BRIEFING: Malaysia bets on Article 6 for conditional cuts in carbon market policy
Malaysia has launched its National Carbon Market Policy (DPKK), setting out a framework to develop a domestic market and tap international finance under the Paris Agreement to help deliver on conditional emissions reduction targets.
Read MoreEmbedding CDR in waste sectors could deliver net negative outcomes, study says
Integrating carbon removal (CDR) technologies into wastewater, concrete recycling, and mining waste management could turn these sectors net negative at marginal cost increases, according to a report released Tuesday.
Read MoreForest-based BECCS likely to raise emissions for decades -study
Burning wood for carbon capture projects is unlikely to deliver net carbon removals for up to 150 years, with emissions in one modelled scenario remaining more than double those of natural gas with CCS over that period, new research found.
Read MoreVCM Report: CORSIA prices strengthen, Indonesia opens up to international carbon market after three years
Spot credits for Phase 1 of CORSIA traded around $14 this week, while the ending of Indonesia’s moratorium on selling voluntary carbon units internationally looks set to unleash a flood of fresh REDD issuances onto the market.
Read MoreItaly at crossroads on net zero path, but has potential for huge scale CDR, finds report
Italy could reach net zero by significantly scaling up carbon removal (CDR), with potential capacity seen as high as 91 million tonnes a year, but only if it acts swiftly, according to a new report.
Read MoreECS26: BRIEFING – Voluntary carbon seeing growth in multi-year offtakes as buyers become more selective
Brokers in the voluntary carbon market are seeing a growth in multi-year offtakes from corporate buyers who have become more selective in their procurement, and are seeking nature-based removals in particular, they told Carbon Pulse.
Read MoreDrax received nearly £1 bln in subsidies last year, as power generation hit new record
The UK’s largest power plant – the Drax biomass station – received a record of nearly £1 billion in subsidies last year, despite also being the country’s top emitter, according a think tank’s analysis.
Read MoreINTERVIEW: Patchy emissions data risks slowing global carbon trading, UN reviewer says
Inconsistent methodologies and uneven data for calculating national greenhouse gas inventories are emerging as a constraint for the development of international carbon markets, a UN technical expert warned.
Read MoreFEATURE: Nature-based carbon market sees sun rising for ARR
Afforestation, reforestation, and revegetation (ARR) projects have been enjoying a spell of popularity with experts suggesting demand for nature-based removal credits will likely climb higher, but, amid this week’s uncertainty over Microsoft’s future as a major buyer in the carbon removal (CDR) sector, it remains to be seen whether such predictions hold true.
Read MoreMicrosoft to “build on and support” existing carbon removal portfolio, denies end to credit buying
Microsoft will continue to support its existing portfolio of carbon removal projects, the company said Tuesday, which could mean an expansion of its credit buying in future, as the firm sought to clarify speculation that its procurement programme had been shut down.
Read More