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VCM Report: Nature-based VER values lift past CORSIA-eligible units

Published 20:58 on September 20, 2021  /  Last updated at 23:08 on September 20, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

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.

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India in a position to adopt net zero target, report says

Published 10:03 on September 20, 2021  /  Last updated at 10:03 on September 20, 2021  /  Asia Pacific, Carbon Taxes, International, Other APAC  /  No Comments

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.

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Australia Market Roundup: Santos registers first energy efficiency carbon projects, as ACCUs rise to fresh high

Published 09:13 on September 20, 2021  /  Last updated at 09:15 on September 20, 2021  /  Asia Pacific, Australia  /  No Comments

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.

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Malaysia to establish emissions trading scheme, guidelines for voluntary carbon market

Published 06:08 on September 20, 2021  /  Last updated at 06:08 on September 20, 2021  /  Asia Pacific, CBAM, International, Other APAC, Voluntary Market  /  No Comments

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.

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US, EU ink methane pact in push to help get COP26 climate summit back on track

Published 01:53 on September 20, 2021  /  Last updated at 01:53 on September 20, 2021  /  Africa, Americas, Asia Pacific, Canada, China, Climate Talks, EMEA, International, Mexico, Other APAC, South & Central, US, Voluntary Market  /  No Comments

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.

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CARBON FORWARD 2021: Amid global carbon credit boom, experts gather to discuss risks, opportunities

Published 20:27 on September 17, 2021  /  Last updated at 15:00 on September 20, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Views, Voluntary Market  /  No Comments

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.

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New offset-backed crypto currency aims to drive up voluntary carbon prices

Published 13:57 on September 17, 2021  /  Last updated at 03:50 on September 18, 2021  /  Americas, Asia Pacific, Canada, EMEA, International, New Market Mechanisms, REDD, US, Voluntary Market  /  No Comments

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.

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Inpex inks carbon neutral propane deal amid calls for greater offset scrutiny

Published 10:03 on September 17, 2021  /  Last updated at 10:47 on September 17, 2021  /  Asia Pacific, Australia, International, Japan, Other APAC, Voluntary Market  /  No Comments

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.

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Scope change, shift to wider baselines required for credibility of voluntary carbon market -think-tank

Published 23:54 on September 16, 2021  /  Last updated at 00:44 on September 17, 2021  /  Africa, Americas, Asia Pacific, EMEA, International, REDD, US, Voluntary Market  /  No Comments

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.

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Taiwan’s CPC signs carbon neutral gas supply deal with industrial giant

Published 11:49 on September 16, 2021  /  Last updated at 12:12 on September 16, 2021  /  Asia Pacific, International, Japan, Other APAC, Voluntary Market  /  No Comments

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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