Sustainable aviation too slow to take off, finds report
A mere 12% of airlines around the world are making “noteworthy efforts” to switch from kerosene to truly sustainable aviation fuels (SAFs), while the others are either buying too little or the wrong kind of alternative, according to an NGO ranking published on Tuesday.
Read MoreFragmentation of standards a fact of life in new carbon market landscape, say experts
Fragmentation in international carbon markets is now a “reality”, and it is unlikely that there will be a single global standard for credits as countries continue to take different approaches in terms of project development, according to panelists speaking at a conference on Tuesday.
Read MoreWCI, Washington release expected 2025 auction dates and reserve prices
The California-Quebec joint carbon market and Washington’s cap-and-invest programme announced auction dates and reserve prices for 2025 on Monday, along with next year’s sale volumes.
Read MoreCFTC: Traders bulk holdings in V25s across WCI, RGGI carbon markets
Both emitters and financial players continued to move their holdings in California Carbon Allowances (CCAs) and RGGI Allowances (RGAs) into 2025 at the expense of 2024, delayed data from the US Thanksgiving holiday published Monday by the US Commodity Futures Trading Commission (CFTC) showed.
Read MoreBRIEFING: US data centres, AI growth add pressure for transmission permitting reform -panellists
As data centres and artificial intelligence drives electricity demand across the US, permitting wait times for transmission lines will need to be dramatically sped up in a number of ways, panellists said Monday, from limiting lawsuits against transmission projects to centralizing permitting authority in the federal government.
Read MoreCanada proposes CFR credit generation updates
Canada proposed changes to carbon intensity (CI) calculations of certain fuels eligible for credit generation under the Clean Fuel Regulations (CFR) on Friday.
Read MoreEuropean country donates up to $21 mln to Brazil’s Amazon Fund
Brazil’s national development bank announced Friday that a European nation has donated up to $21.1 million to the Amazon Fund, aiming to help combat deforestation and promote sustainable development.
Read MoreINTERVIEW: US non-profit to launch Ethiopian methane carbon credit project
A North Carolina-based research non-profit is set to launch a carbon credit project in Ethiopia with a US development agency, aiming to expand its approach for reducing enteric methane emissions from small farmers’ livestock in the developing world, representatives of the organisation told Carbon Pulse on the sidelines of COP29.
Read MoreVCM Report: Verra carbon credit retirements breach 7 mln as market shows signs of life
Retirements in the Verra voluntary carbon registry surged to just over 7 million last week, as the market started to show some life after having failed to ignite after the COP climate talks last month.
Read MoreIFC launches $450-mln green bond to fund biodiversity
The International Finance Corporation (IFC) has issued a A$700-million ($451 mln) so-called green kangaroo bond in Australia to help close the biodiversity funding gap in emerging markets, it announced Monday.
Read More