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California carbon market sells 100% of allowances, following court judgement
26 May 2017The California and Québec cap-and-trade programme sold all of its carbon allowance for the first time since 2015, after renewed optimism in the market following the recent court judgement in its favour.
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California carbon market sells just 16.6% of allocation
02 March 2017California and Québec's carbon market collapsed again, with just 12.4 million, 16.6%, of the 74.8 million tonnes of allowances available at the Cap-and-Trade Program sold at last month's auction, at the 'floor price' of $13.57 a tonne.
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US carbon markets start the year at 'crossroads'
13 January 2017Both carbon markets in the US, the California Cap-and-Trade Program and the North East's Regional Greenhouse Gas Initiative (RGGI), enter 2017 at a crossroads, according to one industry expert.
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EU ETS needs further reform to prevent drastic price falls
04 January 2017Ambitious reform is urgently needed to rescue the EU Emissions Trading Scheme (ETS) from further falls in prices, which some analysts warn could sink as low as €2.50 ($2.60) a tonne by the end of 2017.
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EU ETS falls 17% on Brexit
24 June 2016The EU emissions trading system (ETS) opened 17% down today, as traders were stunned by the news that UK had voted to leave the trading block.
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Aviation emission allowances: prepared for take-off
05 February 2015Carbon is well and truly back on the agenda for the aviation sector in 2015. Airlines should prepare for the risk that the price of emission allowances could lift significantly in coming years, argue Louis Redshaw and Julien Dufour.
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How should the EU carbon market be redesigned?
04 February 2015A Market Stability Reserve (MSR) has been proposed to deal with the oversupply of allowances that has depressed prices and trading activity in the EU emissions trading system (ETS) in recent years. Several designs for the MSR have been proposed, with varying impacts on EUA prices, say analysts at ICIS Tschach Solutions in a new White Paper.
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EU ETS 'boosted' by 2030 clarity
24 October 2014The EU's 2030 framework gave a much-needed boost to the prospects of its beleaguered carbon market.