ANALYSIS: Ontario, Quebec’s offset rules development back on track, but concerns persist
Ontario and Quebec’s offset protocol development is back on track after a policy debate delayed around half of the 13 being designed, but concerns remain on the approach the provinces have decided to take.
Read MoreEconomic and legal headache would follow doubtful Ontario exit from WCI -experts
Although stakeholders believe that Ontario is unlikely to abandon its cap-and-trade programme should the Progressive Conservatives (PC) win the upcoming June provincial election, an exit from the WCI market could yield multiple economic and legal problems.
Read MoreRGGI to conduct second auction of 2018 on June 13
RGGI will hold its second allowance auction of the year on June 13, following March’s sold-out auction that featured a near two-year high in compliance-oriented purchasing.
Read MoreOntario unveils ‘open architecture’ framework for voluntary offset scheme
The Ontario government has released a framework for its voluntary offset programme, approving three quantification methodologies under an ‘open architecture’ approach that doesn’t limit project types.
Read MoreNew York grid operator floats scenarios for CO2 charge alongside RGGI
New York’s grid operator has floated options for how the state might apply a carbon price to the price of traded electricity in concert with RGGI, with one alternative requiring that power suppliers provide more data than is currently required.
Read MoreAlaska to consider carbon pricing as part of draft climate plan
The Alaska government produced a draft climate change policy this week that instructs the state to begin looking at how carbon pricing may help achieve the its climate goals, though the text remained sparse on details.
Read MoreNew Jersey legislature passes renewable energy and zero emissions bills
The New Jersey Assembly and Senate approved two bills on Thursday to expand the state’s Renewable Portfolio Standard (RPS) for conventional and solar renewable energy, as well as establishing a Zero Emission Certificate (ZEC) programme aimed at supporting struggling nuclear plants.
Read MoreNA Markets: Prices lift as trade picks up after conference
Prices on both coasts increased moderately this week and trading activity picked up in the as participants returned to their desks after the NACW industry conference.
Read MoreHawaii Senate passes carbon offset and sequestration-related bills
The Hawaii state senate on Tuesday approved two bills that would create a voluntary carbon offset programme and make permanent a task force designed to bolster carbon sequestration efforts in line with the state’s climate goals.
Read MoreCalifornia LCFS Roundup: ARB issues forklift credits, releases March data
California regulator ARB this week released Low Carbon Fuel Standard (LCFS) credits for electric forklift charging in 2017, while monthly data showed that prices sank as volume picked up in both the California and Oregon clean fuels standards in March.
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