INTERVIEW: Carbon taxes ‘work well in the power sector’, but not elsewhere
Outside of the power sector, carbon taxes are largely ineffective at driving decarbonisation when implemented on their own, according to an academic interviewed by Carbon Pulse.
Read MoreINTERVIEW: EU’s default emissions factors should be “avoided at all cost” by private sector
EU default values that convert business spend into Scope 3 emissions are outdated, inaccurate, and “need to be avoided at all costs” for firms doing mandatory reporting, according to the head scientist at a proprietary emissions factor database.
Read MoreCWNYC24: BRIEFING – LATAM governments diverge on key negotiating topics as COP29 looms
Latin American and Caribbean governments differed on UN climate conference flashpoints on Sunday in New York, less than two months from COP29 in Baku this November.
Read MoreCWNYC24: Colombia to launch ETS in ‘enrolment’ phase in 2025 -minister
Colombia’s ETS is set to launch in 2025, building upon recent momentum in the country’s years-long process, a top official told Carbon Pulse on the sidelines of Climate Week NYC on Sunday.
Read More‘Breakthrough’ as taxation comes under watch of EU climate chief, CBAM still unclear
With the European Commission’s new lineup it will be the EU’s climate action commissioner who will handle taxation policy, a move hailed as a “breakthrough” by a top official, although it is still unclear who will be in charge of the EU’s Carbon Border Adjustment Mechanism (CBAM).
Read MoreNova Scotia Liberals attempt to bring back cap-and-trade programme
The former premier of Nova Scotia introduced a bill that would re-install a provincial cap-and-trade programme, eying an end to the province’s compliance with the federal carbon levy.
Read MoreEU climate policy hasn’t caused carbon leakage, but risks remain -Bundesbank
EU climate policy, particularly the Emissions Trading System (ETS), has not yet triggered significant relocations of energy-intensive production abroad by German firms, according to a new report by the country’s monetary authority.
Read MoreFive takeaways for climate policy in the new European Commission
Commission President Ursula von der Leyen’s choice of portfolios for the EU’s new executive team in Brussels makes one thing abundantly clear: climate policy will be everybody’s business in the next five years.
Read MoreFEATURE: CBAM costs threaten to further decimate Ukrainian exports
Ukraine’s war-torn economy stands to bear some of the greatest strain from the full arrival of the EU’s Carbon Border Adjustment Mechanism (CBAM), imposing a new carbon fee on goods that account for one-fifth of Kyiv’s exports to the bloc – and billions in revenue.
Read MoreLATAM Roundup: Colombia proposes carbon tax hike, Brazilian markets press forward
Colombia continued its push to move past years of carbon pricing stagnancy, Brazil saw cause for optimism in its voluntary and compliance markets, and Microsoft went shopping for carbon removal (CDR) credits in Mexico during the week ending Sep. 15.
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