Global energy emissions growth sees dip in 2019 as coal’s role fades -BP
Global CO2 emissions from energy use grew by 0.5% in 2019, only partially unwinding the unusually strong 2.1% rise in 2018, oil major BP said in its annual energy review published on Wednesday.
Read MoreGlobal carbon market sees modest growth in 2019, strong interest in forestry -World Bank
Global carbon markets expanded marginally last year and saw modest growth in government revenues, but interest in offset projects rose with forestry leading the way, according to an annual report released Thursday by the World Bank.
Read MoreCalifornia sets 20-mth high with 11.2 mln new offsets, as Quebec issues first credits since July
California regulator ARB minted 11.2 million new credits this week in its highest single issuance since autumn of 2018, while Quebec’s environment ministry handed out its first compliance offsets in 10 months, according to data released Wednesday.
Read MoreMexico’s Baja California legislature approves carbon tax
Lawmakers in Mexico’s Baja California have passed a proposal that will see the Pacific Coast state impose a new emissions levy at a higher rate than the federal CO2 tax.
Read MoreCarbon consultancy offering ‘Corona Credits’ to offset emissions reduced by global virus lockdown
*FREE READ* – A new carbon consultancy is calculating the global greenhouse gas emissions being saved by people working from home due to the coronavirus outbreak, and it is packaging and selling the reductions as voluntary carbon offsets.
Read MoreMexico targets Q4 for publishing compliance offset protocols
Mexico will aim to release offset protocols for use under its ETS in the final quarter of 2020, with several methodologies under consideration, a government official said Wednesday.
Read MoreEmissions trading expands globally on more climate ambition -report
Emissions trading systems covered just under 9% of the world’s total GHG emissions in 2020, increasing their global coverage as climate ambition grows and governments consider net zero emission targets, a report published on Tuesday found.
Read MoreMajor climate conference nixed over coronavirus
A major annual climate change conference scheduled for late May has been cancelled over the coronavirus crisis.
Read MoreCalifornia offset issuance hits 2020 high on forestry project strength
California Carbon Offset (CCO) issuance attained the highest level so far this year as four existing forestry projects helped boost supply this week under the state’s WCI-linked ETS, according to data published Wednesday.
Read MoreNorth American Carbon World conference cancelled on coronavirus caution
This year’s North American Carbon World (NACW) conference in San Francisco has been cancelled due to mounting concerns over the COVID-19 coronavirus, California-based offset registry Climate Action Reserve (CAR) announced Monday.
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