VCM 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 MoreCalifornia issues $11 mln call for DAC proposals to scale nascent technologies
The California Energy Commission (CEC) has opened up $11 million in funding for pre-commercial direct air capture (DAC) projects, aiming to help scale technologies in the emerging carbon removal (CDR) field.
Read MoreCarbon removal initiative launches purchasing agreement framework for Swiss market
An initiative launched to support the carbon removal market by offering an open-source credit purchasing agreement framework, has unveiled a version for the Swiss market.
Read MoreDanish CCS tender concludes with single winner securing billion-dollar contract
Denmark’s €4 billion carbon capture and storage (CCS) subsidy scheme has ended, awarding a single contract to a large cement producer.
Read MoreID Market: Trading nearly stalls after quarter-end rush
Trading activity on Indonesia’s carbon exchange nearly ground to a halt in April after a brief rebound in March, as negotiated deals disappeared, exchange data showed.
Read MoreSweden, Switzerland sign carbon removal credit trading deal
Sweden and Switzerland have signed a new cooperation agreement on international trading of negative CO2 emissions.
Read MoreACR updates CCS methodology with wider CDR, biogenic carbon eligibility
Carbon credit registry ACR has updated its carbon capture and storage (CCS) methodology to include a wider range of carbon removal (CDR) projects eligible to generate credits, including direct air capture (DAC), bioenergy with CCS (BECCS), biomass carbon removal and storage (BiCRS), and certain CO2-enhanced oil recovery (EOR) projects.
Read MoreUS Rocky Mountain states sign MoU on CO2 storage
Two US Rocky Mountain states will coordinate on carbon storage efforts under a new Memorandum of Understanding (MoU).
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 MoreGermany launches €5 bln subsidy auction to help heavy industry with energy transition
Germany will allocate up to €5 billion this year to help heavy industries to cut CO2 emissions via a competitive bidding process, the economy ministry confirmed on Tuesday as it launched the auction.
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