VCM Report: REDD sinks lower to add further gloom to the market
REDD avoided deforestation credits slipped lower last week to underline the lack of demand and reflecting an increasingly bleak voluntary carbon market as it waits the arrival of the ICVCM’s first batch of Core Carbon Principle labelled credits.
Read MoreOECD climate group to discuss national carbon pricing approaches, advance stocktake work at fall dialogue meeting
An OECD committee assembled to help improve the impact of emissions reduction efforts around the world through enhanced multilateralism will meet this autumn to discuss countries’ various carbon pricing approaches, as part of an initiative to take stock of global efforts, examine their effectiveness, and prevent carbon leakage.
Read MoreCarbon Pulse grows global news reporting team by almost 50% in biggest hiring push yet
FREE READ – Carbon Pulse has increased its global team of reporters by nearly 50% in its largest hiring push to date, as the company channels significant investment into further strengthening the world’s premier carbon markets news service.
Read MoreUPDATE – VCM Report: Avoidance credit prices remain depressed to put pressure on developers
Carbon credit prices continued to edge sideways amid a summer lull in liquidity that seems to have been exacerbated by anticipation of the ICVCM integrity initiative that will produce the first Core Carbon Principle-labelled credits in the fourth quarter.
Read MoreMexico’s Colima state announces CO2 tax, as Tamaulipas prepares to reinstate its carbon levy
The small Mexican state of Colima is working on quickly rolling out a carbon tax, while the Tamaulipas government is planning to soon reinstate its own CO2 levy that will have stronger legal backing, a conference heard Tuesday.
Read MoreMexico ETS compliance phase delayed into 2024
The Mexican cap-and-trade system will not begin its operational phase until some time next year due to the complex process of establishing final regulations, a government official said Monday.
Read MoreAs global temperatures soar, UN-backed initiative recognises media’s pivotal role in shaping public perception, govt response
(Free read) – As global temperatures rise to record levels, a UN-backed initiative has recognised media’s pivotal role in both shaping public perceptions to heatwaves and climate change and influencing the response of policymakers.
Read MoreSecurities regulators outline recommendations for expanding, strengthening compliance carbon markets
A global group of securities regulators has published a final report summarising responses to a recent consultation, supporting the establishment and enhancement of compliance carbon markets across its member jurisdictions.
Read MoreMore than 3/4 of US Gulf of Mexico oil and gas production displays lower-than-average GHG intensity for basin -analysts
More than three-quarters of all oil and gas production in the US Gulf of Mexico features lower greenhouse gas intensity than the average for the basin, according to a new analysis.
Read MoreFrance’s Macron shoring up support for global carbon tax on shipping
French President Emmanuel Macron is seeking international support for a global carbon tax on the shipping industry ahead of a summit France is co-hosting later this month.
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