Industry veteran launches new Houston-based environmental brokerage, consulting firm
A financial markets veteran has started a new Houston-based brokerage and consulting firm specialising in environmental credit solutions.
Read MoreCanadian carbon markets at risk of oversupply -report
A think tank suggests that Canadian provinces’ large-emitter trading systems would require reform to prevent a credit oversupply which they say could undermine effectiveness of reducing industrial emissions via such market-based mechanisms, in a report published Monday.
Read MoreCalifornia scraps e-motorcycle sales target mandate
California regulator ARB last week shelved its plans to ramp up zero emission motorcycle (ZEM) use in the state by mandating sales targets and imposing stringent rules on internal combustion engine (ICE) counterparts.
Read MoreRGGI Market: “Overpriced” RGAs hold more than $1 above Q4 weak auction settlement
RGGI Allowances (RGA) in the secondary market reverted up from a heavily discounted permit sale mid-week for the closing quarter of 2024, with traders anticipating further downside and regulatory updates to inform year-end direction.
Read MoreUS appeals court sides with Kentucky in EPA case over ‘good neighbour’ rules
A US Circuit Court delivered a two-pronged win for Kentucky against the US EPA after ruling that the agency’s denial of the state’s pollution control plan violated federal law.
Read MoreGold Standard flags World Bank’s MIGA as its only recognised insurance policy for CORSIA credits
Gold Standard on Monday published new guidance on the approval process of its carbon credits for use under the first phase of the CORSIA global aviation offsetting scheme, stating that only projects insured via the World Bank’s Multilateral Investment Guarantee Agency (MIGA) will be deemed eligible.
Read MoreVCM Report: CORSIA carbon futures bounce after ICAO formally approves new standard bodies
Eligible futures for CORSIA Phase 1 bounced higher on Monday after a late Friday announcement from UN agency ICAO confirmed four new standard bodies have been formally granted eligibility to supply credits to the international aviation offsetting scheme.
Read MoreColombian standard puts first biodiversity credit project out for consultation
A Colombian environmental standard has opened a public consultation on the first conservation project registered under its biodiversity credit programme, planning to certify it next year.
Read MoreINTERVIEW: Book-and-claim deals could drive early adoption of low-carbon cement
Selling low-carbon cement through book-and-claim deals, which separate the emissions savings from the physical product that’s delivered, can help to scale up clean technologies by addressing the problems of geographic constraints and cost premiums, according to a manager at a clean cement developer.
Read MoreBRIEFING: Article 6 causing confusion for corporate buyers – but should boost confidence long term
The agreement on Article 6 at COP29 last month is raising confusion among corporate carbon credit buyers but it should boost confidence in the market longer term, participants told an industry conference last week.
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