Just 6% of past voluntary carbon credit issuances likely to meet ICVCM’s CCP label -analysts
A little over 6% of historical credit issuances have a strong chance of receiving the CCP label by the Integrity Council for Voluntary Carbon Markets (ICVCM), with the tag potentially a more stringent marker of quality than CORSIA-eligible credits, according to market analysts.
Read MoreVCM Report: KSET liquidation sparks sell off in voluntary carbon spots and futures
Standardised voluntary carbon spot contracts for old CORSIA and related futures tumbled this week from already low levels, in the wake of asset manager KraneShares announcing it will liquidate its KSET exchange-traded fund.
Read MoreExchange to imminently launch CORSIA, REDD+ voluntary carbon futures
A Singapore-based exchange is expected to be ‘weeks away’ from launching two physically-settled voluntary carbon futures contracts, one focused on units eligible for the current phase of CORSIA, and the second on jurisdictional REDD+ credits.
Read MoreVoluntary registry releases draft North American biochar project protocol
A voluntary carbon market registry has released a North American biochar protocol for board consideration following a draft proposal accompanied by a public comment period.
Read MoreANALYSIS: Washington carbon allowance holdings in limbo as fate of cap-and-invest scheme heads to November ballot
With voters set to decide the fate of Washington state’s cap-and-invest programme this November, market participants are highlighting the uncertainty surrounding hundreds of millions of dollars in carbon allowance holdings that could be rendered worthless if the scheme is scrapped.
Read MoreSpeculators gear down North American carbon holdings, compliance builds length in CCAs, RGGI
Speculators reduced length across North American carbon markets while emitters added to California Carbon Allowance (CCA) and RGGI Allowance (RGA) net holdings, weekly data from the US Commodities and Futures Trading Commission (CFTC) showed on Friday.
Read MoreAlberta should support federal carbon contracts for difference, says former minister
Fossil fuel-producing Alberta cannot meet its net zero goals without carbon capture, utilisation, and storage (CCUS), but project proponents face uncertainty that can be remedied if the province helped cement a price for CO2, said the former Alberta minister of energy in a webinar Thursday.
Read MoreOffset project developer to acquire London-based carbon trading platform
A Canada-based offset project developer it buying a London-based carbon trading platform.
Read MoreWCI Markets: CCAs head lower with WCA sell-off post Q1 auction
California Carbon Allowance (CCAs) prices have reversed direction to return to their post-auction lows, while Washington Carbon Allowances (WCA) took a hit after the state attempted to clarify the implications of a voter-led initiative that could upend the cap-and-trade scheme.
Read MoreNorth American firms partner to monitor direct ocean capture
A Montreal-based carbon removal project developer will evaluate direct ocean capture conducted at its facility through a partnership with a US ocean monitoring firm, the firms announced Thursday.
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