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CDM board delves deeper into voluntary market to save its struggling scheme

Published 19:24 on February 27, 2017  /  Last updated at 19:24 on February 27, 2017  /  Africa, Asia Pacific, Aviation, China, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

The CDM’s executive board has decided to reach out to companies involved in voluntary offsetting and wider corporate responsibility efforts in an attempt to shore up more appetite for CERs, which continue to languish below €0.30 amid scarce demand.

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IMO protests EU lawmaker efforts to backstop shipping emission curbs

Published 20:52 on January 9, 2017  /  Last updated at 20:52 on January 9, 2017  /  Aviation, Climate Talks, EMEA, EU ETS, International, Shipping  /  No Comments

The head of UN shipping body IMO has written to EU leaders warning that moves by the bloc to curb the sector’s emissions, should a global deal falter, risk undermining those negotiations.

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EU’s top court rules regulation of Swiss flights under EU ETS is legal

Published 11:40 on December 21, 2016  /  Last updated at 11:40 on December 21, 2016  /  Aviation, EMEA, EU ETS, International, Switzerland  /  No Comments

The EU is not obligated to treat equally under its ETS flights between Switzerland and the bloc and those to and from countries outside of Europe, the bloc’s top court ruled Wednesday, upholding the opinion of one of its advisors and ensuring Swiss aviation emissions stay regulated by the scheme.

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EXCLUSIVE: Is China backtracking on UN aviation carbon market deal?

Published 00:54 on December 13, 2016  /  Last updated at 01:02 on December 13, 2016  /  Americas, Asia Pacific, Aviation, China, China's National ETS, China's Offset Market, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

China wants assurances including that its airlines can use domestic carbon offsets to meet obligations under the UN’s global aviation carbon market, a senior government official said Monday, revealing that his country was not yet fully in support of the ICAO deal despite having signed it two months ago.

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“Logical” for EU to extend suspension of extra-European flights from ETS -EU official

Published 15:58 on November 16, 2016  /  Last updated at 19:25 on November 17, 2016  /  Aviation, Climate Talks, EMEA, EU ETS, International  /  No Comments

It would be “logical” for the EU to extend its suspension of extra-European aviation emissions from regulation under its carbon market for several years, at least until ICAO’s global scheme is able to be evaluated, the EU’s top climate official said on Wednesday.

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EXCLUSIVE: MEPs back raiding aviation’s free carbon allowances to help EU industry

Published 16:33 on November 15, 2016  /  Last updated at 20:03 on November 15, 2016  /  Aviation, EMEA, EU ETS  /  No Comments

European lawmakers across several major political groupings want to slash the number of carbon allowances airlines get for free under the EU ETS and transfer the tens of millions of units to industry, a senior MEP told Carbon Pulse.

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BRIEFING: How President Trump’s climate policy axe may fall

Published 20:23 on November 14, 2016  /  Last updated at 16:36 on November 15, 2016  /  Americas, Aviation, Climate Talks, International, New Market Mechanisms, US  /  No Comments

Now that the dust has settled following Tuesday’s US election and a climate change sceptic has been put in charge of the EPA, it’s becoming ever clearer that US climate efforts will be one of the main policy areas to be targeted by a Trump presidency and all-Republican legislature.

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CDM board eyes batch of recent climate deals in hunt for new demand sources

Published 17:21 on November 9, 2016  /  Last updated at 22:48 on November 9, 2016  /  Aviation, Climate Talks, International, Kyoto Mechanisms, Shipping, Voluntary Market  /  No Comments

The CDM Executive Board at its latest meeting continued to hunt for potential sources of future demand, eyeing the recent aviation, shipping and HFC deals as well as a potential increase in voluntary cancellations of CDM offsets.

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Business, investors detached from international carbon trade as obstacles stack up

Published 14:18 on October 19, 2016  /  Last updated at 10:10 on October 31, 2016  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Shipping  /  No Comments

The cost-saving benefits of international carbon trade remain largely theoretical as a lack of ambition, political will and clarity over rules limit the opportunities for businesses and investors.

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CARBON FORWARD: ICAO offset demand seen huge, but credit quality counts

Published 19:40 on October 14, 2016  /  Last updated at 19:48 on October 14, 2016  /  Americas, Asia Pacific, Aviation, China, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, US, Voluntary Market  /  No Comments

Following last week’s ICAO agreement over its new global offsetting scheme for airlines, attention by many has now shifted to the finer details such how corporate strategies will have to change and what eligibility criteria will be applied to carbon credits.

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