Tokyo exchange to launch new trading categories for agricultural carbon credits
The Tokyo Stock Exchange will introduce two new trading categories for agricultural carbon credits under Japan’s J-Credit scheme, as it seeks to enhance market liquidity and efficiency amid increasing project registrations and certification volumes.
Read MoreKEY TAKEAWAYS: ICAO TAB assessments, recommendations, and public comments for CORSIA 2024 application cycle
UN civil aviation body ICAO late on Friday published reports outlining its Technical Advisory Body’s (TAB) assessments, recommendations, and public comments made during the 2024 cycle for applications by carbon credit standards seeking eligibility under the airline offsetting programme.
Read MoreWCI offset usage slips to just under 4% in 2021-23, compliance data shows
Emitters in California’s carbon market more than halved their use of offsets during the 2021-23 compliance period, driving overall utilisation under the scheme to below 4% despite an uptick in WCI partner Quebec, government data published Friday showed.
Read MoreBRIEFING: EPA defends power plant emissions rules before DC circuit
The US EPA’s power plant emissions rules were tested Friday before a three-judge panel as attorneys representing Republican states argued that the rules didn’t properly consider the costs of carbon capture and storage (CCS) technology and that the EPA overstepped in its rulemaking authority.
Read MoreCFTC: Producers boost holdings across North American carbon markets, investors hone in on V25s
Emitters built their net holdings throughout the North American carbon markets, while financial players continued to shuffle their positions in California Carbon Allowances (CCAs) and RGGI Allowances (RGAs) in favour of V25s, data released Friday from the US Commodity Futures Trading Commission (CFTC) showed.
Read MoreEurope risks missing 2030 climate goals without urgent policy action, analysts warn
Europe may have made significant progress in decarbonising its energy sector, but investment efforts must more than double to an average of $1 trillion annually by 2030.
Read MoreBrazilian development bank calls for forest restoration proposals in Amazon, Atlantic Forest
Brazil’s National Bank for Economic and Social Development (BNDES) this week solicited proposals under initiatives collectively worth R$109 million ($18 mln) that would support forest restoration in the Amazon and Atlantic Forest.
Read MoreSAF production from microbial oil offers higher land-use efficiency, limited by high production costs -study
Oil derived from sugarcane is a promising alternative feedstock in the production of sustainable aviation fuel (SAF) given its land-use efficiency, but the process faces high production costs, researchers published in a recent study.
Read MoreINTERVIEW: Research group says “CDR optimisation” needs clear distinction between removed, avoided CO2
So-called “CDR optimisation” projects that build on pre-existing practices need to improve accounting techniques to distinguish between removed and avoided emissions in order to ensure integrity in the crediting process, representatives from a California-based research group told Carbon Pulse.
Read MoreSaskatchewan inks federal carbon tax exemption into law
The Saskatchewan legislature unanimously passed legislation that will keep federal carbon pricing off of provincial home heating bills on Thursday following a year of political tussling with Ottawa over payment of the levy on fuel.
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