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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 09:26 on April 16, 2018  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, 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 09:10 on March 9, 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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UK airline appeals over £400k in EU ETS penalties dismissed

Published 00:37 on March 8, 2018  /  Last updated at 13:01 on March 8, 2018  /  Aviation, Bavardage, EMEA, EU ETS, International  /  No Comments

A UK-appointed adjudicator has rejected two more appeals from airlines over more than £400,000 in EU ETS fines, with one penalty being found to have resulted from the negligence of a London-based trading house.

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EU presses for CORSIA offset cut-off date if rulebook gets reopened

Published 16:32 on March 7, 2018  /  Last updated at 01:10 on March 9, 2018  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, REDD, Voluntary Market  /  No Comments

The EU has kept its pledge to accept the draft CORSIA rulebook without changes but has tabled a slew of demands, including an offset vintage limit, should UN body ICAO reopen the package.

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UN aviation body pushes back CORSIA comment deadline, say sources, as concerns mount

Published 15:40 on March 6, 2018  /  Last updated at 18:56 on March 6, 2018  /  Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, REDD, Voluntary Market  /  No Comments

UN aviation body ICAO is to give countries more time to respond to its draft rulebook for the CORSIA international offset market and may even postpone key decisions over eligible units for several years, sources told Carbon Pulse on Tuesday.

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SAVE THE DATE: Carbon Forward 2018 – Survive and thrive in the global carbon markets

Published 17:18 on March 2, 2018  /  Last updated at 17:18 on March 2, 2018  /  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, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Newsletter, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US, Views, Voluntary Market  /  No Comments

Don’t miss the 3rd annual Carbon Forward conference and training day. Spend two days with top experts, players, and decision-makers from the global carbon markets as they address today’s most attractive opportunities and pressing challenges. And join us for the EU ETS pre-conference training day organised by carbon market experts Redshaw Advisors, where you will learn how to effectively manage your carbon risk ahead of the looming overhaul of the bloc’s emissions trading scheme.

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‘Isolated’ EU nations willing to waive through CORSIA rulebook –EC official

Published 17:42 on February 20, 2018  /  Last updated at 09:44 on February 21, 2018  /  Americas, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

EU nations are prepared to waive through the draft rulebook for the CORSIA international offset market because they lack enough support to force changes, an EU official said on Tuesday.

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