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US threatens CORSIA exit if GHG baseline decision not made next week

Published 20:17 on June 26, 2020  /  Last updated at 21:51 on June 26, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, 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 US will opt out of the first three years of the CORSIA offset mechanism for global air travel if other countries do not agree to alter the programme’s emissions baseline next week, with other nations potentially following suit, a Dutch minister said Friday.

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Pandemic impact to hit ETS prices for 2 years, voluntary market more resilient -survey

Published 08:00 on June 23, 2020  /  Last updated at 17:16 on June 24, 2020  /  Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's National ETS, EMEA, EU ETS, International, Kyoto Mechanisms, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The COVID-19 pandemic is likely to weigh on ETS prices worldwide for the next two years, with price expectations for the coming decade also dropping, according to an annual survey of carbon market participants and observers published on Tuesday.

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Green COVID-19 recoveries must not shy away from stringent CO2 prices -experts

Published 22:49 on June 22, 2020  /  Last updated at 23:33 on June 22, 2020  /  Africa, Americas, Asia Pacific, Carbon Taxes, EMEA, International, Other APAC, REDD, South & Central  /  No Comments

Sustainable economic recovery efforts amid the coronavirus pandemic should not only feature CO2 taxes or emissions trading schemes to stimulate a clean and just transition, but also avoid the pitfalls of weak carbon pricing rates that have persisted for years, experts said Monday.

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Market stability mechanisms both a necessity and deterrent to ETS linking -study

Published 22:15 on June 22, 2020  /  Last updated at 01:22 on June 23, 2020  /  Americas, Asia Pacific, Carbon Taxes, China's National ETS, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

Mechanisms that help manage unexpected shocks in emissions trading schemes are a necessary consideration when weighing the linking of two carbon markets, however existing ones can also act as a deterrent to connecting systems, according to a study released late Friday.

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Colombian ETS rulebook expected in coming weeks ahead of 2021 start

Published 16:03 on June 19, 2020  /  Last updated at 01:17 on June 20, 2020  /  Americas, Carbon Taxes, South & Central  /  No Comments

Colombia is slated to release its roadmap for its cap-and-trade programme in the near future as the government readies for the market launch next summer, a project development firm said Thursday.

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Greater clarity on CORSIA offset supply, eligibility necessary for enhanced market participation -report

Published 22:52 on June 17, 2020  /  Last updated at 22:52 on June 17, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

A lack of standardisation and transparency across eligible offset programmes under the international aviation offset market CORSIA is presenting a barrier to entry for participants and making it difficult to estimate credit supply, according to a new report.  

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Global energy emissions growth sees dip in 2019 as coal’s role fades -BP

Published 10:33 on June 17, 2020  /  Last updated at 01:58 on June 18, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, Other APAC, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Global CO2 emissions from energy use grew by 0.5% in 2019, only partially unwinding the unusually strong 2.1% rise in 2018, oil major BP said in its annual energy review published on Wednesday.

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First deal in new Brazilian biofuel carbon credits inked

Published 00:51 on June 13, 2020  /  Last updated at 01:28 on June 13, 2020  /  Americas, RINs & LCFS, South & Central, US, Voluntary Market  /  No Comments

The first ever transaction in a new type of Brazilian carbon credit has been completed, with a conference company buying 100 units from a biofuel producer under the country’s renewable fuels market.

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CARBON PULSE CONVERSATIONS 011: EnergyLab (Chile)

Published 02:11 on June 3, 2020  /  Last updated at 02:11 on June 3, 2020  /  Americas, Carbon Taxes, Climate Talks, Conversations, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, US, Views, Voluntary Market  /  No Comments

In the latest edition of our Carbon Pulse Conversations podcast, we chat with Cristian Mosella, co-founder and executive director of Chilean consultancy EnergyLab, about the South American country’s recent COP25 presidency, its updated Paris Agreement NDC, and developments regarding a potential emissions trading programme and the current carbon tax.

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RGGI administrator distances carbon market from unauthorised CORSIA application

Published 15:41 on May 29, 2020  /  Last updated at 23:34 on May 29, 2020  /  Americas, Aviation/CORSIA, Climate Talks, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

A third-party submission to qualify RGGI allowances and offsets for eligibility in the global aviation scheme CORSIA was not sanctioned by the Northeast US cap-and-trade programme and runs counter to existing regulations, the market administrator has told Carbon Pulse.

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