UK govt fines trio of grounded airlines over £130 mln for EU ETS breaches
The UK has levied more than £130 million in fines on three grounded airlines for not complying with their obligations under the EU carbon market.
Read MoreAverna acquisition of ClimateCare puts offset firm on “professional investment footing” ahead of market boom, says founder
The recent acquisition by private equity firm Averna Capital of a majority stake in ClimateCare will help prepare the low-carbon project developer for massive growth in the global offset market, the company’s founder told Carbon Pulse.
Read MoreBy the numbers: A snapshot of the EU ETS – 2019-20 edition
The European Commission on Wednesday adopted its annual report on the functioning of the EU ETS, which covered the market’s developments in 2019 and into 2020, as well as summarising measures proposed or agreed this year.
Read MoreIndian carbon trading firm to launch IPO
India’s biggest carbon and renewable energy credit trading company is preparing to list on the BSE bourse in Mumbai in a bid to raise funds that will allow it to expand its activities.
Read MoreNew carbon fintech investment platform secures $4.5 mln in funding
A new fintech platform that aims to facilitate institutional and retail investment in carbon allowances has secured $4.5 million in new funding, adding to the expanding suite of ETS-focused vehicles as growth in ESG investing gathers pace.
Read MoreNZX, EEX win bid to operate New Zealand carbon auctions
New Zealand’s NZX and Germany-based EEX have been picked to develop and operate the platform that will handle carbon allowance auctions in New Zealand.
Read MoreUK consultancy Redshaw Advisors hires offset project expert
UK carbon market consultancy Redshaw Advisors has hired a seasoned offset project developer, aiming to bolster its offering in voluntary offsetting and corporate climate strategies.
Read MoreUK judge grants right to appeal in long-running EU ETS tax fraud case
A British judge has granted the right to appeal in a £45 million tax fraud case linked to the EU carbon market, meaning the long-running civil suit may still be a ways from seeing finality.
Read MoreUK govt fines BP, Repsol Sinopec over EU ETS infractions
The UK government has once again fined oil and gas companies BP and Repsol Sinopec for regulation breaches relating to the EU ETS.
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