Global CO2 emissions steady in 2016, extending plateau into third year -report
Growth in global CO2 emissions remained stalled for a third straight year in 2016, according to an annual assessment by the EU’s Joint Research Centre and the Netherlands Environmental Assessment Agency.
Read MoreNations rebuff ICAO plan to set aviation biofuel goals on sustainability concerns
Governments have rejected a move by UN aviation agency ICAO to set non-binding goals for biofuel use by planes starting in 2025, with some arguing that there must first be agreement on what fuels are sustainable.
Read MoreUK, Canada forge alliance to promote transition from coal
The UK and Canada will promote a global alliance to encourage other nations to follow their lead in transitioning away from unabated coal-fired power to cleaner alternatives, their respective climate ministers said Wednesday, but they declined to say whether additional funding would be provided for the sector.
Read MoreCanada’s environment minister calls for consideration of carbon border measures
Border adjustment measures need to be examined worldwide to guard against carbon leakage and targeting nations not taking climate action, Canada’s environment minister Catherine McKenna said Tuesday.
Read MoreCORSIA countdown triggers blame game on ‘junk’ carbon offsets
An expectation of vague guidance from UN agency ICAO on CORSIA’s eligible carbon credits has triggered heated debate over whether the rules will leave airlines vulnerable to buying ‘junk’ units lacking environmental integrity.
Read MoreJapan backs tight rules for crediting of non-NDC carbon cuts
The Paris Agreement should allow international trade in carbon credits from sectors outside a selling country’s Nationally Determined Contribution (NDC), but those units should still be deducted from the national inventory in order to avoid double-claiming, according to a Japanese submission to the UNFCCC.
Read MoreEU Parliament urges EU to keep pace on long-term emission goals
The EU Parliament on Wednesday urged Brussels to update the bloc’s low-carbon economy roadmap in 2018, putting pressure on officials to outline long-term climate targets that align with the requirements of the Paris Agreement.
Read MoreNew Zealand floats proposal for international carbon trade ahead of COP23 UN climate talks
New Zealand has submitted draft guidance to the UN on accounting procedures for international carbon trade under the Paris Agreement that would see annual publication of all transactions and tougher requirements for nations wishing to participate in a future market.
Read MoreCARBON FORWARD: EU pushing for 2016 offset vintage limit as CORSIA rules start to take shape
The EU is pushing for the UN’s aviation offsetting scheme to accept only carbon credits generated from emissions reductions achieved after 2016, according to a senior European Commission official involved in the negotiations.
Read MoreCARBON FORWARD: Nations face GHG trade headaches as pledges, views differ
Negotiators face huge challenges to track emission cuts under the Paris Agreement because national pledges are so different and views vary over how to treat pre-2020 carbon credits.
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