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Spain-based utility Iberdrola reported a 22% hike in its remaining ETS-regulated thermal output over Q1 as gas-fired production replaced hydro, the company said in financial results on Thursday.

Carbon prices in South Korea’s emissions trading scheme rose to all-time highs on Thursday as the ongoing supply drought continued to push up prices.

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

California regulator ARB defended its decision to maintain the current emissions cap trajectory of its WCI-linked ETS to 2030, despite confirming that there were more than 218 million surplus …

Oregon’s proposed cap-and-trade scheme would be undersupplied from day one and would absorb more than 40 Mt from the wider WCI market over the next decade if legislation currently on the table is …

A new Climate Action Reserve (CAR) protocol aims to reduce costs for voluntary urban forestry projects, but the methodology would have to demonstrate success and pass other regulatory hurdles to …

Prince Edward Island’s Progressive Conservative party won the right to form a minority government in Tuesday’s election, but a historic showing by the Greens offers the possibility of changing …

Privately-held Czech company EPH will purchase two Northern Ireland thermal plants from US firm AES, consolidating its position as the second biggest emitter in the EU ETS.

California regulator ARB distributed 125,900 California Carbon Offsets (CCOs) this week, in the lightest issuance of the year to date.

California regulator ARB distributed 125,900 California Carbon Offsets (CCOs) this week, in the lightest issuance of the year to date.