EU backs new rules for monitoring, reporting aviation emissions from low-carbon fuels, non-CO2 sources

Published 00:02 on August 31, 2024  /  Last updated at 01:17 on August 31, 2024  / Mike Szabo /  Aviation/CORSIA, EMEA, EU ETS, International

EU member states on Friday approved an update to the bloc’s regulations that introduces zero-rating for emissions from a series of low-carbon aviation fuels and outlines new requirements for the MRV of non-CO2 emissions from airlines.

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POLL: Analysts lift EU carbon price forecasts, but expect enduring bearish factors to cap any gains

Published 01:19 on July 22, 2024  /  Last updated at 10:17 on July 22, 2024  / Mike Szabo /  EMEA, EU ETS

Analysts have nudged up their short- and medium-term forecasts for EU carbon allowances, though most repeated expectations that any prices rises will remain limited by weak demand from emitters and ample supply.

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Lower financial burdens but unequal impact for households from carbon pricing, finds IMF-backed research

Published 02:03 on July 18, 2024  /  Last updated at 02:04 on July 18, 2024  / Mike Szabo /  Americas, Asia Pacific, Carbon Taxes, CBAM, EMEA, EU ETS, International

Widespread exemptions in carbon pricing have resulted in lower-than-expected financial burdens on households, though higher-income earners tend to benefit more due to their consumption patterns, according to new research published by the IMF.

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BRIEFING: Everything you need to know about Trump VP pick JD Vance

Published 15:46 on July 16, 2024  /  Last updated at 15:46 on July 16, 2024  / Mike Szabo /  Americas, US

Donald Trump on Monday announced Ohio Senator JD Vance (R) as his vice-presidential candidate, cementing the former president’s image as the preferred candidate for the pro-fossil fuels, anti-renewable energy, and climate science-denying US voter base. Here’s a summary of Vance’s record on climate and energy matters.

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Voluntary carbon removals standard announces new seawater electrolysis protocol

Published 00:34 on July 12, 2024  /  Last updated at 00:34 on July 12, 2024  / Mike Szabo /  EMEA, Nature-based, US, Voluntary

A voluntary carbon standard on Thursday released for public consultation a new protocol aimed at boosting the reliability of CO2 removal through seawater electrolysis.

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Two EU member states increase number of EUAs they intend to cancel under ETS flexibility mechanism

Published 21:53 on July 11, 2024  /  Last updated at 01:06 on July 12, 2024  / Mike Szabo /  EMEA, EU ETS

Two EU member states have notified the European Commission that they intend to increase the number of EU Allowances they plan to cancel via the bloc’s ETS ‘flexibility’ mechanism to help them achieve their non-ETS emissions reduction targets.

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US-based soil carbon firm exploring sale options amid challenging voluntary market conditions

Published 10:01 on July 2, 2024  /  Last updated at 04:01 on July 4, 2024  / Mike Szabo /  Americas, Bavardage, Nature-based, US, Voluntary

A US-based soil carbon removals platform has put itself up for sale amid challenges in the wider voluntary market, Carbon Pulse has learned.

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Former CQC boss Newcombe denies wrongdoing allegations, calls them part of plot by investor to seize control of firm

Published 15:55 on June 27, 2024  /  Last updated at 10:20 on June 28, 2024  / Mike Szabo /  Africa, Americas, Asia Pacific, Bavardage, EMEA, International, Kyoto Mechanisms, Other APAC, South & Central, US, Voluntary

The former CEO of project developer C-Quest Capital (CQC) Ken Newcombe has denied the allegations of wrongdoing made against him, calling them part of a plot by a major investor to seize control of the company.

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Former C-Quest Capital CEO accused of wrongdoing, reported to US authorities over alleged carbon credit over-issuance

Published 19:27 on June 26, 2024  /  Last updated at 02:23 on June 27, 2024  / Mike Szabo /  Africa, Americas, Asia Pacific, Bavardage, EMEA, International, Other APAC, South & Central, US, Voluntary

Project developer C-Quest Capital (CQC) on Wednesday revealed that it has uncovered significant wrongdoing by its founder and former CEO Ken Newcombe that allegedly resulted in the over-issuance of millions of voluntary carbon credits, leading the firm to report the matter to US authorities and fire a number of senior executives and staff.

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Integrity Council for the Voluntary Carbon Market appoints first CEO

Published 10:54 on June 20, 2024  /  Last updated at 12:49 on June 20, 2024  / Mike Szabo /  Bavardage, International, Kyoto Mechanisms, Voluntary

The private sector-led Integrity Council for the Voluntary Carbon Market (ICVCM) has named its first CEO.

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