All new CO2 emissions from large emitters must be removed, researchers argue
All new CO₂ emissions from countries with large volumes of historic emissions need to be removed, argues a paper penned by carbon removal experts.
Read MorePOLL: Analysts slash EU carbon price forecasts as bearish factors continue to dominate
Analysts have slashed their forecasts for EU carbon allowance prices across the board, amid ongoing supply pressures and reduced demand from European power and industrial emitters.
Read MoreEurope trailing behind China, US in global net-zero industrial race -report
Europe’s position in the global net-zero industrial race is at risk due to the US economic dominance and China’s ambition to become the world’s clean tech hub, a pan-European climate think-tank has warned.
Read MoreBranching out: Overlooked tree data skews global forest carbon estimates, study finds
The exclusion of branch turnover from forest carbon accounting models has led to significant biases in estimates of global forest carbon sinks, a new study has found.
Read MoreCanada must harmonise carbon markets to reduce compliance costs, channel more decarbonisation investments -report
A Canadian research group published on Wednesday a report tracking carbon pricing in the nation, highlighting pathways to harmonise its nine industrial carbon markets, in order to remove interprovincial trade barriers and reduce compliance costs.
Read MoreEU transport faces major hurdles in decarbonisation efforts, EEA warns
The European Environment Agency (EEA) this week warned that Europe’s efforts to decarbonise its transport sector face significant challenges, particularly in aviation and maritime transport, despite progress in reducing emissions in other areas.
Read MoreSmall number of large deals keeps carbon removal market ticking higher in Q3
A handful of big purchases, mainly by Microsoft and Equinor, kept the needle moving upwards in the carbon removal (CDR) market in the third quarter, as overall volumes remained small and prices high.
Read MoreCarbon removal platform certifies new biochar protocol with 1,000-year durability option
A carbon removal certification programme has approved a new biochar protocol with a durability option exceeding 1,000 years, along with another module focused on the technology.
Read MoreCFEL24: Credit surplus will not hold back VCM 2.0, analysts say
The credit surplus in the voluntary carbon market (VCM) should not hold back price development and liquidity as the market reforms, analysts at Carbon Forward Expo London said on Thursday, suggesting a two-speed market could develop in the future.
Read MoreINTERVIEW: CORSIA to provide basis for voluntary carbon growth but demand signal may take time
The UN’s international aviation offsetting scheme could provide the foundation for generating strong voluntary carbon trade and lead to much-needed standardisation in the market, but demand may take time to materialise and governments need to step in to send investors a clear signal, according to a carbon exchange CEO.
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