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Tax CO2 from largest emitters $75/t by 2030 to avoid 2C temperature rise, says IMF

Published 01:22 on October 11, 2019  /  Last updated at 01:38 on October 11, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, Carbon Taxes, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US  /  No Comments

A global temperature rise of 2 degrees C could be avoided if large emitting countries collectively adopt a carbon tax of $75/tonne by 2030, as well as other ambitious actions, according to a report by the International Monetary Fund.

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Australia’s weekly offset issuance tops 460,000 credits

Published 09:45 on October 10, 2019  /  Last updated at 00:14 on October 11, 2019  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator issued over 460,000 carbon credits this week, surpassing 12 million offsets in 2019 as vegetation and waste projects continue to dominate the programme.

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Australia’s Woodside Energy signs carbon offset project deal

Published 15:03 on October 9, 2019  /  Last updated at 00:01 on October 10, 2019  /  Asia Pacific, Australia  /  No Comments

Oil and gas company Woodside Energy has teamed up with environmental firm Greening Australia to carry out a large-scale tree planting project that is expected to generate 1 million offsets over the next 25 years.

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Article 6 failure at COP25 could force bilateral carbon market links, experts say

Published 04:23 on October 9, 2019  /  Last updated at 00:48 on October 10, 2019  /  Asia Pacific, Australia, Climate Talks, International, New Zealand, Other APAC  /  No Comments

Failure to agree on rules for Article 6 at this year’s UN climate talks in Chile could see countries like Australia and New Zealand forging their own bilateral links to get access to the international credits they need to fulfil their Paris Agreement pledges, market experts warned Wednesday.

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ICAO moves toward long-term GHG goal, CORSIA launch despite opposition from 25 nations

Published 23:44 on October 4, 2019  /  Last updated at 20:23 on October 7, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

ICAO’s Assembly on Friday backed the progression of work on setting a long-term emissions target for aviation and to advance the UN body’s CORSIA global offsetting mechanism towards operationalisation, though a fifth of the countries in attendance voted against the two resolutions in a surprise secret ballot.

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CARBON FORWARD 2019 – UK climate minister Duncan to deliver keynote speech

Published 11:13 on October 2, 2019  /  Last updated at 22:57 on October 2, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Bavardage, Canada, Carbon Taxes, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US  /  No Comments

**THIS IS A FREE ARTICLE** – Survive and thrive in carbon markets by joining us at the 4th annual CARBON FORWARD conference & training day where we will be joined by the pre-eminent experts to discuss a programme developed by environmental market experts and based on feedback from companies like yours.

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Australia’s offset issuance drops to just above 100k

Published 09:59 on October 2, 2019  /  Last updated at 22:48 on October 2, 2019  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator this week issued slightly more than 100,000 carbon credits, with all the units awarded to vegetation-based projects.

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EZ does it: Declining CO2 price trajectory necessary to counter climate uncertainty -study

Published 22:47 on October 1, 2019  /  Last updated at 00:08 on October 2, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Carbon Taxes, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, South & Central  /  No Comments

Carbon prices should start high and decline over time to combat the environmental and economic cost of long-term inaction, according to research published Tuesday, advocating turning the conventional approach on its head.

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Australia’s EDL Energy earns 565,000 carbon credits in latest issuance

Published 10:22 on September 26, 2019  /  Last updated at 10:22 on September 26, 2019  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator swelled its carbon credit issuance to over 700,000 this week, with energy firm EDL earning the vast majority for emission cuts at a number of landfill sites.

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New South Wales coal mine ruling could spur offset interest

Published 13:12 on September 25, 2019  /  Last updated at 23:01 on September 25, 2019  /  Asia Pacific, Australia  /  No Comments

A decision by Australia’s New South Wales to reject a coal mine application partly over climate concerns might signal regulators’ intention to investigate offset options in the future, lawfirm Clayton Utz said Wednesday.

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