Airline boss calls for EU ETS costs to align with CORSIA
A European airline has described the ‘two tier’ carbon scheme created by the EU Emission Trading Systems (ETS) and the UN’s CORSIA international aviation offsetting scheme as “manifestly unfair” and “scandalous”.
Read MoreDeveloper imminently expects first CCP label for cookstove carbon credits, targets $20/t
A cookstove project developer expects its carbon credits to be soon labelled with the Core Carbon Principles (CCP) stamp of high integrity, the first in the market from the sector, after slashing emissions reduction claims via a new accounting method, it announced Tuesday.
Read MoreBRIEFING: Kenyan Article 6, CORSIA trading squeezed by NDC ambition
Kenya’s supply of ‘correspondingly adjusted’ (CA) credits is severely constrained by ambitious commitments in the country’s Nationally Determined Contribution (NDC) UN climate targets, according to speakers at the Kenya Carbon Markets Conference in Nairobi on Monday.
Read MoreVCM Report: ARR carbon credit prices rally as Microsoft steps in with mega-deal
Prices for afforestation, reforestation, and revegetation (ARR) carbon credits jumped last week amid news that Microsoft has bought 18 million units in a forward purchase agreement from a US firm, but other sectors continued to flat line.
Read MoreUS lawmakers introduce bill to allow civil supersonic flight, potentially increasing aircraft emissions
US Republican lawmakers introduced a bill on Wednesday seeking to overturn a half-century ban for airline operators to fly aircraft at supersonic speeds.
Read MoreCORSIA carbon credit prices to hit $16 by 2027, say analysts
Eligible carbon credits for the current phase of the UN’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) could reach $14-16 per tonne by 2027, new analysis shows.
Read MoreSAF takes flight at Australian airport
An Australian airport has taken delivery of what it describes as the largest sustainable aviation fuel (SAF) import to the country to date, as industry stakeholders seek to demonstrate and scale the use of cleaner fuel.
Read MoreAsian flag carrier signs on for SAF, SAF certificates
One of Asia’s largest carriers has signed an agreement to take 1,000 tonnes of CORSIA-eligible sustainable aviation fuel (SAF) and another to take SAF certificates to reduce emissions by just under 10,000t.
Read MoreLow-carbon tech hones in on Quebec buzz, launches SAF project
Two low-carbon project developers are partnering on one of the first biomass-to-sustainable aviation fuel (SAF) facilities in North America.
Read MoreEU urged to allow high-quality carbon removals into ETS
The EU should reconsider allowing certain high-quality carbon removals credits into its Emissions Trading System (ETS) — simultaneously supporting the development of international Article 6 markets, according to a recent study.
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