US DOE identifies adequate biomass potential to surpass domestic SAF target
The US will have a biomass production capacity of 1 billion tonnes in the future – enough to nearly double its 2050 sustainable aviation fuel (SAF) target, the Department of Energy (DOE) reported.
Read MoreVCM Report: Low price trade dominates voluntary carbon market as liquidity thins ahead of CCPs arrival
Over-the-counter trade seems to have slowed in the voluntary carbon market and retirement levels have fallen ahead of the much-anticipated announcement at the end of the month of the first methodologies that will qualify for the Core Carbon Principles (CCPs) stamp of high integrity.
Read MoreAirlines on a flight of fancy over SAF production, warns report
Airlines are relying on production processes for sustainable aviation fuel (SAF) that are not yet ready to scale to avoid paying for their carbon emissions under the first phase of CORSIA, warns a report.
Read MoreJust 6% of past voluntary carbon credit issuances likely to meet ICVCM’s CCP label -analysts
A little over 6% of historical credit issuances have a strong chance of receiving the CCP label by the Integrity Council for Voluntary Carbon Markets (ICVCM), with the tag potentially a more stringent marker of quality than CORSIA-eligible credits, according to market analysts.
Read MoreVCM Report: KSET liquidation sparks sell off in voluntary carbon spots and futures
Standardised voluntary carbon spot contracts for old CORSIA and related futures tumbled this week from already low levels, in the wake of asset manager KraneShares announcing it will liquidate its KSET exchange-traded fund.
Read MoreExchange to imminently launch CORSIA, REDD+ voluntary carbon futures
A Singapore-based exchange is expected to be ‘weeks away’ from launching two physically-settled voluntary carbon futures contracts, one focused on units eligible for the current phase of CORSIA, and the second on jurisdictional REDD+ credits.
Read MoreExperts underscore supply-demand imbalance across new generation of voluntary carbon credits
There is a strong imbalance between demand for a new generation of voluntary carbon credits, eligible for international mechanisms or with integrity labels, and expected supply, analysts told a conference last week.
Read MoreEU aircraft operators emitted 105 mln tonnes during CORSIA-eligible flights in 2022, data shows
EU aircraft operators covered by the UN’s CORSIA offsetting scheme emitted 105 million tonnes of CO2 in 2022, according to European Commission data released late Friday, figures that will shed some light on carriers’ demand for carbon credits.
Read MoreDirect air capture developer signs carbon removals offtake deals with airlines
A developer of direct air capture facilities has inked a deal with two airlines for an undisclosed volume of carbon removals delivery out to 2030.
Read MoreCF ASIA: CCER supply may remain limited this year as China expected to take wait-and-see attitude
China may see limited supply of carbon credits in the coming months even after the official relaunch of the national voluntary programme, as the government is taking a cautious approach to ensure offset quality and avoid oversupply issues, the Carbon Forward Asia conference heard Thursday.
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