California Tropical Forest Standard leaves stakeholders divided despite revisions
Alterations to California’s Tropical Forest Standard (TFS) this summer did little to change supporters’ and opponents’ views of the possible precursor to jurisdictional REDD offsetting in domestic and international carbon markets, according to public comments released late last week.
Read MoreCARBON FORWARD 2019 – EU renewable credit prices stumble ahead of France auction debut
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Read MoreLufthansa adds clean fuel option in new offset platform
German airline Lufthansa has begun to offer passengers the option of offsetting any flight emissions with sustainable aviation fuel, despite it costing around 30 times more than traditional carbon-cutting projects.
Read MoreCalifornia senator urges ARB to oppose Tropical Forest Standard
California regulator ARB should not endorse its Tropical Forest Standard (TFS) next month because sector-based REDD offsets lack environmental and social integrity and fail to address the root causes of deforestation, a state senator said, potentially opening a bicameral rift over the already divisive issue.
Read MoreCARBON FORWARD 2019 – Stick or twist: investors came to the EU ETS, but will they go?
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Read MoreLow-cost EU airlines see flight emissions take off in July
Carbon emissions from two of Europe’s biggest low-cost airlines rose considerably in July, putting both on track to record higher CO2 output and face costlier EU ETS bills this year.
Read MoreChina’s Hainan pushes on with plan for international carbon exchange
Hainan province in southern China is working with state-owned power companies and others to establish itself as a carbon trading hub, pulling together domestic as well as international carbon traders.
Read MoreFourteen offset programmes apply for ICAO’s CORSIA aviation mechanism
UN aviation body ICAO’s expert panel will consider 14 emissions unit programme applications for the global offsetting mechanism CORSIA, with the submissions ranging from Kyoto era offset programmes and REDD initiatives to jurisdictional schemes in China, the Middle East, and Poland.
Read MoreBRIEFING: World Bank REDD Deals
Three African nations have now signed deforestation reduction agreements under the World Bank’s Forest Carbon Partnership Facility (FCPF) that could form the base of possible international emissions trade, with more deals expected to come later this year.
Read MoreCalifornia’s ARB to consider updated Tropical Forest Standard at September meeting
California regulator ARB will consider endorsing an updated version of its Tropical Forest Standard (TFS) at the board’s Sep. 19 meeting, nearly a year after the agency delayed its original approval of the possible precursor to jurisdictional REDD offsetting following a flurry of backlash.
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