DATA DIVE: New Zealand ETS emissions fall 2.4%, energy sector CO2 rises
Greenhouse gas emissions from companies covered by the New Zealand emissions trading scheme declined over the 12 months ending June 30, government data showed on Wednesday, though carbon output from the energy sector crept up.
Read MoreDATA DIVE: RGGI emissions drop over 2% YoY in Q2
Covered emissions under RGGI fell over 2% year-on-year (YoY) in Q2, preliminary programme data showed on Friday, following two quarters of precipitous growth.
Read MoreDATA DIVE: Will the carbon-gas correlation hold ahead of transition year for EU ETS?
During the summer period, with European activity quieter than usual, the focus of many EU carbon participants has turned to the market’s correlation with gas prices, but with policy-driven changes to affect the supply dynamic in the EU ETS next year, analysts consider for how long the fuel will retain its strong influence over benchmark EUAs.
Read MoreDATA DIVE: ACCU holdings volume reaches record high, regulator data shows
Holdings of Australian Carbon Credit Units (ACCUs) resumed their upward trajectory in the second quarter, reaching a record level, according to data published Thursday.
Read MoreDATA DIVE: Verra’s dominance over retirements slips despite record six months across voluntary carbon market
The share of carbon credit retirements recorded under Verra has declined in the first half of the year, as emerging registries have reported fast-growing volumes in what may push the voluntary market to a record year for such transactions, while data also shows a rising number of new buyers in the market, despite the ongoing weak price environment.
Read MoreDATA DIVE: Mind the gap – EU falling short on CO2 storage capacity target
Oil and gas companies across the European Union are currently falling short of their obligation to provide 50 million tonnes of CO2 storage capacity annually by 2030, according to a tally of announced and approved projects across Europe.
Read MoreDATA DIVE: Europe’s ETS-covered shipping emissions rise 5.2% in 2024
European shipping emissions covered by the bloc’s carbon market rebounded in 2024, rising 5.2% in large part due to diversions of container ships to avoid attacks in the Red Sea, according to a Carbon Pulse analysis of preliminary data published this week.
Read MoreDATA DIVE: Fossil power demand could drive EU ETS emissions increase for first time in years
Strong fossil-based electricity generation in the first six months of 2025 could see the EU ETS record the first annual rise in emissions since 2022, analysts have said, but weather patterns across the second half of the year will determine whether demand holds up in the face of a weak macroeconomic outlook.
Read MoreDATA DIVE: Carbon credit retirements against South Africa tax hit record level in 2025, buyers flock to cookstoves
The number of offsets retired against South Africa’s carbon tax has already hit a record level this year, with the figure now expected to rise in future given the government’s decision to expand the use of carbon offsets in its carbon tax, extend the utilisation window for older credits, and push forward with preparations for Paris-aligned crediting under Article 6.Â
Read MoreDATA DIVE: Carbon pricing stabilised in 2024 as emissions hit another record
Global carbon pricing systems delivered a mixed performance in 2024, with some compliance schemes rebounding while others slumped, even as energy-related emissions rose for the fourth straight year, a report showed Thursday.
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