Carbon Pulse

Connecticut sent its revised RGGI regulation to install numerous post-2020 changes to a legislative committee on Monday after the state’s Attorney General’s office found the proposal legally sufficient, a state official confirmed to Carbon Pulse.

The California-Quebec current vintage auction settlement dipped from the WCI programme’s all-time high in May as entities sought additional discounts from lower secondary market prices this summer, results showed Tuesday.

Japan and the World Bank have signed an MoU on the Joint Crediting Mechanism (JCM), aiming to use the offset programme to pilot the emerging international carbon market under the Paris Agreement.

EUAs dipped early on Tuesday as a weak economic outlook weighed on the energy complex to push prices back towards last week's non-week low.

China passed legislation this week allowing local governments to impose taxes on the mining and production of a wide range of natural resources, including fossil fuels.

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The design of California’s mine methane capture (MMC) offset protocol may incentivise non-additional emission reductions and allow coal operations to run longer by improving profitability, researchers said in a new study.

EUAs climbed back towards €26 on Monday to leap back from last Friday’s nine-week low, albeit on thin trade affected by a UK public holiday.

The UK will contribute a further £720 million ($881 mln) to the Green Climate Fund, Prime Minister Boris Johnson announced at the ongoing G7 summit on Monday, doubling the country’s total contribution to the fund.

A daily summary of our news plus bite-sized updates from around the world.

Oregon Senate Democrats will look to amend the constitution next year to prevent Republicans from denying the majority party a quorum to conduct legislative business, a feat that helped sink the US state's WCI-modelled cap-and-trade proposal this summer.

California regulator ARB’s proposal to implement a firm maximum price and borrowed credits mechanism in the state’s Low Carbon Fuel Standard (LCFS) has generated further suggestions to treat multiple crediting pathways fairly and improve environmental integrity, according to public comments.

EUAs fell to a nine-week below €25 on Friday amid ongoing technical weakness that has seen carbon defy its historical August gains.

Closing prices, ranges and volumes for China's regional pilot carbon markets this week.

New Zealand carbon allowances ended the week on a strong note, climbing 1% to hit their highest levels since late June on healthy demand.

Oil and gas firm Woodside Burrup was the biggest recipient of new Australian carbon offsets this week, earning A$1.1 million worth of credits for a tree-planting project.

A daily summary of our news plus bite-sized updates from around the world.

Connecticut’s revised RGGI regulation to implement the regional carbon market's post-2020 Model Rule changes will not be heard as planned next week by a legislative committee and could face additional delays, a state official told Carbon Pulse.

US biofuel credit prices (RINs) rose for a third straight day on Thursday on news that President Donald Trump’s administration was continuing to explore options to address the fallout from Renewable Fuel Standard (RFS) compliance waivers handed out this month.