COP25: Aviation offset stakeholders hit back at report criticising CORSIA applicants
A recent study challenging the carbon credit standards that have applied for the global CORSIA aviation offsetting scheme made questionable interpretations of the programme’s environmental criteria, and also ran counter to UN body ICAO’s own guidance in the process, developers and brokers said Friday.
Read MoreChina’s Shanxi launches forest carbon pilot programme
Shanxi has become the latest Chinese province to launch a programme for generating forest carbon credits, local media reported, a move that could see its offsets gain eligibility in the nation’s ETS and even eventually in ICAO’s CORSIA aviation scheme as part of China’s new voluntary programme.
Read MoreNone of 14 offset standard contenders meet CORSIA aviation scheme criteria -report
None of the 14 carbon credit standards that have applied for eligibility under the UN’s global CORSIA aviation offsetting scheme meet the criteria set out by governments, while some of the candidates may not even be considered offset programmes.
Read MoreChina CDM cash to be used to fund gas projects
The Chinese government fund administering tax revenue from sales of UN-issued carbon credits has approved preferential loans to three new projects, including two natural gas distribution systems.
Read MoreChina’s Fujian issues 658,000 forest carbon credits
China’s Fujian province has issued 658,000 forest carbon credits to state-owned forest farms, a move aimed at bringing in revenue for the local forestry industry as the credits are sold to participants in the provincial emissions trading scheme.
Read MoreANALYSIS: Experts divided on CORSIA aviation offset supply estimates, with CDM renewal risk in focus
Experts are differing greatly on the potential supply of eligible carbon credits that could be available under ICAO’s global aviation offset scheme, and specifically on the amount of available CDM units, which are poised to play a key role.
Read MoreEXCLUSIVE – Developers Assemble: EcoSecurities alumni regroup to relaunch iconic offset firm for new era of carbon markets
EcoSecurities, one of the most iconic developers of the offset project boom of the 2000s, is being relaunched by a team of its alumni and co-founders, Carbon Pulse has learned, gearing up to trailblaze once again in a new era of international carbon markets.
Read MoreFEATURE: A year out, UN’s CORSIA aviation scheme mired in offset supply struggles
The UN’s CORSIA aviation offsetting scheme is just over a year away from entering into force, but a myriad of supply- and reputation-related concerns is clouding the horizon for airlines and investors, not least the fact that it remains unclear exactly which credits will be eligible.
Read MoreRefintiv hires analyst to cover impending China carbon market
Analysts Refinitiv have hired a Beijing-based expert from the Energy Foundation to track developments ahead of next year’s launch of China’s national emissions trading market.
Read MoreChinese carbon fraudsters lose appeal against jail time, ring leader still at large
Four people face prison sentences after losing a court appeal over their involvement in a carbon trading pyramid scheme in China, but the gang leader – who is said to have made $56.6 million from the scam – remains at large, state media reported Tuesday.
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