UN launches 2020 tender to buy 224k Gold Standard CERs
The UN has opened a tender to buy just over 224,000 Gold Standard CERs to offset the organisation’s annual emissions.
Read MoreGreens warn against voluntary offset transition without corresponding adjustments
The absence of corresponding adjustments on voluntary carbon credit transfers over the next decade risks double counting emission reductions and obscuring climate mitigation progress, environmental organisations argued Thursday.
Read MoreGerman govt launches tender to buy 431k CERs
The German government has launched a tender to buy 431,300 CERs to offset the emissions from a series of activities including those associated with its EU Council presidency.
Read MoreSwiss eye reverse VAT charges on more types of CO2 credits to prevent tax fraud
Switzerland has proposed introducing a reverse charge mechanism for VAT on more types of emissions trading in an effort to prevent tax fraud.
Read MoreAustralia’s Kyoto Protocol AAU surplus balloons to 430 mln
Australia has amassed a total 430 million surplus Kyoto Protocol units, the government said Wednesday as the nation’s commitments under the treaty ended June 30, more than sufficient to prop up any shortfall in meeting its Paris Agreement targets.
Read MoreAustralia’s biggest emitter launches carbon neutral product
Australia’s biggest emitter on Tuesday announced the launch of a carbon neutral electricity product that will offer offset-backed power to customers, and it plans to roll out similar options across its entire product portfolio.
Read MoreUS threatens CORSIA exit if GHG baseline decision not made next week
The US will opt out of the first three years of the CORSIA offset mechanism for global air travel if other countries do not agree to alter the programme’s emissions baseline next week, with other nations potentially following suit, a Dutch minister said Friday.
Read MorePandemic impact to hit ETS prices for 2 years, voluntary market more resilient -survey
The COVID-19 pandemic is likely to weigh on ETS prices worldwide for the next two years, with price expectations for the coming decade also dropping, according to an annual survey of carbon market participants and observers published on Tuesday.
Read MoreMarket stability mechanisms both a necessity and deterrent to ETS linking -study
Mechanisms that help manage unexpected shocks in emissions trading schemes are a necessary consideration when weighing the linking of two carbon markets, however existing ones can also act as a deterrent to connecting systems, according to a study released late Friday.
Read MoreEyeing voluntary market split, Gold Standard seeks firm line on Paris-era offsetting
Offset certifier Gold Standard plans to differentiate post-2020 vintage carbon credits depending on whether host nations make corresponding adjustments to their emissions inventories, a firm line that may force offset buyers to drastically rethink their voluntary climate strategies.
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