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VCM Report: VER bull run storms ahead, CME logs inaugural trades of nature-based offset futures

Published 22:32 on August 2, 2021  /  Last updated at 22:32 on August 2, 2021  /  Africa, Americas, Asia Pacific, Australia, 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

Voluntary emissions reduction (VER) prices across multiple product categories in the voluntary carbon market (VCM) extended record highs this week, as CME Group’s nature-based carbon offset futures contract transacted for the first time on Monday.

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Australia Market Roundup: Regulator hands out 430,000 ACCUs, as govt secures path to fund CCS, soil carbon

Published 11:53 on July 30, 2021  /  Last updated at 11:53 on July 30, 2021  /  Asia Pacific, Australia  /  No Comments

The Clean Energy Regulator has issued more than 430,000 new carbon credits this week, while the government on Friday said it has introduced regulations that ensure it can use the renewable energy agency ARENA to fund new technologies, including offset-eligible CCS and soil carbon.

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Renewable Energy Hub launches carbon, clean energy trading platform

Published 21:00 on July 29, 2021  /  Last updated at 11:34 on July 29, 2021  /  Asia Pacific, Australia, International, Japan, New Zealand, Other APAC, REDD, Voluntary Market  /  No Comments

Melbourne-based Renewable Energy Hub is launching a new OTC-based trading platform for carbon and clean energy products, it announced Friday, offering a range of compliance and voluntary instruments primarily targeting the Asia-Pacific region.

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Mitsubishi takes stake in Australian offset developer

Published 04:43 on July 29, 2021  /  Last updated at 07:41 on July 29, 2021  /  Asia Pacific, Australia, International, Japan, Voluntary Market  /  No Comments

Japan’s Mitsubishi Corp. has taken a 40% stake in an Australian developer of nature-based carbon credits, it announced Thursday, further extending the conglomerate’s growing involvement in voluntary emissions markets.

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Oil and gas majors stoke Australian offset demand, analysts say

Published 11:39 on July 28, 2021  /  Last updated at 11:50 on July 28, 2021  /  Asia Pacific, Australia  /  No Comments

Large oil and gas companies are behind most of the recent increase in demand for Australian carbon credits, which has seen prices rise by more than a quarter this year, according to analysts.

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VCM Report: VERs steady on upward path, as developers forgo forward contracts  

Published 22:42 on July 26, 2021  /  Last updated at 22:42 on July 26, 2021  /  Africa, Americas, Asia Pacific, Australia, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary carbon market prices for nature- and non-nature-based credits rose once again this week, as project developers began shifting back to spot voluntary emissions reduction (VER) deals rather than forward contracts.

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Australia Market Roundup: Tasmanian project earns big ACCU batch, as govt plans new offset methods

Published 10:59 on July 26, 2021  /  Last updated at 10:59 on July 26, 2021  /  Asia Pacific, Australia  /  No Comments

A native forest protection projection in Tasmania has secured the biggest share of the latest batch of newly issued Australian Carbon Credit Units (ACCUs), while the federal government on Monday invited public input on potential new project types for the offset market.

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Trading house opens Singapore carbon desk, former Shell traders join

Published 09:11 on July 22, 2021  /  Last updated at 09:11 on July 22, 2021  /  Asia Pacific, Australia, Bavardage, China, China's National ETS, China's Offset Market, Other APAC, Voluntary Market  /  No Comments

A major Dutch-headquartered firm has become the latest trading house to expand its emissions business to the Asia-Pacific region, with at least two carbon traders joining from Shell.

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Australian, Japanese firms to explore offset-backed ammonia from natural gas

Published 16:00 on July 21, 2021  /  Last updated at 16:00 on July 21, 2021  /  Asia Pacific, Australia, Japan  /  No Comments

Australia’s Woodside and a quartet of Japanese companies are exploring the possibility of using Australian natural gas to produce ammonia for the Japanese market, with associated CO2 emissions to be offset from CCS or bio-sequestration projects.

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Glencore sets up Asian carbon desk, hires ex-BP traders

Published 12:00 on July 21, 2021  /  Last updated at 12:25 on July 21, 2021  /  Asia Pacific, Australia, Bavardage, China, China's National ETS, China's Offset Market, International, New Zealand, Other APAC, Voluntary Market  /  No Comments

Commodity trading house Glencore has set up an emissions desk in Singapore, with a former BP carbon trader heading up operations.

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