BRIEFING: Methods, Indigenous leadership, and stronger market signals key for carbon markets, climate authority hears
Improving the project method development process, strengthening Indigenous leadership, and improving market signals were laid out as key elements that would help Australia’s carbon market achieve the country’s climate goals, according to a report by the Climate Change Authority (CCA).
Read MoreINTERVIEW: Australian govt should make priority list of ACCU methods to meet 2035 targets, ERAC chair says
The Australian government should use the ongoing review of its carbon market to set a list of priority methods that would help it achieve its 2035 emissions reduction target, according to the head of the market’s integrity body.
Read MoreANALYSIS: China’s latest five-year roadmap sends signal to national ETS, but worries over emissions trajectory persist
China’s newly announced roadmap for the next five years has somewhat provided clarity on the fundamentals of the national emissions trading system, but worries remain as to whether the latest target will allow the country’s CO2 output to grow.
Read MoreCN Markets: CEAs reach RMB 82, liquidity jumps following Two Sessions
Allowance prices in China’s national emissions market continued to rise over the past week amid increased liquidity, as the country unveiled its development roadmap for the next five years.
Read MoreMalaysia carbon tax could cut corporate profits by 5% even at low starting price
Malaysia’s planned carbon tax could cut profits for companies even at a modest starting price, according to an investment bank.
Read MoreSK Market: Monthly KAU auction oversubscribed, clears higher amid emerging buying interest
South Korea’s latest CO2 allowance auction again went oversubscribed, as emitters seek to secure allowances at relatively low prices amid expectations of tightening permit supply.
Read MoreCN Markets: CEAs back above RMB 80, liquidity slides after holidays
Allowance prices in China’s national emissions market remained above the RMB 80 ($11.60) level after the week-long Lunar New Year holidays, amid sustained momentum in the policy-driven market.
Read MoreBRIEFING: Early compliance risks could slow adoption of India’s ETS
India’s emerging compliance carbon market could face early operational hurdles as companies scramble to build the monitoring and reporting systems required under the new Carbon Credit Trading Scheme (CCTS), a webinar heard Thursday.
Read MoreCarbon markets risk entrenching Indigenous Australian inequalities, research paper argues
Australia’s carbon market should find a way to credit Indigenous landholders for maintaining intact ecosystems, as opposed to only rewarding those that have been degraded and are only now being restored, according to research published Thursday.
Read MoreChina targets 17% cut in carbon intensity over next five years
China is targeting a total 17% cut in its emissions per unit of GDP in the current five-year period (2026-30), according to a government work report submitted Thursday to the country’s top legislature for deliberation.
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