New partnership aims to scale voluntary carbon trade via live market data linkup
A data management company has teamed up with an online trading platform provide to deliver live voluntary carbon market information to customers, the two announced on Wednesday.
Read MoreCommonwealth’s carbon tax law model aims to help countries price polluters
The Commonwealth of Nations is looking to help member countries implement a carbon tax based on a model law designed to make it easy to administer, ensure a just transition, and reduce the impact on low-income and vulnerable groups.
Read MoreINTERVIEW: New global finance goal must drill down on who pays, where it goes, and how it’s tracked
The new global climate finance goal will have to drill down on details such as where the money comes from, where it is allocated, how it is monitored and verified, and, ideally, how to bolster integrity of carbon markets, according to a senior international climate finance official.
Read MoreETS poses a “conundrum” to southern EU ports competing with North Africa, shippers council says
The European Shippers Council has hit back at an NGO’s claim that shipping companies are profiting from the ETS, countering that companies operating in southern EU countries will struggle to meet compliance obligations.
Read MoreOil and gas producers aiming to quadruple new reserve developments by 2030 -report
Oil and gas producers worldwide aim to quadruple the amount of reserves sanctioned for development within the decade, research finds, in direct contrast to scientific warnings that new fossil fuel investments must end in order to limit warming to 1.5C.
Read MoreMaersk still profiting from ETS surcharges, NGO says in response to company’s pushback
The NGO Transport & Environment is standing firm on claims that AP Moller-Maersk is charging customers more than the actual cost of complying with the EU ETS, after updating its analysis in response to pushback from the Danish major.
Read MoreOil and gas companies fail to sufficiently disclose climate risks for investors -study
The voluntary climate action disclosure from 10 oil and gas majors falls short of what investors need to accurately gauge how they will meet their goals, and the risks posed by those transitions, according to analysis published on Wednesday.
Read MoreUK oil and gas regulator pushes developers to cut emissions or face possible closure
The UK’s offshore oil and gas regulator is asking developers to boost electrification and cut down on flaring and venting or face potential closure, in an effort to reduce emissions from fossil fuels production while keeping supply secure.
Read MoreNew biochar carbon token launched with a promise to thwart greenwashing
A carbon-negative investment platform is issuing a biochar carbon token that “cannot be corrupted by greenwashing”, using blockchain-based trading technology, it announced on Tuesday.
Read MoreLEGO signs up for long-term carbon removals
LEGO Group has signed a nine-year deal with a direct air capture technology developer to permanently remove CO2, the companies announced on Tuesday.
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