VCM Report: Surprise sell-off in N-GEO futures sees contract dip below physical levels
A sell-off in Xpansiv CBL’s N-GEO futures contract on CME, attributed to an urgent portfolio liquidation, caught the voluntary market by surprise last week.
Read MoreAviation needs more CORSIA carbon credit supply to decarbonise -IATA
International air carriers’ association IATA has urged that greater supply of CORSIA carbon credits be made available to the market to enable the aviation industry to effectively decarbonise, warning of a looming shortage.
Read MoreEU General Court to rule on ETS preliminary cases
The EU’s General Court will take over the legal jurisdiction for hearing and deciding questions regarding preliminary rulings on the EU ETS, under a change announced on Monday.
Read MoreAircraft operators fined almost £700,000 for failing to surrender UK ETS allowances
Aircraft operators, including a number of private jet companies, have been fined around £700,000 in civil penalties for failing to surrender UK ETS allowances for the first year it was established, according to data published by the UK government.
Read MoreINTERVIEW: UK-based company harnesses AI to discover green materials
A London-headquartered startup at the intersection of AI and chemistry is hoping to speed up the discovery, reduce the costs, and successfully scale new green materials, driving climate breakthroughs in areas ranging from carbon removal to sustainable aviation fuel (SAF) and low-impact mining.
Read MoreVirgin Atlantic “100% sustainable aviation fuel” ad judged misleading
Virgin Atlantic’s pledge to run future flights on fully sustainable aviation fuel is misleading consumers, according to an official UK judgment published on Wednesday.
Read MoreTechnical UN body updates guidelines for post-2026 CORSIA carbon credit eligibility
The technical body charged with assessing eligible carbon credit supply in the UN’s international aviation offsetting scheme has updated its guidelines for standards applying to have their issuances validated for the post-2026 phase of the programme, with the first assessments to begin next year.
Read MoreVCM Report: SBTi uncertainty casts doubt over voluntary carbon market as N-GEO hits fresh low
Liquidity remained thin and participants cited an uncertain outlook for the voluntary carbon market in the wake of a series of ‘confusing’ technical documents published by the Science Based Targets initiative (SBTi) last week, which confirmed that a final decision on carbon credit use under the organisation’s corporate standard will take place at the end of 2025.
Read MoreJapanese companies to set up SAF Scope 3 carbon credit scheme
Seven Japanese companies on Friday announced plans to trial a market for Scope 3 carbon credits generated from the use of sustainable aviation fuel (SAF).
Read MoreUS-based startup raises $6 mln to produce sustainable aviation fuel from CO2
A US-based startup has raised a $6 million seed round to scale its direct air capture-to-sustainable aviation fuel (DAC-to-SAF) technology, it announced Thursday.
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