VCM Report: Nature-based VER values lift past CORSIA-eligible units
Prices for exchange-traded, standardised voluntary emissions reductions (VERs) rose more quickly among nature-based products than CORSIA-qualified credits for the second straight week, reasserting a premium in the voluntary carbon market (VCM) that had evaporated earlier this month.
Read MoreIndia in a position to adopt net zero target, report says
India should target net zero emissions by between 2065 and 2070, and reach a peak in its emissions by 2035, according to a new think tank report.
Read MoreMalaysia to establish emissions trading scheme, guidelines for voluntary carbon market
Malaysia will develop a domestic emissions trading scheme and draft guidelines to set up a voluntary carbon market, its environment minister said over the weekend.
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 MoreInpex inks carbon neutral propane deal amid calls for greater offset scrutiny
Japanese oil and gas company Inpex signed a carbon neutral propane gas deal with major LPG player Astomos Energy this week, broadening the list of fossil fuel product trades that are controversially claiming carbon neutrality.
Read MoreTaiwan’s CPC signs carbon neutral gas supply deal with industrial giant
Taiwan’s state-owned oil and gas company CPC Corporation has signed an agreement with a semiconductor company TSMC for the supply of “carbon neutral” natural gas, the company announced on Thursday.
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 MoreEnergyAustralia’s carbon offset scheme grows by over a third
Gentailer EnergyAustralia retired 36% more offsets under its carbon neutral product after expanding its scope, but documents released this week showed only 2% of the credits used were domestic ACCUs.
Read MoreEuropean steelmakers risk stranded assets within years as emissions budget nears exhaustion -report
European steelmakers must accelerate their low-carbon transition as their emissions budget to 2050 nears exhaustion, according to a report published Tuesday that found Turkish and former Soviet producers most at risk of holding stranded assets.
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