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World Bank cuts carbon credit eligibility ahead of N2O auction

Published 16:40 on January 24, 2019  /  Last updated at 16:40 on January 24, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

The World Bank’s Nitric Acid Climate Auction Program (NACAP) has shifted forward the eligibility cut-off date for carbon credits that can be sold in its inaugural auction, effectively reducing the pool of potentially available units.

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EU plans Brussels conference to further work on Paris Agreement’s Article 6

Published 17:25 on January 22, 2019  /  Last updated at 23:21 on January 22, 2019  /  Americas, Asia Pacific, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

The European Commission is planning to host a conference on international carbon trade this spring to help clinch a deal on rules for Article 6 of the Paris Agreement after recent talks fell apart.

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Lacking UN guidance, Swiss to take ‘safe’ approach to sourcing credits

Published 22:45 on January 9, 2019  /  Last updated at 22:45 on January 9, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Switzerland, Voluntary Market  /  No Comments

Switzerland will take a conservative approach to procuring international credits that is unlikely to run afoul of international guidance in the future, an official said Wednesday.

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California grants 366k offsets in first issuance of 2019

Published 21:58 on January 9, 2019  /  Last updated at 21:58 on January 9, 2019  /  Americas, Canada, US, Voluntary Market  /  No Comments

California regulator ARB minted 365,845 California Carbon Offsets (CCOs) during its first issuance of 2019, with a bulk of the credits coming from a single ozone-depleting substance (ODS) developer.

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Washington state court to hear appeal of blocked Clean Air Rule in March

Published 22:59 on January 2, 2019  /  Last updated at 14:29 on January 3, 2019  /  Americas, Canada, Carbon Taxes, US, Voluntary Market  /  No Comments

The Washington Department of Ecology (ECY) will ask the state Supreme Court this spring to overturn a lower court’s block of Governor Jay Inslee’s (D) market-based regulation for large emitters, potentially offering the state a fresh chance to put a price on carbon after multiple failed attempts in recent years.

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California’s ARB looking to add grassland offsets, revise forestry protocol -source

Published 22:37 on January 2, 2019  /  Last updated at 00:44 on January 3, 2019  /  Americas, Canada, US, Voluntary Market  /  No Comments

California regulator ARB is considering changes to its forestry offset protocol and potentially adding a grassland methodology as it looks to increase the supply of credits with a direct environmental benefit to the state, a registry source said.

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San Diego judge approves green groups’ rebuke of carbon offset plan

Published 22:24 on January 2, 2019  /  Last updated at 15:36 on January 9, 2019  /  Americas, International, US, Voluntary Market  /  No Comments

County of San Diego housing projects relying on out-of-jurisdiction carbon offsets to nullify the impacts of urban sprawl may not proceed because the plan violates prior guidance and lacks environmental integrity, a California Superior Court judge ruled last week.

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Evolution Markets loses long-time US emissions broker

Published 19:38 on January 2, 2019  /  Last updated at 22:48 on January 2, 2019  /  Americas, Bavardage, US, Voluntary Market  /  No Comments

Evolution Markets has lost an experienced broker from its New York City office, several sources confirmed to Carbon Pulse.

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California dishes out nearly 680k offsets in year’s final issuance

Published 21:11 on December 26, 2018  /  Last updated at 15:36 on January 9, 2019  /  Americas, Canada, US, Voluntary Market  /  No Comments

California regulator ARB divvied out nearly 679,500 California Carbon Offsets (CCOs) last week in the final issuance of 2018, as a single forestry project developer took home most of the credits.

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Supply of Colombian tax-eligible carbon credits quickly being exhausted

Published 01:06 on December 22, 2018  /  Last updated at 02:06 on December 22, 2018  /  Americas, Carbon Taxes, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Emitters have surrendered more than 55% of all Colombian offsets issued to date against the country’s carbon tax, data compiled by Carbon Pulse shows, suggesting the market for the units is being squeezed as demand drastically outpaces supply.

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