ANALYSIS: Uptick in voluntary carbon market activity still awaiting post-2020 clarity
A rise in voluntary market issuances over the past year could signal that entities are preparing for the start of multiple international emissions trading regimes in the next decade, but some cautioned there still may be too much risk to engage in early purchasing.
Read MoreAviation industry urges governments to wait to set a global GHG target
Governments should wait two or three years before setting a global aviation emission goal in case they “lose focus” on implementing the CORSIA offsetting mechanism, which is designed to limit emissions at 2020 levels, senior aviation representatives told a conference Monday.
Read MoreIMO still docked in finding ways to meet shipping’s global emission goals
Governments at the International Maritime Organisation (IMO) this week got off to a slow start in agreeing measures to help meet emission reduction goals, but the group took steps to keep in play the launch of a market-based measure from 2023.
Read MoreCarbon Pulse hires top carbon expert to lead Americas coverage
**FREE READ** – Carbon Pulse has hired one of North America’s top carbon market experts to lead its news coverage and expand its offerings on the continent.
Read MoreMayday: Weak ambition, Chinese backtracking threaten future of CORSIA global aviation offset scheme
Fears are mounting that ICAO’s international aviation offsetting mechanism could collapse well before its 2021 start as China backtracks and other nations resist, while the scheme’s rules get severely weakened or delayed by infighting.
Read MoreICAO adopts CORSIA aviation offset rulebook, postpones key decisions as China looks to back out
The UN’s aviation agency ICAO adopted its CORSIA rulebook on Wednesday, snubbing several governments’ calls for changes while giving airlines few additional signals on what offsets they can use to comply.
Read MoreRenewables rise helps to close Paris gap as governments lag -analysts
The faster-than-expected expansion of renewables worldwide is helping to narrow the gap to Paris Agreement goals, despite some governments making little progress on climate action and the effects of US President Trump’s policies not yet taking hold, researchers said Thursday.
Read MoreIMO adopts deal to cut shipping emissions at least 50% by 2050
Governments at the International Maritime Organisation (IMO) on Friday adopted an initial strategy to address international shipping emissions, including setting a 2050 target to cut emissions by at least 50% under 2008 levels.
Read MoreIMO strikes provisional shipping emissions deal, awaits full sign-off
Governments at the International Maritime Organisation (IMO) agreed to a provisional deal on Thursday for an initial strategy to address international shipping emissions, including a 50% long-term emission cut target, with the resolution due to be signed-off officially on Friday.
Read MoreEU lawmakers seek more on IMO emissions deal
EU lawmakers urged countries to agree to a more ambitious deal to curb global shipping emissions, warning on Tuesday that the bloc will otherwise go further on its own.
Read More