CARBON PULSE CONVERSATIONS 004: Stillwater Associates
In the latest Carbon Pulse Conversations podcast, we speak to Megan Boutwell, vice president of operations at US-based consultancy Stillwater Associates, about the coronavirus-related impacts on the California Low Carbon Fuel Standard (LCFS) and neighbouring transportation sector clean fuels markets.
Read MoreCARBON PULSE CONVERSATIONS 003: Refinitiv
In the latest Carbon Pulse Conversations podcast, we speak to Oslo-based carbon and power analyst Yan Qin from Refinitiv about the latest developments in preparing for China’s national emissions trading scheme and the outlook for getting that market up and running this year.
Read MoreCARBON PULSE CONVERSATIONS 002: ClearBlue Markets
In the second episode of our new coronavirus-era podcast, Carbon Pulse speaks with Toronto-based analysts and consultants ClearBlue Markets about the pandemic’s effects on the WCI cap-and-trade programme and Canadian carbon pricing systems.
Read MoreCARBON PULSE CONVERSATIONS 001: Alessandro Vitelli
Being confined to our homes with the wider world firmly under lockdown due to the coronavirus, we have started a podcast: Carbon Pulse Conversations. Check out our first episode!
Read MoreCOMMENT: Five massive drivers of future demand for offsets
Prior to the onslaught of COVID-19, a quick scan of the news each day would reveal that climate change is on the minds of customers and corporates worldwide. Warmer winters with rain where there was once snow, colder weather anomalies due to destabilization of the polar vortex, and summers punctuated by raging fires in both hemispheres make the topic impossible to ignore. And, while new regulatory regimes are cropping up across the globe, voluntary action is on the rise.
Read MoreCOMMENT: Doubling down on climate action in the time of corona
Let this economic crisis not be a brake on the low-carbon transition, but an accelerator. With the Green Deal as a compass, we can marry our emergency spending with structural changes that will prepare us for a greener tomorrow. Because we cannot backtrack on our climate commitments, neither governments nor companies. That is more than crisis management, that is responsible policy, writes Renat Heuberger, CEO, South Pole.
Read MoreCOMMENT: ICAO’s carbon market report offers valuable lessons for Article 6 talks
A report by experts recommending carbon credits for the ICAO’s CORSIA international aviation mechanism provides valuable lessons for the Article 6 negotiations. Even in the absence of an Article 6 agreement at COP26, countries which want to use global carbon markets should heed these lessons.
Read MoreCOMMENT: The gravity-defying wonder of EUAs
The chart below shows how European carbon prices have outperformed the rest of the energy complex so far this year. EUAs are down just 1.7% since January 1, while coal, oil, natural gas and power have all fallen between 7% and 21%.
Read MoreCOMMENT: What critics of a European ‘carbon border tax’ are missing
Opinions abound on a controversial new policy announced by new European Commission President von der Leyen: the ‘carbon border tax’. Yet many commentators limit themselves to repeating decade-old and often irrelevant arguments, overlooking the actual challenges such a measure will face.
Read MoreECOSYSTEM MARKETPLACE – Shades of REDD+: Should forest offsets be eligible for CORSIA?
When operating details of the Kyoto Protocol’s CDM were negotiated from 2001-03, many voiced concerns about forest carbon credits and their high risk of reversals, potential to displace emissions, and the difficulties in accurately quantifying emission reductions. Nearly two decades on, it is worthwhile to reconsider the question of whether or not forest mitigation could be ready for carbon markets. The question is back on the table as ICAO sets up a scheme for reducing emissions from international air travel.
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