ANALYSIS: Voluntary, regulated carbon markets need each other, but solving the supply bottleneck will take years
Voluntary and regulated carbon markets need one another, international stakeholders told a World Bank-convened event this week, but creating the right investment conditions to scale supply and blur the lines between the two forms of pricing mechanisms will take years.
Read MoreUS renewable fuels producer purchases ethanol plant, CCS facility for $210 mln
A US-based renewable fuels producer said Thursday that it has completed a $210 million acquisition of an ethanol plant in North Dakota that will be used to produce sustainable aviation fuel (SAF).
Read MoreAirlines ‘suffering’ from lack of CORSIA carbon credit clarity, says aviation executive
Airlines are struggling due to a lack of clarity with CORSIA, the UN’s international aviation offsetting scheme, according to an executive at a German aviation group.
Read MoreMalawi ITMO carbon credits trade at $10.25, retired the same day
Clean cooking ITMO credits from a project in Malawi were bought on a trading platform this week and retired the same day, underlining demand for the burgeoning sovereign carbon market.
Read MoreQantas tweaks its carbon strategy as tightening credit, SAF supply seen as ongoing risk
Australian airline Qantas sees both opportunities and risks in its ongoing reliance on carbon credits as it looks to scale up its sustainable aviation fuel (SAF) intake, according to its 2024 sustainability report published Thursday.
Read MoreKorean refiner to launch country’s first SAF commercial production line
A top oil refiner in South Korea is set to start commercial operations of the country’s first production line for sustainable aviation fuel (SAF) next month, in response to the increasing demand for the eco-friendly fuel.
Read MoreMajor airline finalises deal to purchase carbon removals
A major airline has finalised a deal to purchase CO2 removal (CDR) credits as the hard-to-abate sector ramps up efforts to meet net zero emission targets.
Read MoreCanadian investment firm makes first SAF plunge with $1.1 bln backing
A major Canadian investment company announced its first foray into sustainable aviation fuels Tuesday with a $1.1 billion investment in a Californian low-carbon electrofuels (efuels) developer.
Read MoreGlobal Carbon Council consults on Article 6.2 eligibility standard
The Global Carbon Council (GCC) has opened a public consultation on regulatory documents devised for GCC 2.0 – the body’s new standard that will govern Article 6.2 eligibility of projects and their issuances.
Read MoreVCM Report: Voluntary carbon market stalls, ICVCM board fails to meet at the end of August
Thin liquidity continued to plague the voluntary carbon market last week although news of some big ticket tenders brightened the outlook.
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