by Lynn Floyd | Nov 7, 2018 | Market News
100 percent of companies in cap-and-trade program meet 2015-2017 compliance requirements SACRAMENTO – The California Air Resources Board (CARB) today announced that all businesses covered by the state’s cap-and-trade program have fully met their obligations for the...
by Lynn Floyd | Nov 7, 2018 | Market News
State cap-and-trade systems offer evidence that carbon pricing can work The latest UN Intergovernmental Panel on Climate Change report argues that carbon pollution must be cut to zero by 2050 to avoid devastating levels of climate change. Achieving that goal will...
by Lynn Floyd | Sep 4, 2018 | Market News
Carbon auction sellout raises $1.3 billion The August 14, 2018 joint California-Quebec carbon auction was the latest in a long line of successes for the carbon market. All 79,421,265 current vintage California Carbon Allowances (CCAs) sold at a settlement price of...
by Lynn Floyd | Sep 4, 2018 | Market News
Record-high supply and demand on voluntary carbon markets in 2017 According to a new report released by Ecosystem Marketplace, an initiative of the NGO Forest Trends, the supply of carbon credits on voluntary markets hit an all-time-high in 2017 of 62.7 million metric...
by Lynn Floyd | Feb 1, 2018 | Market News
Record $1.3B Revenue for California Carbon Auction Sellout California and Quebec released results today for the November 2017 auction which showed steady prices well above the floor for the second auction in a row. The November auction was also the second in a row to...
by Lynn Floyd | Jan 1, 2018 | Market News
$5 Billion Demand for North American Carbon Offsets California legislators have voted to extend the state’s cap-and-trade program until 2030. With the Canadian provinces of Quebec and Ontario joining in 2018, the Carbon Trust estimates nearly US$5 billion in new...