South Africa’s parliament approves long-awaited carbon tax bill
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.
Read MoreANALYSIS: Taking a risky route, UK airline Flybmi crashes into EU ETS Brexit ‘shield’
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.
Read MoreClimate Action Reserve launches mitigation programme based on forecasted emissions reductions
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.
Read MoreECOSYSTEM MARKETPLACE: Former UNFCCC boss Yvo de Boer still working the climate puzzle, but from a different angle
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.
Read MoreWorld Bank carbon fund inks first REDD payment deals
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.
Read MoreCARBON FAST FORWARD: A new series of regional carbon market conferences
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).
Read MoreWITHDRAWN-South Africa’s long-awaited carbon tax may see further delay -PwC
**This story has been withdrawn due to inaccurate information published Feb. 8 by PwC.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.**
Read MoreSwiss agency invites entities to partner to develop emission trade activities
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.
Read MoreExpanded investment, trading registry needed to spur deployment of CCUS technologies -report
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.
Read MoreUS oil & gas boom risks 1 billion-tonne increase in global emissions -report
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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