Over-crediting in REDD+ not driven by “unobserved” variables -analysis
Researchers have pushed back against industry claims that flaws in academic analysis explain apparent over-crediting in avoided deforestation projects, finding instead that “unobserved” local variables are unlikely to account for the large gap between estimated and claimed emissions reductions.
Read MorePhase 1 CORSIA supply on target to hit 154 mln carbon credits -report
Some 154 million credits are likely to be insured and authorised in time for CORSIA’s Phase 1 deadline for meeting offsetting obligations, according to a data aggregator.
Read MoreNew ‘high-integrity’ REDD+ carbon crediting may be shutting out smallholders, study warns
Moves to boost integrity in REDD+ crediting in the voluntary carbon market (VCM) may be unintentionally locking smallholders and traditional communities out of climate finance, according to a new study applying a vulnerability-based avoided deforestation methodology in Brazil’s Amazon region.
Read MoreShell swings to profit in renewable and energy solutions after prior loss
Shell is the latest energy giant to report a jump in first quarter profits amid the US-Israeli war with Iran, partly driven by a sudden boost from the renewables and energy solutions sector.
Read MoreOcean groups release guidance for responsible marine carbon removal trials
A group of environmental organisations on Thursday proposed safeguards for marine carbon removal (mCDR) research, including environmental protections, transparency requirements, and community engagement measures.
Read MoreTighter EU CORSIA carbon credit criteria could exclude vast majority of cookstoves from European buyers -analysts
A possible EU crackdown on the use of certain carbon credits by the bloc’s airlines could wipe out more than 90% of the cookstove offsets currently available to European buyers under the CORSIA global aviation emissions offsetting scheme, according to new analysis.
Read MoreDurable CDR buyers expect bigger discounts for forward purchases than suppliers do -survey
Durable carbon removal (CDR) buyers increasingly anticipate per-unit prices will fall through to 2030, placing them at odds with suppliers across several methods that expect flat or rising prices, according to an industry survey.
Read MoreIATA launches deferred payment window on ACE to ease airlines’ CORSIA compliance burden
Global airline trade body International Air Transport Association (IATA) has launched a deferred payment facility on its Aviation Carbon Exchange (ACE), aiming to ease liquidity constraints for carriers facing mounting compliance demand under CORSIA.
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 MoreRenewables plus batteries can deliver 24h power cheaper than new fossil power -IRENA
In regions with the best sun and wind, solar PV alongside onshore wind and batteries can already deliver round-the-clock electricity at costs competitive with, and often below, new fossil fuel generation, the International Renewable Energy Agency (IRENA) said.
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