VCM Report: CORSIA voluntary carbon futures spike looks overblown, say observers
Voluntary carbon futures eligible for Phase 1 CORSIA soared past $20 on the ICE bourse last week in the wake of a UN decision to block the approval of new supply into the international aviation emissions offsetting scheme, although S&P Global kept its related spot price assessment at $11.50.
Read MoreJapan aims at international impact in nature positive strategy
Japan has released a Nature Positive Economy Transition Strategy, taking aim at creating impact well outside its own borders and including the use of carbon and biodiversity credits.
Read MoreJapan set to tighten data reporting requirements for domestic rice carbon projects
The committee steering Japan’s J-Credit programme is considering strengthening data reporting requirements for an increasingly popular rice-focused methodology to ensure credit quality.
Read MoreJapan carbon market attracts over 700 participants as emissions coverage increases
Japan’s voluntary domestic carbon market has recently added almost 200 new participants, further expanding the share of national emissions covered, the Ministry of Economy, Trade and Industry (METI) announced on Wednesday.
Read MorePressure on for Australian govt to halt massive Woodside LNG life extension
One of Australia’s most noted retired statesmen and politicians has co-signed a letter asking the environment minister to reject Woodside Energy’s plan to extend the life of a 40-plus year old LNG export plant to 2070, a move seen to result in several billion tonnes of CO2e emissions.
Read MoreSBTi has no plans to validate voluntary carbon credit use towards corporate emissions targets
The Science Based Targets initiative (SBTi) will not bow to pressure and validate the use of voluntary carbon credits to help a company achieve its emission targets, the body confirmed to Carbon Pulse Tuesday.
Read MoreJapanese IT company launches marine data acquisition technology, supports blue carbon and biodiversity
A Japanese information services provider has launched an AI-powered solution for data acquisition, which can quantify and simulate changes in the marine environment to support blue carbon and biodiversity initiatives.
Read MoreJapanese, US giants look to clean fuel agreement
Japan’s Jera plans to buy into a giant US hydrogen project that would supply it with 500,000 tonnes of green ammonia per year, it said Tuesday.
Read MoreVCM Report: Market pauses as ICAO delays approval of new standards, ICVCM wades through voluntary carbon methodologies
Trade in the voluntary carbon market stumbled last week under a cloud of uncertainty created by key organisations.
Read MoreJapanese agricultural lender to promote seaweed feed additives, cut methane emissions
A major agricultural lender in Japan has teamed up with two domestic partners to promote the commercialisation of cow feed additives using red seaweed, aiming to reduce methane emissions from cow burps and restoring marine ecosystems.
Read More
