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Mystery of illegal ozone-depleting emissions solved, say environmental investigators

Published 14:15 on July 9, 2018  /  Last updated at 14:39 on July 9, 2018  /  Americas, Asia Pacific, China, Climate Talks, EMEA, International  /  No Comments

Environmental sleuths have tracked down what they believe is the location of a large illegal source of ozone-destroying emissions.

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New Zealand’s Z Energy seals voluntary carbon deal at above-market price

Published 11:13 on July 9, 2018  /  Last updated at 06:26 on July 10, 2018  /  Asia Pacific, International, New Zealand, Voluntary Market  /  No Comments

New Zealand fuel supplier Z Energy has bought nearly 60,000 voluntary carbon credits at prices higher than in the nation’s mandatory ETS to offset its operational emissions.

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Pruitt resigns as head of US EPA, with ex-coal lobbyist deputy to fill in

Published 22:55 on July 5, 2018  /  Last updated at 14:03 on July 6, 2018  /  Americas, International, US  /  No Comments

Embattled US EPA Administrator Scott Pruitt resigned as leader of the country’s environmental office on Thursday after a multitude of political and financial scandals, with deputy administrator and former coal industry lobbyist Andrew Wheeler slated to become the acting agency head on Monday.

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Ex-BP environmental head sets up US firm to trade biofuels, forest carbon

Published 14:57 on July 5, 2018  /  Last updated at 14:57 on July 5, 2018  /  Americas, Asia Pacific, Bavardage, Canada, EMEA, International, REDD, US, Voluntary Market  /  No Comments

The former head of environmental products trading at oil major BP has left to set up a US-based firm specialising in biofuels and forest carbon assets.

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GCF talks collapse, chief resigns as US funding hole looms larger

Published 14:35 on July 4, 2018  /  Last updated at 05:19 on July 5, 2018  /  Americas, Asia Pacific, Climate Talks, EMEA, International, REDD  /  No Comments

A four-day meeting of the Green Climate Fund (GCF) board broke on Wednesday without taking any major decisions, as rich and poor nations rowed and failed to tackle how to replenish the GCF’s rapidly depleting funds currently lacking a US contribution.

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China withdraws intention to participate in ICAO’s CORSIA aviation offset scheme

Published 17:44 on July 3, 2018  /  Last updated at 17:54 on July 3, 2018  /  Americas, Asia Pacific, Aviation, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, US, Voluntary Market  /  No Comments

China has officially withdrawn its intention to participate in the UN’s CORSIA aviation offsetting scheme, Carbon Pulse has learned, dealing a massive blow to efforts to rein in the sector’s rising emissions.

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L’Oreal, Nespresso detail strategies for reducing supply chain emissions

Published 22:51 on July 2, 2018  /  Last updated at 15:40 on July 8, 2018  /  Africa, EMEA, International, Voluntary Market  /  No Comments

Companies are increasingly looking to carbon ‘insetting’ to blend corporate climate targets with attention to resiliency and co-benefits, according to two European-based entities speaking at a webinar on Monday.

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Mayday: Weak ambition, Chinese backtracking threaten future of CORSIA global aviation offset scheme

Published 20:22 on June 29, 2018  /  Last updated at 20:59 on June 29, 2018  /  Americas, Asia Pacific, Aviation, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, Switzerland, US, Voluntary Market  /  No Comments

Fears are mounting that ICAO’s international aviation offsetting mechanism could collapse well before its 2021 start as China backtracks and other nations resist, while the scheme’s rules get severely weakened or delayed by infighting.

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US Paris targets off track even if clean energy costs keep falling -report

Published 18:43 on June 28, 2018  /  Last updated at 23:50 on June 28, 2018  /  Americas, International, US  /  No Comments

The US will miss its Paris Agreement GHG targets even if market forces benefit clean energy and planned federal environmental rollbacks are not completed, according to a study published Thursday.

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ICAO adopts CORSIA aviation offset rulebook, postpones key decisions as China looks to back out

Published 00:37 on June 28, 2018  /  Last updated at 19:51 on June 29, 2018  /  Africa, Americas, Asia Pacific, Aviation, Canada, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, Switzerland, US, Voluntary Market  /  No Comments

The UN’s aviation agency ICAO adopted its CORSIA rulebook on Wednesday, snubbing several governments’ calls for changes while giving airlines few additional signals on what offsets they can use to comply.

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