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ANALYSIS: Uptick in voluntary carbon market activity still awaiting post-2020 clarity

Published 23:17 on April 10, 2019  /  Last updated at 12:44 on April 11, 2019  /  Africa, Americas, Asia Pacific, Aviation, Climate Talks, EMEA, International, New Market Mechanisms, REDD, Shipping, South & Central, Voluntary Market  /  No Comments

A rise in voluntary market issuances over the past year could signal that entities are preparing for the start of multiple international emissions trading regimes in the next decade, but some cautioned there still may be too much risk to engage in early purchasing.

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ICAO names advisory board for CORSIA aviation offset scheme

Published 22:12 on March 27, 2019  /  Last updated at 13:09 on March 28, 2019  /  Africa, Americas, Asia Pacific, Aviation, Canada, China, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, South Korea, US, Voluntary Market  /  No Comments

UN aviation body ICAO has listed the members of its technical advisory board (TAB) for its CORSIA global offsetting mechanism, adhering to historical splits between rich and poor countries with the latter represented by major CDM host nations and oil majors.

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BRIEFING: Proposed pre-linkage Swiss ETS rule changes include holding limits, high price floor

Published 18:46 on March 27, 2019  /  Last updated at 23:13 on March 27, 2019  /  Aviation, EMEA, EU ETS, International, Switzerland  /  No Comments

Switzerland has launched a consultation over proposed changes to its emissions trading regulations that are needed before it links its carbon market to the EU ETS, floating protective measures including allowance holding limits and a high price floor based on the social cost of carbon.

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Swiss lawmakers give final approval for EU ETS link, setting up 2020 connection

Published 16:42 on March 22, 2019  /  Last updated at 17:54 on March 22, 2019  /  Aviation, EMEA, EU ETS, International, Switzerland  /  No Comments

Swiss lawmakers have given final approval to the country’s carbon market link with the EU ETS, paving the way for the connection to start next January.

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British Airways, Saudi billionaire hit as UK govt levies £900k in EU ETS non-compliance fines

Published 17:31 on March 21, 2019  /  Last updated at 17:31 on March 21, 2019  /  Aviation, Bavardage, EMEA, EU ETS, International, Middle East  /  No Comments

The UK government has imposed fines totalling nearly £900,000 on more than 40 entities for EU ETS non-compliance in the latest round of climate-related penalties.

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ICAP Status Report 2019: Emissions Trading Worldwide

Published 21:51 on March 19, 2019  /  Last updated at 21:51 on March 19, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, China's Pilot Markets, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Views  /  No Comments

Carbon Pulse partner ICAP has published its annual Status Report “Emissions Trading Worldwide”. The 2019 edition provides a comprehensive overview of the latest developments and design elements of all ETS in operation, scheduled and under consideration around the world.

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UK to consult on mandating travel providers to offer passengers “genuinely additional” offsets

Published 14:17 on March 13, 2019  /  Last updated at 14:17 on March 13, 2019  /  Aviation, Carbon Taxes, EMEA, EU ETS, International, REDD, Voluntary Market  /  No Comments

The UK is considering forcing all transportation providers to offer “genuinely additional” carbon offsets to give passengers more opportunity to achieve carbon neutral travel, the government announced Wednesday.

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EU nations warm to aviation taxes as ETS fails to dent emissions

Published 23:17 on March 7, 2019  /  Last updated at 23:20 on March 7, 2019  /  Aviation, Carbon Taxes, EMEA, EU ETS, International  /  No Comments

Several wealthy EU nations are mulling introducing or raising air travel taxes to help tackle the sector’s emissions, which are still rising despite having been covered by the bloc’s ETS since 2012.

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ICAO implements advisory body to review CORSIA offset units, though questions remain

Published 23:24 on March 6, 2019  /  Last updated at 23:35 on March 6, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

UN aviation body ICAO announced Wednesday that it had enacted an advisory body to review emissions credits under its CORSIA global offsetting mechanism, but it was unclear whether it had reached further decisions on the panel’s membership and transparency.

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ICAO approves carbon unit criteria for CORSIA aviation offset scheme

Published 23:28 on March 5, 2019  /  Last updated at 15:16 on March 6, 2019  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

UN aviation body ICAO’s Council approved broad emissions unit criteria on Tuesday under its CORSIA global offsetting mechanism, placating green groups that had warned the body against making changes that could undermine the programme’s environmental integrity.

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