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Big maritime players call for decarbonised shipping by 2050

Published 12:00 on September 22, 2021  /  Last updated at 21:00 on September 22, 2021  /  International, Shipping  /  No Comments

A coalition representing the maritime sector’s entire value chain has called on Wednesday for a target of net zero emissions from shipping by 2050 and for market-based measures within five years.

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Japanese shipping firm buys stake in Australian offset developer

Published 09:14 on September 21, 2021  /  Last updated at 09:14 on September 21, 2021  /  Americas, Asia Pacific, Australia, Bavardage, International, Japan, Shipping, US, Voluntary Market  /  No Comments

Shipping firm NYK Line has taken a minority stake in an Australian offset developer to expand its carbon credit business and gain know-how that can be used in other markets, it said Tuesday.

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CARBON FORWARD 2021: Amid global carbon credit boom, experts gather to discuss risks, opportunities

Published 20:27 on September 17, 2021  /  Last updated at 17:02 on September 21, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Views, Voluntary Market  /  No Comments

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.

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Al Gore-backed data project finds oil and gas emissions may be double estimates

Published 10:56 on September 16, 2021  /  Last updated at 12:11 on September 16, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US  /  No Comments

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.

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UK pushes IMO for zero emissions shipping target in wake of national goal

Published 22:53 on September 13, 2021  /  Last updated at 22:53 on September 13, 2021  /  Aviation/CORSIA, EMEA, EU ETS, International, Shipping, UK ETS  /  No Comments

The UK pushed Monday for global shipping emissions to reach zero by 2050, a move that would significantly increase stringency from the current 50% goal under the UN’s International Maritime Organisation (IMO), which foresees revising its emissions strategy in 2023.

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EU lawmakers wary of CO2 cost hit to poor people, urge speedier end to free allocations

Published 13:38 on September 9, 2021  /  Last updated at 17:54 on September 9, 2021  /  Aviation/CORSIA, Carbon Taxes, CBAM, EMEA, EU ETS, International, Shipping  /  No Comments

A proposed new European carbon market for buildings and transport could hit the poorest the hardest, MEPs said in a hearing on Thursday, with several calling for a faster phaseout of free EU carbon allocations for industry and airlines under the bloc’s main ETS.

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Wary of EU move, shipping industry proposes additional global CO2 levy

Published 23:10 on September 6, 2021  /  Last updated at 23:11 on September 6, 2021  /  Americas, Asia Pacific, Carbon Taxes, EMEA, EU ETS, International, Shipping  /  No Comments

Leading shipping associations have proposed creating a global levy on emissions from ships, seeking a level playing field as the EU advances its plans to regulate the sector’s climate impact.

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Carbon Pulse bolsters best-in-class reporting team with two more expert hires

Published 16:53 on September 2, 2021  /  Last updated at 01:01 on September 3, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, Climate Talks, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

(Free read) – Carbon Pulse has significantly strengthened its best-in-class news reporting team by bringing aboard two more expert hires – one previously the lead energy analyst with The Economist Intelligence Unit (EIU), and the other a lead negotiator for Article 6 of the Paris Agreement.

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UK’s “inconsistent, regressive” carbon pricing system needs reform to reach 2050 net zero -think-tank

Published 00:01 on July 28, 2021  /  Last updated at 13:28 on July 28, 2021  /  Aviation/CORSIA, Carbon Taxes, CBAM, EMEA, EU ETS, International, Shipping, UK ETS  /  No Comments

The UK’s current carbon pricing measures are “inconsistent, regressive, unclear, and cannot put the country on the path to reach net zero emissions by 2050”, a think-tank said Wednesday, urging wide-ranging reforms to the system.

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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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