Xpansiv aims to launch CORSIA-eligible voluntary carbon spot contract in Q4
Xpansiv, an environmental markets services provider, is looking to launch a CORSIA-compliant voluntary carbon spot contract in Q4, by which time it expects greater liquidity in the market.
Read MoreDATA DIVE: The countries and sectors facing the highest CCS costs in Europe
Countries around Europe have adopted ambitious policies in order to capitalise on the emerging carbon capture and storage (CCS) industry – but costs are set to differ significantly across sectors and countries, according to pricing data shared with and analysed by Carbon Pulse.
Read MoreProfits up at BECCS developer Drax as it continues to await UK subsidy decision
British power company Drax saw profits rise 37% in the first half of the year, as the bioenergy with carbon capture and storage (BECCS) developer continues to await a decision from the UK government on extending the subsidy regime.
Read MoreAir France-KLM cites high EU ETS costs as profits slide 30%
Airline group Air France-KLM reported worse-than-expected results on Thursday, with ETS costs cited among reasons for the news.
Read MoreCredit retirements fall 10% in Q2 as corporates shift away from ‘carbon neutrality’ claims -analysts
Credit retirements in the voluntary carbon market fell 10% in Q2 2024 compared to Q2 2023, while corporates are increasingly wary of adopting ‘carbon neutrality’ claims, according to VCM analysts carrying out a quarterly review of the market.
Read MorePresident Ramaphosa signs into law South Africa’s landmark Climate Change Bill
South African President Cyril Ramaphosa has signed into law the country’s landmark Climate Change Bill, imposing emissions caps on major polluters, the government announced on Tuesday.
Read MoreUK ‘will struggle to achieve’ its 2030 ambitions for carbon capture, says government audit report
The UK is off-track to meet its landmark carbon capture, utilisation, and storage (CCUS) ambition for 2030, according to a report published on Tuesday.
Read MoreEnvironmental markets consultancy announces partnership with soil carbon removals specialist
A British environmental markets consultancy is partnering with a Danish company specialising in regenerative agriculture and soil carbon certification, they announced on Tuesday.
Read MoreVCM report: Green shoots hard to find in voluntary carbon market as summer slump continues
There were few signs signs of recovery across the voluntary carbon market last week, traders warned, as this year’s summer slump continued.
Read MoreDATA DIVE: Why the steel industry may have turned a corner on net zero
The steel sector has potentially turned a corner on net zero, says a new report, after years of being considered a laggard in emissions reduction pathways.
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