FEATURE: Effects of Iran war may lead countries to galvanise behind greener shipping framework
Surging fuel prices driven by the Iran war have alerted companies and policymakers to the energy security benefits of greener alternatives, which could help galvanise momentum on a global framework for shipping emissions, according to experts.
Read MoreINTERVIEW: EU nature market should place greater emphasis on certificates
The European Commission’s two-step approach for an EU-wide nature market should place more value on the certificate phase, as it is essential to scale up financing, an expert told Carbon Pulse.
Read MoreBRIEFING: Analysts cautiously optimistic on California ISOR timeline, expect 2028 for Washington linkageÂ
Carbon market analysts offered broadly positive outlooks on the formalisation of planned updates to the California cap-and-invest programme via the Initial Statement of Reasons (ISOR) but said they expected linkage with Washington to occur in 2028 at the earliest during a workshop hosted last week by Carbon Pulse.
Read MoreFEATURE: In EU CBAM accounting debate over carbon prices paid abroad, taxes that allow offsets pose a special problem
As EU policymakers decide what counts under the CBAM as an effective carbon price paid abroad, a special case – jurisdictions that allow carbon taxes to be offset with voluntary carbon credits – raises questions about which carbon prices follow in the spirit of the regulation.
Read MoreClimate Litigation Roundup: Liability claims face setbacks, but one Peruvian case could open future pathways
The past month in climate litigation saw courts across multiple jurisdictions weigh greenwashing allegations and reject liability claims against major emitters, though one legal researcher said a landmark ruling in a decade-old case against a German utility has cracked the door open for more to come.
Read MoreVCM REPORT: CORSIA carbon credit prices post small recovery but remain subdued
The price of CORSIA eligible credits rose to their highest level since February last week, despite experts warning a prolonged Middle East war may have downside risks for demand.
Read MoreBRIEFING: Cuba’s plans for carbon-financed renewables still far off, as US oil blockade highlights energy insecurity
The US oil blockade of Cuba has exacerbated the country’s energy security problem, while also accelerating a shift to renewables, which has included a push to develop carbon markets, according to experts.
Read MoreFEATURE: South African carbon tax seen as safe despite energy crisis pressure
South Africa’s levy on CO2 emissions is not considered to be under imminent threat, according to experts based in the country, despite an escalating energy crisis and recent attempts to pause the policy from within the national government.
Read MoreNACW26: BRIEFING – Climate superfund suits potential “roadmap” for DOJ challenge to California ETS, but seen unlikely to succeed
The Trump administration’s ongoing lawsuits against other states’ climate superfund lawsuits could reveal a “roadmap” for a potential legal challenge against California’s cap-and-invest programme, according to a legal expert, while others agreed any challenge against the ETS would be unlikely to succeed.
Read MoreFEATURE: High-integrity blue carbon faces “core tension” between science and scale
Efforts to scale high-integrity blue carbon projects are being constrained by a fundamental tension between scientific rigour and market viability, according to a Singapore-based project developer working on a mangrove restoration initiative in Indonesia.
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