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California sets 20-mth high with 11.2 mln new offsets, as Quebec issues first credits since July

Published 22:34 on May 13, 2020  /  Last updated at 00:29 on May 14, 2020  /  Americas, Canada, Mexico, US, Voluntary Market  /  No Comments

California regulator ARB minted 11.2 million new credits this week in its highest single issuance since autumn of 2018, while Quebec’s environment ministry handed out its first compliance offsets in 10 months, according to data released Wednesday.

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Mexico’s Baja California legislature approves carbon tax

Published 22:51 on May 11, 2020  /  Last updated at 00:17 on May 12, 2020  /  Americas, Carbon Taxes, Mexico  /  No Comments

Lawmakers in Mexico’s Baja California have passed a proposal that will see the Pacific Coast state impose a new emissions levy at a higher rate than the federal CO2 tax.

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

Published 08:05 on April 1, 2020  /  Last updated at 08:26 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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Mexico targets Q4 for publishing compliance offset protocols

Published 20:48 on March 25, 2020  /  Last updated at 23:00 on March 25, 2020  /  Americas, Canada, Mexico, US, Voluntary Market  /  No Comments

Mexico will aim to release offset protocols for use under its ETS in the final quarter of 2020, with several methodologies under consideration, a government official said Wednesday.

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Emissions trading expands globally on more climate ambition -report

Published 18:29 on March 24, 2020  /  Last updated at 23:12 on March 24, 2020  /  Americas, Asia Pacific, Australia, Canada, China, China's National ETS, EMEA, EU ETS, International, Mexico, New Zealand  /  No Comments

Emissions trading systems covered just under 9% of the world’s total GHG emissions in 2020, increasing their global coverage as climate ambition grows and governments consider net zero emission targets, a report published on Tuesday found.

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Major climate conference nixed over coronavirus

Published 11:55 on March 19, 2020  /  Last updated at 11:55 on March 19, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

A major annual climate change conference scheduled for late May has been cancelled over the coronavirus crisis.

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California offset issuance hits 2020 high on forestry project strength

Published 21:22 on March 11, 2020  /  Last updated at 00:00 on March 12, 2020  /  Americas, Canada, Mexico, US, Voluntary Market  /  No Comments

California Carbon Offset (CCO) issuance attained the highest level so far this year as four existing forestry projects helped boost supply this week under the state’s WCI-linked ETS, according to data published Wednesday.

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North American Carbon World conference cancelled on coronavirus caution

Published 20:14 on March 9, 2020  /  Last updated at 21:15 on March 9, 2020  /  Americas, Aviation/CORSIA, Canada, Climate Talks, International, Mexico, REDD, RINs & LCFS, South & Central, US, Voluntary Market  /  No Comments

This year’s North American Carbon World (NACW) conference in San Francisco has been cancelled due to mounting concerns over the COVID-19 coronavirus, California-based offset registry Climate Action Reserve (CAR) announced Monday.

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California divvies out 277k offsets, reduces invalidation on 1 mln

Published 21:56 on February 26, 2020  /  Last updated at 22:21 on February 26, 2020  /  Americas, Canada, Mexico, US, Voluntary Market  /  No Comments

California regulator ARB granted 276,600 new offsets this week in the lowest issuance so far this year, while it cut the invalidation period on more than a million additional credits, according to data published Wednesday.

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Nearly half of global GDP could soon be subject to net zero emission targets -report

Published 03:32 on February 18, 2020  /  Last updated at 00:12 on February 19, 2020  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South Korea, US  /  No Comments

Governments representing 49% of the global economy have or are in the process of putting in place targets to reach net zero greenhouse gas emissions, a report showed.

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