Carbon Auction Suggests Optimism Over Ontario San Francisco, 24 May (Argus) — The latest results from the Western Climate Initiative (WCI) carbon allowance auction indicate that industry officials are betting on the survival of Ontario's cap-and-trade program. The province, along with California and Quebec, sold all of the nearly 90.6mn vintage 2016 and 2018 allowances offered at a 15 May auction, according to results released yesterday by the state and provincial governments. That high level of demand at the auction comes just ahead of a 7 June election that could upend the nascent carbon market alliance. The opposition Progressive Conservative Party has threatened to do away with the cap-a

The International Gas Users Association (IGUA) will be hosting their Spring Seminar May 15th-17th in Quebec to discuss carbon markets and their role in Canada's low-carbon future. ClearBlue is a proud sponsor of this year's event . Michael Berends will be sitting on the Natural Gas Markets: Key Developments and Outlook Panel to discuss Ontario's Cap & Trade program. Leaders from Canada’s energy-intensive industries will share their vision for the future of heavy industry in a low-carbon future and explore the challenges and opportunities of carbon reduction for Canada’s trade-exposed sectors in the morning panel discussion. gas distribution and transmission representatives and carbon trading

The 2nd annual Ontario Cap & Trade Forum brought together top industry and government representatives to reflect on the first year of Cap & Trade in Ontario and discuss the future of carbon pricing in the province. ClearBlue Markets hosted a pre-conference workshop on “Carbon Fundamentals for Industry Participants” to share insight and expertise on carbon market mechanisms, current implementation of global and regional markets, and Cap & Trade essentials for Ontario and the WCI market. Following the workshop, ClearBlue's Michael Berends and Nicolas Girod presented in depth on the secondary market for Ontario capped participants. ClearBlue enjoyed sharing its experience and knowledge of carbo