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None of 14 offset standard contenders meet CORSIA aviation scheme criteria -report

Published 15:09 on November 27, 2019  /  Last updated at 23:27 on November 27, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

None of the 14 carbon credit standards that have applied for eligibility under the UN’s global CORSIA aviation offsetting scheme meet the criteria set out by governments, while some of the candidates may not even be considered offset programmes.

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World on track to put record 3% dent in coal consumption -report

Published 11:38 on November 25, 2019  /  Last updated at 09:52 on November 26, 2019  /  Americas, Asia Pacific, China, China's National ETS, EMEA, EU ETS, International, Japan, Other APAC, South Korea, US  /  No Comments

Global electricity production from coal is on track for a record drop of 3% year-on-year in 2019 amid lower electricity demand and a rapid increase in renewables and nuclear power, a report said Monday, with even numbers in China falling.

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ANALYSIS: Experts divided on CORSIA aviation offset supply estimates, with CDM renewal risk in focus

Published 20:18 on November 15, 2019  /  Last updated at 20:18 on November 15, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Experts are differing greatly on the potential supply of eligible carbon credits that could be available under ICAO’s global aviation offset scheme, and specifically on the amount of available CDM units, which are poised to play a key role.

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SK Market: Monthly KAU auction clears at record high

Published 09:10 on November 13, 2019  /  Last updated at 09:33 on November 13, 2019  /  Asia Pacific, South Korea  /  No Comments

South Korea’s monthly CO2 allowance auction cleared at a record high 36,850 won ($31.55) Wednesday, even well above the secondary market that had surged 1.7% to fresh highs earlier in the day.

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South Korean CO2 prices could reach $45/t in 2020-21, analysts say

Published 09:19 on November 12, 2019  /  Last updated at 00:39 on November 13, 2019  /  Asia Pacific, South Korea  /  No Comments

South Korean CO2 allowances could climb to as high as 52,000 won ($44.71) by the latter part of next year as the market’s shortage is expected to deepen, analysts at Ecoeye said Tuesday.

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EXCLUSIVE – Developers Assemble: EcoSecurities alumni regroup to relaunch iconic offset firm for new era of carbon markets

Published 21:39 on November 7, 2019  /  Last updated at 01:54 on November 8, 2019  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Bavardage, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, Voluntary Market  /  No Comments

EcoSecurities, one of the most iconic developers of the offset project boom of the 2000s, is being relaunched by a team of its alumni and co-founders, Carbon Pulse has learned, gearing up to trailblaze once again in a new era of international carbon markets.

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Korean ETS firms bank 35.5 mln KAU18s into 2019

Published 10:28 on November 7, 2019  /  Last updated at 01:25 on November 8, 2019  /  Asia Pacific, South Korea  /  No Comments

Participants in South Korea’s emissions trading scheme have banked 35.5 million 2018 vintage carbon allowances into 2019, the government said Thursday, equivalent to some 6% of total annual allocation.

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FEATURE: A year out, UN’s CORSIA aviation scheme mired in offset supply struggles

Published 01:43 on November 6, 2019  /  Last updated at 10:53 on November 6, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's National ETS, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The UN’s CORSIA aviation offsetting scheme is just over a year away from entering into force, but a myriad of supply- and reputation-related concerns is clouding the horizon for airlines and investors, not least the fact that it remains unclear exactly which credits will be eligible.

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Spain approved as new host of COP25 climate talks, with dates unchanged

Published 14:14 on November 1, 2019  /  Last updated at 10:06 on November 5, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Spain’s offer to host this year’s UN climate talks has been approved, the international organisation said Friday, with Madrid set to be the venue after Chile pulled out due to ongoing protests in the country.

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South Korea to move forward coal plant closures

Published 12:22 on November 1, 2019  /  Last updated at 17:00 on November 1, 2019  /  Asia Pacific, South Korea  /  No Comments

South Korea will shut down six of its oldest coal-fired power plants in 2021, a year earlier than previously planned, the prime minister’s office announced Friday, a move that could provide a slightly bearish long-term signal for Korean carbon allowances.

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