Idle ships at anchor to earn voluntary carbon credits under new Gold Standard methodology
Idle ships at anchor around the globe will be able to earn carbon credits under a new methodology approved by Gold Standard.
Read MoreConsortium plans Japan, Australia e-fuels value chain
A Japanese consortium is planning a multistep programme to develop clean fuels via capturing CO2 from industries that cannot be easily transitioned to lower emissions via electrification or the use of hydrogen to create new ‘e-fuels’ produced in Australia that can be used in place of traditional fossil fuels.
Read MoreJapan to certify second batch of OECMs in bid to meet biodiversity targets
Japan will next month certify 63 more Other Effective area-based Conservation Measures (OECMs) that businesses can choose to support financially in exchange for biodiversity support certificates, the environment ministry announced Tuesday.
Read MoreVCM Report: Second oil major makes a splash in retirement of voluntary carbon credits
A huge number of African REDD voluntary carbon credits were retired by an oil and gas major last week, but spot activity was thin and trading generally lacklustre as prices kept steady.
Read MoreInvestors should pressure large advertising companies to refuse to work for environmentally damaging clients -think tank
Investors in publicly listed advertising holding companies should hold them to greater account over their carbon-intensive clients, says a report about the environmental impact of the industry.
Read MoreAsian fleet faces 20 Mt/year EU carbon allowance bill once shipping is phased into ETS
The 4,000-strong Asian-flagged shipping fleet that keeps goods flowing from east to west will need to surrender around 20 million EU Allowances (EUAs) a year to cover its emissions once the maritime sector is fully included in the trading bloc’s Emission Trading System (ETS), research finds.
Read MoreJapan considers J-Credit scheme expansion to include carbon storage, removals
The committee overseeing Japan’s J-Credit programme is considering expanding the scope of the domestic voluntary scheme to encourage the development of carbon capture and storage (CCS) and carbon removal projects.
Read MoreJapanese heavyweights, international development agency sign on for Indonesian energy master plan
A group of Japanese energy giants have finalised an agreement with their nation’s international development agency to work on what they call the ‘Master Plan for Energy Transition Management Project’ in Indonesia.
Read MoreArticle 6.2 carbon deals gathering pace despite setback in Dubai
Bilateral sovereign carbon credit trade is rolling forward despite the unravelling of Article 6 negotiations at COP28, a webinar heard Wednesday.
Read MoreCompliance markets will bring guardrails, scale to voluntary carbon as the two converge -experts
The regulatory backbone of compliance mechanisms will help to support and scale the voluntary carbon market (VCM) as the two increasingly overlap, with buyers moving away from individual project assessment to rely instead on the oversight of schemes like CORSIA and Article 6 as a benchmark for credit quality, experts told a webinar Wednesday.
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