Soil carbon project developers expand operations in Europe

Published 13:07 on May 23, 2023  /  Last updated at 10:11 on November 16, 2023  / /  EMEA, Nature-based, Voluntary

Two companies specialising in developing soil carbon sequestration projects are expanding their operations in Europe.

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EU’s Market Stability Reserve to withdraw another 272 mln allowances from ETS starting Sep. 2023

Published 11:45 on May 15, 2023  /  Last updated at 17:09 on May 18, 2023  / /  Aviation/CORSIA, EMEA, EU ETS, Switzerland

Some 272.4 mln carbon allowances will be withdrawn from the EU ETS over the 12 months starting this September and inserted into the Market Stability Reserve (MSR), the European Commission announced Monday in its annual ‘TNAC’ update.

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Tanzania govt holds carbon market talks with private sector, though questions surround one company involved

Published 12:04 on May 13, 2023  /  Last updated at 22:34 on July 24, 2023  / /  Africa, EMEA, International, Nature-based, Voluntary

Tanzania has opened discussions with the private sector about developing its forest carbon market, but questions have arisen surrounding one of the foreign companies involved.

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EU ETS2 allowance prices could exceed intended €45/tonne “ceiling”, experts warn

Published 22:29 on April 13, 2023  /  Last updated at 01:59 on April 15, 2023  / /  EMEA, EU ETS

Allowances in the new EU carbon market for transport and building heating emissions could exceed the intended price ceiling, experts have warned, arguing that European lawmakers may have created false expectations.

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POLL: EU ETS emissions seen edging up in 2022 as dirtier power gains trump industrial pain

Published 07:16 on March 25, 2023  /  Last updated at 21:38 on February 27, 2024  / /  EMEA, EU ETS

Emissions from stationary installations covered under the EU ETS probably rose marginally last year, according to a survey of analysts, as a rise in CO2 from dirtier power generation was partially offset by a drop in industrial output.

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Verra withdraws UN rice farming offset methodology for review over integrity concerns

Published 22:01 on February 3, 2023  /  Last updated at 01:10 on June 30, 2023  / /  Americas, Asia Pacific, China, International, Kyoto Mechanisms, Nature-based, Other APAC, US, Voluntary

Carbon standard developer and manager Verra has halted the use of a popular UN methodology for generating offsets from growing rice, launching a review of the protocol after integrity concerns were raised.

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EU legislators strike provisional deal on remaining ETS elements of Fit for 55 package

Published 05:31 on December 18, 2022  /  Last updated at 16:27 on February 8, 2024  / /  Aviation/CORSIA, Carbon Taxes, CBAM, EMEA, EU ETS, International, Shipping

EU legislators struck a provisional deal on the remaining EU ETS-related bills under the bloc’s overarching Fit for 55 climate policy package early Sunday, agreeing to backload efforts until later in the decade but securing a slightly higher 2030 emissions reduction target than originally proposed. 

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Developer reportedly steps back from Washington state forest carbon project

Published 01:58 on December 2, 2022  /  Last updated at 00:25 on December 3, 2022  / /  Americas, Nature-based, US, Voluntary

A major forest carbon developer has stepped back from a project in Washington state that is forecast to yield almost 1 million voluntary credits.

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Brazil can meet nearly half of global voluntary carbon credit demand by 2030 -study

Published 23:32 on October 7, 2022  /  Last updated at 11:40 on February 12, 2024  / /  Americas, Carbon Taxes, CBAM, International, Kyoto Mechanisms, Nature-based, Paris Article 6, South & Central, Voluntary

Brazil has the potential to meet nearly 50% of all demand for voluntary carbon credits this decade, according to a study.

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US-based NBS project developer loses CSO to partner firm

Published 22:45 on September 26, 2022  /  Last updated at 22:12 on November 29, 2022  / /  Americas, Bavardage, International, US, Voluntary

A US-headquartered nature-based solutions project developer has lost its Chief Sustainability Officer to a new voluntary carbon startup.

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