NEWS

The Australian government is seeking feedback on draft legislation released Tuesday that looks to include emissions reductions as part of the country's National Energy Objectives (NEO).

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Thin demand and the impending roll of nearby standardised nearby futures contracts continued to weigh on the voluntary carbon market over the past week, although project specific fresher issued nature-based credits were still able to command a hefty premium.

The New York Climate Action Council overwhelmingly adopted the state’s final Scoping Plan on Monday, recommending that regulators implement an economy-wide cap-and-invest programme and consider a clean transportation standard in order to hit the state’s GHG reduction targets.