CARBON FORWARD 2021: Amid global carbon credit boom, experts gather to discuss risks, opportunities
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.
Read MoreAl Gore-backed data project finds oil and gas emissions may be double estimates
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.
Read MoreKorea Exchange sees first internationally-sourced carbon offset deal
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.
Read MoreQueensland deal aims to supply South Korea with renewable hydrogen
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.
Read MoreSK Market: Lukewarm interest as South Korean CO2 auction fails to sell out again
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.
Read MoreSouth Korea to give financials limited access to carbon market
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.
Read MoreKorean ETS emissions rebound, but market still oversupplied in 2021 -analysts
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.
Read MoreChina, US climate talks fail to inspire confidence ahead of Glasgow
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.
Read MoreCarbon Pulse bolsters best-in-class reporting team with two more expert hires
(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.
Read MoreSouth Korea takes on tougher emissions target
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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