Carbon Pulse

Dutch plans for a carbon tax on heavy industry could soon spread to other EU nations, with governments seeking economy-wide GHG reductions starting to target the sector after years of flat emissions levels.

EU Allowance prices rose on Tuesday morning, extending the previous day's rebound as aggressive auction bidding supported.

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

Romania appears set to join a growing number of Eastern European in planning to shift away from offering utilities free carbon allowances next decade.

Oregon Governor Kate Brown (D) will look into executive and regulatory action to implement a WCI-modelled ETS if future legislative efforts fail to reach a compromise, she said Monday.

Twenty-two entities opened Compliance Instrument Tracking System Service (CITSS) accounts in the California carbon market during the second quarter as another two closed theirs, data from state regulator ARB showed on Friday.

An Oregon Democratic senator and key swing vote opposed the state's failed cap-and-trade bill because it would have treated businesses in her district unfairly and provided no benefit to low-income communities, the legislator told Carbon Pulse.

European carbon prices rebounded on Monday, re-testing the €27 level to kick off what might be the most plentiful auction week of the year.

Australia’s Clean Energy Regulator has cancelled contracts for nearly 900,000 carbon credits meant to be delivered to the government’s Emissions Reduction Fund from projects capturing methane from a NSW coal mine.

The Group of 20 major economies once again failed to agree a united line on tackling climate change on Saturday, but 19 nations held together despite US efforts to encourage others to join it in exiting the Paris Agreement.

The Oregon Senate voted Saturday morning to send the state’s WCI-modelled cap-and-trade bill back to committee, ending any hope that the proposal would pass during the session. A Carbon Pulse subscription is required to read the full article. Subscribe today to access our unrivalled news and intelligence, as well as our new premium content. Click […]

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

The Netherlands government on Friday announced plans to impose a carbon tax on industrial firms included in the EU ETS as part of its national climate strategy.

The Canadian environment ministry published a discussion paper on Friday for developing a federal offset programme for use under its ‘backstop’ output-based pricing system (OBPS), while it also finalised those regulations for the large emitter trading system and delayed draft regulations for the Clean Fuel Standard (CFS).

A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level taken this week, including Massachusetts approving long-term hydroelectric contracts, Maine renewable energy bills, a California bill targeting WCI offsets.

Oregon Senate Republicans will return to the legislature this weekend after receiving assurances from Democrats that the proposed WCI-modelled cap-and-trade programme will not move forward during the 2019 session, the party leader said Friday.

The Ontario Court of Appeals ruled Friday that Ottawa has the authority to impose its ‘backstop’ carbon pricing policy on the recalcitrant province, marking the second provincial court in as many months to rule in favour of the federal government on its landmark climate strategy.

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

German emitters slowed their EU Allowance buying in May as prices slipped, a government report published on Friday showed.

Finland will buy 130,000 Gold Standard CERs from developer South Pole to overcompensate for flight emissions during its upcoming six-month term holding the rotating EU Presidency.