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Norway to look at curbing CER buying after surprise emissions fall

Published 16:52 on March 30, 2017  /  Last updated at 16:52 on March 30, 2017  /  EMEA, EU ETS, International, Kyoto Mechanisms  /  No Comments

Norway will look at possibly downscaling its CER buying programme after the government revised down emissions projections due to more citizens opting for electric cars.

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EU, China to lead on climate while the US has some ‘explaining’ to do -Arias Canete

Published 09:55 on March 30, 2017  /  Last updated at 15:55 on March 30, 2017  /  Americas, China, Climate Talks, EMEA, International, US  /  No Comments

Having now ditched its carbon-cutting plans, the US must explain to the rest of the world how it will meet its emission targets if it stays in the Paris Agreement, EU climate chief Miguel Arias Canete said Thursday, while promising that the EU and China would carry on leading the fight against climate change.

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Voluntary market data from CTX for Mar. 24, 2017

Published 21:55 on March 24, 2017  /  Last updated at 21:55 on March 24, 2017  /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Mexico, Middle East, Other APAC, South & Central, US, Voluntary Market  /  No Comments

A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by Carbon Trade Exchange (CTX).

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Althelia aims to double its land-use project portfolio, disputes watchdog claims

Published 21:52 on March 24, 2017  /  Last updated at 10:28 on March 30, 2017  /  Africa, Asia Pacific, Aviation, EMEA, International, New Market Mechanisms, Other APAC, South & Central, Voluntary Market  /  No Comments

Natural capital vehicle Althelia Climate Fund said it is on course to double its project portfolio this year in an effort to secure returns for investors, responding to watchdog groups that raised concerns about its ability to generate revenues after it earned at least €4.4 million in management fees.

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Rich nations grant $8 mln to develop carbon markets in India

Published 11:27 on March 23, 2017  /  Last updated at 17:46 on March 23, 2017  /  Asia Pacific, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC  /  No Comments

The World Bank-led Partnership for Market Readiness (PMR) has granted $8 million to support India in developing market-based mechanisms to drive carbon emission cuts.

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ALLCOT’s voluntary market report – March 2017

Published 18:20 on March 22, 2017  /  Last updated at 18:20 on March 22, 2017  /  Africa, Americas, Asia Pacific, China, EMEA, International, Kyoto Mechanisms, Middle East, Other APAC, South & Central, Voluntary Market  /  No Comments

With the end of the financial year approaching, corporate buyers are keen to complete their budgeted offsetting and so demand has picked up in the last month. Project developer and carbon trader ALLCOT provides a snapshot of the market.

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Don’t link carbon markets, policymakers are told

Published 01:37 on March 22, 2017  /  Last updated at 17:15 on March 22, 2017  /  Americas, Asia Pacific, Canada, China, Climate Talks, EMEA, International, US  /  No Comments

Linking carbon markets increases volatility and makes it less likely that they achieve emission reductions, an article in the journal Nature argued, proposing instead that policymakers “keep it simple” on carbon pricing.

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Rich nation carbon price must reach $190/t without CO2-sucking -IRENA/IEA

Published 13:08 on March 20, 2017  /  Last updated at 13:08 on March 20, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International  /  No Comments

Carbon prices must reach $190/tonne by 2050 in all developed countries in order to meet the Paris Agreement goal of staying well below 2C without resorting to negative CO2 technologies, according to a report by international agencies IEA/IRENA and commissioned by Germany.

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Voluntary market data from CTX for Mar. 17, 2017

Published 11:43 on March 17, 2017  /  Last updated at 11:43 on March 17, 2017  /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Mexico, Middle East, Other APAC, South & Central, US, Voluntary Market  /  No Comments

A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by Carbon Trade Exchange (CTX).

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Latest

Global CO2 output flat for third straight year but too soon to call peak -IEA

Published 09:08 on March 17, 2017  /  Last updated at 11:23 on March 17, 2017  /  Americas, Asia Pacific, EMEA, International  /  No Comments

Global energy-related CO2 emissions were flat for a third straight year in 2016 even as the global economy grew, the IEA said Friday, signalling a continuing decoupling of emissions and GDP.

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