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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.

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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.

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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.

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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.

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

Published 22:21 on September 2, 2020  /  Last updated at 22:35 on October 16, 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.

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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.

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CBL Markets introduces CORSIA-aligned global offset product

Published 15:39 on August 27, 2020  /  Last updated at 19:18 on August 27, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Trading platform CBL Markets announced a new offset product on Thursday based on the parameters of carbon credits approved for use under the international aviation trading mechanism CORSIA.

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CORSIA offset demand could plunge by two-thirds if baseline change extends through 2035 -analysis

Published 22:36 on August 26, 2020  /  Last updated at 00:12 on August 27, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Carbon credit demand under the global aviation offset mechanism CORSIA may plummet if nations agree to extend this year’s emissions baseline alteration over the entirety of the programme’s 15-year lifespan, analysts said.

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New jurisdictional REDD standard may generate offsets in 2021

Published 18:59 on August 26, 2020  /  Last updated at 20:46 on August 27, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

The Architecture for REDD+ Transactions (ART) programme’s new standard for combating tropical deforestation may start yielding carbon credits as soon as next year, depending on the status of negotiations with potential partner governments, a webinar heard Wednesday.

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UN approves South Korean residential buildings for CDM

Published 10:31 on August 25, 2020  /  Last updated at 22:35 on August 25, 2020  /  Asia Pacific, Aviation/CORSIA, International, Kyoto Mechanisms, South Korea  /  No Comments

South Korea can begin earning Certified Emission Reductions (CERs) from GHG cuts from residential buildings after the UN approved its new standardised baseline system for measuring emissions, the government said Tuesday.

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