ANALYSIS: Carbon insetting initiatives accelerate as standards scope corporate value chains
As carbon project certifier Verra prepares a new programme and fellow issuer Gold Standard pushes its related platform, corporates may increasingly turn to “insetting” as a way to take credit for the positive actions they take to clean up their value chains or Scope 3 emissions.
Read MoreANALYSIS: Policy lag seen limiting progress on novel CDR before 2030
Slow progress from policymakers on clarifying the role of novel carbon dioxide removal (CDR) technologies will limit significant progress in the near-term, particularly in the EU where certainty on how such solutions can help meet the bloc’s climate targets is not expected before the end of the decade.
Read MoreANALYSIS: Experts warn Big Oil against using high prices, energy security narrative to ignore long-term transition risks
Oil companies shouldn’t lose sight of the long-term implications for their business models of an eventual peak in fossil fuel demand, despite their citing of energy security concerns and record-high profits on the back of high energy prices prompting sentiment to maintain robust oil and gas production levels, analysts have told Carbon Pulse.
Read MoreANALYSIS: Canada’s Clean Fuel Regulations to drive up demand for US renewable fuel
The Canadian Clean Fuel Regulations’ (CFR) first obligation period begins on July 1, triggering greater demand for US renewable fuel imports to satisfy compliance obligations, experts who spoke to Carbon Pulse agreed.
Read MoreANALYSIS: Cookstoves in focus as observers question credit quality
Carbon credit buyers have been drawn to clean cookstove projects for their extensively touted benefits in improving the health of millions of some of the world’s poorest people, but observers warn that the sector bears many of the same over-crediting risks as forest protection programmes.
Read MoreANALYSIS: US bank collapse may signal increased role for government-led green banks
The collapse of the Silicon Valley Bank (SVB) could spark fresh enthusiasm for publicly-funded green banks that help propel nascent clean technology firms, with these types of set-ups continuing to evolve globally and due shortly to get a foothold in the US.
Read MoreANALYSIS: With ‘tighter’ contracts, CIX aims to resume voluntary carbon market’s standardisation push
Singapore-based platform Climate Impact X (CIX) is planning to launch standardised nature-based carbon contracts on its new spot trading platform, forging ahead with efforts to drive fungibility in the voluntary market even as rivals focus on project-specific auctions.
Read MoreANALYSIS: EU thirst for LNG could keep emerging economies on coal for longer
In a knock-on effect of the European scramble to secure liquified natural gas, analysts expect key Asian economies will draw out their use of coal and oil for power generation as they prioritise security of supply, a move that could prop up global energy sector emissions for several years.
Read MoreANALYSIS: Devil in the details for Indonesia, Vietnam JETP deals
The Just Energy Transition Partnership (JETP) deals made with Indonesia and Vietnam represent significant initial breakthroughs in transitioning these key Asian economies from coal reliance, but their longer-term impact will largely depend on how the agreements will be operationalised by both governments to bring about an earlier coal-phase out date, according to analysts.
Read MoreANALYSIS: Clean fuel pricing bills advancing in Vermont would mark two potential firsts
Proposed legislation in Vermont could see the state adopt a first-in-the-nation clean heat standard that experts say would be a model for other jurisdictions to follow, while lawmakers also mull implementing the first transportation sector low-carbon fuel standard (LCFS) in the eastern US.
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