Air 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.
Read MoreDATA DIVE: Why the VCM might only recover in 2026
The voluntary carbon market is in a slump, characterised by low trade volumes and largely sluggish prices, as a consistent flow of bad press around projects has put off potential buyers.
Read MoreGaps in UK carbon accounting regulations make tracking emissions more complicated, says report
Gaps in UK carbon accounting regulation are making it more complicated to track UK emissions, according to a new report.
Read MoreBRIEFING: How regulation is becoming ‘a major issue’ for all carbon market participants
Regulation is becoming a major risk for carbon market participants in a growing number of jurisdictions, experts said at a panel discussion on Tuesday organised by Gold Standard.Â
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