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Quebec emissions decline YoY in 2023, but exceed annual cap for sixth straight year
Quebec greenhouse gas (GHG) emissions in 2023 dropped year-on-year (YoY), but still surpassed the province's ETS cap for the sixth consecutive year, according to government data released Friday. Read MoreTop
EU ministers want lower energy prices and an end to all Russian gas imports
Energy ministers agreed on Tuesday that the EU needs to ramp up efforts to tackle high energy prices, with a majority also calling for an end to Russian LNG imports that are still managing to make their way into the EU. Read MoreTop
UPDATE - WCI Markets: CCA trade spikes after ARB confirms aspects of upcoming ETS rulemaking
California Carbon Allowances (CCA) futures trade surged on ICE after regulator ARB released a notice Tuesday confirming aspects of upcoming changes to the cap-and-trade programme. Read MoreTop
CFEL24: EU industry may never recover from two-year slump -analysts
There is a real chance that EU industry never recovers from its current output slump, in what could be a major drag on the European carbon price over the next decade, analysts told Carbon Forward Expo London 2024 last week. Read MoreTop
Germany awards first 'climate contracts' to support industry with transition
Fifteen firms in Germany have been awarded support guarantees in the first round of the country's novel climate contracts for difference (CCfD) scheme, established to help industrials with the transition towards net-zero goals, with payouts linked to EU ETS prices. Read MoreTop
BRIEFING: ‘Huge uncertainty’ in US carbon markets if Trump elected, as integrity bodies plough on with guidelines
There is “huge uncertainty” around what would happen to US carbon markets regulations if the openly-climate sceptic Donald Trump is re-elected in November, according to the co-chair of the Integrity Council for the Voluntary Carbon Market (ICVCM). Read MoreTop
Google signs first corporate PPA to buy nuclear power from small modular reactors
Google has become the first company to sign a corporate power purchase agreement (PPA) to buy nuclear power from small modular reactors (SMRs), the company said on Monday. Read MoreTop
Nature-based carbon platform adds forest screening, monitoring function
A nature-based platform has teamed up with a tech firm to offer combined screening and monitoring of forest carbon projects. Read MoreTop
Argentine J-REDD programme could issue around 10 mln credits in Q4
A large-scale provincial Argentine jurisdictional REDD (J-REDD) initiative is expected to issue around 10 million credits as early as this year, though some legal and socioeconomic questions remain. Read MoreTop
Verra launches additionality tools to align with ICVCM CCP requirements
Verra has released two new tools to assess the additionality of project activities, replacing and updating CDM versions, in a move that will further align the standard body with the ICVCM’s Core Carbon Principle stamp of high integrity approval. Read MoreTop
UK energy-from-waste incinerators almost as emissions-intensive as coal-fired power, finds analysis
Burning household rubbish in giant incinerators is now the dirtiest way the UK generates electricity after the closure of the last coal-fired power plant in the country, analysis published Tuesday has found. Read MoreTop
Finnish waste management company produces first biodegradable plastic from CO2 emissions
A Finnish waste management and circular solutions company has become the world’s first to produce biodegradable plastic from CO2 emissions using carbon capture and utilisation (CCU), the firm announced on Tuesday. Read MoreTop
Euro Markets: EUAs resume close link to natural gas as energy weakens on easing Middle East tensions
European carbon prices continued to strengthen their correlation to natural gas on Tuesday, fluctuating in line with the TTF after the two markets had disconnected early in the month, as they followed the energy complex lower amid easing geopolitical tensions in the Middle East. Read MoreTop
ANALYSIS: Absence of policy, meagre funds keep India from realising CDR potential
An absence of knowledge and policy on durable carbon removals (CDR) at the government level, along with a lack of investor interest in funding such projects, is keeping India from realising its vast CDR potential, according to experts. Read MoreTop
