Iwi leader accuses NZ govt, emitters of ‘coordinated campaign’ to scupper climate litigation
The climate activist and iwi leader suing some of New Zealand’s biggest emitters for climate damage has accused the government of covering up lobbying by some of the defendants, following the release of briefings given to the prime minister’s office outlining legislative changes to ban such litigation.
Read MoreBRIEFING: Australian carbon market comes of age, but grapples with future direction
Fifteen years in, the Australian carbon market is becoming more vibrant, more active, and more mature. But as stakeholders prepare for a review of the Safeguard Mechanism, and with legislative changes to the Australian Carbon Credit Unit (ACCU) Scheme afoot, its future evolution is still to be determined.
Read MoreINTERVIEW: CORSIA carbon credit supply and demand must grow ‘in lock step’ to scale market
The UN’s international aviation offsetting scheme is slowly growing, but has the potential to take off quickly if supply and demand fall into lockstep, the founder of a carbon markets analysis company told Carbon Pulse.
Read MoreINTERVIEW: Clarity on role of carbon market for Australia’s long-term goals needed, says industry body CEO
Upcoming reviews of Australia’s Safeguard Mechanism and the Australian Carbon Credit Unit (ACCU) Scheme need to ensure that their role in achieving the country’s long-term climate goals is clear, said the CEO of the Carbon Market Institute (CMI).
Read MoreTech giant issues call for methane certificates
A US-based tech company has issued a request for proposals to procure low-methane intensity certificates, to offset increased natural gas emissions due to data centre build-out.
Read MoreAustralian govt taps forestry company to lead ACCU method remake
Forestry company Midway has been asked to lead the remake of the reforestation and afforestation methodology for the Australian Carbon Credit Unit (ACCU) Scheme, Assistant Minister for Climate Change and Energy Josh Wilson announced on Wednesday.
Read MoreCarbon shifting from international value to domestic concern in India, says report
While India has been an active participant in international carbon markets, the introduction of its compliance ETS and the EU’s Carbon Border Adjustment Mechanism (CBAM) is shifting the carbon value to domestic companies, found a report.
Read MoreInternational NGOs, academics call on NZ govt to abandon climate law changes
More than 100 NGOs and academics from around the world have signed a letter to the New Zealand government, urging it to not proceed with planned changes to the country’s climate law which would limit tort claims for damage arising from climate change.
Read MoreBRIEFING: Optimism ahead of UN vote on landmark ICJ climate opinion
Environmental campaigners are optimistic that the UN General Assembly will vote on Wednesday to adopt a resolution to endorse last year’s historic International Court of Justice (ICJ) advisory opinion on climate change, which found that states have a legal obligation to cut GHG emissions.
Read MoreUNFCCC pilots Article 6 registries
The UN’s climate secretariat has launched test versions of registries to facilitate the transfer and trade of emissions reduction units under the Article 6 mechanisms, with a view to launching the final systems at the end of the year.
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