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Richer nations’ resolve wanes on cutting fossil fuel subsidies -OECD

Published 18:07 on February 22, 2018  /  Last updated at 18:07 on February 22, 2018  /  Americas, Asia Pacific, Climate Talks, EMEA, International  /  No Comments

Efforts by industrialised nations to reduce fossil fuel subsidies have slowed since the signing of the 2015 Paris Agreement while emerging economies have maintained pace in eliminating them, according to an OECD published Thursday.

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‘Isolated’ EU nations willing to waive through CORSIA rulebook –EC official

Published 17:42 on February 20, 2018  /  Last updated at 09:44 on February 21, 2018  /  Americas, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

EU nations are prepared to waive through the draft rulebook for the CORSIA international offset market because they lack enough support to force changes, an EU official said on Tuesday.

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Experts float international emission trade suggestions as UN talks approach business end

Published 18:33 on February 12, 2018  /  Last updated at 21:48 on February 12, 2018  /  Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

A group of experts have outlined how guidance on international emissions trade could look, aiming to help advance work that UNFCCC negotiators have been tasked to agree this year.

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Nations urged to waive through CORSIA rulebook as time pressure hits airlines

Published 00:47 on February 10, 2018  /  Last updated at 02:50 on February 12, 2018  /  Americas, Aviation, Canada, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, REDD, US, Voluntary Market  /  No Comments

Airlines are urging governments to waive through the draft rulebook for the CORSIA international offset market without further changes, as regulators face tight timelines to ready the scheme.

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ECOSYSTEM MARKETPLACE: US faces real trade isolation if Trump pulls out of Paris Agreement

Published 22:26 on February 8, 2018  /  Last updated at 22:26 on February 8, 2018  /  Americas, Asia Pacific, Canada, Carbon Taxes, Climate Talks, Conversations, EMEA, International, South & Central, US, Views  /  No Comments

I was in Marrakesh, Morocco, for global climate talks when Donald Trump won the US presidential election, and within hours a consensus emerged: the Paris Agreement was as good a deal for the United States as it was for the rest of the world, and only a fool would “cancel” it, as Donald Trump had promised to do while on the campaign trail.

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California state senator proposes new bill to curb HFCs

Published 15:54 on February 8, 2018  /  Last updated at 00:46 on February 9, 2018  /  Americas, Climate Talks, International, US  /  No Comments

A California state senator has put forth new legislation this week that would double down on the state’s recent efforts to eliminate the release of potent greenhouse gases in the state.

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ANALYSIS: CORSIA’s wide-door offset policy may give airlines fewer clues on costs

Published 23:00 on January 31, 2018  /  Last updated at 23:03 on January 31, 2018  /  Africa, Americas, Asia Pacific, Aviation, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Multiple offset certifiers expect to meet required standards for the global CORSIA aviation offset scheme, potentially resulting in a fragmented market that will give airlines more supply options but less idea of cost.

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US funders launch $52m initiative to cut Chinese HFCs

Published 01:00 on January 26, 2018  /  Last updated at 13:45 on January 26, 2018  /  Americas, Asia Pacific, China, Climate Talks, International, US  /  No Comments

Non-profit Energy Foundation China is heading up a public-private initiative that on Thursday launched a $52-million effort to help the Chinese air conditioning industry reduce its hydrofluorocarbon (HFC) use, a move they said could slash over 52 billion tonnes of CO2e by 2050.

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Davos Digest: Macron gets minimal, but it’s Merkel that’s facing heat

Published 17:59 on January 25, 2018  /  Last updated at 17:59 on January 25, 2018  /  Americas, Asia Pacific, Canada, Carbon Taxes, Climate Talks, EMEA, EU ETS, International, Other APAC, Switzerland, US, Voluntary Market  /  No Comments

French President Emmanuel Macron this week announced at the World Economic Forum in Switzerland that he will accelerate his country’s coal phaseout a year earlier than previously planned, while reiterating his call for an EU-wide minimum carbon price.

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Global CO2 trading volume up 5% in 2017, value up 22% as major markets extend rules -analysts

Published 15:03 on January 18, 2018  /  Last updated at 08:26 on January 19, 2018  /  Americas, Asia Pacific, Aviation, Canada, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Zealand, South Korea, US  /  No Comments

Global traded carbon volumes rose 5% in 2017 to 6.3 billion tonnes of CO2e while the overall value of the markets climbed 22% to €41 billion ($33.5 billion), the Point Carbon analysts at Thomson Reuters said in a market review published Thursday.

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