German 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 MorePOLL: Analysts again slash EUA price forecasts amid no signs of demand recovery
Analysts have once again cut their outlook for EU carbon prices, slashing their near-term forecasts by 10-15% on a mix of weak demand and ample supply.
Read MoreUN, Brazilian NGO announce German-funded $4.9-mln project to combat deforestation in Brazil
A UN agency and a Brazilian NGO on Tuesday announced a new initiative to promote payment for environmental services (PES) for deforestation-free supply chains, focusing on the Atlantic Forest biome in Brazil – a region critically endangered by deforestation activities.
Read MoreINTERVIEW: EU carbon prices haven’t seen bottom yet, veteran analyst warns
EU carbon prices have probably not seen their multi-year bottom yet and will likely head south again to re-test the key €50 level in the coming months, a veteran market analyst told Carbon Pulse.
Read MorePOLL: EU ETS emissions seen down a record 14% in 2023
Verified emissions covered under the EU ETS likely fell by a record 14% year-over-year in 2023, according to a poll of 13 analysts.
Read MoreEU carbon pricing policies could transform, bifurcate global LNG trade -consultancy
The global LNG market is at risk of major transformation and possible bifurcation if the EU extends its carbon pricing policies to include imports of the fuel, according to a major global consultancy.
Read MoreSEC climate disclosure rules reinstated after litigation moved to new court
The US Securities and Exchange Commission’s (SEC) new climate disclosure rules were reinstated by judges at the 5th Circuit Court of Appeals on Friday.
Read MoreTaxing carbon without carbon taxes: Economists chart fiscal policy path to effective climate action
Governments can effectively target carbon emissions without implementing explicit carbon taxes, economists have demonstrated, offering policymakers new tools amid rising public backlash against greenhouse gas pricing policies worldwide.
Read MoreUS grasslands soil carbon developer pays ranchers $3 mln for sequestration efforts in 2023
A US-based grasslands soil carbon project developer last year paid ranchers $3 million for their sequestration efforts, it said Wednesday.
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