Climate companies might not find solace in Canada following US elections, experts say

Published 23:27 on November 7, 2024  /  Last updated at 04:22 on November 8, 2024  / /  Americas, Canada, Carbon Taxes, US

Canadian cleantech tax credits and a favourable regulatory environment could lure US entrepreneurs to move north, but cohesive climate policy is under attack from Conservative opposition in the country, panellists said Thursday.

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UPDATE – Brazil’s Senate postpones vote on updated national ETS legislation

Published 02:06 on November 6, 2024  /  Last updated at 08:24 on November 6, 2024  / /  Americas, Carbon Taxes, Nature-based, South & Central, Voluntary

Brazil’s Senate on Tuesday postponed voting on a new compromise version of long-awaited national cap-and-trade legislation until next week.

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Canada slightly blunts emissions cap on oil and gas sector

Published 01:53 on November 5, 2024  /  Last updated at 01:53 on November 5, 2024  / /  Americas, Canada, Carbon Taxes, Voluntary

Canada opts for a marginally less stringent regulation of oil and gas emissions with compliance flexibilities in its draft regulations published Monday, targeting a 35% reduction in sector emissions by 2030.

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US ELECTIONS PREVIEW – PART 5: New chapter opens for EU climate diplomacy with fresh challenges, experts say

Published 19:15 on November 4, 2024  /  Last updated at 00:01 on November 5, 2024  / /  Americas, Carbon Taxes, CBAM, EMEA, US

The US presidential elections on Nov. 5 will open a new chapter for climate diplomacy in the European Union, whoever the winner is, with fresh challenges ahead, experts told Carbon Pulse.

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US ELECTIONS PREVIEW – PART 2: Close US Senate races in ex-RGGI states could shift balance of power in Congress

Published 17:55 on November 4, 2024  /  Last updated at 17:55 on November 4, 2024  / , , , , and /  Americas, Carbon Taxes, US, Voluntary

US Northeast and Mid-Atlantic RGGI member states that are Democrat strongholds are mostly expected to retain their trifecta status at the upcoming elections, presumably allowing for continued design and passage of carbon market programmes in 2025.

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US ELECTIONS PREVIEW – PART 1: Policy implementation hurdles constrain WCI market schemes across US West as elections near

Published 16:38 on November 4, 2024  /  Last updated at 16:38 on November 4, 2024  / , , , , and /  Americas, Canada, Carbon Taxes, Nature-based, US, Voluntary

US West Coast states envisioned additional emissions reduction policies in the past legislative year, but implementation challenges have placed Washington’s carbon market on the ballot, with close elections in Arizona and Nevada that could dictate the future of environmental policy at a state and federal level.

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Azerbaijan boosts decarbonisation target, considers carbon tax -media

Published 11:48 on November 1, 2024  /  Last updated at 12:04 on November 1, 2024  / /  Carbon Taxes, EMEA

COP29 host Azerbaijan has boosted its decarbonisation target and is considering the introduction of a carbon tax, said ministers at an Azerbaijani conference, according to local media.

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Second Australian CBAM consultation considers starting with cement, lime, and clinker

Published 08:55 on November 1, 2024  /  Last updated at 08:55 on November 1, 2024  / /  Asia Pacific, Australia, Carbon Taxes, CBAM

Sectors including cement, lime, and clinker would likely be the first to be covered under an Australian Carbon Border Adjustment Mechanism (CBAM), according to a government paper published Friday, though no final decisions have been taken.

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FEATURE: CBAM fourth quarterly report spooking EU importers, low compliance expected

Published 16:46 on October 30, 2024  /  Last updated at 10:44 on November 4, 2024  / /  Carbon Taxes, CBAM, EMEA

Many companies importing goods covered by the EU’s carbon tax will fail to report their actual emissions data in time for the European Commission Thursday deadline – as they struggle to navigate difficult reporting requirements, inconsistencies, and flaws in the policy, according to consultancies and businesses.

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UK puts billions towards carbon capture, nuclear, clean energy, and prepares for CBAM

Published 16:05 on October 30, 2024  /  Last updated at 16:05 on October 30, 2024  / /  Carbon Taxes, CBAM, EMEA, UK ETS

The UK government will put billions of pounds into carbon capture, utilisation, and storage (CCUS), nuclear power, hydrogen, renewables, zero-emission vehicles, and sustainable agriculture over the next fiscal year, and plans to introduce a carbon border tax on imports from 2027, Chancellor Rachel Reeves announced on Wednesday.

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