Carbon Pulse

An omnibus clean energy bill introduced by a Washington DC councilmember on Tuesday calls for the US capital to achieve a 100% Renewable Portfolio Standard (RPS) by 2032, but fails to include a carbon tax pushed for by campaigners this year.

The UNFCCC’s Clean Development Mechanism (CDM) has enjoyed great success in deploying more than $300 billion of investment into clean technology in developing countries around the world. But recent decisions by the UNFCCC risk alienating may of the companies whose activities support this mechanism and discriminate against smaller enterprises.

Ontario lawmakers have been recalled for a summer session to introduce "urgent legislation" to repeal the law that underpins the province's now-cancelled cap-and-trade scheme, the new Progressive Conservative government announced Tuesday.

EU carbon prices extended its one-month high on Tuesday as a heatwave-induced rally in European power prices continued to lend support.

California grasslands offer a better chance of sequestering carbon than forests under higher temperatures and more intense drought, which researchers say is critical for offset project developers and regulators to consider in meeting the state’s emission target.

The European Commission will launch a 12-week consultation early next week on revising its long-term low-carbon development strategy - a plan that might take as long as two years to finalise, the EU’s climate chief said Tuesday.

A UK court has dismissed an appeal filed by a dolime company over having to return almost 185,000 EU carbon allowances after it mothballed a plant in 2016.

The third RGGI auction of the year will take place on Sep. 5, the scheme's operators announced Tuesday, with the sale following June’s sold-out auction that surprised many by clearing several cents above market.

Fewer people believe China’s national carbon market will be fully operational this decade, a new survey has revealed, as policy risks and expectations of lower allowance prices fuel pessimism and hold back industry from making low-carbon investment.

New Zealand carbon permits rose to all-time highs for the third time this year in Tuesday trade as a dearth in available supply keeps pushing prices up.

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

Ontario carbon allowances held in WCI cap-and-trade accounts equal roughly 1% of the total number of permits held by California and Quebec entities, raising questions regarding the future of those units as well as the scheme’s overall emissions cap moving forward.

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EU carbon prices climbed above €16 for the first time in a month on Monday as power prices continued their heatwave-induced climb.

Reports that China has withdrawn from the voluntary first phases of the UN’s CORSIA aviation offsetting scheme are inaccurate, according to a representative of China’s delegation to ICAO.

New Ontario Premier Doug Ford should hold consultations on his plan for unwinding the province’s cap-and-trade programme and how that will affect Ontario's emissions reduction targets, according to the leader of the province’s environmental watchdog.

Environmental sleuths have tracked down what they believe is the location of a large illegal source of ozone-destroying emissions.

New Zealand fuel supplier Z Energy has bought nearly 60,000 voluntary carbon credits at prices higher than in the nation’s mandatory ETS to offset its operational emissions.

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