INTERVIEW: WTO engaging “quite constructively” on climate, BCAs despite threats to multilateralism
The World Trade Organization (WTO) has become a constructive forum on climate policy and border carbon adjustments (BCAs) despite a global downturn in climate and trade multilateralism, according to a policy expert and ex-WTO negotiator speaking to Carbon Pulse from the 14th Ministerial Conference (MC14) in Yaounde, Cameroon.
Read MoreDATA DIVE: Asia gas premium over Europe to filter in support for EUAs, say analysts
Increased demand for LNG from Asian buyers should squeeze European natural gas prices, boost coal in the EU power mix, and feed some support for EUAs over the spring and summer, according to analysts, though any fuel switching demand from electricity production would also likely come in the face of a tough conditions for industrials amid high energy costs.
Read MoreBRIEFING: Waste incinerators face potential EU ETS inclusion from 2030 “at the earliest”
The European Commission is weighing three options to tackle CO2 emissions from municipal waste incinerators, with a potential inclusion in the EU’s Emissions Trading System (ETS) not envisaged until 2030 “at the earliest”, a senior EU official has said.
Read MoreBRIEFING: Firms ramp up carbon software spend amid mounting compliance and operational pressures
Corporate buyers are increasing investment in carbon management software as compliance pressures grow and priorities shift from reporting to operational decarbonisation, a webinar heard Thursday.
Read MoreFEATURE: Italian govt confident energy decree will be approved, but experts disagree
Italian Prime Minister Giorgia Meloni said last week she believes a national energy decree reimbursing gas power plants for their carbon costs will be approved by the European Commission, but experts say it is unlikely to get the green light under EU state aid rules.
Read MoreFEATURE: Textile decarbonisation gathers pace in South Asia, but with limited role for carbon credits
Textile manufacturers in South Asia are accelerating efforts to decarbonise under growing pressure from international buyers, though carbon credits are expected to play only a limited role as brands prioritise direct emissions cuts in their supply chains, according to experts.
Read MoreFEATURE: Paraguay national J-REDD+ launch imminent, heavy reliance on CORSIA
A national jurisdictional REDD+ (J-REDD+) programme covering at least 480,000 hectares, with expansion potential to 3 million, is on the verge of being officially launched by the Paraguay government, which has told Carbon Pulse that its main target market is the international aviation offsetting scheme CORSIA and other international markets.
Read MoreBRIEFING: Paraguay in conversations to implement Article 6.2 agreements with all major buyers, officials say
Paraguay’s government is ramping up efforts to finalise and operationalise Bilateral Agreements (BAs) with existing partners, while holding discussions with major buyer countries in international trade under Paris Agreement Article 6.2, two senior officials told Carbon Pulse.
Read MoreBRIEFING: Opinion split over role of voluntary credit integrity initiatives, UK govt consultation finds
Stakeholders across the UK’s carbon and nature markets hold differing views on whether the government should use voluntary integrity initiatives as best practice guides, the government said on Thursday.
Read MoreBRIEFING: Periods of conflict heighten two-way causal relationship between coal prices, EUAs
A dynamic, two-way relationship often emerges between coal and EU Allowance (EUA) prices during instances of acute geopolitical conflict, as the war in the Middle East continues to show signs of further escalation, according to peer-reviewed analysis.
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