ECOSYSTEM MARKETPLACE: The high cost of Trump’s “money saving” Clean Power Plan repeal
US Environmental Protection Agency boss Scott Pruitt withdrew from the Obama era’s Clean Power Plan today, and he says it’s because the plan is an expensive, unfair, and unprecedented intrusion by government into energy markets. Ecosystem Marketplace’s Steve Zwick debunks his argument.
Read MoreCoherent decarbonisation: Pöyry presents Policy Coherence Mechanism to protect EU ETS from overlapping instruments
Pöyry presented today at the Carbon Forward 2017 conference a Policy Coherence Mechanism for the EU’s Emissions Trading Scheme (ETS). The proposal is intended to ensure that the effectiveness of the carbon market does not suffer amid calls to strengthen other instruments who also drive decarbonisation. Pöyry Management Consulting developed the mechanism to deal with policy overlaps in a structured and predictable manner on behalf of a consortium made up of the three largest Nordic utilities – Fortum, Statkraft and Vattenfall.
Read MoreALLCOT’s Voluntary Carbon Market Report – September 2017
After the summer break, activity is beginning to pick up again in the voluntary market, sources report.
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Read MoreENERGY AND MINES: How is carbon shaping energy for mines?
With insights from mining leaders at Fortescue Metals Group, Gold Fields, Teck Resources, and Avalon Advanced Materials, this article looks at how carbon is driving new energy choices for the global mining sector.
Read MoreCOMMENT: Brexit and the EU ETS – where do things stand?
UK consultant Richard Folland of Climate and Energy Associates sets the scene for how the upcoming Brexit negotiations will impact the EU ETS.
Read MoreECOSYSTEM MARKETPLACE: Leading scientists, lawyers challenge Trump on Social Cost of Carbon
Despite the Trump administration’s decision to withdraw the official estimate of the Social Cost of Carbon and disband the interagency working group that developed it, a group of prominent economists and lawyers have highlighted the metric’s continued validity for policymaking.
Read MoreCOMMENT: Locking down Europe’s climate target
Europe’s carbon budgets are becoming dangerously unmoored from the 2030 target they were meant to protect. New rules are urgently needed to course-correct Europe’s carbon budgets and emissions to control for Brexit, unregulated aviation emissions and other unanticipated threats, writes Damien Morris, director of consultancy Futureproof.
Read MoreECOSYSTEM MARKETPLACE: They’re back! Global alliance rallies around Republican plan for gradually-rising US carbon tax
In February, a group of prominent Republicans aligned with Ted Halstead’s fledgling Climate Leadership Council called for a nationwide carbon tax. Now the Council is back, with a formal charter, a diverse array of founding members, and a full page ad in today’s Wall Street Journal calling for a climate-change solution that “bridges partisan divides, strengthens our economy and protects our shared environment”.
Read MoreALLCOT’s Voluntary Carbon Market Report – June 2017
In this month’s issue, ALLCOT notes quieter market conditions as offset traders occupy themselves with preparing portfolio proposals for corporate clients rather than carrying out deals. Will this trend continue into Q3?
Read MoreCOMMENT: EU nations risk climate credibility with forest rules that would mask emission increases
Forest mitigation should be measured using a scientifically-objective approach, not allowing countries to hide the impacts of policies that increase net emissions, writes a group of environmental scientists led by Joanna House, a reader in environmental science and policy at the Cabot Institute, University of Bristol, UK.
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