FEATURE: CO2 quality standards will be key to effective CCS projects, as will monitoring for leaks
Verifying the purity of CO2 that flows through carbon capture and storage (CCS) hubs will be vital as the industry develops, in order to avoid any impurities from jeopardising the network — but the industry is still in early stages, with standards in development and monitoring equipment not yet commercial.
Read MoreXpansiv to launch CORSIA Phase 1 contract on CBL platform in April
Carbon infrastructure company Xpansiv will launch in April a new standardised spot contract for Phase 1 of CORSIA, the UN’s international aviation emissions offsetting scheme, it announced Thursday, but there was no corresponding notice of new futures contracts.
Read MoreRatings could safeguard $15-bln market for voluntary carbon in compliance schemes, finds analysis
The transacted value of voluntary carbon credits integrated into compliance schemes could reach $15 bln by the early 2030s, according to a ratings agency – with ratings to play a key role in shoring up integrity.
Read MoreRwanda partners with GGGI to boost Article 6 readiness
The Rwandan government has partnered with the Global Green Growth Institute (GGGI) to enhance the country’s readiness to participate in the international carbon markets under Article 6 of the Paris Agreement.
Read MoreResearchers list five options for carbon trading in a net-negative world
With the EU ETS emissions trajectory aiming for net zero by 2040, policymakers in Europe who have started thinking about the next steps have five main options for future carbon trading, according to researchers.
Read MoreUK emissions drop in 2024, but international aviation bucks trend
The UK’s greenhouse gas emissions fell around 4% year-on-year in 2024 amid a continued push for renewable power, although emissions from the international aviation sector, which are not included in the figures, bucked the trend to return to levels predating the COVID-19 pandemic.
Read MoreForest carbon losses risk doubling mitigation costs -report
Rising forest carbon losses could significantly undermine global climate goals and double the cost of mitigation efforts, a study published Thursday has revealed.
Read MorePakistan secures new funding deal with IMF, likely to impose carbon levy from July
Pakistan has reached an agreement with the International Monetary Fund (IMF) under the Extended Fund Facility (EFF), with the South Asian nation agreeing to introduce a carbon levy from July.
Read MoreNACW25: Experts grapple with role for US subnationals, corporates at COP30
The US withdrawal from the Paris Agreement opens a strategic opportunity for American businesses and states to advocate for carbon markets and climate finance at COP30, but experts described a murky path forward on Wednesday.
Read MoreSBTi opens can of worms with various options for CDR usage, say experts
The SBTi may have heightened confusion in the carbon removal (CDR) sector following the release of a draft update to its flagship corporate climate standard, which will pit the practicalities of company decision-making against the nascent industry’s struggle to scale, experts told a webinar on Wednesday.
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