California punts endorsement of Tropical Forest Standard to 2019
California regulator ARB on Friday postponed a decision until next spring on whether to approve the Tropical Forest Standard (TFS) that could allow jurisdictions to link their sector-based offset programmes to the state’s carbon market, with stakeholders warning of the standard’s environmental and social ramifications.
Read MoreWorld can’t take any more new fossil fuel plants, warns IEA
The world cannot afford to build any more fossil fuel-based infrastructure without increasing warming by more than 2C, the global energy watchdog IEA warned Tuesday in its annual World Energy Outlook.
Read MoreStudy to outline massive potential CO2 mitigation cost savings if countries cooperate
Governments could save almost $300 billion a year on emission reductions by 2030 if they cooperate rather than work alone, a conference heard this week.
Read MoreCOMMENT: Paris goals can only be achieved in time with robust bottom-up action
Despite the scientific evidence, there are still nations that are either not convinced of the need to reduce emissions, or are unwilling to do so. But real demand for change is growing at ground level. Consumers around the world are paying greater attention to the environment and the climate, and making changes to their own lifestyles. They are also starting to ask uncomfortable questions of the businesses that supply them.
Read MoreBrussels urges EU states to “file difference” to UN’s CORSIA aviation scheme
The European Commission is urging EU states to “file a difference” to the rulebook on the UN’s CORSIA, a Commission official said Monday, a move that casts further doubt on the future of the aviation offsetting scheme.
Read MoreAviation industry urges governments to wait to set a global GHG target
Governments should wait two or three years before setting a global aviation emission goal in case they “lose focus” on implementing the CORSIA offsetting mechanism, which is designed to limit emissions at 2020 levels, senior aviation representatives told a conference Monday.
Read MoreUN opens tender to buy 141k Gold Standard CERs
The UN has launched a tender to buy some 140,800 Gold Standard CERs, including a batch from projects with co-benefits for women.
Read MoreIMO still docked in finding ways to meet shipping’s global emission goals
Governments at the International Maritime Organisation (IMO) this week got off to a slow start in agreeing measures to help meet emission reduction goals, but the group took steps to keep in play the launch of a market-based measure from 2023.
Read MoreBrazilian company to auction nearly 500k VCUs from hydro project on Nov. 7
**This article is available to non-subscribers** – A Brazilian electric generation company has announced it will auction 492,647 Verified Carbon Units (VCUs) from a hydro project in the southern part of the country on Wednesday, Nov. 7.
Read MoreTwo more South Korean projects de-register from CDM
Two more South Korean CDM projects, collectively capable of yielding more than 1.2 million CERs annually, have been de-registered by their owner, the electronics giant Samsung.
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