Swiss CO2 emissions fall in 2017 as biofuel use increases
Switzerland’s energy-related CO2 emissions continued to decline in 2017, the government reported Tuesday, attributing much of the fall to the increased use of biofuels.
Read MoreMayday: Weak ambition, Chinese backtracking threaten future of CORSIA global aviation offset scheme
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.
Read MoreICAO adopts CORSIA aviation offset rulebook, postpones key decisions as China looks to back out
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.
Read MoreCARBON FORWARD: New entrants seek to ride the wave as EU carbon prices quadruple
**This article is available to non-subscribers** – The EU ETS has witnessed a dramatic change over the past year as carbon prices have quadrupled, the market has attracted new participants, and the developments have given confidence to existing participants that the world’s biggest carbon market will remain the EU’s main climate policy tool.
Read MoreSwitzerland sets dates for next carbon allowance auctions
Switzerland has announced the dates for its next two carbon allowance auctions in what could be among the market’s final sales before it links with the EU ETS.
Read MoreGermany, World Bank gear up for €20m N2O offset auction
The World Bank will host at least one more reverse auction to buy €20 million ($23.4 mln) in carbon credits from N2O abatement projects as part of a German programme to encourage host developing countries to eventually regulate those emissions.
Read MoreSwitzerland approaches countries to host pilot crediting under Paris Agreement
Switzerland has begun talks with several developing nations to test pilot GHG-cutting initiatives, aiming to secure carbon credits that could be eventually used to help meet its Paris Agreement goal.
Read MoreCap-and-trade preferred, but “dereliction of duty” for UK to not consider options outside ‘insufficient’ EU ETS -minister
While the UK prefers cap-and-trade as a carbon pricing tool, it would be a “dereliction of duty” for the UK to not look at other, more ambitious opportunities outside the EU ETS when it leaves the bloc, the country’s climate minister said Wednesday.
Read MoreSwiss carbon prices continue to climb in latest auction
Swiss carbon allowances climbed to a two-year high in the country’s latest auction, continuing to reverse the downtrend that had gripped the market for much of its first decade.
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