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News and intelligence on carbon markets, greenhouse gas pricing, and climate policy
Updated: 42 min 36 sec ago
Vietnam prepares to slap CO2 targets on industry to meet Paris target
Vietnam is finalising a plan that will impose CO2 caps on all sectors of the economy and possibly on individual major emitters, the Ministry of Natural Resources and Environment (MONRE) said, though it remains unclear if the South East Asian nation will go for an emissions trading scheme or a carbon tax.
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CP Daily: Thursday April 5, 2018
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web
Biomass, industrial inclusion “hot-button issues” in Virginia’s RGGI plans
The regulated status of biomass and exclusion of certain industrial electricity providers are proving to be contentious "hot-button issues" in developing Virginia’s cap-and-trade programme, according to a state official.
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Hawaii carbon tax proposal dead, says lawmaker
Hawaii's carbon tax proposal will not go through in 2018, a state lawmaker told Carbon Pulse on Thursday, marking the latest sub-national US carbon pricing proposal to fail to muster enough legislative support this year.
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ExxonMobil voids another big batch of Colombian CERs against country’s carbon tax, almost doubling total
US oil major ExxonMobil continued its brisk pace of Colombian CER cancellations this week, annulling another huge batch against the country’s carbon tax.
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Manitoba opposition party threatens to delay province’s carbon tax
Manitoba’s NDP party has threatened to delay legislation to enact the province’s proposed carbon tax as it seeks to force the ruling conservatives to include measures to support low-carbon investment, the leader of the official opposition said Thursday.
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EU ETS reforms to only temporarily counter impact of overlapping policies -report
Recently-agreed EU ETS reforms will greatly reduce the carbon price-damping impact of overlapping policies until the mid-2020s, but will require further tweaking after that, according to new research.
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Australia’s NEG seen likely to make it past first hurdle
Australia’s proposed National Energy Guarantee (NEG) faces its first major test later this month when it will be put to state energy ministers, but expectations are growing that the policy will survive the meeting despite lingering concerns over what it is likely to achieve.
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UPDATE – EU Market: EUAs slide 3.2% to below €13 as weak auctions continue
EU carbon prices fell below €13 on Thursday as another lacklustre auction failed to tempt traders into betting on a quick rebound.
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CP Daily: Wednesday April 4, 2018
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web
California offset supply to swell through 2020 despite restrictions -analysts
The supply of California Carbon Offsets (CCOs) is forecast to balloon over the next few years regardless of looming post-2020 limitations on their use, according to analysts.
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