Energy Aspects’ senior carbon analyst joining Redshaw Advisors
Energy Aspects’ London-based senior carbon analyst is joining risk management firm Redshaw Advisors, Carbon Pulse has learned.
Read MoreNorwegian Air loses appeal over €34-mln EU ETS penalty, vows Supreme Court challenge
Norwegian Air Shuttle ASA said this week it will appeal to the country’s Supreme Court after the Borgarting Court of Appeal overturned a lower court ruling that had cleared the airline of a NOK 400 million (€33.8 mln) penalty linked to its failure to comply with the EU ETS during the pandemic.
Read MoreCORSIA procurement platform launches to address credit supply, sourcing risks
A new procurement service and online marketplace has launched aimed at helping airlines source carbon credits eligible under the UN aviation offsetting scheme CORSIA, the partners behind the project announced Friday.
Read MoreANALYSIS: Middle East war likely to result in lower demand for CORSIA credits in the short term, analysts say
The war in the Middle East is likely to lower demand for credits under the international aviation sector’s CORSIA scheme in the short term, analysts told Carbon Pulse, with one estimating the past two weeks alone have seen around 3 million tonnes of fewer emissions due to lost jet fuel.
Read MoreOver $2 bln in future VCM demand -analysts
New analysis has identified nearly $2.3 billion in future demand for offsets in the voluntary market, according to a report published on Wednesday.
Read MoreCORSIA futures hit 15-month low as EEU issuances breach 32 mln
The supply of carbon credits for Phase 1 of the aviation offsetting scheme CORSIA reached more than 32 million as of early March, according to a new International Civil Aviation Organisation (ICAO) dashboard that tracks eligible credits, while prices have slipped to their lowest levels in over a year.
Read MoreNigeria signs LoA for international sale of 5.2 mln cookstove carbon credits
A clean cookstove developer is looking to boost the supply of carbon credits into the first phase of the aviation offsetting scheme CORSIA, after being granted the right to sell 5.2 million credits internationally by Nigeria under Article 6 rules, it announced Tuesday.
Read MoreVCM Report: Voluntary carbon prices slip lower as buying appetite dries up amid oil spikes
CORSIA prices stabilised last week, but there was a general-sell off in much of the avoidance complex amid uncertainty about the impact of the war in the Middle East on the economy.
Read MoreCarbon registry updates Article 6.2 procedures, methodologies as it submits CORSIA application
A carbon crediting registry has released updated Article 6.2 procedures for projects seeking eligibility for international transfers of mitigation outcomes (ITMOs), including potential use under CORSIA, alongside an updated list of approved methodologies.
Read MoreFEATURE: Singapore’s SAF levy unlikely to impact demand for CORSIA credits
Singapore’s upcoming levy on airline tickets to fund sustainable aviation fuel (SAF) purchases is seen largely as a market-creation signal rather than a policy that can deliver major emissions cuts in the near term, with limited impact on airlines’ demand for CORSIA carbon credits, according to experts.
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