Climate Action Reserve salvaging Ontario grassland protocol with voluntary Canadian initiative
Offset registry Climate Action Reserve (CAR) is aiming to finalise its voluntary Canadian grassland offset protocol this fall after the Ontario government cancelled the entity’s WCI contract earlier this year, and the methodology could still be used in federal or provincial-run compliance markets.
Read MoreUS presidential candidate Sanders sets out energy decarbonisation by 2030, $200 bln GCF contribution
US Senator and 2020 Democratic presidential candidate Bernie Sanders unveiled Thursday his wide-ranging environmental plan modelled on the Green New Deal, aiming to decarbonise the country’s energy supply over the next 10 years and ramp up America’s international climate commitments under the UN Paris Agreement and Green Climate Fund (GCF).
Read MoreCARBON FORWARD 2019 – EU renewable credit prices stumble ahead of France auction debut
**THIS IS A FREE ARTICLE** – The 4th annual Carbon Forward conference & training day features key insights from environmental markets experts.
Read MoreCanadian Conservative climate plan seen missing Paris target by nearly 200 Mt -report
The Canadian federal Conservatives’ climate plan would take the country even further off its Paris Agreement GHG target by scrapping or altering a variety of CO2 pricing and clean fuel measures and replacing them with negligible or difficult-to-measure initiatives, according to a new policy brief.
Read MoreCARBON FORWARD 2019 – Stick or twist: investors came to the EU ETS, but will they go?
**THIS IS A FREE ARTICLE** – The 4th annual Carbon Forward conference & training day features a dedicated stream focused on the EU carbon market from an investor perspective.
Read MoreProvincial offset protocol list for Canadian OBPS could be delayed till fall, sources say
The Canadian government may push back releasing a list of provincial offset protocols eligible under the federal ‘backstop’ output-based pricing system (OBPS) due to delays with several jurisdictions, sources told Carbon Pulse.
Read MoreVietnam to introduce pilot carbon tax for power, cement production
Vietnam is planning to launch a two-year pilot carbon tax for thermal power generation and cement production across four provinces as it steps up market-based efforts to stymie its rapidly rising greenhouse gas emissions.
Read MoreBritish Columbia finance committee calls for review of carbon tax
The British Columbia Assembly should review its C$40/tonne carbon price as part of a comprehensive evaluation of the Canadian province’s taxation system, a legislative committee said on Wednesday.
Read MoreAlberta carbon tax lawsuit honing in on national concern argument
Alberta’s lawsuit against the federal ‘backstop’ CO2 tax will focus more closely on the national concern branch of the Canadian constitution than previous Conservative-led legal challenges, while also arguing that strategies other than a minimum carbon pricing standard can drive GHG reductions.
Read MoreWashington state CO2 taxes could have disrupted stock prices without other safeguards -study
Failed efforts to impose a carbon tax in Washington state would have likely exerted significant financial pressure on downstream firms in the Pacific Northwest state by creating a stranded asset risk, according to new research.
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