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Trading firms ALLCOT, AitherCO2 team up to bolster EU ETS offering

Published 15:39 on March 23, 2018  /  Last updated at 15:44 on March 23, 2018  /  Africa, Americas, Bavardage, EMEA, EU ETS, US, Voluntary Market  /  No Comments

Carbon trading firms ALLCOT and AitherCO2 have joined forces to enhance their services for clients in the EU ETS, with a focus on emitters in Eastern Europe.

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Offset restrictions needed to ensure CORSIA integrity, spur new project investment -study

Published 22:28 on March 22, 2018  /  Last updated at 12:34 on March 23, 2018  /  Americas, Asia Pacific, Aviation, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

In the absence of any eligibility restrictions, ICAO’s CORSIA offset scheme may not be able to deliver sufficient emissions reductions in aviation by using CERs, according to a study released Thursday.

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Alberta UCP leader floats bringing back province’s old carbon pricing system if elected next year

Published 01:12 on March 21, 2018  /  Last updated at 01:12 on March 21, 2018  /  Americas, Canada, Carbon Taxes, US, Voluntary Market  /  No Comments

The leader of Alberta’s United Conservative Party (UCP) said that while he’s dead set on eliminating the province’s carbon tax and dismantling its new hybrid trading scheme, he’s open to relaunching the market-based system that was in place for most of the last decade.

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“Limited edition”: Developer seeks buyers for Newfoundland’s first CO2 credits

Published 22:53 on March 20, 2018  /  Last updated at 23:08 on March 20, 2018  /  Americas, Canada, US, Voluntary Market  /  No Comments

A project developer in Newfoundland is seeking buyers for the Canadian province’s first carbon offsets, which he calls “limited edition” and is selling at a big mark-up.

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Green groups join Sierra Club lawsuit against San Diego carbon offset plan

Published 17:06 on March 20, 2018  /  Last updated at 17:06 on March 20, 2018  /  Americas, US, Voluntary Market  /  No Comments

A number of environmental organisations on Monday signed on to a lawsuit against the County of San Diego’s revised Climate Action Plan (CAP), alleging that the programme relies on offsets imported from out-of-state or abroad to counteract local, potentially environmentally-damaging development.

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Hawaii lawmakers advance offset bill, though disagreement on design remains

Published 20:13 on March 19, 2018  /  Last updated at 00:07 on March 20, 2018  /  Americas, US, Voluntary Market  /  No Comments

A group of Hawaii Senate committees approved the most recent version of a proposed state-administered carbon offset programme on Friday, but state agencies and outside groups expressed reservations about the design of the scheme.

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UN floats draft rulebook for international emissions trade, keeps CERs on the table

Published 17:03 on March 16, 2018  /  Last updated at 17:03 on March 16, 2018  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

UN officials on Friday released a draft paper to help guide governments working on a year-end deadline to finalise rules on international emissions trade under the Article 6 of the Paris Agreement.

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Two convicted over £3.5 mln carbon credit investment scam

Published 16:57 on March 16, 2018  /  Last updated at 16:57 on March 16, 2018  /  Bavardage, EMEA, Voluntary Market  /  No Comments

Two men have been found guilty of fraud by a British court after selling vulnerable investors illiquid carbon credits via a ‘boiler room’ scam.

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New initiative helps consumers ‘kill’ EU ETS allowance glut, push up cost of emitting

Published 17:30 on March 15, 2018  /  Last updated at 11:03 on March 19, 2018  /  Bavardage, EMEA, EU ETS, Voluntary Market  /  No Comments

An initiative has been launched to help consumers and companies tackle the glut of allowances inundating the EU ETS and attempt to push up the cost of emitting.

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Post-Paris hike in corporate renewables demand drives double-digit growth in green certificates

Published 11:16 on March 15, 2018  /  Last updated at 11:26 on March 15, 2018  /  Americas, Asia Pacific, EMEA, New Market Mechanisms, US, Voluntary Market  /  No Comments

Double-digit growth in global renewables procurement by companies seeking to boost their climate credentials has helped push European green certificate prices to record highs, a conference heard this week.

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