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ANALYSIS: Glasgow could be a ‘game-changer’ for fossil fuel subsidies

Published 15:19 on November 17, 2021  /  Last updated at 15:19 on November 17, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

Language on fossil fuel subsidy reform in the decision of the COP26 UN climate conference was dismissed by some as another empty promise, but others believe it could pave the way for drastic cuts in government support for oil, gas, and coal.

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NZ utility wants new entity to operate and shut down thermal power assets

Published 09:11 on November 15, 2021  /  Last updated at 00:52 on November 20, 2021  /  Asia Pacific, EMEA, International, New Zealand, Other APAC  /  No Comments

New Zealand can reach 100% renewable-powered electricity by 2030 in the most cost-effective and market friendly way if it establishes a special entity to facilitate the retirement of the country’s thermal generation assets, a report released on Monday by a New Zealand power provider claimed.

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COP26: Reactions to the Glasgow Climate Pact and a summary of other major announcements

Published 23:57 on November 13, 2021  /  Last updated at 01:12 on November 14, 2021  /  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, UK ETS, US, Voluntary Market  /  No Comments

Here are selected expert reactions to the Glasgow Climate Pact, which was concluded at the UN COP26 summit late Saturday, as well as a summary of the major announcements made during the two-week talks.

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COP26: REDD+ moving ahead of Article 6, but questions remain on approach, integrity

Published 21:03 on November 12, 2021  /  Last updated at 11:38 on November 15, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Zealand, REDD, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

REDD+ outcomes approved and tracked by the UN are moving ahead of Article 6 negotiations under the Paris Agreement, although others are pursuing alternative approaches or calling for restrictions to ensure the environmental integrity of global carbon trading.

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COP26: Roundup for Day 10 – Nov. 11

Published 07:58 on November 11, 2021  /  Last updated at 21:48 on November 13, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

Climate talks in Glasgow carry on, with negotiators having just two more full days to agree on texts before entering the more or less obligatory overtime. Check in here for the latest news and updates throughout the day.

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COP26: Roundup for Day 9 – Nov. 10

Published 06:42 on November 10, 2021  /  Last updated at 21:48 on November 13, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, 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, UK ETS, US, Voluntary Market  /  No Comments

Midway through the second week of COP26, and much is still left to be done. We follow the latest developments here and update continually throughout the day.

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$100/tonne CO2 tax would have minor impacts in most OECD countries -study

Published 20:53 on November 9, 2021  /  Last updated at 20:53 on November 9, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, South & Central, South Korea, Switzerland, US  /  No Comments

A sudden global $100/tonne carbon tax would lower GDP by only 1-2% in most middle-to-high-income nations, but the effects would be more pronounced in carbon-intensive emerging economies such as Russia, South Africa, and India, according to new research.

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COP26: Democratic Congressional delegates tout US climate leadership amid domestic headwinds

Published 20:34 on November 9, 2021  /  Last updated at 20:34 on November 9, 2021  /  Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

A collection of Democratic lawmakers, led by House Speaker Nancy Pelosi, arrived at the COP26 talks on Tuesday to rekindle trust in US climate leadership, but a bleak legislative and policy landscape at home and poor track record in global cooperation are raising doubts.

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COP26: WCI jurisdictions to explore possible carbon market alignment with New Zealand

Published 16:33 on November 9, 2021  /  Last updated at 16:33 on November 9, 2021  /  Americas, Asia Pacific, Canada, Climate Talks, International, New Zealand, US  /  No Comments

California, Quebec, and New Zealand on Tuesday signed a declaration promising closer collaboration on climate policy, with the WCI jurisdictions looking into greater alignment with the Pacific Island nation on their respective cap-and-trade programmes.

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COP26: Glasgow faces credibility gap with climate efforts falling short, report warns

Published 14:00 on November 9, 2021  /  Last updated at 11:54 on November 9, 2021  /  Americas, Asia Pacific, Australia, China, Climate Talks, EMEA, International, Japan, New Zealand, Other APAC, US  /  No Comments

The Glasgow climate conference faces a credibility, action, and commitment gap with the world heading for end of century warming of over 2C, even when taking into account the recent spate of net zero pledges by key economies, a report released on Tuesday said.

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