Shell head of voluntary carbon sales joins REDD+ developer
The head of oil major Shell’s voluntary carbon offset sales team has joined a REDD+ project developer, they announced Monday.
Read MoreHurdles in applying corresponding adjustments to carbon credits may undermine CORSIA -report
The effectiveness of the CORSIA international aviation offsetting scheme could be limited by implementation challenges such as the structural barriers in applying corresponding adjustments under Article 6 of the Paris Agreement, according to a report released over the weekend.
Read MoreEmissions and economic growth finally separate, IEA says
The International Energy Agency (IEA) found a record year for power demand in 2024 even as emissions growth slowed, underlining the fact that after decades, economic and emissions growth are finally and demonstrably decoupling.
Read MoreLDC expands carbon project portfolio in decarbonisation push
Commodity merchant Louis Dreyfus Company (LDC) has broadened its carbon project portfolio as part of a growing push to decarbonise its operations and supply chains, according to its 2024 Integrated Report.
Read MoreEU’s 2040 climate target still due by end of March, followed by NDC in Q2
The European Commission denied reports that its 2040 target proposal could be delayed into the second quarter, rectifying statements from its vice-president Teresa Ribera who suggested in an interview that the initiative would be postponed.
Read MoreMajor EU political groups commit to maintaining CBAM integrity
Three of the largest political groups in the European Parliament have pledged to uphold the integrity of the EU’s Carbon Border Adjustment Mechanism (CBAM) by limiting legislative changes to the scope proposed by the European Commission last month.
Read MoreGhana’s Article 6 pipeline teeming with projects, expects ITMO transfer by H2
Ghana has received 70 projects for review in pursuit of eventual authorisation or endorsement, including 45 applications for Article 6 projects with sovereign nations, according to a report published Friday by the country’s Carbon Markets Office (CMO).
Read MoreICVCM took “significant step” towards quality in cookstoves decision, say academics behind critical paper
The Integrity Council for the Voluntary Carbon Market (ICVCM) took a strong step towards cleaning up the cookstoves sector, according to the experts behind a critical research paper that claimed a large share of projects had been heavily over-credited in the past.
Read MoreICAO estimates 100-150 mln carbon credits needed for CORSIA Phase 1
UN aviation agency ICAO has calculated that CORSIA offsetting requirements for 2024-26 emissions will reach between 100-150 million tonnes, while the total for the 2024-35 period could hit as high as 1.5 bln tonnes.
Read MoreBRIEFING: Carbon capture, a costly distraction to some, is the “revolutionary” answer to others
Depending on who you ask, carbon capture and storage (CCS) is either a decades-long failure and distraction from real emissions cuts, or the only viable solution for decarbonising hard-to-abate sectors like cement, and petrochemicals.
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