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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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Korea Exchange sees first internationally-sourced carbon offset deal

Published 14:33 on September 9, 2021  /  Last updated at 14:33 on September 9, 2021  /  Asia Pacific, South Korea  /  No Comments

The Korea Exchange on Thursday recorded its first transaction of carbon credits sourced from projects abroad, signalling the entry of a new source of supply from an emissions market already battling overallocation.

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Queensland deal aims to supply South Korea with renewable hydrogen

Published 09:53 on September 9, 2021  /  Last updated at 09:55 on September 9, 2021  /  Asia Pacific, Australia, South Korea  /  No Comments

An agreement between the Port of Townsville and Ark Energy could see the export of renewable hydrogen to South Korea in the next decade, the Queensland state government in Australia has announced.

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SK Market: Lukewarm interest as South Korean CO2 auction fails to sell out again

Published 09:00 on September 8, 2021  /  Last updated at 02:21 on September 9, 2021  /  Asia Pacific, South Korea  /  No Comments

South Korea’s monthly CO2 auctions continue to draw limited interest despite strong price growth, with buyers picking up fewer than half the available allowances at Wednesday’s September sale.

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South Korea to give financials limited access to carbon market

Published 08:05 on September 7, 2021  /  Last updated at 01:23 on September 8, 2021  /  Asia Pacific, South Korea  /  No Comments

South Korea on Tuesday released an administrative notice that will give financial institutions limited access to trading CO2 allowances, perhaps as early as next month.

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Korean ETS emissions rebound, but market still oversupplied in 2021 -analysts

Published 07:27 on September 6, 2021  /  Last updated at 07:27 on September 6, 2021  /  Asia Pacific, South Korea  /  No Comments

Carbon emissions regulated by South Korea’s cap-and-trade scheme is on track to rebound by over 6% this year, but the market will likely still see a surplus of almost 30 million allowances, analysts said Monday.

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China, US climate talks fail to inspire confidence ahead of Glasgow

Published 13:12 on September 3, 2021  /  Last updated at 09:30 on September 4, 2021  /  Americas, China, Climate Talks, International, Japan, New Market Mechanisms, South Korea, US  /  No Comments

The US special envoy on climate, John Kerry, on Friday left China after several days of talks, but the absence of a joint statement at his departure leaves little reason for optimism ahead of the Glasgow COP26 UN climate negotiations in November, observers say.

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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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South Korea takes on tougher emissions target

Published 03:45 on September 1, 2021  /  Last updated at 03:45 on September 1, 2021  /  Asia Pacific, Climate Talks, International, South Korea  /  No Comments

South Korea’s National Assembly has adopted legislation that significantly firms up its 2030 emissions target as the nation steps up efforts to get on track to meeting its mid-century net zero ambition.

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