*NEW PODCAST*: CARBON PULSE CONVERSATIONS
Being confined to our homes with the wider world firmly under lockdown due to the coronavirus, we have started a podcast: Carbon Pulse Conversations. Check out our first episode!
Read MoreCOMMENT: Five massive drivers of future demand for offsets
Prior to the onslaught of COVID-19, a quick scan of the news each day would reveal that climate change is on the minds of customers and corporates worldwide. Warmer winters with rain where there was once snow, colder weather anomalies due to destabilization of the polar vortex, and summers punctuated by raging fires in both hemispheres make the topic impossible to ignore. And, while new regulatory regimes are cropping up across the globe, voluntary action is on the rise.
Read MoreCOMMENT: Doubling down on climate action in the time of corona
Let this economic crisis not be a brake on the low-carbon transition, but an accelerator. With the Green Deal as a compass, we can marry our emergency spending with structural changes that will prepare us for a greener tomorrow. Because we cannot backtrack on our climate commitments, neither governments nor companies. That is more than crisis management, that is responsible policy, writes Renat Heuberger, CEO, South Pole.
Read MoreCOMMENT: ICAO’s carbon market report offers valuable lessons for Article 6 talks
A report by experts recommending carbon credits for the ICAO’s CORSIA international aviation mechanism provides valuable lessons for the Article 6 negotiations. Even in the absence of an Article 6 agreement at COP26, countries which want to use global carbon markets should heed these lessons.
Read MoreAustralian carbon market conference postponed amid virus spread
The Carbon Market Institute has postponed its annual Australasian Emissions Reduction Summit as a precaution amid the COVID-19 virus spread, it announced Monday.
Read MoreCOMMENT: The gravity-defying wonder of EUAs
The chart below shows how European carbon prices have outperformed the rest of the energy complex so far this year. EUAs are down just 1.7% since January 1, while coal, oil, natural gas and power have all fallen between 7% and 21%.
Read MoreGerman prosecutors reissue warrant for Briton suspected of masterminding EU ETS fraud
German prosecutors on Monday reissued an arrest warrant for a British businessman suspected of masterminding a €125 million tax fraud using the EU ETS.
Read MoreAustralian developers renew push to earn carbon credits from killing camels
Australian firm RegenCo is lobbying the environment ministry to issue carbon credits for culling feral camels as part of a strategy to manage the country’s large population, which experts say is responsible for significant greenhouse gas emissions.
Read MoreECOSYSTEM MARKETPLACE – Shades of REDD+: Should forest offsets be eligible for CORSIA?
When operating details of the Kyoto Protocol’s CDM were negotiated from 2001-03, many voiced concerns about forest carbon credits and their high risk of reversals, potential to displace emissions, and the difficulties in accurately quantifying emission reductions. Nearly two decades on, it is worthwhile to reconsider the question of whether or not forest mitigation could be ready for carbon markets. The question is back on the table as ICAO sets up a scheme for reducing emissions from international air travel.
Read MoreECOSYSTEM MARKETPLACE: Shades of REDD+ Nesting – A good or bad piece of Swiss cheese?
There was a time when people thought that forests were the low-hanging fruit of the climate challenge, and that reducing emissions from deforestation was fast, easy, and cheap. No one thinks that anymore.
Read More