DATA DIVE: More and more airlines appear to be retiring carbon credits
An increasing number of the world’s largest airlines are retiring voluntary carbon credits, according to data from the Verra, Gold Standard, ACR, and Climate Action Reserve (CAR) registries.
Read MoreEurope-wide frequent flyer tax could raise €64 bln, reduce aviation emissions by one-fifth, finds report
A frequent flying levy across Europe would increase aviation tax revenues to €64 billion and reduce sectoral emissions by over one-fifth, according to a report published Thursday.
Read MoreAustralia Market Roundup: Complaint launched against Qantas “fly neutral” claims, ACCU issuance increases
An environmental legal group has submitted a greenwashing complaint to Australia’s consumer watchdog over airline Qantas’ “fly carbon neutral” product and its broader sustainability claims.
Read MoreVCM Report: Huge REDD trade lifts spirits, prices tick higher ahead of COP29
A huge REDD trade at a very low value bolstered volumes in the voluntary carbon market last week, and prices in general ticked higher as optimism picked up ahead of the climate talks in Baku next month.
Read MoreINTERVIEW: CORSIA to provide basis for voluntary carbon growth but demand signal may take time
The UN’s international aviation offsetting scheme could provide the foundation for generating strong voluntary carbon trade and lead to much-needed standardisation in the market, but demand may take time to materialise and governments need to step in to send investors a clear signal, according to a carbon exchange CEO.
Read MoreINTERVIEW: Solar plus agri-waste presents opportunity for e-fuel market
A startup converting agricultural waste into syngas using solar energy for the production of carbon-neutral synthetic fuel described the technology as “low hanging fruit” for scaling up sustainable fuels for aviation and maritime.
Read MoreEXCLUSIVE: ACX moves voluntary carbon clearing house to Singapore from UAE
ACX has moved its clearing house to Singapore from Abu Dhabi to better deal with the ‘realities’ of the voluntary carbon market, the exchange operator told Carbon Pulse, as it unveils an updated trading platform.
Read MoreINTERVIEW: US SAF deployment slowed by regulatory inefficiencies
Current US policy incentives fall short of supporting sustainable aviation fuel (SAF) rollout, prompting producers to target markets with mandates in the near-term, industry members told Carbon Pulse.
Read MoreLATAM Airlines supporting carbon, biodiversity projects while in search of SAF -panel
LATAM Airlines is looking to support carbon and biodiversity projects in Latin America as it strives to meet its sustainability goals without any regional sustainable aviation fuel (SAF) at its immediate disposal, the airline’s sustainability manager said Wednesday.
Read MoreCFEL24: No need to panic about end of EU ETS allowances in 2039, says Commission
A European Commission official said there is “no need to panic” about running out of EU ETS allowances in 2039, due to the expansion of the system’s scope to include additional sectors and auctioning of allowances for aviation.
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