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Bluesource hires carbon market expert to drive business development

Published 00:06 on October 11, 2018  /  Last updated at 00:06 on October 11, 2018  /  Americas, Asia Pacific, Bavardage, Canada, China, US, Voluntary Market  /  No Comments

Project developer and advisory firm Bluesource has hired a carbon market and renewable energy expert to drive its voluntary offset business.

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ACCU prices seen steady despite increased demand due to rising emissions

Published 12:27 on October 10, 2018  /  Last updated at 01:10 on October 11, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s rising emissions could add to carbon credit demand from emitters regulated by the Safeguard Mechanism, but a repeat of last year’s price spike is unlikely as the market is better prepared this year, according to an expert.

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Indonesia to weigh carbon market options for power, industry

Published 11:08 on October 10, 2018  /  Last updated at 08:43 on October 16, 2018  /  Asia Pacific, Carbon Taxes, Other APAC  /  No Comments

Indonesia will next month weigh four carbon pricing options to help meet its Paris obligations, including a full-fledged emissions trading scheme for its power and industry sectors.

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NZ Market: NZUs inch up to new record highs on small volumes

Published 11:48 on October 8, 2018  /  Last updated at 23:48 on October 8, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances hit a new all-time high on Monday, although it was on small trades reflecting the shortage of available supply in the market.

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Australia’s NT to see 40% emissions rise from major Inpex LNG project

Published 11:39 on October 8, 2018  /  Last updated at 23:50 on October 8, 2018  /  Asia Pacific, Australia  /  No Comments

When Japan-headquartered oil firm Inpex launches the two tranches of its Ichthys gas field this year and next, Australia’s Northern Territory will see its annual GHG emissions rise by over 40%, putting the nation further off track to meet its Paris Agreement obligations.

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Vietnam signals revision to Paris pledge to pave way for huge emissions growth

Published 11:30 on October 8, 2018  /  Last updated at 23:21 on October 8, 2018  /  Asia Pacific, Other APAC  /  No Comments

Vietnam has become among the first countries to signal it will adjust its Paris pledge at December’s climate talks, a change that would enable the rapidly-developing country to emit tens of millions of tonnes in additional GHGs by 2030 compared to its previously commitment.

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IPCC issues sternest warning yet on need for major emission cuts

Published 09:56 on October 8, 2018  /  Last updated at 22:24 on October 8, 2018  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International  /  No Comments

The world must cut CO2 45% below 2010 levels by 2030 and achieve net zero emissions by mid-century if it is to stand a chance of limiting global warming to 1.5C, the Intergovernmental Panel on Climate Change (IPCC) said Monday in a report highlighting the far-reaching differences in impact between 1.5C and 2C of warming.

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Big forest projects push up Australia’s weekly offset issuance to 300k

Published 09:13 on October 5, 2018  /  Last updated at 09:13 on October 5, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator doled out 297,582 carbon credits this week as big issuances to some forest projects pushed volumes up above average levels.

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As CORSIA doubts persist, developers push ‘future-proof’ carbon projects to airlines

Published 21:42 on October 4, 2018  /  Last updated at 21:43 on October 4, 2018  /  Americas, Asia Pacific, Aviation, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Developers are focusing on investing in and promoting carbon-cutting projects they think most likely to be eligible under the CORSIA aviation offset scheme, in an effort to encourage airlines to buy the units ahead of rules being finalised.

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NZ Market: NZUs remain rangebound amid lack of news on price ceiling

Published 09:36 on October 4, 2018  /  Last updated at 09:36 on October 4, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances remain near record highs, but continue to sit in a tight range while traders await news on the fate of the NZ$25 fixed price option.

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