Switzerland’s Alpiq hires veteran European emissions trader

Published 17:21 on December 6, 2024  /  Last updated at 17:21 on December 6, 2024  /  Bavardage, EMEA, EU ETS, Switzerland

Switzerland’s Alpiq has hired a veteran trader for its European emissions desk.

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BRIEFING: Confidence in VCM increases, but challenges remain in attracting buyers

Published 16:34 on December 6, 2024  /  Last updated at 16:34 on December 6, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Participants in the voluntary carbon market (VCM) are increasingly confident that integrity issues plaguing the sector are being solved, but challenges remain around attracting buyers, speakers said at an industry conference this week.

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EU-Mercosur deal pushed forward as “necessity” despite environment concerns

Published 16:19 on December 6, 2024  /  Last updated at 16:19 on December 6, 2024  / and /  Americas, EMEA, South & Central

The European Union and the Mercosur group of South American countries concluded a long-awaited trade deal on Friday, calling it a “political necessity” and “historic milestone” despite environmental concerns and opposition from seven EU countries, including France.

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RGGI Q4 auction clears more than $2 below secondary market, mild spec involvement

Published 15:27 on December 6, 2024  /  Last updated at 20:33 on December 6, 2024  / and /  Americas, US

The last RGGI cap-and-trade auction of 2024 cleared at a $2.35 discount to RGGI Allowances (RGAs) in the secondary market the day before the sale, and at the low end of market expectations for a discounted settlement, with limited participation from financial entities, according to results published Friday.

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Bullish momentum building in voluntary carbon market for 2025 -analysts

Published 15:25 on December 6, 2024  /  Last updated at 15:25 on December 6, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Paris Article 6, Voluntary

Next year could be a turning point for the beleaguered voluntary carbon market because the underlying fundamentals have stayed robust, particularly the rising number of companies setting SBTi climate targets, despite a tough year, according to analysts in a new report.

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Wind-assisted vessels, LNG can lower green fuel costs for shipowners, insurer says

Published 14:15 on December 6, 2024  /  Last updated at 14:15 on December 6, 2024  / /  EMEA, International, Shipping

Shipowners can cut compliance costs under the EU’s new green shipping fuel regulation by using LNG-powered ships or wind-assisted propulsion, according to a new report by a global shipping insurer.

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Swiss NDC target ‘insufficient’, lacks transparency on carbon offsets -report

Published 12:56 on December 6, 2024  /  Last updated at 12:56 on December 6, 2024  / /  EMEA, Paris Article 6

Switzerland’s Nationally Determined Contribution (NDC) and overall climate targets, policies and finance have been rated as “insufficient” in a new analysis released on Thursday.

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Shell signs SAF offtake agreement with ADB-funded project in Pakistan

Published 12:45 on December 6, 2024  /  Last updated at 12:45 on December 6, 2024  / /  Asia Pacific, Aviation/CORSIA, International, Other APAC, Voluntary

British oil major Shell has signed a contract with Pakistan-based sustainable aviation fuel (SAF) producer for long-term offtake of SAF, once the proposed plant funded by the Asian Development Bank (ADB) gets completed.

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Gold Standard to charge $0.25 per credit issued, $0.20 for least developed countries

Published 12:41 on December 6, 2024  /  Last updated at 12:41 on December 6, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Gold Standard has updated its fee structure for registry accounts and certification processes, with two different pricing options for issuing credits, the standard body announced on Friday.

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G20 nations’ fossil production could blow global carbon budget, study says

Published 12:41 on December 6, 2024  /  Last updated at 12:41 on December 6, 2024  / /  Americas, Asia Pacific, EMEA, Voluntary

The world may not keep warming to less than 2C over pre-industrial levels based on the petroleum reserves of members of the G20, a report cautioned Friday.

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