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Trading house opens Singapore carbon desk, former Shell traders join

Published 09:11 on July 22, 2021  /  Last updated at 09:11 on July 22, 2021  /  Asia Pacific, Australia, Bavardage, China, China's National ETS, China's Offset Market, Other APAC, Voluntary Market  /  No Comments

A major Dutch-headquartered firm has become the latest trading house to expand its emissions business to the Asia-Pacific region, with at least two carbon traders joining from Shell.

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Glencore sets up Asian carbon desk, hires ex-BP traders

Published 12:00 on July 21, 2021  /  Last updated at 12:25 on July 21, 2021  /  Asia Pacific, Australia, Bavardage, China, China's National ETS, China's Offset Market, International, New Zealand, Other APAC, Voluntary Market  /  No Comments

Commodity trading house Glencore has set up an emissions desk in Singapore, with a former BP carbon trader heading up operations.

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Disheartened by existing voluntary carbon offerings, market veterans launch ‘fair and transparent’ offset service

Published 21:55 on July 20, 2021  /  Last updated at 12:29 on July 21, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Bavardage, EMEA, International, Middle East, Other APAC, REDD, Shipping, South & Central, Voluntary Market  /  No Comments

Amid a global voluntary carbon market it says is hamstrung by profiteering, criminal activity, and a lack of regulation, a team of market veterans has launched a new carbon offset firm with the goal of providing for its customers a ‘genuine, fair, and transparent’ path to net zero.

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VCM Report: CORSIA credit prices press higher, analyst predicts 2 bln-tonne annual VER demand

Published 22:51 on July 19, 2021  /  Last updated at 22:51 on July 19, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

CORSIA-grade offset values on the voluntary carbon market (VCM) stretched all-time highs this week, while an analyst said yearly demand for voluntary emissions reductions (VERs) could eventually top out near the 2 billion-tonne mark.

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Hong Kong to explore carbon market opportunities

Published 11:06 on July 16, 2021  /  Last updated at 12:11 on July 16, 2021  /  Asia Pacific, China, China's National ETS, China's Offset Market, China's Pilot Markets, International, Other APAC, Voluntary Market  /  No Comments

Hong Kong will explore opportunities in establishing itself as a carbon trading centre for mandatory and voluntary carbon markets both in mainland China and internationally, with an initial focus on the Guangdong-HK-Macao greater Bay region.

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No soil carbon protocol guarantees high quality offsets -research

Published 23:41 on July 15, 2021  /  Last updated at 23:44 on July 15, 2021  /  Africa, Americas, Asia Pacific, Canada, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, South & Central, US, Voluntary Market  /  No Comments

None of the soil organic carbon protocols developed by third-party standards, start-ups, or governmental and academic organisations is doing enough to ensure high-quality outcomes, with the existing methodologies severely lacking in areas such as additionality and durability, according to a report published Thursday.

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Doubled EU carbon price, CBAM to have negligible impact on industry, households -economists

Published 20:58 on July 12, 2021  /  Last updated at 00:30 on July 13, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS, Middle East, Other APAC  /  No Comments

Neither an EU carbon border adjustment mechanism (CBAM) nor a steep rise in carbon allowances prices – two long-term expected outcomes from the bloc’s major climate and energy package to be released this week – will have a significant impact on EU industry or consumers, economists said Monday.

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VCM Report: VER issuances, retirements blossom in Q2 as prices increase further

Published 18:50 on July 12, 2021  /  Last updated at 23:12 on July 12, 2021  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) prices for CORSIA-eligible credits topped out above $3.00 last week to cap off a months-long voluntary carbon market (VCM) bull run, as registry data showed offset issuances and retirements rose significantly year-on-year in the second quarter of 2021.

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Germany launches tender to buy 175k CERs to offset 2020 government travel

Published 20:41 on July 9, 2021  /  Last updated at 20:41 on July 9, 2021  /  Africa, Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Middle East, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Germany has launched a tender to procure around 175,000 Kyoto Protocol offsets to neutralise the carbon emissions generated from the business trips of federal government officials in 2020.

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Voluntary offset taskforce loosens plans for governance board membership, raising conflict of interest concerns

Published 13:57 on July 8, 2021  /  Last updated at 15:14 on July 8, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

The private sector Taskforce on Scaling Voluntary Carbon Markets (TSVCM) largely kept intact its plan to ramp up offset trade in final recommendations released Thursday, although the proposed governance body will now see the inclusion of active market participants in making key recommendations and decisions on core carbon principles (CCPs).

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