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Dirtiest 200 companies’ fossil fuel reserves take world 460% over carbon budget -report

Published 20:55 on July 27, 2016  /  Last updated at 20:55 on July 27, 2016  /  Americas, Asia Pacific, China, Climate Talks, EMEA, International, Other APAC, Switzerland, US  /  No Comments

The world’s 200 largest fossil fuel companies collectively own oil, gas and coal reserves that if burned would generate emissions some 460% above what would be considered safe, according to a new report.

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Regulating Swiss flights under EU ETS legal says ECJ advisor

Published 18:39 on July 19, 2016  /  Last updated at 11:16 on December 21, 2016  /  Aviation, EMEA, EU ETS, International, Switzerland  /  No Comments

The EU is not obligated to treat equally under its ETS flights between Switzerland and the bloc and those to and from countries outside of Europe, a legal advisor to the EU’s top court said Tuesday, in an influential opinion likely to ensure Swiss aviation emissions stay heavily regulated.

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South Pole taps sustainability expert as senior advisor

Published 00:58 on June 9, 2016  /  Last updated at 00:58 on June 9, 2016  /  Bavardage, Climate Talks, EMEA, International, Switzerland, Voluntary Market  /  No Comments

Project developer and carbon credit vendor South Pole Group has hired a sustainability expert as senior advisor, it said on Wednesday.

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International emission trade talks begin slowly as NZ, Japan set pace

Published 00:49 on May 28, 2016  /  Last updated at 10:41 on May 30, 2016  /  Africa, Americas, Asia Pacific, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, New Market Mechanisms, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

UN climate negotiations meeting in Bonn over the past fortnight began a long-haul process to refine rules for international emissions trade, with Japan and New Zealand vowing to advance their own plans regardless.

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Value of global CO2 pricing schemes steady at $50B in 2015, but govt revenues up 60% -World Bank

Published 09:00 on May 25, 2016  /  Last updated at 09:00 on May 25, 2016  /  Americas, Asia Pacific, Australia, Canada, Carbon Taxes, China, China's National ETS, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, South & Central, South Korea, Switzerland, US  /  No Comments

The world’s carbon markets and tax regimes were collectively worth just under $50 billion last year, little changed from 2014’s levels, though governments were able to raise 60% more through the schemes, according to a joint report by the World Bank and consultancy Ecofys.

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CDM’s executive approves second aviation methodology as scheme’s ‘other uses’ still unclear

Published 21:10 on May 16, 2016  /  Last updated at 10:24 on May 18, 2016  /  Asia Pacific, Aviation, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, South Korea, Switzerland, Voluntary Market  /  No Comments

The CDM’s Executive Board (EB) last week approved a second methodology aimed at airlines while also extending its first one, as the regulators took further measures to tailor the UN-run scheme for the aviation sector.

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Switzerland approves Paris Agreement, outlines strategy to meet climate pledge

Published 17:18 on March 23, 2016  /  Last updated at 17:18 on March 23, 2016  /  Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Switzerland  /  No Comments

Switzerland’s Federal Council on Wednesday approved the Paris Agreement and outlined its strategy for meeting its carbon reduction pledge, setting it up as one of a handful of nations intending to make substantial use of international credits.

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Cement maker LafargeHolcim posts big drop in carbon unit revenues

Published 13:26 on March 17, 2016  /  Last updated at 13:26 on March 17, 2016  /  EMEA, EU ETS, Switzerland  /  No Comments

Cement giant LafargeHolcim said it earned CHF 70 million (€63.8 million) less from global carbon unit sales last year compared to 2014, contributing to an 11% drop in full-year adjusted operating earnings.

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Two former emissions traders join South Pole Group

Published 12:02 on February 2, 2016  /  Last updated at 12:02 on February 2, 2016  /  Bavardage, EMEA, EU ETS, International, Kyoto Mechanisms, Switzerland, Voluntary Market  /  No Comments

Project developer and carbon credit vendor South Pole Group has announced a series of new hires including two former emissions traders.

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Switzerland appoints new environment agency chief

Published 17:55 on January 27, 2016  /  Last updated at 17:55 on January 27, 2016  /  EMEA, Switzerland  /  No Comments

Switzerland has named a new director of its Federal Office for the Environment (FOEN), the agency that oversees the Swiss emissions trading scheme, it announced on Wednesday.

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