CF Asia: ANALYSIS – Early glut could cap Article 6 carbon credit prices, but supply crunch looms
Prices of carbon credits under the Paris Agreement’s Article 6 are seen below $20 per tonne in the early years as supply outpaces demand, before a tightening market pushes rates above $100 by mid-century, according to an analysis.
Read MoreHottest decade since records began underscores ‘state of emergency’, says UN weather agency
The decade between 2015-25 was the hottest since record-keeping began, the UN weather agency said on Monday, with last year ranking as either the second or third warmest overall.
Read MoreCarbon removal market is ‘running ahead’ of policy as weak demand threatens expansion -report
Government policy has failed to keep pace with the growing complexity emerging in the carbon removal (CDR) market, making it difficult for the sector to attract the private capital needed to scale, according to a new study.
Read MoreCarbon market ‘safety valves’ on agenda for India as it builds ETS -official
India’s upcoming compliance-based carbon market will have built-in “stability mechanisms” to manage both credit shortages and oversupply, a senior government official said on Saturday.
Read MoreIndia launches carbon market portal
India on Saturday formally launched its long-awaited carbon market portal, taking a step in rolling out the country’s domestic carbon credit trading scheme.
Read MoreIndia ramps up verifier pool ahead of ETS launch to avert bottlenecks
India is fast-tracking the process of accrediting verifiers and upgrading a pool of nearly 20,000 energy auditors to ensure compliance with the upcoming emissions trading system, a senior official said Saturday, dispelling concerns about verification bottlenecks.
Read MoreIndonesia looks to tap carbon markets for park funding, stirs conservation fears
Indonesia is exploring the role of carbon trading as a form of funding to bolster state finances for management of the archpelagic country’s vast national parks.
Read MoreBRIEFING: India to rely on coal for reliability even as renewables surge, power plan shows
India will continue to depend heavily on coal to ensure grid reliability over the next decade, even as it scales up renewable energy and storage, according to a government planning document.
Read MoreCompanies favour local carbon offsets despite global fungibility, study finds
Companies often retire offsets from the same countries where they operate, even though carbon is globally fungible, according to new academic research that questions how effectively voluntary carbon markets allocate climate finance.
Read MoreIndian state seeks carbon credits from electric bus fleet
India’s northern state of Himachal Pradesh is seeking a developer to help generate and sell carbon credits from its electric bus fleet, as the Himalayan state steps up efforts to tap into carbon markets.
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