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South Africa’s parliament approves long-awaited carbon tax bill

Published 17:32 on February 19, 2019  /  Last updated at 17:32 on February 19, 2019  /  Africa, Carbon Taxes, EMEA, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

South Africa’s parliament on Tuesday approved the country’s long-awaited carbon tax bill, clearing a key hurdle in keeping the measure on track to enter into force this spring.

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ANALYSIS: Taking a risky route, UK airline Flybmi crashes into EU ETS Brexit ‘shield’

Published 10:27 on February 18, 2019  /  Last updated at 11:51 on February 18, 2019  /  Aviation, EMEA, EU ETS, International  /  No Comments

UK airline Flybmi collapsed over the weekend, blaming in part higher EU ETS costs, though it appears that the bloc’s Brexit-linked carbon market safeguards contributed to its ultimate death knell amid the carrier’s risky practices and despite a slew of warnings.

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Climate Action Reserve launches mitigation programme based on forecasted emissions reductions

Published 22:59 on February 13, 2019  /  Last updated at 01:57 on February 14, 2019  /  Americas, Canada, International, New Market Mechanisms, US, Voluntary Market  /  No Comments

Companies will be able to show emission mitigation efforts for future economic developments under a new programme launched Wednesday by California-based offset registry Climate Action Reserve (CAR), a departure from traditional offset activities that award credits after achieving reductions.

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ECOSYSTEM MARKETPLACE: Former UNFCCC boss Yvo de Boer still working the climate puzzle, but from a different angle

Published 00:05 on February 13, 2019  /  Last updated at 00:05 on February 13, 2019  /  Africa, Americas, Asia Pacific, Climate Talks, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Views, Voluntary Market  /  No Comments

Yvo de Boer values his solitude and his garden – both of which he neglected while serving as Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) from mid-2006 to mid-2010.

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World Bank carbon fund inks first REDD payment deals

Published 19:06 on February 12, 2019  /  Last updated at 20:46 on February 12, 2019  /  Africa, Americas, Australia, Aviation, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Two African nations will receive over $100 million for protecting some of their forests under the World Bank’s Forest Carbon Partnership Facility (FCPF), the agency announced on Tuesday, jump-starting the first REDD payouts from the facility’s Carbon Fund since it launched at the beginning of the decade.

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CARBON FAST FORWARD: A new series of regional carbon market conferences

Published 22:37 on February 11, 2019  /  Last updated at 22:37 on February 11, 2019  /  Bavardage, Climate Talks, Conversations, EMEA, EU ETS, International, New Market Mechanisms, Views, Voluntary Market  /  No Comments

Carbon Forward is launching a series of regional European carbon market conferences to help delve deeper into the issues affecting companies with exposure to the EU Emissions Trading System (ETS).

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WITHDRAWN-South Africa’s long-awaited carbon tax may see further delay -PwC

Published 17:37 on February 11, 2019  /  Last updated at 13:55 on February 12, 2019  /  Africa, Carbon Taxes, EMEA, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

**This story has been withdrawn due to inaccurate information published Feb. 8 by PwC. The consulting firm’s comments were based on an old version of South Africa’s carbon tax bill.**

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Swiss agency invites entities to partner to develop emission trade activities

Published 17:16 on February 11, 2019  /  Last updated at 23:13 on February 11, 2019  /  Climate Talks, EMEA, International, New Market Mechanisms, Switzerland  /  No Comments

Switzerland’s carbon credit procurement agency is inviting entities to apply to partner with it, the first step for forging post-2020 international emission trade agreements under the Paris Agreement.

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Expanded investment, trading registry needed to spur deployment of CCUS technologies -report

Published 20:34 on February 6, 2019  /  Last updated at 01:41 on February 7, 2019  /  Americas, International, US  /  No Comments

Increased deployment of carbon capture utilisation and storage (CCUS) technologies may require greater investments and a trading exchange in addition to higher US federal tax benefits, a report said Wednesday.

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US oil & gas boom risks 1 billion-tonne increase in global emissions -report

Published 22:52 on February 5, 2019  /  Last updated at 22:52 on February 5, 2019  /  Americas, International, US  /  No Comments

The continued boom of US oil and gas production could add 1 billion tonnes of CO2e to global GHG emissions by 2030, while displacing domestic clean energy growth, according to a study released Tuesday.

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