Switzerland completes transfers to ensure a third of UN Kyoto emissions goal met with offsets
Switzerland has received more than 20 million UN-backed carbon credits that the government will use to cover its 2013-2020 emissions target under the UN Kyoto Protocol, the transferring body confirmed on Monday.
Read MoreVCM Report: Key VER contracts sink to year lows amid economic gloom
Standardised voluntary emissions reduction (VER) prices lost as much as a fifth of their value over the past week, amid ever-growing concerns that companies would put offset buying on the back burner as they grapple with major macro-economic woes.
Read MoreREDD.plus credits “not rigorous enough” for offsetting, say analysts
National-scale forest protection credits sold on the REDD.plus platform are “not rigorous enough to offset or compensate for emissions”, analysts said in a note on Wednesday, noting that the market does not seem to trust the marketplace.
Read MoreCARBON FORWARD 2022: “I’m not convinced” international offsets will return to EU ETS -senior lawmaker
A senior German lawmaker said he’s “not convinced” that international offsets will ever make it back to the EU carbon market, but he highlighted a possible future role for carbon removals in the ETS.
Read MoreUPDATE – Article 6.4 removals consultation responses focus on CCS, tonne-year accounting, and ocean projects
Submissions as part of a public consultation on removals methodology for the UN’s new centralised crediting mechanism under the Paris Agreement have so far focused on the role of carbon capture and storage (CCS), tonne-year accounting methods, and ocean-based carbon projects, according to documents published on the UNFCCC website and seen by Carbon Pulse.
Read MoreBrazil can meet nearly half of global voluntary carbon credit demand by 2030 -study
Brazil has the potential to meet nearly 50% of all demand for voluntary carbon credits this decade, according to a study.
Read MoreLondon green energy conference cancelled due to hotel water leak
FREE READ – A major green energy and carbon markets conference scheduled in London next week has been cancelled due to a water leak at the venue.
Read MoreCARBON FORWARD: Last chance to join Europe’s premier carbon conference
The seventh instalment of Carbon Forward – the premier annual carbon markets conference – is back next week, and it’s stacked with a first class line-up of speakers ready to discuss the risks and opportunities across the rapidly evolving global climate policy landscape.
Read MoreBrazilian bank voluntarily cancels largest ever batch of Kyoto credits
A Brazilian bank has voluntarily cancelled the largest ever batch of carbon credits issued under the Kyoto Protocol’s Clean Development Mechanism (CDM).
Read MoreBritish Gas latest firm to be found offsetting with old, dodgy carbon credits
British Gas has offset its energy production using hundreds of thousands of old carbon credits from a Chinese industrial gas project that have been banned in Europe due to their questionable environmental integrity.
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