VCM Report: Nature-based VER values lift past CORSIA-eligible units
Prices for exchange-traded, standardised voluntary emissions reductions (VERs) rose more quickly among nature-based products than CORSIA-qualified credits for the second straight week, reasserting a premium in the voluntary carbon market (VCM) that had evaporated earlier this month.
Read MoreIndia in a position to adopt net zero target, report says
India should target net zero emissions by between 2065 and 2070, and reach a peak in its emissions by 2035, according to a new think tank report.
Read MoreAustralia Market Roundup: Santos registers first energy efficiency carbon projects, as ACCUs rise to fresh high
Australian oil and gas firm Santos has won approval for its first to industrial energy efficiency projects to earn carbon credits, as the domestic spot offset price has again hit a record high.
Read MoreMalaysia to establish emissions trading scheme, guidelines for voluntary carbon market
Malaysia will develop a domestic emissions trading scheme and draft guidelines to set up a voluntary carbon market, its environment minister said over the weekend.
Read MoreUS, EU ink methane pact in push to help get COP26 climate summit back on track
The US and EU have jointly pledged to slash their methane emissions, in an internationally coordinated move seen as a significant step ahead of next month’s UN climate talks, which observers warn are at risk of faltering.
Read MoreCARBON FORWARD 2021: Amid global carbon credit boom, experts gather to discuss risks, opportunities
The sixth instalment of Carbon Forward – the premier annual environmental markets conference – is back, and it’s stacked with a first-class line-up of speakers to discuss the global boom in carbon credit prices, as well as government- and corporate-led efforts to scale up these markets.
Read MoreNew offset-backed crypto currency aims to drive up voluntary carbon prices
A new US-based digital currency protocol is closing its ‘fair launch’ auction on Friday, raising funds it intends to use to buy voluntary carbon offsets in a bid to drive up market prices and force big companies to reduce their emissions.
Read MoreInpex inks carbon neutral propane deal amid calls for greater offset scrutiny
Japanese oil and gas company Inpex signed a carbon neutral propane gas deal with major LPG player Astomos Energy this week, broadening the list of fossil fuel product trades that are controversially claiming carbon neutrality.
Read MoreScope change, shift to wider baselines required for credibility of voluntary carbon market -think-tank
Moves to scale up the global voluntary carbon market (VCM) would benefit from a shift away from small initiatives and project-level crediting towards corporate-wide abatement efforts and sector- or industry-wide baselines.
Read MoreTaiwan’s CPC signs carbon neutral gas supply deal with industrial giant
Taiwan’s state-owned oil and gas company CPC Corporation has signed an agreement with a semiconductor company TSMC for the supply of “carbon neutral” natural gas, the company announced on Thursday.
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