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Climate Action Reserve policy director joins soil-based carbon credit start-up

Published 14:34 on January 13, 2020  /  Last updated at 18:58 on January 13, 2020  /  Americas, Bavardage, Canada, US  /  No Comments

The policy director of offset registry Climate Action Reserve (CAR) has left the company to lead carbon methodology development at a Massachusetts-based agricultural technology firm, Carbon Pulse has learned.

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Slovenian prop shop Belekton hires former utility CO2 trader to open Berlin desk

Published 19:50 on January 9, 2020  /  Last updated at 19:54 on January 9, 2020  /  Bavardage, EMEA, EU ETS  /  No Comments

Slovenia-based trading house Belektron has hired a former utility emissions trader to set up a new desk in Berlin.

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Australian developers renew push to earn carbon credits from killing camels

Published 09:50 on January 7, 2020  /  Last updated at 09:50 on January 7, 2020  /  Asia Pacific, Australia, Bavardage, Conversations  /  No Comments

Australian firm RegenCo is lobbying the environment ministry to issue carbon credits for culling feral camels as part of a strategy to manage the country’s large population, which experts say is responsible for significant greenhouse gas emissions.

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Central European voluntary offset vendor accused of selling retired carbon credits

Published 00:09 on January 6, 2020  /  Last updated at 23:42 on January 6, 2020  /  Asia Pacific, Bavardage, EMEA, International, Kyoto Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

A Central European voluntary carbon offset vendor has been accused of reselling previously retired credits and of listing some units on its online registry without authorisation.

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Five UK carbon fraudsters ordered to repay £20.6 mln or face more jail time

Published 21:10 on December 18, 2019  /  Last updated at 23:15 on December 18, 2019  /  Americas, Asia Pacific, Bavardage, China, EMEA, International, REDD, South & Central, Voluntary Market  /  No Comments

Five men sentenced to a combined 43 years in prison for investment fraud related to the reforestation carbon market have been ordered to repay £20.6 million or face an additional 37 years in jail.

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NZ names Climate Change Commission members

Published 23:44 on December 16, 2019  /  Last updated at 23:44 on December 16, 2019  /  Asia Pacific, Bavardage, New Zealand  /  No Comments

New Zealand on Tuesday named the panel of experts that will make up the country’s newly-established Climate Change Commission.

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New Zealand, EU exchanges announce carbon market partnership

Published 10:06 on December 10, 2019  /  Last updated at 10:06 on December 10, 2019  /  Asia Pacific, Bavardage, EMEA, EU ETS, International, New Zealand  /  No Comments

New Zealand’s NZX and Germany-based EEX are joining forces in a bid to run the auction platform for New Zealand’s reformed ETS and will together explore other partnership opportunities in the country and elsewhere, the exchanges announced Tuesday.

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UK court rejects oil & gas firm’s Brexit ‘net off’ argument in appeal over €4m EU ETS bill

Published 16:11 on November 29, 2019  /  Last updated at 16:11 on November 29, 2019  /  Bavardage, EMEA, EU ETS  /  No Comments

A British oil and gas firm has lost its appeal over its €4 million EU ETS bill, with a London court rejecting the idea that UK emitters should be able to ‘net off’ allowances unallocated due to Brexit with their surrender obligations.

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Court sides with BP over fired US carbon trader’s bonus dispute, pending termination ruling

Published 17:30 on November 26, 2019  /  Last updated at 14:09 on November 27, 2019  /  Americas, Bavardage, Canada, RINs & LCFS, US  /  No Comments

A former US emissions trader for BP will be liable to repay a $200,000 signing bonus after being fired within the first two years of employment, the US District Court of the Northern District of Illinois decided Monday, provided it rules early next year that the oil major terminated her with cause.

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Mitsubishi-led consortium prevails in bid to buy Dutch energy firm Eneco

Published 19:53 on November 25, 2019  /  Last updated at 19:53 on November 25, 2019  /  Asia Pacific, Bavardage, EMEA, EU ETS, Japan  /  No Comments

A Japanese consortium led by Mitsubishi Corp has agreed to buy Dutch energy company Eneco for €4.1 billion, beating rival offers from oil major Shell and private equity firm KKR.

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