US-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.
Read MoreEU’s Market Stability Reserve to withdraw another 267 mln permits from ETS starting Sep. 2024
Almost 267 million carbon allowances will be withdrawn from the EU ETS over the 12 months starting this September and inserted into the Market Stability Reserve (MSR), the European Commission announced late Saturday in its annual ‘TNAC’ update.
Read MoreAfter 50% rally, EU carbon prices seen taking breather on long-term march higher -bank
European carbon prices could “take a breather” after rallying 50% from their recent low, analysts at a major investment bank said this week, though they maintained their bullish long-term view.
Read MoreTwo voluntary carbon project financiers report combined $72 mln in Asian investment losses
Two Toronto-based voluntary carbon project financiers on Wednesday reported a combined $72 mln in unrelated losses to their investments in Asia, raising fresh warnings for backers of such initiatives.
Read MoreGerman govt notified Brussels of intent to cancel up to 12 mln EUAs due to coal-fired generation capacity closures
The German government has notified the European Commission that it intends to voluntarily cancel up to 12.25 million EU Allowances to counter the market impact from the 2022 closure of electricity generation capacities at two ETS installations in the country.
Read MoreCORSIA credits could be worth over $50/t based on airline demand signals, says offset project financier
Prices for first phase CORSIA carbon credits could be valued above $50/tonne based on indications of airline demand, a project financier said Tuesday.
Read More