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VCM Report: VER prices slide on lower volume, though renewables restrictions boosting long-term bullishness

Published 21:37 on March 29, 2021  /  Last updated at 22:03 on March 29, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emission reduction (VER) prices dipped this week as market participants reported less activity in exchange-traded contracts, though restrictions on the eligibility of large-scale renewables projects are helping sustain voluntary carbon market (VCM) values across the spectrum.  

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Australia Market Roundup: ERF receives nearly 1.5 mln offsets, developer Climate Friendly gets fund injection

Published 11:57 on March 29, 2021  /  Last updated at 11:57 on March 29, 2021  /  Asia Pacific, Australia  /  No Comments

Developers have delivered close to 1.5 million new credits to the Emissions Reduction fund (ERF) over the past month, according to Clean Energy Regulator data, while a private equity firm has taken a majority stake in Climate Friendly.

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New South Wales govt seeks offset suppliers for vehicle carbon offset scheme

Published 03:12 on March 29, 2021  /  Last updated at 09:19 on March 29, 2021  /  Asia Pacific, Australia  /  No Comments

The NSW state government in Australia has issued a tender for the supply of domestic carbon credits to a voluntary carbon offsetting scheme for light vehicles it is planning as part of its efforts to reach net zero emissions by 2050.

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MARC(U) MY WORD: Ensuring the acceptability of border carbon adjustments

Published 14:00 on March 26, 2021  /  Last updated at 21:27 on March 29, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, CBAM, China, Climate Talks, Dialogue, EMEA, EU ETS, International, Views  /  No Comments

EU discussion over imposing a border carbon adjustment has mostly focused on the technical design and implementation challenges raised by this complex instrument. Even the most robust design will mean little, however, if the measure fails to secure buy-in from relevant stakeholders in Europe and abroad, write Andrei Marcu of think-tank ERCST and Michael Mehling of MIT.

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EXCLUSIVE: Discredited, ageing Kyoto offsets re-emerge to taint voluntary carbon market

Published 16:29 on March 22, 2021  /  Last updated at 00:13 on March 23, 2021  /  Africa, Americas, Asia Pacific, Australia, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Years after being widely discredited, decade-old Kyoto Protocol offsets from Russia and Eastern Europe are still in circulation in the voluntary carbon market, with nearly 2.6 million sold to companies in the EU and US by an established trading house that said some buyers are seeking the cheapest possible credits.

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Carbon market veteran joins US-based offset developer C-Quest Capital

Published 15:57 on March 19, 2021  /  Last updated at 15:57 on March 19, 2021  /  Africa, Americas, Australia, Bavardage, International, US, Voluntary Market  /  No Comments

A carbon market veteran who co-founded a major offset investment group nearly two decades ago has joined US-based project developer C-Quest Capital, Carbon Pulse has learned.

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“Forceful, abrupt” international climate action response to birth US carbon price by 2025 -experts

Published 18:56 on March 18, 2021  /  Last updated at 11:22 on March 19, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Delayed efforts to combat climate change will result in a “forceful, abrupt, and disorderly” response by governments by 2025, which combined with protectionist policies will see the US introduce a national carbon pricing system by that date.

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South Pole’s Australian climate strategy head joins rival offset developer

Published 08:30 on March 15, 2021  /  Last updated at 22:59 on March 15, 2021  /  Asia Pacific, Australia, Bavardage  /  No Comments

South Pole’s head of climate strategy for the Oceania region has left the company to take up a position as director for commercial development at one of Australia’s major offset developers.

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Woodside, Trafigura announce first carbon neutral condensate shipment

Published 00:54 on March 15, 2021  /  Last updated at 08:35 on March 15, 2021  /  Asia Pacific, Australia, International, Japan, Other APAC, Voluntary Market  /  No Comments

Australia’s Woodside Energy and Singapore-headquartered traders Trafigura on Monday announced their first involvements in fossil fuel shipments voluntarily backed by carbon credits.

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Australia Market Roundup: Forestry project earns large first ACCU batch, as hydrogen pilot marks milestone

Published 08:40 on March 12, 2021  /  Last updated at 12:39 on March 12, 2021  /  Asia Pacific, Australia, Japan  /  No Comments

A Western Australia forest regeneration project this week earned its first batch of carbon credits worth A$2.3 million ($1.8 mln) at current prices, while regulator data underlined voluntary buyers’ preferences for foreign offsets and a hydrogen pilot project commenced operations.

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