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TOP STORY
EU carbon prices have likely seen the bulk of the appreciation expected from upcoming supply-slashing market reforms, analysts forecast, with most predicting that EUAs would now sit tight and trade within sight of existing levels through 2023.
ASIA PACIFIC
Limiting NZU positions or purchase volumes and requiring all transactions to go through an exchange are among the options considered by the New Zealand government as it plans to strengthen the governing regulations of its emissions trading scheme.
Developing offsets from so-called blue carbon projects will play an important role in China’s efforts to meet its climate targets, and the country is also pushing for crediting sinks created by the farming of bivalves and other ocean life forms.
AMERICAS
Speculative firms added to their California Carbon Allowance (CCA) positions over the week as prices hit a fresh record high, but the week-on-week changes revealed…
