High-quality carbon credits trade at 56% premium as VCM enters âreset periodâ -panellists
High-integrity carbon credits are trading at more than a 50% premium to lower-rated projects as buyers place greater emphasis on quality during what market participants described Tuesday as a “reset” of the voluntary carbon market (VCM).
Read MoreCWNYC25: EU CBAM, green standards risk protectionism without flexibility and support -panellists
Disagreements over how to balance climate goals with trade fairness resurfaced during Climate Week NYC as officials from Egypt and Chile warned that the EU’s Carbon Border Adjustment Mechanism (CBAM) and green standards risk protectionism if flexibility and support are not provided.
Read MoreTrump administration seeks to block Hawaii climate lawsuit, citing federal authority over emissions
The US Department of Justice (DOJ) has asked a federal court to block Hawaiiâs attempt to sue fossil fuel companies for climate damages, arguing the stateâs case unlawfully intrudes on federal authority over GHG regulation.
Read MoreCWNYC25: INTERVIEW – Renewable fuels CEO urges sunset of tax credits to spur scale, innovation in US SAF industry
A senior renewable fuels executive told Carbon Pulse this week that US production tax credits for sustainable aviation fuel (SAF) should be temporary, arguing that long-term subsidies risk distorting markets and discouraging necessary industry innovation.
Read MoreCWNYC25: Lack of data transparency, collaboration hampers forest carbon project viability and pace -panellists
Forest carbon projects are being slowed by a lack of transparent data and fragmented collaboration between academics, practitioners, and investors, panellists warned during a Climate Week New York discussion on Thursday.
Read MoreCWNYC25: Both policy, market mechanisms needed to address super pollutants -EDF president
Tackling potent GHGs beyond CO2 requires both robust policy support and market mechanisms, Environmental Defense Fund (EDF) President Fred Krupp said on Thursday during Climate Week NYC.
Read MoreCWNYC25: Investors call for âfirst-of-a-kindâ funding for CDR technology amid US climate policy shift
Investors in the US carbon removal (CDR) sector warned this week that the industry needs âfirst-of-a-kindâ funding to overcome policy reversals that have added hurdles to scaling new technologies.
Read MoreCWNYC25: Elimination of IRA credit differential ‘not the end of the world’ for SAF âpanellists
The recent removal of the sustainable aviation fuel (SAF) credit differential under the US Inflation Reduction Actâs (IRA) 45Z Clean Fuel Production Credit (CFPC) will not derail the sectorâs growth trajectory, though it may slow near-term financing and investment, industry panellists said Wednesday.
Read MoreCWNYC25: Brazil presents new climate-related trade forum as vehicle for urgency, results
COP30 President-designate Andre Correa do Lago said Brazil’s proposed climate and trade forum is designed to rapidly align countries’ climate ambition with trade policy and economic security, saying it could help restore confidence and deliver tangible results.Â
Read MoreCWNYC25: BRIEFING – EU CBAM continues to risk ‘toxifying’ global climate agenda, despite driving carbon pricing expansion
The EU’s Carbon Border Adjustment Mechanism (CBAM) continues to pose a major risk to international climate negotiations, a conference heard Tuesday, as experts poured scepticism on Brazil’s push to establish a new global carbon pricing club ahead of COP30, calling it “a bridge too far”.
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