Lower financial burdens but unequal impact for households from carbon pricing, finds IMF-backed research
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.
Read MoreBRIEFING: Everything you need to know about Trump VP pick JD Vance
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.
Read MoreIndonesian court overturns Rimba Raya REDD project’s permit revocation
An Indonesian court has ruled in favour of the local concession holder of the giant Rimba Raya REDD project, overturning the national government’s revocation of its licence to operate the scheme.
Read MoreVoluntary carbon removals standard announces new seawater electrolysis protocol
A voluntary carbon standard on Thursday released for public consultation a new protocol aimed at boosting the reliability of CO2 removal through seawater electrolysis.
Read MoreTwo EU member states increase number of EUAs they intend to cancel under ETS flexibility mechanism
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.
Read MoreUS-based soil carbon firm exploring sale options amid challenging voluntary market conditions
A US-based soil carbon removals platform has put itself up for sale amid challenges in the wider voluntary market, Carbon Pulse has learned.
Read MoreFormer CQC boss Newcombe denies wrongdoing allegations, calls them part of plot by investor to seize control of firm
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.
Read MoreFormer C-Quest Capital CEO accused of wrongdoing, reported to US authorities over alleged carbon credit over-issuance
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.
Read MoreIntegrity Council for the Voluntary Carbon Market appoints first CEO
The private sector-led Integrity Council for the Voluntary Carbon Market (ICVCM) has named its first CEO.
Read MoreStudy reveals varied drivers of carbon tax regressivity across Europe
Carbon taxes are widely regarded as essential tools in the fight against climate change, but new research highlights significant differences in how they impact households across Europe, challenging the notion that they are uniformly regressive.
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