US SAF scale-up depends on tax credit extension, updated renewable fuel standard -report

Published 01:17 on December 14, 2024  /  Last updated at 01:17 on December 14, 2024  / /  Americas, Aviation/CORSIA, Nature-based, RINs & LCFS, US, Voluntary

Sustainable aviation fuel (SAF) in the US requires deliberate policy efforts to unlock broad-based adoption, including both reform of current programmes and introduction of new carbon pricing measures, a think tank wrote in a December report.

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Verra calls on UN body to re-evaluate carbon credit exclusions from CORSIA Phase 1

Published 11:30 on December 13, 2024  /  Last updated at 11:30 on December 13, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Paris Article 6, Voluntary

Verra has questioned UN agency ICAO’s decision to exclude some of its methodologies from Phase 1 (2024-26) of the CORSIA international aviation offsetting scheme, including its new protocols across forestry and energy sectors.

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US SAF producer debuts blended fuel facility, partnership with Drax

Published 12:00 on December 12, 2024  /  Last updated at 02:07 on December 13, 2024  / /  Americas, Aviation/CORSIA, EMEA

A US Gulf Coast developer of sustainable aviation fuel (SAF) announced the launch of its first commercial-scale facility, alongside a strategic partnership with UK energy company Drax.

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CIX to launch CORSIA carbon credit spot contract

Published 03:06 on December 12, 2024  /  Last updated at 03:31 on December 12, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Paris Article 6, Voluntary

Singapore-based Climate Impact X (CIX) Thursday announced plans to launch its first standardised physical spot contract for Eligible Emissions Units (EEUs) under the CORSIA international aviation offsetting scheme.

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Growth in SAF production ‘disappointingly slow’ -IATA

Published 11:28 on December 11, 2024  /  Last updated at 11:28 on December 11, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International

The production of sustainable aviation fuel (SAF) is growing in volume, but at a very slow rate, industry association International Air Transport Organisation (IATA) said this week.

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European aviation needs more than new tech, carbon pricing to decarbonise, finds report

Published 13:46 on December 10, 2024  /  Last updated at 14:03 on December 10, 2024  / /  Aviation/CORSIA, EMEA, International

Beyond technological innovation and existing carbon pricing mechanisms, decarbonising aviation in the EU needs stronger policy measures that make the polluter pay, subsidies for clean energies, and promote alternatives to flying, new research has found.

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Gold Standard flags World Bank’s MIGA as its only recognised insurance policy for CORSIA credits

Published 23:03 on December 9, 2024  /  Last updated at 23:03 on December 9, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Paris Article 6, US, Voluntary

Gold Standard on Monday published new guidance on the approval process of its carbon credits for use under the first phase of the CORSIA global aviation offsetting scheme, stating that only projects insured via the World Bank’s Multilateral Investment Guarantee Agency (MIGA) will be deemed eligible.

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VCM Report: CORSIA carbon futures bounce after ICAO formally approves new standard bodies

Published 17:16 on December 9, 2024  /  Last updated at 17:16 on December 9, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

Eligible futures for CORSIA Phase 1 bounced higher on Monday after a late Friday announcement from UN agency ICAO confirmed four new standard bodies have been formally granted eligibility to supply credits to the international aviation offsetting scheme.

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International carbon registry partners with Iceland environment agency to develop offset project standards

Published 11:58 on December 9, 2024  /  Last updated at 11:58 on December 9, 2024  /  Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

An international carbon registry has partnered with Land and Forest Iceland, a government agency, to develop offset project standards and help advance the country’s climate initiatives.

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LATAM Roundup: Distress and opportunities as CORSIA, CO2 taxes, CBAM take root

Published 05:58 on December 9, 2024  /  Last updated at 05:58 on December 9, 2024  / /  Americas, Aviation/CORSIA, Carbon Taxes, CBAM, Mexico, Nature-based, South & Central, Voluntary

In a week that saw UN civil aviation body ICAO publish its technical report on the flagship CORSIA offsetting scheme, which is being incorporated into national regulations around the world, this and other compliance carbon pricing initiatives posed diverse challenges and opportunities around the LATAM region – from Trinidad and Tobago to Guyana, and Mexico to Brazil.

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