Record batch of Colombian CERs cancelled by emitters against country’s carbon tax
A record batch of Colombian CERs were voluntarily cancelled this week for use by local emitters against the country’s carbon tax.
Read MoreEuropean carbon traders posit cause of surprise CER price surge
CERs surged to a 20-month high on Wednesday, accelerating a recent rally that has seen prices double in the past four months and which has left many traders scratching their heads.
Read MoreS&P Dow Jones launches equity indexes that weigh future carbon price risks
Share index compiler S&P Dow Jones has launched a series of equity market indexes to measure the performance of companies against their valuation at risk from predicted 2030 carbon prices.
Read MoreExperts suggest carbon border measures against US as EU, China move closer on climate
The rest of the world should retaliate against the US’ escalating trade tariffs with carbon border adjustments rather than tit-for-tat countermeasures, according to researchers.
Read MoreCOMMENT: New CDM issuance rules penalise developers and discriminate against smaller companies
The UNFCCC’s Clean Development Mechanism (CDM) has enjoyed great success in deploying more than $300 billion of investment into clean technology in developing countries around the world. But recent decisions by the UNFCCC risk alienating may of the companies whose activities support this mechanism and discriminate against smaller enterprises.
Read MoreChina CORSIA withdrawal reports inaccurate, official tells media
Reports that China has withdrawn from the voluntary first phases of the UN’s CORSIA aviation offsetting scheme are inaccurate, according to a representative of China’s delegation to ICAO.
Read MoreMystery of illegal ozone-depleting emissions solved, say environmental investigators
Environmental sleuths have tracked down what they believe is the location of a large illegal source of ozone-destroying emissions.
Read MoreNew Zealand’s Z Energy seals voluntary carbon deal at above-market price
New Zealand fuel supplier Z Energy has bought nearly 60,000 voluntary carbon credits at prices higher than in the nation’s mandatory ETS to offset its operational emissions.
Read MorePruitt resigns as head of US EPA, with ex-coal lobbyist deputy to fill in
Embattled US EPA Administrator Scott Pruitt resigned as leader of the country’s environmental office on Thursday after a multitude of political and financial scandals, with deputy administrator and former coal industry lobbyist Andrew Wheeler slated to become the acting agency head on Monday.
Read MoreEx-BP environmental head sets up US firm to trade biofuels, forest carbon
The former head of environmental products trading at oil major BP has left to set up a US-based firm specialising in biofuels and forest carbon assets.
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