California sets 20-mth high with 11.2 mln new offsets, as Quebec issues first credits since July
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.
Read MoreMexico’s Baja California legislature approves carbon tax
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.
Read MoreCarbon consultancy offering ‘Corona Credits’ to offset emissions reduced by global virus lockdown
*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.
Read MoreMexico targets Q4 for publishing compliance offset protocols
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.
Read MoreEmissions trading expands globally on more climate ambition -report
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.
Read MoreMajor climate conference nixed over coronavirus
A major annual climate change conference scheduled for late May has been cancelled over the coronavirus crisis.
Read MoreCalifornia offset issuance hits 2020 high on forestry project strength
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.
Read MoreNorth American Carbon World conference cancelled on coronavirus caution
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.
Read MoreCalifornia divvies out 277k offsets, reduces invalidation on 1 mln
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.
Read MoreNearly half of global GDP could soon be subject to net zero emission targets -report
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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