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Future of global carbon markets rests on China success -survey

Published 10:00 on May 22, 2018  /  Last updated at 09:03 on May 22, 2018  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, US, Voluntary Market  /  No Comments

The future of emissions trading globally rests on whether China’s carbon market is deemed a success by the international community.

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UN adds more Paris rulebook talks as higher CO2 prices raise demand hopes

Published 18:56 on May 10, 2018  /  Last updated at 07:49 on May 11, 2018  /  Americas, Asia Pacific, Aviation, Canada, China, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Governments have agreed to hold an extra week of negotiations on international emissions trade and other rules under the 2015 Paris Agreement, as two weeks of UN climate talks in Bonn ended Thursday yielding little progress.

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EU announces aviation allowance auction dates for 2018

Published 17:25 on May 7, 2018  /  Last updated at 01:27 on May 8, 2018  /  Aviation, EMEA, EU ETS  /  No Comments

The European Commission on Monday announced the long-awaited dates for 2018’s EU aviation allowance auctions.

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Canadian firm foresees international expansion for Alberta’s land-based offset protocols

Published 20:27 on May 2, 2018  /  Last updated at 00:12 on May 3, 2018  /  Americas, Aviation, Canada, International  /  No Comments

New global carbon markets and heightened consumer and corporate interest will bolster international demand for land-based offset projects developed in Alberta, despite concerns about environmental integrity, Canadian environmental consultants said on Wednesday.

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California-based consultant rejoins emissions trading group IETA

Published 17:55 on April 30, 2018  /  Last updated at 17:55 on April 30, 2018  /  Americas, Aviation, Bavardage, Canada, International, New Market Mechanisms, US  /  No Comments

A California-based consultant has rejoined IETA to work on the emissions trading association’s growing US and international research efforts.

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IMO adopts deal to cut shipping emissions at least 50% by 2050

Published 15:49 on April 13, 2018  /  Last updated at 16:14 on April 24, 2018  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, EU ETS, International, Shipping  /  No Comments

Governments at the International Maritime Organisation (IMO) on Friday adopted an initial strategy to address international shipping emissions, including setting a 2050 target to cut emissions by at least 50% under 2008 levels.

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Offset restrictions needed to ensure CORSIA integrity, spur new project investment -study

Published 22:28 on March 22, 2018  /  Last updated at 12:34 on March 23, 2018  /  Americas, Asia Pacific, Aviation, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

In the absence of any eligibility restrictions, ICAO’s CORSIA offset scheme may not be able to deliver sufficient emissions reductions in aviation by using CERs, according to a study released Thursday.

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UN floats draft rulebook for international emissions trade, keeps CERs on the table

Published 17:03 on March 16, 2018  /  Last updated at 17:03 on March 16, 2018  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

UN officials on Friday released a draft paper to help guide governments working on a year-end deadline to finalise rules on international emissions trade under the Article 6 of the Paris Agreement.

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US voices support for UN’s CORSIA aviation scheme, quelling some worries

Published 15:37 on March 12, 2018  /  Last updated at 21:44 on March 13, 2018  /  Americas, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, US, Voluntary Market  /  No Comments

The US has voiced its support for the UN’s international aviation offset scheme and its draft rules, diminishing fears that the Trump administration would try to water down or decline to initially partake in the mechanism to tackle the sector’s growing impact on climate change.

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Norway seeks later CORSIA offset cut-off, vows non-cooperation if deal weakened

Published 18:44 on March 8, 2018  /  Last updated at 15:22 on April 24, 2018  /  Aviation, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Norway is seeking an even later CORSIA offset vintage limit than that of the EU and has suggested it won’t participate in the remaining work to design the international aviation carbon market if the proposed rules are watered down any further.

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