandemic

Published 21:55 on March 23, 2020  /  Last updated at 00:37 on March 24, 2020  /  Americas, Canada, Carbon Taxes  /  No Comments

British Columbia will suspend next week’s CO2 levy price increase as the Canadian province rolls out a C$5 billion action plan to help businesses and residents affected by the COVID-19 coronavirus fallout, Premier John Horgan announced Monday.

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Alberta postpones large emitter deadline due to COVID-19, updates offset protocols

Published 15:40 on March 23, 2020  /  Last updated at 01:04 on March 24, 2020  /  Americas, Canada, Carbon Taxes  /  No Comments

The Alberta environment ministry on Friday pushed back the true-up deadline for the Canadian province’s outgoing Carbon Competitiveness Incentive Regulation (CCIR) in light of the ongoing coronavirus pandemic, while the department also updated a compliance offset protocol and removed several other inactive methodologies.

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EU should expand ETS to neighbours to avert treaty clash, says energy watchdog

Published 20:56 on March 20, 2020  /  Last updated at 20:56 on March 20, 2020  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

The EU should extend the ETS to its eastern neighbours rather than imposing a carbon border adjustment that risks breaching a longstanding treaty linking energy markets, the head of the region’s energy watchdog told Carbon Pulse on Friday.

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S. Korea ruling party flags net zero target, carbon tax ahead of April elections

Published 11:47 on March 18, 2020  /  Last updated at 12:15 on March 18, 2020  /  Asia Pacific, Carbon Taxes, South Korea  /  No Comments

South Korea’s ruling Democratic Party has included a 2050 net zero emissions target and a new carbon tax as part of its platform ahead of next month’s parliamentary election, moves that would significantly increase the country’s climate ambitions.

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UK again eyeing carbon tax as post-Brexit alternative to trading scheme

Published 15:06 on March 11, 2020  /  Last updated at 00:50 on March 12, 2020  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

The UK will in the coming months launch a consultation on a new tax as a post-Brexit carbon pricing alternative to an ETS, the government announced as part of its annual budget on Wednesday, while keeping the country’s domestic carbon levy on power generation frozen for another year.

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