Offset developers, registries must bring higher-integrity protocols to market -report
Voluntary carbon market (VCM) participants and registries need to quickly scale-up high integrity offset protocols amid rising corporate demand, while also making tweaks to existing protocols to account for inadequacies, according to a white paper published Monday.
Read MoreShipping likely to be shielded from other EU carbon market sectors, say analysts
The EU is likely to only partially link shipping to other carbon market sectors when it includes maritime in its cap-and-trade system, analysts said in a report released Thursday, adding that any move to include shipping would be unlikely before 2023.
Read MoreMore shipbrokers charting their own course to trade carbon
Shipbrokers are launching dedicated carbon trading desks or forging ties with market experts ahead of looming regulation and amid rising interest in mitigating the climate impact of their voyages.
Read MoreEU plans to bring shipping into carbon market must not grant free allowances -shipowners
Plans to bring shipping emissions into the EU ETS must ensure that no free emissions allowances are allocated, two national shipowner associations said in a letter on Monday.
Read MoreCommodities trader Trafigura opens carbon trading desk as it delves into global offset market
Commodities trader Trafigura has formally opened a carbon trading desk, the Singapore-headquartered firm announced Friday, as it ventures into the growing global offset market.
Read MoreEver Given-inspired Greek startup floats carbon offset scheme from disrupted ships, planes
A new Greek startup, inspired by the beached cargo ship that briefly blocked the Suez Canal, is floating the idea of generating carbon offsets from the incident and other similar events that feature disruptions to global trade or transport, including the movement of fossil fuels.
Read More“Forceful, abrupt” international climate action response to birth US carbon price by 2025 -experts
Delayed efforts to combat climate change will result in a “forceful, abrupt, and disorderly” response by governments by 2025, which combined with protectionist policies will see the US introduce a national carbon pricing system by that date.
Read MoreShell receives Europe’s first carbon neutral LNG cargo as Brits seek out greener gas
Asia’s recent spurt of carbon neutral LNG shipments has spread to Europe, as British consumers spur efforts to green the country’s gas supply while direct solutions remain costly.
Read MoreCarbon Pulse strengthens unrivalled voluntary markets coverage with expert ‘Net Zero’ hire
(Free read) – Carbon Pulse has significantly strengthened its unrivalled voluntary markets coverage by hiring one of the longest serving environmental journalists on the beat and a world renowned expert in the role of forestry and other land uses in combatting climate change.
Read MoreShipping industry advances progress on cleaner fuels as EU aims to tighten regulation
Danish shipowner Maersk announced Wednesday that its first carbon neutral vessels could operate from 2023, a rollout far faster than previously planned and coming as the wider EU shipping industry urges Brussels to impose targets for cleaner fuels as part of its climate package due in June.
Read More