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COP24 sees historic agreement on Paris rulebook, but work remains
17 December 2018A historic agreement on the rules that will govern the Paris Agreement has been sealed at the Katowice climate change conference (COP 24), but countries failed to agree changes to strengthen emissions trading schemes.
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EU carbon update, 25 June 2018
25 June 2018High auction volumes are likely to limit further gains in the price of EU Allowances this week, says Louis Redshaw.
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VCS becomes Verra as it seeks to capture sustainable development opportunity
20 February 2018The Verified Carbon Standard (VCS) has changed its name to Verra as it aims to capture growing demand for sustainable development and environmental standards with the launch of new products.
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EU ETS reforms win parliamentary approval
07 February 2018The European Parliament has voted by a large majority to formally approve the provisional agreement reached in November on post-2020 reform of the EU Emissions Trading System (ETS).
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"Non-breakthrough" COP23 to make progress on Paris rulebook
03 November 2017The main achievement expected at the Bonn climate conference starting on Monday is progress on preparing a 'rulebook' that will lay out how to implement the Paris Agreement.
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Investors and industry hail extension of California carbon market
19 July 2017A bipartisan vote to extend California's cap-and-trade carbon market to 2030 has been welcomed by a range of investors and industries.
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Populism threatens action on climate change, warns Ieta
24 May 2017The rise of populist political movements around the world "are a threat to action on climate change," according to the International Emissions Trading Association (Ieta).
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California carbon price jumps following judgment
10 April 2017The price of carbon in California shot up 4% in a day following the state's Court of Appeal judgment that the floor price of the cap-and-trade programme auctions did not constitute a tax.
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MEPs support for EU ETS could treble carbon price
15 February 2017Members of the European Parliament (MEPs) have agreed to strengthen the EU Emissions Trading Scheme (ETS) in a move which one analyst said has the potential to triple allowance price forecasts for 2020.
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Ship owners and NGOs object to EU ETS reform proposals
19 December 2016A proposed revision of the EU's pioneering Emissions Trading System (ETS) is facing strong opposition from ship owners and some environmental NGOs.