ANNOUNCEMENT: UK to exit EU ETS under ‘no deal’ Brexit, says govt
The UK will be excluded from participating in the EU ETS under a ‘no deal’ Brexit scenario, the government announced late on Friday.
Read MoreFOREST TRENDS: How blockchain can make carbon markets more accessible
As more companies and individuals are looking for tools to mitigate their impact on climate change, the idea of utilizing blockchain technology has been on the forefront of many conversations. It is one of the building blocks behind cryptocurrency and companies are looking to utilize blockchain technology as a means to streamline the development and sale of carbon credits.
Read MoreCOMMENT: Saskatchewan, Ontario and the constitutionality of a national carbon price
Having now each filed in court their arguments against the Canadian federal carbon price, Saskatchewan and Ontario have revealed their hands and their arguments are weak, writes Nathalie Chalifour, an associate professor at the Faculty of Law, University of Ottawa and a member of the Royal Society of Canada’s College of New Scholars.
Read MoreCOMMENT: Why NZ’s ETS should have an auction reserve price
Emission prices have since recovered but no one knows if this will last. With consultation underway on improving the New Zealand Emissions Trading Scheme (NZ ETS), the government should seriously consider a “price floor” to rebuild confidence in low-emission investment.
Read MoreCARBON FORWARD 2018: Will international carbon trade thrive under the Paris Agreement?
The world’s biggest carbon offset market is set to sunset in 2020, with governments at odds over how the UN CDM’s thousands of projects and billions of carbon credits should be subsequently treated under Article 6 of the Paris Agreement.
Read MoreFOREST TRENDS: Illegal mining forces suspension of ground-breaking voluntary forest carbon project in Brazil
As the first indigenous-led conservation effort to be financed through the sale of carbon offsets, the Suruí Forest Carbon Project (PCFS in Portuguese) dramatically slowed deforestation and incubated sustainable livelihood programs in Brazil’s Sete de Setembro Indigenous Territory (TISS), but a dramatic surge in illegal mining activities throughout the region in which TISS is located has forced the Paiter-Suruí indigenous people and their partners to suspend the program indefinitely.
Read MoreCOMMENT: Australia is not on track to reach 2030 Paris target (but the potential is there)
While Australia is coming to terms with yet another new prime minister, one thing that hasn’t changed is the emissions data: Australia’s greenhouse gas emissions are not projected to fall any further without new policies, writes Anna Skarbek of ClimateWorks Australia.
Read MoreCarbon Pulse hires top carbon expert to lead Americas coverage
**FREE READ** – Carbon Pulse has hired one of North America’s top carbon market experts to lead its news coverage and expand its offerings on the continent.
Read MoreCOMMENT – Wanted: Team coach for the Green Climate Fund
Reaching agreement on replenishment in the GCF family is easier said than done. Among several hotly debated issues at its last Board meeting was an hours-long discussion of how to launch replenishment — with no resolution. If we want the GCF to succeed, the Board needs to get past the logjam. Here’s WRI’s take on how they could.
Read MoreCOMMENT: What next for the EU ETS?
Sanjeev Kumar of PR consultancy Burson-Marsteller sets out four EU carbon market reforms that should be on Brussels’ agenda to ensure effective operation based on clear market fundamentals.
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