DATA DIVE: Half of voluntary carbon credits retired this year are at least five years old
Half of credits retired from the four main registries of the voluntary carbon market this year are at least five years old, according to new data analysis from Carbon Pulse.
Read MorePortugal reinstates carbon tax as it seeks EU-recommended emission cuts -media
The Portuguese government has unfrozen a tax on CO2, previously suspended, in an attempt to reduce its greenhouse gas emissions and obey recommendations by the European Commission, national media reported on Monday.
Read MoreEuro Markets: EUAs little changed as dip-buying meets continued selling interest
European carbon prices fluctuated in line with natural gas prices on Monday, ending the session almost unchanged as selling interest in the afternoon capped earlier gains, though participants reported an uptick in dip-buying.
Read MoreVCM Report: Voluntary carbon market stalls, ICVCM board fails to meet at the end of August
Thin liquidity continued to plague the voluntary carbon market last week although news of some big ticket tenders brightened the outlook.
Read MoreUK spends £250 mln monthly on electricity imported from Europe -report
The UK is importing electricity from Europe at record levels, with the country now spending over £250 million each month, according to new analysis commissioned by power producer Drax.
Read MoreLEAK: Poland wants immediate access to free EU ETS allowances for district heating
Poland is asking the European Commission for 30% more free EU ETS allowances for district heating networks, and that they be allocated while implementing climate investments rather than at the end of the period, as stated in EU regulation.
Read MoreDraghi report calls for more ‘coherent’ EU climate agenda, focus on energy prices
The EU needs to bring down energy prices for industry and ramp up investments to meet its climate goals, Mario Draghi recommended in a widely awaited report on the future of the Union’s competitiveness.
Read MoreRevenue distribution boosts public acceptance of carbon pricing -report
Carbon pricing is easier to put in place with social policies backing it, according to new research.
Read MoreINTERVIEW: Carbon removal startup eyes Nigerian farmland for biochar removals
A Nigeria-based software startup is aiming to generate 400,000 tonnes of carbon removals in three years’ time by helping farmers sequester soil carbon through the application of biochar, in partnership with a commercial bank.
Read MoreNigerian state launches voluntary carbon registry for corporates
The Nigerian state government of Lagos has launched a carbon registry so that corporates can voluntarily document their emissions, as part of efforts to achieve net zero, according to local media.
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