US threatens CORSIA exit if GHG baseline decision not made next week
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.
Read MorePandemic impact to hit ETS prices for 2 years, voluntary market more resilient -survey
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.
Read MoreGreen COVID-19 recoveries must not shy away from stringent CO2 prices -experts
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.
Read MoreMarket stability mechanisms both a necessity and deterrent to ETS linking -study
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.
Read MoreColombian ETS rulebook expected in coming weeks ahead of 2021 start
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.
Read MoreGreater clarity on CORSIA offset supply, eligibility necessary for enhanced market participation -report
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.
Read MoreGlobal energy emissions growth sees dip in 2019 as coal’s role fades -BP
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.
Read MoreFirst deal in new Brazilian biofuel carbon credits inked
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.
Read MoreCARBON PULSE CONVERSATIONS 011: EnergyLab (Chile)
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.
Read MoreRGGI administrator distances carbon market from unauthorised CORSIA application
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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