COMMENT: Look Beyond Binaries for Climate Progress
Echoing A Tale of Two Cities, today’s climate transition is marked by both unprecedented progress and mounting headwinds, and overcoming false binaries will be critical to unlocking the capital and action needed at scale.
Read MoreBRIEFING: Investors seeking ‘golden credit’ to hedge their bets in fast-evolving carbon markets -expert
Carbon investors are increasingly seeking projects that can supply a “golden credit” with multiple routes to market due to uncertainty about how demand will evolve, according to a ratings agency.
Read MoreAlberta TIER fund body carves out space for CDR in annual funding challenge
Alberta has launched a C$50 million ($36.68 mln) call for emissions reduction technologies, specifying eligibility for carbon removal (CDR) for the first time.
Read MoreVCM MONTHLY DATA: Record CORSIA retirements, CCP price premium lift mood amid thin overall supply and demand
A mixed picture emerged for voluntary carbon market (VCM) participants in April, with lower overall supply and demand figures but positive data for units with either a CORSIA or Core Carbon Principles (CCP) label, while benchmark indices showed healthy price increases across the most popular projects.
Read MoreVCM Report: CORSIA curve falls amid jet fuel crisis, carbon credit issuance levels crash lower year-on-year
CORSIA prices dropped last week amid the global jet fuel crisis, although the latest leaked memo from Brussels about tightening carbon credit restrictions for the international aviation offsetting scheme has also played a role, analysts said.
Read MoreEuropean carbon removal developer launches €20 mln equity raise
A Dutch carbon removal developer has launched a €20 million equity raise to fund what it says will be the country’s first ‘made-in-the-Netherlands’ negative emissions energy plant.
Read MoreBrussels consultation exposes ongoing divide over role for carbon offsets, removals in EU
Environmental NGOs and carbon market advocates remain divided over how far the EU should rely on carbon removals, international credits, and other market-based flexibilities for the next phase of its climate policy, according to submissions to a European Commission consultation on post-2030 national targets.
Read MoreMassachusetts CDR potential strong, but insufficient to meet 2050 net zero target -report
Massachusetts will likely need to rely on out-of-state carbon dioxide removal (CDR) and further emissions cuts to meet its 2050 net zero target, despite having strong potential to deploy and lead innovation in several removal pathways, according to a state-commissioned study.
Read MoreResearchers propose ‘carbon removal budget’ to limit overreliance
A “carbon removal budget” (CRB) could help governments and companies avoid delaying climate action by quantifying how much carbon removal (CDR) capacity is available, according to a new academic paper.
Read MorePolicymakers should consider rewarding carbon removal with EU ETS benefits -expert
Carbon removal could be added to the list of decarbonisation actions that are tied to EU ETS benefits like free allowances and indirect ETS cost compensation, suggested a German consultant on a webinar Tuesday.
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