Climate Solutions Group

The Climate Solutions Group Blog

Jerry Brown and cap and trade

20

Jul 2017

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California Cap and Trade Extension Bolsters Carbon Markets

On July 17th, the California Senate and Assembly passed AB 398 with bipartisan support that extends the cap and trade system until 2030. This is good news for those participating in Ontario and Quebec carbon markets as the Bill notes in section 1(c) “action taken by California to reduce emissions of greenhouse gases will have […]

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California Supreme Court

03

Jul 2017

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California Supreme Court Solidifies Cap and Trade Program

After a four-year legal challenge, the California Supreme court declined to hear an appeal by business groups that believed the cap and trade program was equal to an unconstitutional tax. The case firmly establishes the legality of the cap and trade program and will provide regulatory certainty to emitters, carbon market ...

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canada flag

29

Jun 2017

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Happy Canada 150! – 150 Climate Change Solutions

Canada is officially turning 150 years old. We can all be proud of what we have accomplished and achieved as a nation, while at the same time acknowledging the need for improvement when it comes to climate action. The way Canadians use energy and interact with the environment has evolved extremely over the last 150 […]

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GHG Emissions

14

Jun 2017

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Ontario’s Second Cap and Trade Auction Results

The second Cap and Trade Auction, held on June 6th, completely sold out current (2017) emission allowances. 53.7% of future 2020 emission allowances were sold as well, which is more than double the amount that were sold in the previous auction. The Ontario Cap and Trade program is off to a solid start. The first […]

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cap and trade Vs. carbon taxes

14

Jun 2017

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Comparing Cap and Trade and Carbon Taxes

Check out our comparison of cap and trade and carbon tax legislation alternatives for Ontario.

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Cap and Trade Diagram

14

Jun 2017

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WCI Cap and Trade and Alberta’s Carbon Levy explained through diagrams

One critique of carbon markets and cap and trade programs is that they are complicated and difficult to understand. CSG has developed visual diagrams that help explain the complexities of two carbon market systems (1) the Western Climate Initiative (WCI) carbon market between California, Quebec and Ontario (when linked in 2018), and ...

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Forest Offset Project

14

Jun 2017

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Getting Ready for Ontario’s Carbon Offset Program: Offset Protocols

For Ontario to have a complete cap and trade system as contemplated in the Ontario government’s announcements, there are two significant elements left to be added. Those elements are (i) the creation of a link with California and Quebec and (ii) the creation of an Ontario offset system. This article deals with an important part ...

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CSG Product Offering

13

Jun 2017

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CSG’s New Offset Product Offering

The Climate Solutions Group Limited has created a structured offset product that will represent a proportionate share of the deliveries from a portfolio of offset contracts to be used by emitters to assist in satisfying compliance obligations in an efficient and economical manner. The offsets will be usable, as chosen by the GHG ...

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WCI Auction Results

26

May 2017

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What does the May 16th WCI auction mean for Ontario?

Strong results of the 11th Joint Auction between California and Quebec of the Western Climate Initiative (WCI) were announced by regulators on May 24th, 2017. The auction, held on May 16th, 2017, sold out current vintage allowances for the first time since November 2015. The WCI auction results are good news for Ontario. Why? The ...

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Ontario Cap and Trade Forum

09

May 2017

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Ontario Cap and Trade Forum: 10 Key Takeaways

The Ontario Cap and Trade Forum, held on April 26th and 27th in Toronto brought together government representatives, industry associations, regulated emitters, and a range of carbon market service providers who all share a stake in Ontario’s emerging carbon market. A number of presentations and panel discussions across two full ...

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