Top

Voluntary offset prices flat in 2019 amid scramble for cheap renewable units -report

Published 21:38 on September 23, 2020  /  Last updated at 09:05 on September 24, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, EMEA, International, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Voluntary carbon credit prices flatlined in 2019 amid increased transactions, as new buyers rushed to buy cheap renewables-sourced units ahead of this year’s cut-off for registering many clean energy projects.

Read More
Top

UN’s CORSIA to add €0.17 to ticket prices for flights leaving EU -study

Published 15:25 on September 23, 2020  /  Last updated at 22:50 on September 23, 2020  /  Aviation/CORSIA, EMEA, EU ETS, International  /  No Comments

The UN’s CORSIA international aviation offsetting mechanism will add just 17 euro cents to ticket prices for long-haul flights from the EU, according to an NGO-commissioned study published Wednesday.

Read More
Top

Brussels plans emissions-cutting revamp of EU air traffic rules

Published 14:31 on September 22, 2020  /  Last updated at 22:01 on September 23, 2020  /  Aviation/CORSIA, EMEA, EU ETS, International  /  No Comments

The European Commission proposed an upgrade to its air traffic management framework on Tuesday, aiming to overcome many failed attempts and to cut the sector’s emissions by 10%.

Read More
Top

French plans for aviation tax hike to face parliament after ministerial split

Published 20:57 on September 21, 2020  /  Last updated at 22:13 on September 21, 2020  /  Aviation/CORSIA, EMEA, EU ETS, International  /  No Comments

France’s parliament will have the last word over a citizen-led climate proposal to increase an aviation levy, following an inter-ministerial dispute and warnings that the hike may hit the country’s economy, the head of a French consultative assembly said on Monday.

Read More
Top

Netherlands confirms carbon tax on ETS-covered industry

Published 19:47 on September 15, 2020  /  Last updated at 08:35 on September 16, 2020  /  Aviation/CORSIA, Carbon Taxes, EMEA, EU ETS, International  /  No Comments

The Netherlands will apply from next year a carbon tax on EU ETS-covered heavy industries, the government announced Tuesday, though high EUA prices and wide initial exemptions mean the levy may have little impact at first.

Read More
Top

Thirteen global airlines commit to 2050 net zero emissions

Published 21:52 on September 11, 2020  /  Last updated at 23:29 on September 11, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

The Oneworld airline alliance has pledged to achieve carbon neutrality by mid-century, with several major carriers joining other member companies that had already announced similar emissions goals.

Read More
Top

Aviation industry targets hydrogen in sector’s long-term decarbonisation strategy

Published 22:59 on September 8, 2020  /  Last updated at 22:59 on September 8, 2020  /  Aviation/CORSIA, Climate Talks, EMEA, International, RINs & LCFS  /  No Comments

Green hydrogen could help slash the long-term carbon footprint of global air travel in the coming years, while more stringent carbon abatement targets and a decreased reliance on traditional biofuels will also be necessary to increase the pace of emissions reductions, a conference session heard Tuesday.

Read More
Top

ANALYSIS: Voluntary offset market targeted as digital firms deepen climate offerings

Published 12:24 on September 3, 2020  /  Last updated at 23:52 on September 3, 2020  /  Aviation/CORSIA, International, Voluntary Market  /  No Comments

The voluntary carbon market could be ripe for consolidation as demand to fulfill corporate climate strategies gathers pace and digital services grow in sophistication.

Read More
Top

New private sector taskforce seeks massive scale-up for voluntary carbon market

Published 22:21 on September 2, 2020  /  Last updated at 22:28 on September 2, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, EMEA, International, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Several dozen financial entities, large corporate emitters, and offset standards and retailers on Wednesday unveiled a taskforce to build consensus on how to best grow the voluntary carbon market in the face of higher credit demand and to meet Paris Agreement climate goals.

Read More
Top

CORSIA impacts weighing on otherwise resilient voluntary offset prices -developer

Published 23:14 on September 1, 2020  /  Last updated at 23:14 on September 1, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary carbon offset prices are steady this year as demand largely keeps up, but the COVID-19 pandemic’s disproportionate impact on international air travel and changes to the global aviation offset mechanism CORSIA are exerting bearish pressure, a project developer said Tuesday.

Read More