COP30 will be “the most molecular COP ever”
Efforts are underway to set a sustainable fuels target at the next UN climate summit, COP30, in Brazil this November, a conference in Brussels has heard.
Read MoreArticle 6 trading, rising standards helping to offset risks in voluntary carbon market -experts
The Paris Agreement’s new international carbon market regime, combined with the development of digital monitoring technologies and rising standards, is helping to rebalance the perception of risk in the voluntary carbon market, speakers told a conference on Tuesday.
Read MoreUS airline fund invests in, buys 500k CDR credits from DAC firm
A fund from a US airline has invested in and purchased 500,000 CO2 removal (CDR) credits from a California-based direct air capture (DAC) firm.
Read MoreFresh batch of J-REDD+ carbon credits to provide much-needed supply boost for CORSIA
Imminent new supply of carbon credits eligible for Phase 1 of CORSIA is poised to provide a long-awaited boost to the market, after some 8.7 million units were verified as ready for issuance under the ART TREES standard.
Read MoreBRIEFING: Path to SAF uptake lined with taxes on fossil jet fuel, flight surcharges, say analysts
Surcharges on flights to account for the cost of sustainable aviation fuel will become “relatively common practice” by 2030, while taxing fossil jet fuel could also be on the cards as a way to reduce the cost difference between traditional and clean methods, said analysts during an energy forum in London.
Read MoreVCM Report: Huge volume of REDD carbon credits retired by oil major, VCMI switches direction
An oil and gas major retired a huge number of REDD carbon credits to keep the market ticking over, while the Voluntary Carbon Markets Integrity Initiative (VCMI) signalled a shift of direction in a bid to kick start wider participation in the market.
Read MoreINTERVIEW: Brazilian airline’s new carbon marketplace forges partnership with suppliers
One of Brazil’s largest airlines has initiated a pilot platform to help corporate clients source carbon credits, positioning it to grow a carbon trading business and prepare for compliance under the UN’s CORSIA aviation offsetting scheme, its sustainability head told Carbon Pulse.
Read MoreBrussels seeks more experts to help expand EU ETS aviation coverage
The European Commission is seeking applications from experts to support the extension of the EU ETS Directive to additional areas of the aviation sector, it announced on Wednesday.
Read MoreUS CO2 conversion firm raises $83 mln in expanded Series C round
A US-based CO2 utilisation firm announced another $83 million in an additional Series C funding on Tuesday for a pilot installation.
Read MoreUS CORSIA exit could have major impact on EU ETS, say carbon analysts
If the US were to leave CORSIA there could be major ramifications for the EU ETS, carbon analysts said Wednesday.
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