Mexican offset market struggling with supply ahead of full ETS launch
Pre-compliance carbon offset trading has started under Mexico’s pilot cap-and-trade programme, but a dearth of supply and lack of regulatory clarity are serving as headwinds for further development, a panel heard Tuesday.
Read MoreUS, EU ink methane pact in push to help get COP26 climate summit back on track
The US and EU have jointly pledged to slash their methane emissions, in an internationally coordinated move seen as a significant step ahead of next month’s UN climate talks, which observers warn are at risk of faltering.
Read MoreCARBON FORWARD 2021: Amid global carbon credit boom, experts gather to discuss risks, opportunities
The sixth instalment of Carbon Forward – the premier annual environmental markets conference – is back, and it’s stacked with a first-class line-up of speakers to discuss the global boom in carbon credit prices, as well as government- and corporate-led efforts to scale up these markets.
Read MoreAl Gore-backed data project finds oil and gas emissions may be double estimates
A new emissions data project has found that emissions from oil and gas production may be twice as high as previously thought, as new technology builds a more accurate picture of global GHG output.
Read MoreCarbon Pulse bolsters best-in-class reporting team with two more expert hires
(Free read) – Carbon Pulse has significantly strengthened its best-in-class news reporting team by bringing aboard two more expert hires – one previously the lead energy analyst with The Economist Intelligence Unit (EIU), and the other a lead negotiator for Article 6 of the Paris Agreement.
Read MoreCalifornia grants 1 mln new offsets, as wildfires near another forestry project
California minted almost 1 million new compliance-grade offsets over the past two weeks, but these issuances came as a new West Coast wildfire appeared to impact another existing forestry project registered under the WCI-linked cap-and-trade programme, state data and researchers reported this week.
Read MoreCarbon exchange ACX integrates BeZero offset ratings to enhance buyer confidence
Emissions bourse AirCarbon Exchange (ACX) has integrated carbon offset ratings service BeZero onto its platform to provide credit buyers more confidence and transparency with regards to their purchases, the two firms announced Monday.
Read MoreCalifornia offset issuance jumps to six-month high with new forestry project
California regulator ARB distributed the largest volume of compliance offsets since December this week as a new forestry initiative took home the vast majority of the new credits, according to agency data published Wednesday.
Read MoreGlobal CO2 emissions in 2020 fell by most since WW2 -BP
Global carbon emissions from energy use dropped by the most in a single year since World War 2, as the COVID pandemic hit economic activity and fossil energy demand dropped, oil major BP said in its annual survey of the global energy sector.
Read MoreAXA investment arm acquires voluntary carbon offset platform ClimateSeed
The investment management arm of insurance giant AXA has purchased voluntary carbon offset platform ClimateSeed from BNP Paribas.
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