Article 6 trading, rising standards helping to offset risks in voluntary carbon market -experts
The Paris Agreement’s new international carbon market regime, combined with the development of digital monitoring technologies and rising standards, is helping to rebalance the perception of risk in the voluntary carbon market, speakers told a conference on Tuesday.
Read More“We’re adjusting the speed a bit”: Oil majors say they’re sticking to net zero course
The oil and gas industry is sticking to its promises of decarbonisation, but having to adjust its pathway as it runs into complications ranging from high costs of renewables, access to projects and grids, to the slow development of carbon capture, executives said on Tuesday.
Read MoreUkraine approves roadmap for national ETS
Ukraine has approved a roadmap for setting up a national emissions trading system (ETS) – although it would not become fully operational until the country’s war-torn economy has recovered, the environment minister has announced.
Read MoreEU ETS insufficient to cut the cost of green shipping corridors before 2040s -report
A global fuel standard for shipping is not enough to bring down the cost of clean fuel maritime corridors, even when the effects of the EU ETS are added in, according to new research.
Read MoreBrussels seeks more experts to help expand EU ETS aviation coverage
The European Commission is seeking applications from experts to support the extension of the EU ETS Directive to additional areas of the aviation sector, it announced on Wednesday.
Read MoreBiomethane producer taps registry for BECCS credit certification
A European biomethane producer has selected a carbon crediting platform to certify its carbon removal (CDR) credits for its bioenergy with carbon capture and storage (BECCS) projects, the companies announced on Wednesday.
Read MoreINTERVIEW: How to make carbon pricing multilateral, step by step
Multilateral carbon pricing schemes can be more effective in tackling carbon leakage and ensuring fair trade than unilateral measures — but they need to be phased in slowly, starting with common standards for pricing and reporting, according to an expert at the World Economic Forum (WEF).
Read MoreStandards-setter approves dMRV pilots in effort to boost verification
A carbon standards-setter has approved three new digital monitoring, reporting, and verification (dMRV) pilot projects aimed at enhancing transparency, efficiency, and access to climate finance in its projects, it announced on Tuesday.
Read MoreUK urged to abandon Rosebank, Jackdaw oil developments to avoid fossil fuels lock-in
The UK government needs to block any future bids to develop the offshore Rosebank and Jackdaw oil and gas fields in order to stick to its climate commitments and avoid locking the country into stranded investments, researchers said on Monday.
Read MoreBRIEFING: Carbon capture is a public good, needs policies to drive growth -experts
Carbon capture and storage (CCS) is vital to reach net zero emissions, but projects need to be driven by climate policies to prevent the technology from being used as an excuse to keep fossil fuels alive, experts said.
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