Korean companies accused of investing in ‘inflated’ cookstove carbon projects amid integrity concerns
A report released Monday said South Korean companies have invested in overseas cookstove projects that could have received as much as 18 times more carbon credits than the emissions reductions they actually achieved.
Read MoreJapan to subsidise energy-based JCM projects with co-benefits
Japan is seeking project proposals that can provide benefits beyond emissions reductions under the bilateral Joint Crediting Mechanism (JCM).
Read MoreCN Markets: CEAs dip to one-year low, CCER trading remains robust
Prices in China’s national emissions market dropped to their lowest levels in a year amid downbeat sentiment, while the country’s voluntary carbon credits maintained their relative strength.
Read MoreChina’s ETS expansion, power policy to drive aluminium sector decarbonisation -report
Challenges in decarbonising China’s aluminium sector persist, but policy signals such as the expansion of the domestic emissions trading scheme are starting to guide the industry towards a lower-carbon future, according to a think tank.
Read MoreSouth Korea likely to fail international credit purchase target for 2030, report says
South Korea should not rely on carbon credits from international projects to achieve climate goals, as the country is considered highly likely to fail its target of securing millions of Paris-aligned units by 2030, according to a recent report.
Read MoreChina thermal power production drops 2.3% in March, but coal output growth pace quickens
Growth in China’s thermal power generation continued to decline in March despite an increase in monthly coal output, while renewable energy showed strong growth, according to government data published Wednesday.
Read MoreChina sets compliance deadlines, tasks for national ETS
China has outlined this year’s compliance deadlines and relevant tasks under the national emissions trading scheme for regional regulators and emitters.
Read MoreChina to permit new coal power plants until at least 2027
Construction of new coal plants in China will be allowed until at least 2027, according to an action plan released Monday by the country’s top regulators.
Read MoreCN Markets: CEAs flat in illiquid trade, pre-allocation likely to boost sentiment
Permit prices in China’s national emissions market barely moved over the past week, with observers expecting compliance demand likely to emerge this month due to the pre-allocation of allowances.
Read MoreJapanese airline to explore sustainable farming project, eyes carbon credit business
A major airline in Japan has decided to embark on a pilot project that will help create a sustainable farming model with the use of batteries and renewable energy while generating carbon credits, it announced Friday.
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