Campaigners win lawsuit against airline’s carbon offsetting claims
A court in the Netherlands has ruled that climate claims, including use of voluntary carbon credits, made by a European air carrier constituted greenwashing, in a decision that could set a legal precedent for wider offset use in international aviation.
Read MoreTransport to make ‘almost half’ of Europe’s emissions in 2030 -report
Transport alone is set to make up nearly half of Europe’s total greenhouse gas (GHG) emissions in 2030, according to fresh data published on Wednesday.
Read MorePrice crash wipes $5 bln off the value of surplus voluntary carbon credits
The crash in prices since January 2022 has wiped $5 billion off the value of available credits in the voluntary carbon market, but the surplus today is still worth $4.7 bln, finds a new report.
Read MoreGlobal logistics firm partners with bank to scale sustainable aviation fuel
An international logistics firm has teamed up with a large bank to co-invest in sustainable aviation fuel (SAF) and generate voluntary carbon credits.
Read MoreUS DOE identifies adequate biomass potential to surpass domestic SAF target
The US will have a biomass production capacity of 1 billion tonnes in the future – enough to nearly double its 2050 sustainable aviation fuel (SAF) target, the Department of Energy (DOE) reported.
Read MoreVCM Report: Low price trade dominates voluntary carbon market as liquidity thins ahead of CCPs arrival
Over-the-counter trade seems to have slowed in the voluntary carbon market and retirement levels have fallen ahead of the much-anticipated announcement at the end of the month of the first methodologies that will qualify for the Core Carbon Principles (CCPs) stamp of high integrity.
Read MoreAirlines on a flight of fancy over SAF production, warns report
Airlines are relying on production processes for sustainable aviation fuel (SAF) that are not yet ready to scale to avoid paying for their carbon emissions under the first phase of CORSIA, warns a report.
Read MoreJust 6% of past voluntary carbon credit issuances likely to meet ICVCM’s CCP label -analysts
A little over 6% of historical credit issuances have a strong chance of receiving the CCP label by the Integrity Council for Voluntary Carbon Markets (ICVCM), with the tag potentially a more stringent marker of quality than CORSIA-eligible credits, according to market analysts.
Read MoreVCM Report: KSET liquidation sparks sell off in voluntary carbon spots and futures
Standardised voluntary carbon spot contracts for old CORSIA and related futures tumbled this week from already low levels, in the wake of asset manager KraneShares announcing it will liquidate its KSET exchange-traded fund.
Read MoreExchange to imminently launch CORSIA, REDD+ voluntary carbon futures
A Singapore-based exchange is expected to be ‘weeks away’ from launching two physically-settled voluntary carbon futures contracts, one focused on units eligible for the current phase of CORSIA, and the second on jurisdictional REDD+ credits.
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