Kazakhstan considers legal framework for implementing Article 6
An environmental package proposed in Kazakhstan is poised to implement the country’s carbon offset mechanisms and Article 6 provisions, provided that the country’s reformed parliamentary body advances it.
Read MoreAustralian carbon market sees annual traded volumes fall 20% as emitters well-supplied -analysis
Total traded volumes of carbon credits in the financial year ending last month was down some 20% year-on-year, according to recent analysis.
Read MoreCN Markets: CEAs stay above RMB 85, trading volumes jump
Prices in China’s emissions market climbed to the RMB 85 ($12.51) level this past week with robust trading activity, while CCER prices fluctuated significantly amid the limited credit issuance.
Read MoreRevenue recycling key to winning public backing for carbon pricing, EU review finds
Revenue recycling mechanisms such as direct household rebates, tax cuts, and visible environmental investments are the most effective way to increase public support for carbon pricing policies, according to a systematic review published this week by the European Commission’s Joint Research Centre (JRC), which also found that how carbon prices are communicated can significantly influence public acceptance.
Read MoreSouth Korean companies searching for offset projects as KAU prices expected to rise, expert says
South Korean companies are scrambling to invest in new offset projects in anticipation of rising domestic carbon prices, according to an expert.
Read MoreChina has potential to become international offset buyer as its ETS evolves
China has the potential to become a major buyer in the global carbon credit market as its emission trading scheme evolves, a conference heard Thursday.
Read MoreBRIEFING: China’s shift to absolute ETS caps may create new model for developing countries
China’s experience in finetuning its national ETS, particularly its transition toward absolute caps, could serve as a model for other developing countries, a conference heard Wednesday.
Read MoreSK Market: KAU auction sells full volume as price retreats
South Korea’s environment ministry sold all 2.83 million KAU-25 permits on offer at its latest auction at a clearing price of KRW 25,400 ($16.75) each, according to data from the Korea Exchange (KRX).
Read MoreScientist questions integrity of NSW forest credit method
Former CSIRO Chief Scientist John Raison has told Climate Minister Chris Bowen that Australia’s new native forest carbon credit method risks undermining the credibility of the ACCU scheme.
Read MoreAU Market: ACCU price holds, as traded volumes slip, contract exit arrangement requests open
Australia’s carbon market continues to meet resistance above the A$38 ($26.37) mark, as monthly volumes continue to trade below 2025 levels, while the start of the financial year saw applications open for the the new permanent exit arrangements for carbon contract holders.
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